What are the benefits of Hong Kong ID card?

Benefits of Hong Kong identity:

1. High-quality educational environment and policies

Hong Kong has world-leading educational resources, including the University of Hong Kong, the Chinese University of Hong Kong and Hong Kong Science and Technology The universities are all world-famous. Hong Kong residents enjoy 15 years of free compulsory education. They can enjoy high-quality bilingual education in Chinese and English without investing too much in education costs.

Students with Hong Kong household registration can enter famous mainland universities such as Tsinghua University, Peking University, Fudan University and Jinan University without taking the examination. In addition, using Hong Kong as a springboard to study, it is easier to apply for prestigious European and American schools than in the Mainland.

2. Have both Hong Kong identity and Mainland household registration

As we all know, people who move to Hong Kong can travel freely between the two places. If they do not apply for a return permit, they can keep their Mainland household registration and it will not affect the Mainland. work and life.

3. Hong Kong passport allows free global travel

Hong Kong passport is currently visa-free or visa-on-arrival for more than 170 countries and regions (visa-free countries are increasing every year), including the United Kingdom, Canada, Italy, and France. Developed countries such as Europe and the United States have brought great convenience to travel and work. In addition, if Hong Kong residents with Hong Kong passports want to move to countries such as Canada and New Zealand, the conditions will be relatively relaxed.

4. Complete social security and medical system

Enjoy the same social benefits as local residents, such as pension security, unemployment security, subsidies (CSSA), economic subsidies, etc. wait. Public medical services also provide large subsidies to Hong Kong residents, who can enjoy cutting-edge international medical teams and technologies, as well as medical treatment discounts in public and private hospitals.

5. Free market economy

Hong Kong is an international financial center. Assets owned by Hong Kong residents can be freely remitted in and out, and free currencies can be freely converted without any foreign exchange controls. There is no influence from policies such as purchase restrictions, and you can freely dispose of wealth according to your own ideas.

6. Low tax rate and no interference with the free port system

There is no tax on personal investment income, and no income tax is payable on income earned by residents in securities, real estate, and financial foreign exchange products; globally (other countries) ) Income does not need to be taxed in Hong Kong, there is no inheritance tax, and there is no need to pay tax in Hong Kong for inheritance adoption.