This subdued increase comes on the heels of a year of significant growth the prior year, when the population increased by nearly 13%.
According to the Census and Statistics Department the median individual income of Hong Kong in 2016 was HK$15,500 per month. Nonetheless, despite last year's decline, the average net worth of Hong Kong HNWIs remained at US$4.9 million, considerably higher than the regional average net worth of Asia Pacific HNWIs which stood at US$3.1 million. A net worth of 1 Million USD or 7.8 Million HKD is required to qualify for the HNWI distinction. He has won many awards including 9 TVB Awards. One recently went on the market for $446 million. Calculate your income tax in Hong Kong, salary deductions in Hong Kong and compare salary after tax for income earned in Hong Kong in the 2020 tax year using the Hong Kong salary after tax calculators.
If you make more than HK$30,000, you are in the top 20%. International Monetary Fund's World Economic Outlook database.
1. Credit Suisse Global Wealth Report. ... Net Worth Age Origin of Wealth [RANK] [WORTH] [AGE] [SOURCE] Inside Forbes.
This trend is expected to continue until 2020.1 According to the Private Banker International Report in 2016, there were 200,000 HNWIs in Hong Kong, collectively Hong Kong’s Richest People. GDP Statistics by Country. Bosco Wong Chung-chak with family roots in Chaozhou, Guangdong, is a Hong Kong actor under TVB management and singer under East Asia Music. Latest Global Trade Statistics. Affordability out the window: 209 sq ft flat sells for record HK$7.86 million The average wealth of Hong Kong adults rose 6.7 percent from a year earlier to HK$1.45 million this year, with the median amount standing at HK$268,000, according to Credit Suisse's Global Wealth Report 2016. Other key findings for Hong Kong are: • The average wealth per adult is US$489,260, which is significantly higher than the global average of US$70,850. Select a tax calculator from the list below that matches how you get paid or how your salary package is detailed. Highest Average Net Worth By Country. Hong Kong’s population of high net worth individuals (HNWIs), with net worth between US$1 million and US$30 million, rose by 4.6% in 2014, followed by a further 3.3% increase in 2015.
2015 (6th edition) 2. 14% of local workers earned more than HK$40,000 and top earners with monthly salary of HK$60,000 or more account for 6.8% of the working population.
Richest Research Sources. The number of millionaires in Hong Kong rose 9 per cent this year but average individual wealth of US$244,672 is 14 per cent less than in Singapore On average, each Hong Kong millionaire had 3.2 properties while the mainland millionaire had 3.7.
Hong Kong's Peak neighborhood is exclusive and home to some pretty pricey estates. 3. He is 39 years old and is a Sagittarius. The seventh edition of the World Ultra Wealth Report analyzes the state of the world’s ultra wealthy population, or those with $30m or more in net worth, which s howed muted growth in 2018, rising by 0.8% to 265,490 individuals. There were 3,103 UHNW individuals in Hong Kong with over US$50 million in wealth, compared to 18,132 in China and 168,033 globally. Bosco Wong was born in Hong Kong, China on Saturday, December 13, 1980 (Millennials Generation).
According to the World Wealth Report, there are around 138,000 High Net Worth Individuals (HNWI) in Hong Kong.
Annual Salary After Tax Calculator The average amount is equal to that of Germany, but much less than US$231,000 in Japan and US$277,000 in Singapore.