{"id":122154,"date":"2021-09-22T12:00:21","date_gmt":"2021-09-22T05:00:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-bno-emigrants-are-more-likely-to-rent-in-the-uk-than-buy-even-as-a-stamp-duty-holiday-ends-and-home-prices-plunge\/"},"modified":"2021-09-22T13:08:50","modified_gmt":"2021-09-22T06:08:50","slug":"hong-kongs-bno-emigrants-are-more-likely-to-rent-in-the-uk-than-buy-even-as-a-stamp-duty-holiday-ends-and-home-prices-plunge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-bno-emigrants-are-more-likely-to-rent-in-the-uk-than-buy-even-as-a-stamp-duty-holiday-ends-and-home-prices-plunge\/","title":{"rendered":"Hong Kong\u2019s BN(O) emigrants are more likely to rent in the UK than buy, even as a stamp duty holiday ends and home prices plunge"},"content":{"rendered":"


\nHong Kong immigrants under the British National (Overseas) scheme are more likely to rent when they first set foot in the United Kingdom than rushing into buying residential property, brokers said.They are also unlikely to rush into purchase commitments ahead of the end of a stamp duty holiday in October, or be persuaded by the biggest plunge in average home prices in nearly 30 years in July, agents said.\u201cMost Hongkongers [emigrating] to the UK are doing so on a long-term basis and the option\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s BN(O) emigrants are more likely to rent in the UK than buy, even as a stamp duty holiday ends and home prices plunge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong immigrants under the British National (Overseas) scheme are more likely to rent when...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122154","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vMe","jetpack-related-posts":[{"id":120970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-heading-to-uk-under-bno-visa-scheme-undeterred-by-end-of-stamp-duty-holiday-surging-home-prices\/","url_meta":{"origin":122154,"position":0},"title":"Hongkongers heading to UK under BN(O) visa scheme undeterred by end of stamp duty holiday, surging home prices","date":"July 21, 2021","format":false,"excerpt":"\r The end of a stamp duty holiday and surging home prices are unlikely to deter Hongkongers from continuing to buy properties in the UK as they move there under the British National (Overseas) scheme, according to analysts.Since the beginning of this month, London has imposed a minimum 5 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-sales-plunge-in-july-after-stamp-duty-holiday-ends\/","url_meta":{"origin":122154,"position":1},"title":"UK house sales plunge in July after stamp duty holiday ends","date":"August 24, 2021","format":false,"excerpt":"\r Tax data show that completed residential purchases were 63% lower than in June\r \r Source : ft.com\r Read more...UK house sales plunge in July after stamp duty holiday ends","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bno-emigrants-freedom-and-better-work-life-balance-see-hong-kong-family-relocate-buy-property-in-the-uk\/","url_meta":{"origin":122154,"position":2},"title":"BN(O) emigrants: freedom and better work-life balance see Hong Kong family relocate, buy property in the UK","date":"October 26, 2021","format":false,"excerpt":"\r For Elise Kong and Ming Wong, the freedom offered under the British National (Overseas) visa scheme was the clincher that made them decide to sell their home in Hong Kong and relocate to the UK.Kong, 40, a paediatrician, and Wong, 43, a businessman, bought a four-bedroom detached home in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-stamp-duty-leaves-a-gaping-loophole\/","url_meta":{"origin":122154,"position":3},"title":"Hong Kong\u2019s property stamp duty leaves a gaping loophole","date":"November 7, 2016","format":false,"excerpt":"\r Hong Kong\u2019s government, which more than doubled a stamp duty over the weekend to tame runaway real estate prices, has left a gaping loophole in the tax regime, allowing first-time buyers of multiple properties to get away with not paying the levy. The tax ordinance collects stamp duty based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duty-is-beating-the-wrong-heads-and-does-nothing-to-lower-property-prices\/","url_meta":{"origin":122154,"position":4},"title":"Hong Kong\u2019s stamp duty is beating the wrong heads and does nothing to lower property prices","date":"July 12, 2017","format":false,"excerpt":"\r Investments at home and from abroad for residential properties in Hong Kong showed no sign of slowing as the government\u2019s revenue from extra stamp duty aimed to cool the market rose to a seven-month high of HK$3 billion last month ... -- SCMP Business, July 12 Let\u2019s get rid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-stamp-duty-holiday-likely-to-entice-more-hong-kong-home-buyers-fleeing-security-law\/","url_meta":{"origin":122154,"position":5},"title":"UK\u2019s stamp duty holiday likely to entice more Hong Kong home buyers fleeing security law","date":"July 14, 2020","format":false,"excerpt":"\r London\u2019s announcement of a stamp duty holiday until March next year is likely to entice more Hongkongers to buy homes in the UK after the British government confirmed it will allow more than 3 million residents of its former colony to seek permanent residency.\r\rThe anticipated influx has even led\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122154"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122154"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122154\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}