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Archive for February, 2010

Tourist Attractions of Hong Kong

Wednesday, February 24th, 2010

Hong Kong’s diversity is a result of its rich and storied past of occupation and Eastern influence. With the prevalence of English being spoken, visitors can learn about Chinese culture and encounter a charming mixture of Western and Eastern cultures. Hong Kong is a wonderful travel destination. There are so many places to visit in Hong Kong and unfortunately most tourists only spend a couple of nights in this wonderful city. We have listed for you the most popular tourist attractions and if possible you should try to visit all of them during your stay in this former British colony.

Disneyland

No visit to Hong Kong can possibly be complete without a visit to the local Disneyland. If you are visiting with your children then they will never forgive you if you don’t take them to this amazing tourist attraction. Disneyland is located on Lantau Island and there are a number of outstanding hotels and resorts located nearby to this popular tourist attraction.

Ocean Park

Ocean Park has been one of the most popular Hong Kong tourist attractions for some time now. This excellent theme park is popular with both local residents as well as tourists. There are all sorts of attractions and activities at the Ocean Park including a shark aquarium and various rides and roller coasters. If you are interested in visit the Ocean Park during your visit to this Asian city then please note that Ocean Park is located on the south section of Hong Kong Island. Opening hours are Tuesday through Sunday from 10:00 until 18:00.

Victoria Peak

One of the most beautiful places in Hong Kong is Victoria Peak. It is located at a height of just over 550 meters and many tourists visit Victoria Peak so as to enjoy the city from above. Be sure to take your camera when visiting this popular tourist destination. If you are interested in visiting the Victoria Peak then please note that you should take the Peak tram which will take you all the way to the top and takes only eight minutes.

Wong Tai Sin Temple

Hong Kong is home to some rather stunning temples and one of the most popular of these temples is the Wong Tai Sin Temple. This popular Hong Kong tourist attraction is especially very popular with Chinese people visiting from abroad. The Wong Tai Sin Temple is a Taoist temple and was build in 1921.

Hong Kong Real Estate Investment

Wednesday, February 24th, 2010

Real estate in Hong Kong is regarded as one of the costliest as well as the lucrative in the world. In other words, buildings and land in Hong Kong form a significant portion of the nation’s wealth and economy. Further, due to its attractive tax system, many international business firms and corporations find their way to Hong Kong for the establishment of their innovative projects. This in turn has led to great demand for high grade industrial and residential real estate in the city.

Nowadays, great choices as well as potential are made available for those who are interested in real estate investment in Hong Kong. Additionally, real estate in Hong Kong provides great benefits to investors. The main advantage is that investing in a property in the city allows you to have access to world’s one of the established markets.

Another worth mentioning benefit of investing in a real estate here is that not any kind of restrictions have been imposed on international investors to buy a property or asset. Further, buying a real estate in Hong Kong is considered one of the best options for long term investment, as it can undoubtedly fetch you huge profits.

Above all, the laws and procedures involved in the process of real estate buying are liberal as well as simple. Once you have found an appropriate property, an Agreement of Sale and Purchase would be signed between the property owner and investor, and this completes the sale procedure.

Hong Kong’s property buying processes are administered by the Conveyancing and Ordinance, which is modeled in the form of English Law. In other words, the real estate law of this Special Administrative Region is quite similar to the one found in the UK, which in turn has attracted many American and British real estate investors.

A real estate or property in Hong Kong can be either solely owned by one person or through jointly by several investors. However, joint investment may be usually in the form of tenant or a joint tenancy. Further, a property can also be owned through a company structure. But, in case, if a company would like to conduct its business through the purchase of a property on lease, then it should be registered with the Hong Kong Companies Registry.

Nowadays, a large number of real estate firms and realtors are now there in order to help you find and buy your dream property in Hong Kong, no matter it is single detached home, villa, apartment, office, or industrial space. Many of them render the services of professional lawyers to help you in effectively carrying out buying procedures, such as agreement process, listing on the Hong Kong Land Registry or Hong Kong Companies Registry, tax matters, and negotiation of purchase.