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Why we are taking our startup to Hong Kong and other crazy stories of 2011

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Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#71
post #58

We also recently left the USA because one of our party is a UK citizen. We spent 6 months in the UK as US citizens with no problem, but when we came to the USA, we had to leave after 3 months, or send the UK resident co-founder out of the country at least. This visa thing is kinda absurd. What is the visa situation like in Hong Kong? I've read elsewhere that getting a visa for China is very difficult (this might be a…

In HK you can dive in/out pretty much indefinitely, as long as you don't (and I really mean DON'T) overstay, even by 1 minute. My US friends have been doing it for two years, I'm English and have been doing it for 15 months (but we brits get 6 months at a time) They'll screw you if you overstay. tl;dr: HK != China.

[deleted]

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#72
post #37

I've been in Hong Kong for a year and a half. As a city, it's quite nice. Low taxes, extremely safe, vibrant culture. Pollution is really the biggest downside for me (you get used to the # of people quickly, and I'm from a small city and I hate people so...) However, professionally speaking? Forget about it. It's a horrible place for programmers. In the last couple months I've met with 2 entrepreneurs looking to move…

might I add that if you are a techie/programmer (anything to do with the 'backend'), you are not valued.

If you are an ad guy, artist, creative blah, designer blah, you are still given a smile. A programmer in the opinion of the suit coats(entrepreneurs!!) is a slave guy who executes their ideas. Trust me.

Try going to webwednesday; a meet up on some wednesday of the month.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#73
post #37

I've been in Hong Kong for a year and a half. As a city, it's quite nice. Low taxes, extremely safe, vibrant culture. Pollution is really the biggest downside for me (you get used to the # of people quickly, and I'm from a small city and I hate people so...) However, professionally speaking? Forget about it. It's a horrible place for programmers. In the last couple months I've met with 2 entrepreneurs looking to move…

@latch is right on about the bank coders. I was based in Asia for 12 years hiring web development and design teams. Six of my 12 years were in HK. Finding top talent is very challenging there. I tended to hire young and train, anything else never worked out. HK is not a cheap city to live in. I realize that it can be done cheaply, but that loses its charm quickly. Like, goodbye farmers markets and even semi-affordabl…

There are quite a few software companies in Thailand. I know a guy with 100+ local staff building iOS software. The problem with doing business in Thailand is the foreign ownership laws (you can't own your company or the building it's in) and the amount of bureaucratic red tape. The rising cost of living is also making Thailand less attractive. I've read it's on par with Chicago now. I'm not sure how that's measured but I could certainly live comfortably in Chicago for what I spend in a month here. Import taxes are outrageous. I paid 150% for my car.

I used to run a company in Thailand (not tech) but now I just live here and run a company offshore. I've become pretty negative about the place with all of its idiosyncrasies and don't think I'd set up another company here.

I've currently got my eyes on HK. Friends of friends have established several business hiring locals (though not purely tech companies) there. Everything I've heard is that it's straightforward to get setup there. It's also easy to stay there with the various visa programs they have in place.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#74
post #65

Earlier quoted context omitted.

In HK you can dive in/out pretty much indefinitely, as long as you don't (and I really mean DON'T) overstay, even by 1 minute. My US friends have been doing it for two years, I'm English and have been doing it for 15 months (but we brits get 6 months at a time) They'll screw you if you overstay. tl;dr: HK != China.

I'm curious, what counts as leaving HK? A quick hop on the ferry to Macao or do you have to go further like Taipei or Hanoi?

Most people do the Macau run, yeah. Air Asia flights are dirt cheap to e.g. Bangkok.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#75

I'm part of the incubation program at Cyberport in Hong Kong. You can check it out here: http://www.cyberport.hk/en/about_cyberport/our_5_centres/ent... . I've been back for 5 months and I love it.

