I plan on moving abroad but can’t decide whether Hong Kong or Sydney/Melbourne is better. I want to move into/dig deeper on financial sectors. I still see Hong Kong in the top 3 of world financial hub. However, Sydney or Melbourne offer a better work-life balance. Which one should I choose?

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If its long term, I’d highly consider political stability/direction, weather and cultural fit. I lived in US, UK and Germany so far and even there I totally underestimated those differences. Also WLB, work ethics play a big role. If you worked with western teams so far you’d be surprised how authority plays a big role in asian countries for example. Also use numbeo to really check cost of living to compare if the higher salary is actually worth something. I‘d rather check where you feel better instead of going for financial hub ratings. Cause its better for your career to go for #5 than #1 if the living standard lets you perform better. Have You been in those countries before?

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From a strictly business standpoint, I'd lean toward Hong Kong, but if you're looking for a balance of work experience and an actual personal life, I'd head to Australia. Might take you a bit longer to reach your goals, but it'll be worth it in the long run.

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Probably depends on your weighting of WLB/lifestyle vs career advancement. If you’re after beaches, good weather etc - would lean towards Sydney. Melbourne less so for beaches but great nightlife, ‘trendy-ness’ and coffee culture. Both wouldn’t be bad for career advancement by any means.

Yeah, Sydney beaches and its harbour are magnificent.

Hong Kong is worse WLB but better financially due to lower income tax and lack of sales tax and capital gains tax.

Ordinarily I’d say go for HK as it’s a nice varied life ideal to accumulate some money while travelling around Asia, but the HK covid restrictions for inbound travellers are still super strict, so it’s more complicated.

If you’re still young I’d say HK (or even Singapore) then later make a move to Aus if you’re going to want to settle down with a family. HK has nice beaches and hiking areas so plenty to explore in the mean time.

It’s really low at SA level in all HK Big 4; 15-22k HKD pm depending on level

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