Re: Leaving UK to avoid a Corbyn government!?
Posted: December 30th, 2019, 8:55 am
Dod101 wrote:TahiPanasDua wrote:I've finally gone and done it. I just sold the remaining utilities less my 2 dogs SSE and CNA which are no longer worth the effort.
I sold half my utes a year ago to help with buying a new house.
On past performance, I won't regret it if Corby fails to get elected or fails to nationalise anything. The cash will go towards MYI or similar as I will eventually convert all shares to ITs and ETFs for my wife's sake. I am in the process of opening an account with OCBC in Singapore.
At 74, I am now unlikely to bolt back to Hong Kong, where I have permanent residence, or Malaysia which I love. Any Corby taxes avoided in Hong Kong would be more than swallowed by the massive cost of living.
Unless, of course, we take a course turn for Hades in a Handcart, unlikely as that now seems.
As you will know it is not the cost of living in HK, but the cost quite specifically of housing. As far as I know HK now withdraws the right to land or whatever they now call it after five years absence. I still have my old ID card going back many years. I would not mind living in Penang though.
Dod
Hi Dod,
how's this for a LMF record late response?
I just recently remembered the expatistan.com website which compares the cost of living of a big selection of home and overseas locations based on "all" costs. It pretty much corroborates my earlier stated calculation that where I live now in the Scottish boondocks is about 40% cheaper than Hong Kong.
The site confirms that London and Hong Kong costs are "about the same" whereas , for example, the following are cheaper by: Reading 29%, Manchester 30%, Perth (!) 32%, Edinburgh 29%, Dundee 40%, Lisbon 47% and Madrid 41%.
TP2.