Thinking about relocating to Hong Kong as an expat? If you are wanting to move to Hong Kong, you are definitely not alone. Hong Kong is a popular destination with expats wanting to relocate to embrace new career opportunities overseas. As you plan to move internationally, you may be shocked to learn how expensive it can be. Fortunately, the Allied Hong Kong team are locals and we’re well aware of the costs that come with moving overseas. We know the tips for moving on a tight budget and how to save money when moving to Hong Kong as an expat.
Advice for saving money when moving to Hong Kong as an expat
Moving overseas is an incredibly thrilling experience! However, once you begin to add up the cost of visas, moving materials, flights and all your other relocation expenses, it can feel a little overwhelming! Our advice can help you get the most out of your budget when moving to Hong Kong as an expat.
Research the cost of living
Before you relocate to Hong Kong, we highly recommend that you do some research into the cost of living. This research should include the average estimates of accommodation and utilities, food, transportation, and other related living expenses. To ensure you can cover all costs when you move, we recommend having enough savings to cover at least three months of living expenses in Hong Kong. It’s also a good idea to research the currency exchange rates which can fluctuate. By undergoing this research, you’ll have a good understanding of the cost of living in Hong Kong and how much you may need to save to ensure a smooth transition into your new home.
Pack carefully
A great way to save money during your move to Hong Kong is to pack strategically! This means thinking carefully about what items you should bring with you and what you should sell, donate, or place in storage. You may also have items which can be easily replaced once you’ve arrived in Hong Kong so aren’t worth being packed and taken with you.
A good example is clothing! As Hong Kong has a humid subtropical climate, there are hot and humid summers with mild and drier winters. Because of this, it’s not worth bringing all your thick winter coats and jumpers with you. Instead, focus on packing warmer weather clothing. We highly recommend using a professional packing service as experts will carefully pack your furniture and belongings for their international journey, minimising the risk of damage, breakage or loss.
Find the right area to live
Where you live in Hong Kong will have a significant impact on your lifestyle as well as your cost of living. The best places in Hong Kong for expats to live have a combination of being close to work, education, and transportation options, and should offer lifestyle amenities such as parks and shopping without being overly expensive. We recommend Mid Levels, Happy Valley and Kowloon Tong.
Use secure storage
Hong Kong is well-known for its high density and smaller apartments! As space is at a premium, it is much more affordable to choose a smaller apartment or house and then securely store your belongings and furniture in a storage facility. Allied’s storage service provides both short-term and long-term storage options for maximum flexibility, and is highly secure with 24/7 monitoring and inventory recording.
Choose an experienced moving company
The best way to keep to your moving budget when you relocate to Hong Kong is to use an experienced moving company like Allied Moving Services. As we have the right expertise, training and equipment, you will be able to move efficiently to your new home in Hong Kong. This will not only save you time, but also reduce the risk of added costs caused by moving delays and breakages, damages and lost items which can occur when working with an inexperienced moving company. Receive a free quote on your international relocation and book your
move to Hong Kong with Allied Moving Services today!