‘Huge influx’: expat retirees projected to drive Hong Kong’s premium home demand
GlobeAlert Desk · curated from South China Morning Post
Hong Kong is tipped to see more luxury home sales with expatriates increasingly choosing the city as their retirement base, drawn to its low-tax environment as well as business opportunities, according to analysts. “A huge influx of expats who used to live in Hong Kong are moving back with a long-term view to retirement,” said Victoria Allan, founder and CEO of Habitat Property. “Many expats who previously would have left to retire are staying and purchasing [property] for the first...
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