living and working in asia
DESCRIPTION
Powered by http://cassi.morganmckinley.ie. Are you a qualified accountant and are interested in an international career move in Hong Kong, Singapore, Shanghai or Tokyo? We give you useful pieces of advice and information tailored to accountants who want to move abroad to Asia. On this presentation, you will learn: # Key facts about Asia and the cities of Tokyo, Hong Kong, Shanghai and Singapore # Why choose Asia for your next career move as an accountantTRANSCRIPT
Working in Asia
Snapshot of Asia
• Language barriers | Domestic v’s MNC environments | Cultural barriers very challenging
• Industry – bilingual | Financial services – English
• Regional HQ for MNC, often have expatriate Hof/CFO
• City hubs for finance | Non city difficult to access
• Typically need employment offer before visa is extended
• Typical access through Irish Plc’s, MNC’s and FS locally
• Higher recognition of US CPA, US GAAP reporting experience
• Longer working hours | Longer commute
Why Asia ?
• Emerging market | Growth
• High energy and ambition
• Demand for skills and experience
• Cultural exchange | Personal learning
• Lack of network
• Build expatriate contacts
• Stand out and be different when you return home
Hong Kong
• Population: 7.07M• Local time: GMT +8 hrs• Climate: Subtropical• Language: English & Cantonese
• Expatriate region, densely populated &
congested with modern infrastructure• High cost of living (accommodation primarily)• Visa required (more flexible) one year,
HK identity Card• “The London of Asia”
Singapore
• Population: 5.08M• Local time: GMT +8 hrs• Language: English speaking• Climate: Hot & humid
• Safe, modern, less congested• Excellent base for travel in spare time• Visa required (Employment Pass) – two years• Employment secured VIP• Strong financial services centre
Shanghai
• Population: 23M
• Local time: GMT +8 hrs
• Climate: Subtropical
• Language: Mandarin
•Mix of East & West, very densely populated,
fast paced & exciting
• Expensive rent, less expensive food
& utilities
• Visa required (less flexible)
employment secured VIP
• Strong domestic companies
• Group HQ for MNC
Tokyo
•Population: 30M• Local time: GMT +9 hrs• Climate: Seasons• Language: Japanese (little English)
• Top three most expensive cities for expatriates• Visa required (very laborious),
employment secured VIP• Strong domestic companies | Group HQ for MNC |
fashion brands and automotive companies
| large financial services base
Morgan McKinley Offices
Singapore30 Cecil Street,#18-05 Prudential Tower,Singapore 049712Tel: 0065 (0)6557 4655E: [email protected]
JapanLevel 17, Holland Hills,Mori Tower,5-11-2 Toranomon,Minato-kuTel: 00813 (0)5403 7073E: [email protected]
ChinaSuite 15-012,15F, Hang Seng Bank Tower,1000 Lujiazui Ring Road,Pudong New Area,Shanghai 200120Tel: +86 21 5108 1200E: [email protected]
Hong KongSuite 3407, Lippo Centre,Tower II, 89 Queensway,Admiralty, Hong Kong
Tel: 00852 (0)3907 3907E: [email protected]