zukunftsalick | 7 years ago | on: Ask HN: Those who moved careers from the West to China, what's your experience?
zukunftsalick's comments
zukunftsalick | 7 years ago | on: Ask HN: Those who moved careers from the West to China, what's your experience?
zukunftsalick | 7 years ago | on: Ask HN: Those who moved careers from the West to China, what's your experience?
zukunftsalick | 7 years ago | on: Ask HN: Those who moved careers from the West to China, what's your experience?
PROS: a) Salary is high, especially if you get to work in finance/insurance/luxury retail fields b) disposable income (aka savings) is extremely high as income tax is low, no more than 17%, also, no capital gains tax! c) great hub to work and explore Asia
CONS: a) IT jobs (development mainly) aren't that exciting as they are mostly outsourced to cheaper countries so you ended up being a lonely team member in HK or in management type of jobs. There's always exceptions to this (Credit Suisse, Lalamove, Chengbao to name a few) b) tech is lagging behind in all aspects, from testing to devops. For example; Continuous Integration I'm yet to see a team in mid to large companies effectively having and respecting the build. This can be seen as an opportunity if you are willing to try. c) You work longer hours, more stress and generally fewer vacation days
However, if you come here to work as a founder to be closer to Shenzhen (factories), you also reap the benefits of an established legal system in Hong Kong. Plenty of highly motivated fresh graduates as well.
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