How to Move to Hong Kong Smoothly
Posted By Samuel Phineas Upham
Hong Kong is a multi-cultural city that is attracting new talent from all over the world. Whether you are relocating for business or a change in life style, there are things you need to know about moving there. With these tips, your move will go smoothly and you will be prepared for your first few days in the city.
Importing House Goods
Most household goods can move in and out of Hong Kong with relative ease. Whether the items are used or new, goods are free from tariff charges, import taxes or duties. The necessities you need for your home, like your clothes and your basic furnishings, are items you don’t need to plan for.
What to Give to Customs
Local customs officials will search your belongings thoroughly, but do not require your presence for that search. If you supply them with a few documents, their work flow will be faster:
- Present a detailed list of what was packed.
- Keep your bill of landing and present that to customs.
- Be sure to have your passport handy if you are present at a search. A photocopy of your documents will do in the event that you’re not present.
- If you have any restricted items, be prepared to display the appropriate license to bring them into the country.
Importing Your Car
Your car will be charged a registration fee upon entry into the country, and it must be a right-hand drive vehicle to be street legal. Your car must also pass emissions testing before you will be allowed to drive it.
About the Author: Samuel Phineas Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Samuel Phineas Upham website or Facebook.
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