Work in Hong Kong
Work in Hong Kong: Essential facts on employment opportunities for expats
Unrivaled location and
world class infrastructure
For those seeking new challenges abroad, Hong Kong has long been a popular expat destination. While the recent economic downturn and increasing numbers of well-qualified local graduates has led to a more competitive job market, the number of expats working in Hong Kong remains high.
Work in Hong Kong: The job market
Although the return to Chinese sovereignty has led to many jobs being sourced more locally, there are still numerous opportunities for expatriates wanting to work in Hong Kong. In the first half of 2015, a net 52.1 per cent of employers were intending to increase their permanent staff numbers.
[Source: Hudson, HK Hiring report 2015]
Which job functions and industries are the most in demand?
There are certain industries where some skill sets are in short supply – and while many expats still work in the financial sector, others are increasingly being employed in rapidly developing areas of business. With one of the largest concentrations of corporate headquarters in the Asia-Pacific region, there are numerous opportunities for expats in niches like IT, digital advertising, HR and the legal sphere.
Investment banks, in particular, continue to entice many to work in Hong Kong – although lucrative expat packages are becoming increasingly rare, aside from those employed to senior positions.
Top in-demand roles for 2015 include:
Accounting & finance
- Finance business partners
- Internal audit & control
Sales & marketing
- Sales/business development
- Digital marketing
- Brand manager
- Compliance/anti-money laundering
- Regulatory reporting
- Internal audit/operational risk
[Source: Hudson, HK Hiring report 2015]
What types of companies recruit international candidates?
Multinational companies with a pan-Asian presence are the most likely to recruit international candidates for jobs in Hong Kong – but increasingly, they tend to recruit foreign candidates only if they cannot find enough qualified local candidates, or for certain niche roles.
How difficult is it for international candidates to find a job in Hong Kong?
Companies generally prefer to recruit local candidates who are bilingual. However, for certain niches, skill sets and top-level management positions, openings for overseas staff remain.
Most expatriate staff are recruited by companies before relocating. However, it can still be possible to find a job in Hong Kong after you arrive, for which you will need to apply for a work permit.
See www.immd.gov.hk for more information.
Fluency in written and spoken Mandarin and English is an advantage – though in many industries (such as banking & financial services and legal), business is generally conducted in English.
Work in Hong Kong: Benefits
There are many benefits to working in this colourful, dynamic city:
An international lifestyle
Hong Kong has a population of almost 7 million, with a workforce of some 3.5 million. This is a dynamic and cosmopolitan city, with ample restaurants and a great nightlife. It’s also a shopper's paradise.
Residents enjoy both eastern and western culture, along with arts centres, museums and libraries. There’s also a popular annual Arts Festival and year-round cultural events featuring top performers from around the world.
To find out more visit www.discoverhongkong.com.
An unrivaled location
Hong Kong has a prime location at the geographical and economic centre of Asia. Businesses have fast and easy access to all the major markets in the Asia Pacific region. This central position is one of the key reasons for the city's popularity as a location for regional operations.
Hong Kong is also well positioned to benefit from rapid growth in the immense mainland Chinese market. China's entry to the World Trade Organization and growth in the consumer sector has set the stage for even greater economic expansion.
Read more at http://www.investhk.gov.hk/why-hong-kong/strategic-location.html.
Hong Kong International Airport is repeatedly voted as one of, if not the best, airports in the world. It operates on a 24-hour basis, and daily non-stop flights are available to major cities in the Asia Pacific, North America, Europe, the Middle East and South Africa. It’s possible to reach most countries in Asia within five hours.
Taxis and buses run around-the-clock. The underground and overground railways are fast, reliable and reasonably priced.
In addition, Hong Kong has a state-of-the art communications infrastructure, enabling users to work both efficiently and seamlessly.
Read more at http://www.investhk.gov.hk/why-hong-kong/world-class-business-infrastructure.html.
One of the world’s freest economies
In 2015, Hong Kong was ranked the world’s freest economy for the 21st year in a row. The place continues to embrace the globalisation of trade and services, and is an active participant in international organisations that promote such activities.
Work in Hong Kong: Housing and accommodation
Housing in Hong Kong can be expensive, and living space comes at a premium. However, the choice of accommodation is wide, ranging from luxury high-rise flats in the heart of the city, to detached villas in the rural New Territories.
For more information, see www.asiaxpat.com.hk
Work in Hong Kong: Next steps
If you’re looking for work in Hong Kong, you can search for and apply for jobs on our website.
As one of Hong Kong’s leading recruiters, we have new and exciting roles becoming available all the time. We’re always keen to match quality candidates with these roles – so send us your CV to ensure you don’t miss out on the latest opportunities. We’ll add your details to our database and be in touch to discuss suitable roles as they become available.