When it comes to relocating as an expatriate, finding the right city can be a daunting process. Among the top contenders in Asia, Singapore and Hong Kong have long been popular choices for expats. Both cities are known for their dynamic economies, diverse populations, and vibrant cultures. In this article, we will compare Singapore and Hong Kong in various aspects to determine which city is a better choice for expats to relocate.
Quality of Life
Often referred to as the "Garden City", Singapore is known for its clean streets and green spaces. The country has a high-quality public transportation system and has been ranked as having the best infrastructure in the world. The healthcare system in Singapore is also highly regarded, ranking 6th in the world according to the World Health Organization. On the other hand, Hong Kong is an exciting city with a vibrant nightlife and dining scene. However, the city is known for its high population density and limited living spaces. Air pollution is also a significant concern, as the city consistently struggles with poor air quality. Hence, it is safe to say that Singapore offers a better quality of life in terms of cleanliness, public transportation, and healthcare.
Cost of Living
Singapore has a high cost of living, with the city ranking as the most expensive city in the world for expats in 2021. Housing, in particular, can be pricey, with rent for a one-bedroom apartment in the city centre averaging around SGD 2,500 per month. Meanwhile, Hong Kong has a similarly high cost of living, with housing costs ranking among the highest globally. A one-bedroom apartment in the city centre can cost around HKD 16,500 per month. However, groceries and transportation tend to be less expensive in Hong Kong when compared to Singapore.
Ease of Doing Business
Singapore consistently ranks as one of the best places to do business in the world. In the World Bank's 2020 Ease of Doing Business Report, Singapore ranked 2nd overall. The city offers a business-friendly environment with low corporate taxes and efficient government services. Hong Kong also ranks highly in the Ease of Doing Business Report, coming in at 3rd place in 2020. The city is known for its simple tax system, minimal bureaucracy, and robust legal system. Both cities offer a favourable environment for business, with Singapore holding a slight edge in the rankings.
Safety
Singapore is one of the safest cities in the world, with a low crime rate and high levels of personal safety. The city has been ranked as the 2nd safest city globally in the 2021 Safe Cities Index. Hong Kong is also considered safe, with low crime rates and a strong police presence. However, the city has experienced political unrest in recent years, which has led to protests and occasional violence. Singapore is generally considered to be a safer city for expats, given its low crime rates and political stability.
Education
On one hand, Singapore is known for its excellent education system, ranking 1st in the 2021 Global School Ranking. The city offers a wide range of international schools for expat families, with English being the primary language of instruction. Hong Kong also has a good education system, ranking 9th in the 2021 Global School Ranking. The city has a variety of international schools and a large English-speaking community.
Conclusion
In conclusion, both Singapore and Hong Kong offer unique benefits for expats looking to relocate. Singapore edges out Hong Kong in terms of quality of life, safety, and education, while Hong Kong may be slightly more affordable in terms of living costs. Ultimately, the choice between the two cities will depend on each individual's priorities and personal preferences.