Living on $100,000 After Taxes in Hong Kong #hongkong #china #democrat #republican #salary

[Trauma]

I'd love a 14.1% I'm making 37k and looking at an 18.6%

[harisadu]

MPF is not a tax. It's money that you can claim if you're over 65 or if you leave Hong Kong. So you get it back, with returns.

[rfcldtt]

😩 The government of Philippines collects 30% income tax and 5% healthcare contribution. 😭

[worldlife]

This video is missing a lot of information. Hong Kong is also one of the most expensive cities in the world.

[_lumbel_]

meanwhile Europe: state takes almost 50%...damn

[philm]

Would like to see Croatia with 50k.

Have some family there but they would only lie haha

[philippetam]

Low tax, but most HK ppl cannot buy a unit.

[carzyscenctist]

But you didn't account for their insane hefty property prices and also costs of living

[Glaggle]

Central brings back memories LET ME LIVE THERE AGAIN

[rejophilipjose]

Provident fund is not technically tax, you get that back.

[kaml.]

But a 300 sq ft apartment starts at$6 million HKD, or $1 million CAD. A 1, 000 sq ft apartment starts $20 million HKD, or $6.5 million CAD.

[canto_v]

200 sqft box US$500k. 400 sqft box US$800k.

[kenleung]

Something is wrong since Hong Kong Mandatory Provident Fund Schemes are similar to the UK, citizens have to pay 5 % of their income to the scheme

[J.L.]

Not to mention there’s tax allowance too in Hong Kong!! Child allowance, married person’s allowance, dependent parent allowances, single parent allowance etc. Claim the allowance, you should pay less than this!!

[michaelleiper]

Mandatory Provident Fund is a payment into your pension pot. - So that's not income tax...

[carzyscenctist]

You only make that kinda money if you're a director or high up within a corporation for average working man the salary is 30K per month.

[UsrBinAnnika]

Damn I lose more than half my paycheck in Ireland

[panchalburagohain]

What are the various tax slabs in Hong Kong ? Please make a video on it

[tafaragadze]

Yo.. wait.. what??! Are you serious?
Guess I'm heading to Hong Kong

[stevema]

It can get down to 0% or close to that if you’re married and have a few kids.