Thursday, December 23, 2010

多过銀行


Buy a flat and become a Hong Kong resident.
The Capital Investment Scheme is also known as the HK$6.5 million Investment Scheme. 
It is for pure monetary investor to invest in Hong Kong, while they can enjoy being a resident here.


萬 is ten thousand. 2900萬 is 29 million in Hong Kong dollars.
The official exchange rate is US$1=HK$7.80.
HK$29 million equals to US$3,728,135.54 or CAN$3,771,600.74.


In these listings, flats are easily around US$2 million.


At the right bottom corner, it is the cheapest flat listed in this picture, 500 square feet asking HK$5.3 million.


There are more real estate companies than bank branches.
On this street in Happy Valley, I count 10 real estate companies on one block. 

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