2023-11-23 12:15:09
Overseas Property Market｜Survey: Only half of Hong Kong immigrants to the UK are employed, some are “selectively unemployed”?
The number of Hong Kong people immigrating to the UK under the BNO “5+1” program has exceeded 160,000. A local organization recently released a research survey showing that nearly 60% of Hong Kong people immigrating to the UK are highly educated people, but only half of the employed population, and the employment rate is skewed. Low. Some Hong Kong immigrants to the UK said that they are “selectively unemployed” because they have no family support; some immigration consultants also said that as long as they are determined to find a job and do not mind a mismatch, it usually takes 3 months to find a job, plus immigration 38% of the population buy their own properties with full pay. Under the pressure of zero housing supply, they may not necessarily need to find a full-time job.
Overseas property market｜99% of respondents have higher overall academic qualifications than British people plan to apply for permanent residence
The Welcoming Committee for Hong Kongers (Welcoming Committee for Hong Kongers), which assists Hong Kong immigrants in the UK, interviewed 2,089 Hong Kong people who immigrated to the UK with BNO in mid-June this year. About 60% of the respondents were between the ages of 35 and 54; Education In terms of education, 59% are university degree holders or above, which is much higher than the 34% of British people as a whole who have received university or above education. However, it is worth noting that only half of Hong Kong immigrants aged 25 to 64 are employed or self-employed, of which 35% are full-time, 9% are part-time and 6% are self-employed. In other words, half of the Hong Kong people who immigrated to the UK are unemployed, which is lower than the 76% employment rate in the UK. In addition, 18% of the BNO Hong Kong people surveyed said they were unemployed and looking for a job, and nearly 60% of them lacked confidence in speaking English. , but 99% of the respondents expressed their intention to apply to settle in the UK permanently.
Overseas Property Market｜Survey: Only half of Hong Kong immigrants to the UK are employed, some are “selectively unemployed”?
Overseas Property Market｜If you don’t mind a mismatch, you can usually find a job in 3 months
Billy, head of Goodbye HK, Hello UK’s Hong Kong region, said that the survey report had input from the government and the Ministry of Home Affairs was also involved, so it has high credibility. Regarding the fact that the employment rate of Hong Kong immigrants to the UK is only half, he said that as long as Hong Kong people who are willing to find a job do not mind the mismatch and are determined to work, it usually only takes regarding three months to find a job. Only a few people take more than half a year or more. It took one year to find a job. It is not difficult for Hong Kong people to find a job locally as they imagined. He also pointed out that he knew many Hong Kong people who immigrated to the UK and had the experience of mismatching jobs. This was mainly because Hong Kong’s salaries were generally higher and the tax rate was lower. Even if they came to the UK to engage in their original occupation, they would still need to “demotion and reduce their salary.” , “You must feel aggrieved, but you need to adjust your mentality.” In addition, he also pointed out that regarding half of the families who immigrated to the UK have bought a house, and 38% of them bought it with full pay, so there is no pressure to pay for the house. Therefore, although the reduction in income and the mismatch of job types have made them feel worse psychologically, life in the UK is still relatively easy and comfortable. stable.
Overseas Property Market｜Survey: Only half of Hong Kong immigrants to the UK are employed, some are “selectively unemployed”?
Overseas Property Market｜Practice in law makes life as a housewife easier
Mrs. Chan, a Hong Kong immigrant to the UK, said that she used to engage in legal work in Hong Kong and belonged to the high-paying group. In the past, she “got more jobs and made more money, and the work pressure would make me waste money to relieve stress.” On the contrary, following moving to the UK, her life was simple and she didn’t have too much money now. consumption. Mrs. Chen’s family of three lives in London. She said that she is very satisfied that her children can attend the school of their choice. She was also fortunate to sell a two-storey property in Hong Kong three years ago when the property market was at its peak. After cashing out nearly NT$20 million, she went to the UK to buy a London property with full pay. , there is currently no pressure to pay for housing, plus there are three properties for rent in Manchester City, and some cash is used as time deposits, there is not much pressure and burden on family finances for the time being.
Regarding the report that half of Hong Kong people are unemployed, Mrs. Chan said that she is “selectively unemployed”. This is mainly because there are no “worker sisters” in the UK and she has to do everything by herself, which makes the family’s financial pressure and expenses relatively low. Therefore, she is currently working in Britain has been a housewife for nearly three years, and only occasionally goes out to work part-time for a day or two. As for her husband, who originally worked in accounting, he applied to be transferred from a Hong Kong company to the UK, and his salary was reduced by nearly 40% following tax. Although there is a certain gap, she has accepted the fact that at least the pace of life is easier than in Hong Kong. She said that she is currently preparing for the “Life in the UK Test” and hopes to be able to successfully become a British citizen following “5+1”.
Written by: Wendy Global Real Estate
The original article was published on AM730
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