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Hong Kong Surpassed Singapore in Terms of Liveability

Hong Kong Surpassed Singapore in Terms of Liveability

Hong Kong was ranked as the 35th most liveable city in the world, surpassing its rival Singapore by two positions. The survey was perfumed by The Economist Intelligence Unit, a research and analysis company.

Our team of experts who specialize in company registration in Hong Kong can help investors who have decided to open a company in this Asian business hub and are also looking towards taking the steps to live here.

Hong Kong ranks well in terms of living conditions

Hong Kong managed to climb up in the rankings, compared to last year when it was outperformed by Singapore. One of the key factors that contributed to this growth is the improvement in the Special Administrative Region’s political stability. Hong Kong also managed to perform better in the cultural category and in terms of environmental protection and other related issues.

Hong Kong’s regional role remains important, as the city has one of the most welcoming business environments for foreign entrepreneurs, it offers the advantage if being located close to China and has a beneficial taxation regime. What’s more, company formation in Hong Kong is a simple process that only requires a few key steps.

Hong Kong, preferred by expats

Hong Kong is the home of expats and business owners from around the world. Many foreign employees choose to move to Hong Kong in a career move. The fact that the city is a regional business and financial hub presents a number of advantages. Relocation to Hong Kong is an option both for individuals and for companies. Expats find that the location is very expat-friendly and cultural differences are embraced and well-represented throughout the city. In terms of doing business, companies that relocate here will enjoy the transparent policies and the low tax regime.

Moving to and living in Hong Kong can be a suitable choice for individuals and entrepreneurs who also plan on running their business from here.

If you are interested in taking this step, please contact our agents who specialize in company formation in Hong Kong for complete assistance.