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Hong Kong as a foreign immigration destination

December 1st, 2009

Hong Kong is the heart of Asia. In terms of the general Hong Kong work environment, Hong Kong is regarded as the gateway into the China market and has the advantages of business transparency and rule of law. Much China business is contracted in Hong Kong, whilst fulfilment is largely taken place within the Asian region. This is evident as with many multi-national and local companies having their head office in Hong Kong with the manufacturing and back-office functions located over the border. The multi-nationals, particularly the investment banks continue to bring over a lot of foreign nationals, although those numbers are dwindling due to a number of factors including “the changing job market, poor air quality, expensive accommodation, and the lack of international school places”. Out of a Hong Kong total population of around 7 million, about 26550 were estimated to be from the US, 18590 from Canada, 14590 from Australia and 11420 from the UK in 2006. These figures are only an estimate based on Immigration net arrivals and departures and they don’t account for others who are now holding permanent residency to the place.
Although English is usually spoken, most local staff will communicate with each other in Cantonese and there will be some cultural sensitivity to be mindful of. Examples are the giving and receiving of business cards with both hands and paying for staff when entertaining socially. Unlike in the West, the bill is not divided and the boss always pays. Since a while now Indian nationals are immigrating to Hong Kong on various work visas, business visas and for internships and study programmes. Hong kong is a preferred destination for many who wish to enjoy a good lifestyle with comforts of the world.

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