Hong Kong Guide: Money
Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.-
The Hong Kong dollar Valuation and currency exchange
They say money talks, and Cantonese is its mother tongue. Water is to a thirsty man what money is to Hong Kong – so it’s no surprise that Cantonese slang for money is ‘sui’ – water. ‘Mo sui’ means ‘I don’t have any money.' more » -
Hong Kong Banks Services and banking hours
Hong Kong has over 250 banks from more than 30 countries. Since Hong Kong is one of the world’s largest international banking centres, leading international and local banks, both investment and retail have a presence here. more » -
Opening a bank account How to open a bank account in Hong Kong
Banks in Hong Kong offer savings, current (checking) and multi-currency accounts. You will need an opening amount, usually $1,000, although this will differ from bank to bank and from account to account. You can also apply for a credit card. more » -
Managing your money Financial advisors and investment products
With a low salary tax and attractive expat packages, Hong Kong represents a great opportunity to build personal wealth. Many expats in Hong Kong are thus faced with the question of how to manage their savings. more » -
Pension insurance The mandatory provident fund scheme
Set up in 2000 by the Mandatory Provident Fund Authority, the mandatory provident fund scheme provides the Hong Kong’s employees with security in retirement. more » -
Taxation Income tax and tax declaration in Hong Kong
Hong Kong has one of the lowest tax rates in Asia and in the world. Only local salaries, business profits and property are taxed. more »