HK expats are earning less than Singapore counterparts

HK expats are only paid US$150k+ a year, well below what Singapore expats receive.

According to a latest survey from HSBC Global Research, 55% of HK expats earn more than US$150,000 compared to 54% of Singapore expats getting US$200K annually.

Singapore was hailed as the home for wealthiest expats while HK only ranked fifth.

Hong Kong however fared well compared to global average.

Here's from HSBC:

Hong Kong continues to act as a magnet for career driven expats due to its position as a world financial hub.

The country is undoubtedly one of the best locations for expats seeking career opportunities with 70% of expats having moved there for job opportunities and 73% indicating they have more money now after moving.

Wages for expats in Hong Kong are well above world averages as 55% of expats earn more than $150,000 against a world average of 17%. Respondents in Hong Kong also reported high levels of satisfaction with the state of the economy (90%).