many peopleMigration to Hong Kong, is for better development opportunities, an internationalized environment, or to pave the way for the next generation. But do you really understand thatWhat are the tangible benefits you can enjoy after getting your Hong Kong identity?This article will analyze the "gold" behind Hong Kong status. This article will analyze the "gold content" behind Hong Kong status from the core aspects of education, healthcare, taxation and freedom of life.

Whether you are in the process of applying for Hong Kong status, or have settled in Hong Kong but have not yet fully integrated into life, this content is worth bookmarking.

I. Education: internationalized resources and low costs at the same time

Hong Kong's education system is a blend of quality education resources from both China and the West, and has obvious advantages especially for residents with Hong Kong status:

1. Children can attend local public schools free of charge

Hong Kong's 12-year free education system (6 years primary + 6 years secondary) covers all students with Hong Kong Identity Cards. The curriculum is closely in line with international standards and English is widely spoken, which is conducive to future articulation to overseas universities.

2. Priority application to Hong Kong universities with lower tuition fees

The eight universities represented by the University of Hong Kong, the Chinese University of Hong Kong and the University of Science and Technology are highly ranked globally. Students with Hong Kong status will be admitted as "local students" when applying for admission to these universities, which means that the pressure of competition is less than that of Mainland students, and local students are more likely to be admitted as "local students".Tuition fees are only about one-third of those for non-local studentsThe

3. International schools are available/Easier to study abroad

Hong Kong status is more advantageous when applying to prestigious schools in the UK, US, Canada and Australia, as its education system is already widely recognized internationally. Some international schools prefer local Hong Kong students.

Second, medical care: public health care is almost free, and private services are flexible and optional.

With a Hong Kong Resident Identity Card, you can enjoy low-cost or even free medical services provided by Hong Kong's public healthcare system.

1. Well-established public healthcare system

Low cost of consultation: general outpatient onlyHK$50 per visitHospitalization per day is approximatelyHK$100It is very cost-effective in the Asian context. There is also complete coverage for the treatment of major diseases.

2. International level of medical quality

Hong Kong doctors are generally trained in overseas specialties, use first-class international equipment, and practise "bilingual medical care" to ensure that there are no communication barriers.

3. Private healthcare for high-end needs

If you are looking for fast and high-end services, you can also choose from the many renowned private hospitals in Hong Kong. Hong Kong status provides the flexibility to choose to purchase local or international medical insurance to alleviate high-end medical costs.

III. Taxation: one of the lowest tax rates in the world, especially suitable for entrepreneurs and investors

Hong Kong is globally recognized as a "low-tax paradise" with an open, transparent and simple tax system that is highly attractive to business owners, high net worth individuals and freelancers:

1. No pressure for global taxation

Hong Kong only taxes locally-sourced income. Money earned outside Hong Kong (e.g. offshore investment income)untaxableThis is particularly important for cross-border businesses and freelancers.

2. Very low personal income tax

Hong Kong has a progressive tax system and the maximum salaries tax is only17%It is a friendly place to be compared with the high tax rate countries in the Mainland or Europe and the United States. Compared with the Mainland or high tax rate countries in Europe and America, it is really friendly.

3. No capital gains tax/inheritance tax/excise tax

Speculating in stocks and selling properties in Hong KongNo capital gains taxThere is also no VAT or GST, which greatly reduces the cost of daily living and investment.

IV. Other advantages: freedom, accessibility, social environment

In addition to education, healthcare and taxation, Hong Kong status also means:

1. Easier access to the world

HKSAR passport holders are exempted from signing170 countries and territoriesThe travel is easier in countries such as the UK, Japan, Singapore and Schengen countries in Europe.

2. Bilingual language environment and cultural fusion of East and West

Hong Kong is a cosmopolitan city where both Chinese and English are spoken, making communication both in life and at work much freer.

3. Financial and Career Development Platform

With Asia's top financial market and free trade system, Hong Kong provides a broad stage for entrepreneurs, self-employed people and professionals.

V. Summing up: Hong Kong identity is not only a "way out", but also a "possibility".

Globally, Hong Kong's identity is known for itsHigh degree of freedom, low tax burden, quality education resources, and excellent medical protectionAnd it is highly respected. Whether you are preparing for your children's education, personal development, or wealth inheritance, it is worth incorporating into your life's long-term planning.

If you're planning a change of life, you might want to seriously consider: taking theHong Kong ImmigrationIdentity, the way forward, may be clearer.