Email Us | Advertising

Login / Register

User Name
Password

Advertisers


Hong Kong > Forums  > Hong Kong Forums  > Living in Hong Kong  > Working in Hong Kong

entrylevel salary HK vs. NYC

Reply
 
LinkBack Tools Search Rate Thread
 
Old 29-08-2005, 04:16 AM
Registered User
 
Join Date: Aug 2005
Posts: 2
skinnydogg is on a distinguished road
entrylevel salary HK vs. NYC

hey all, i just completed a first interview to work in Hong Kong for a large US architecture firm. The position would be entry-level seeing how I just got out of college. In NYC, my entry-level architect friends make around 40,000 USD, or around 3,500 USD a month. What do entry-level architects usually make in Hong Kong? Is NYC cost of living comparable to HK cost of living?

Thanks,
skinnydogg
Reply With Quote
 
Old 06-09-2005, 05:47 PM
Registered User
 
Join Date: Sep 2005
Posts: 4
seafoodghost is on a distinguished road
Hi I am not sure you meaning of entry level architect, if you mean a fresh graduate from school, the entry salary would be around HK$20K, that's the hear-say information I get last year, construction industry in HK is quite bad so I am not sure now.

About cost of living, i have no idea cause I am
a local HK people, but the cost of a Big Mac here is app. US$1.7 and a can of Coke is app. US$0.5. Hope this help
Reply With Quote
 
Old 06-09-2005, 06:42 PM
Registered User
 
Join Date: Apr 2005
Location: Soho
Age: 29
Posts: 70
Erospoetae is on a distinguished road
Send a message via AIM to Erospoetae Send a message via MSN to Erospoetae
Skinny,

People in Hong Kong dont make as much money as they do in NY. I graduated from Suny Geneseo in 2001. Came out making 42K, but the tax system in NY/US is crazy: 28-33%. In Hong Kong the MAX is like 17-18%.

Make sure you check this publication out: http://www.irs.gov/pub/irs-pdf/p54.pdf

Otherwise you'll have to pay US taxes as well as HK taxes. Well, you could pay just US taxes and be exempt from HK taxes, but you want to work the other way around, right?That being said, 40K in the US and 40K in HK are not the same.

Hope you nailed that job interview! Life here is pretty phat!

NA
Reply With Quote
 
Old 07-09-2005, 10:56 AM
Registered User
 
Join Date: Jun 2005
Location: Hong Kong
Posts: 6,387
Blog Entries: 1
PDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond repute
Quote:
Originally Posted by Erospoetae
Well, you could pay just US taxes and be exempt from HK taxes
Er, not if you are employed in and live in HK you couldn't.
Reply With Quote
 
Old 07-09-2005, 12:17 PM
Registered User
 
Join Date: Apr 2005
Location: Soho
Age: 29
Posts: 70
Erospoetae is on a distinguished road
Send a message via AIM to Erospoetae Send a message via MSN to Erospoetae
PDLM- that is interesting. Double taxation???
Reply With Quote
 
Old 07-09-2005, 12:46 PM
dropdedfwed's Avatar
Registered User
 
Join Date: Sep 2005
Location: in a little hole
Posts: 607
dropdedfwed is a splendid one to beholddropdedfwed is a splendid one to beholddropdedfwed is a splendid one to beholddropdedfwed is a splendid one to beholddropdedfwed is a splendid one to beholddropdedfwed is a splendid one to behold
Send a message via Yahoo to dropdedfwed
Quote:
Originally Posted by Erospoetae
PDLM- that is interesting. Double taxation???
not sure wot the US site says, but if ur from Oz u only pay tax in both places if u have worked in Oz for >180days in the last financial year. then, i think the Oz govt gives u a rebate on the tax u have paid on ur income overseas anyways. if u work <180 days in the financial year in Oz, you dont pay aussie tax at all, just HK tax.
Reply With Quote
 
Old 07-09-2005, 01:41 PM
Registered User
 
Join Date: Apr 2005
Location: Soho
Age: 29
Posts: 70
Erospoetae is on a distinguished road
Send a message via AIM to Erospoetae Send a message via MSN to Erospoetae
Drop- I agree with you. I was just questioning PDLM claim.

US Tax codes is a bit different. You have to reside and work in a foriegn country (s) for 330 days out of the year AND provide evidence that you intend to LIVE and WORK in the foriegn country PERMANENTLY. It cannot be a temporary living arrangement.
Reply With Quote
 
Old 07-09-2005, 02:01 PM
Registered User
 
Join Date: Jul 2005
Location: NYC/Hong Kong
Posts: 34
jrlevin is on a distinguished road
Send a message via AIM to jrlevin
Eros is right on the money about US taxation. also, I read that you have to live hear for one whole year starting on Jan 1 for you to not pay taces in the US.


As far as cost of living...it depends on your lifestyle. In genreal it is definitely cheaper here than in NYC. What kind of relocation package/expenses will the company pay for?

Eros were you at the Sept B-day party?
Reply With Quote
 
Old 07-09-2005, 02:42 PM
Registered User
 
Join Date: Jun 2005
Location: Hong Kong
Posts: 6,387
Blog Entries: 1
PDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond reputePDLM has a reputation beyond repute
I wasn't questioning whether you have to pay US tax, I was questioning the assertion that you could live and work in HK and somehow be exempt from HK taxes - I know of no way of doing that.
Reply With Quote
 
Old 07-09-2005, 03:32 PM
Mat Mat is online now
Registered User
 
Join Date: Jun 2004
Location: HK
Age: 30
Posts: 964
Mat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud ofMat has much to be proud of
If you work and live in HK you pay your taxes, no matter the country you come from, whether it is US or not.
Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
NYC style ich bin Entertainment and Nightlife 8 17-08-2007 12:30 AM
Salary differential from NYC blenny100 Working in Hong Kong 6 25-07-2006 01:36 AM
IB Pay in NYC and HK Credit Boy Everything Else 4 20-05-2006 11:13 AM
Moving to HK from New Jersey / NYC mchan Everything Else 0 15-09-2005 10:25 AM
How risky is it to exchange apts in HK from NYC? JJNYNY Everything Else 4 12-12-2003 09:43 PM


Tools Search
Search:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT +8. The time now is 08:54 AM.


Quick Nav

Partners

Small Business Ads

Advertise Here

Content Relevant URLs by vBSEO 3.1.0 ©2007, Crawlability, Inc.