I have a friend doing long term AI research in the HK area and he talks it up so positively that I have considered going there for 4 or 5 months to live and work on my own projects. Does the Cyberport rent inexpensive shared office space suitable for one person to have a nice work environment? I work out of a home office in Arizona, and have a great working environment but living for 4 or 5 months in a foreign countr…

We have a few cowork options, and expect some more spaces to open within the next 6 months.

BootHK (http://boot.hk) is my space I opened and is mostly hotdesk space for early startups. HK Commons is a little more for established companies that are still 2-4 people and growing. There are also more traditional serviced office type offerings, but that isn't quite as interactive with the general community.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#76
post #37

I've been in Hong Kong for a year and a half. As a city, it's quite nice. Low taxes, extremely safe, vibrant culture. Pollution is really the biggest downside for me (you get used to the # of people quickly, and I'm from a small city and I hate people so...) However, professionally speaking? Forget about it. It's a horrible place for programmers. In the last couple months I've met with 2 entrepreneurs looking to move…

I emigrated from Hong Kong when I was 9. I wouldn't mind returning to work as many of my relatives live there, but only if you are willing to pay wages on par with what I'd get in Australia...

I looked for programming jobs there and interned for 2 months. They do treat you like a slave and pay only $10,000 HKD a month. (around $300 a week).

I am an enthusiastic (and high scoring) software engineering student in Sydney. So yeah, if anyone wants to hire me to work in HK, see my profile for contact details.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#77
post #76
post #37

I've been in Hong Kong for a year and a half. As a city, it's quite nice. Low taxes, extremely safe, vibrant culture. Pollution is really the biggest downside for me (you get used to the # of people quickly, and I'm from a small city and I hate people so...) However, professionally speaking? Forget about it. It's a horrible place for programmers. In the last couple months I've met with 2 entrepreneurs looking to move…

I emigrated from Hong Kong when I was 9. I wouldn't mind returning to work as many of my relatives live there, but only if you are willing to pay wages on par with what I'd get in Australia... I looked for programming jobs there and interned for 2 months. They do treat you like a slave and pay only $10,000 HKD a month. (around $300 a week). I am an enthusiastic (and high scoring) software engineering student in Sydne…

Well, the banks pay wages which are comparable to what you'll get in SF/NY. You'll get more benefits and more job security. That said, I'm sure your mileage will vary, but it wasn't for me and it won't be for a lot of folks. It was easily the worst job I've had.

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#78
Kind of off topic, but I am thinking about traveling to China (mainland, not HK) over the summer and working on my own business while doing touristy stuff. My business is completely online and based in the US, so I am wondering if I should get a business visa or just a normal tourist visa. I won't be going to business meetings or anything like that in China, but should I get a business visa just to be safe?

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#79
post #37

I've been in Hong Kong for a year and a half. As a city, it's quite nice. Low taxes, extremely safe, vibrant culture. Pollution is really the biggest downside for me (you get used to the # of people quickly, and I'm from a small city and I hate people so...) However, professionally speaking? Forget about it. It's a horrible place for programmers. In the last couple months I've met with 2 entrepreneurs looking to move…

On the inverse side of that equation, does that mean an experienced dev coming from the US will be in a buyer's market job-wise?

Re: Why we are taking our startup to Hong Kong and other crazy stories of 2011

#80

I'm part of the incubation program at Cyberport in Hong Kong. You can check it out here: http://www.cyberport.hk/en/about_cyberport/our_5_centres/ent... . I've been back for 5 months and I love it.

I have a friend doing long term AI research in the HK area and he talks it up so positively that I have considered going there for 4 or 5 months to live and work on my own projects. Does the Cyberport rent inexpensive shared office space suitable for one person to have a nice work environment? I work out of a home office in Arizona, and have a great working environment but living for 4 or 5 months in a foreign countr…

Beside Cyberport there is also a place called Science Park which also provide cheap places for start-up. From my second hand information the rent for a 1,000 sq. ft. office is about $1,100 US dollar (electricity inclusive)

I am from HK and if you want to know more about HK you can contact me.

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