Discovery Bay, is a popular retirement destination for international retirees. The area offers a unique blend of East and West, with a relaxed lifestyle, stunning natural beauty, and a vibrant expat community. However, retiring in Discovery Bay also presents its own set of challenges, from the high cost of living to the language barrier. This article will delve into the various aspects of retiring in Discovery Bay, providing a comprehensive guide for those considering this unique destination.
Cost of Living
One of the biggest challenges of retiring in Discovery Bay is the high cost of living. Hong Kong is one of the most expensive cities in the world, and Discovery Bay is no exception. Housing, in particular, can be quite costly, with a modest apartment easily costing several million Hong Kong dollars. However, many retirees find that the high cost of living is offset by the high quality of life and the unique experiences that Discovery Bay offers.
Climate
Discovery Bay enjoys a subtropical climate, with hot, humid summers and mild, dry winters. The area is particularly beautiful in the spring and fall, when the weather is warm and sunny. However, the summer months can be quite hot and humid, and the area is prone to typhoons. Despite this, many retirees enjoy the year-round warm weather and the opportunity to enjoy outdoor activities throughout the year.
Healthcare
Discovery Bay is home to several high-quality private hospitals and clinics, offering a wide range of medical services. The area is also within easy reach of Hong Kong’s world-class public healthcare system. However, it’s important to note that while the public healthcare system is highly subsidized for residents, international retirees may not be eligible for the same level of subsidy. As such, many retirees opt for private health insurance to cover their healthcare needs.
Residency Options
There are several options for international retirees looking to settle in Discovery Bay. The most common is the Investment Visa, which requires a substantial investment in a local business. There is also the Capital Investment Entrant Scheme, which requires a minimum investment of HKD 10 million in specified financial assets. However, these options may not be suitable for all retirees, and it’s important to seek professional advice before making a decision.
Parks and Recreational Activities
Discovery Bay is known for its beautiful parks and recreational facilities. The area is home to the Discovery Bay Golf Club, which offers stunning views of the South China Sea, and the Discovery Bay Recreation Club, which offers a wide range of sports and leisure facilities. There are also numerous hiking trails and beaches in the area, providing plenty of opportunities for outdoor activities.
Restaurants
Discovery Bay boasts a wide range of dining options, from local Cantonese cuisine to international fare. Some popular spots include the D’Deck, a waterfront dining area with a variety of restaurants, and the Discovery Bay Plaza, which offers a range of dining and shopping options. For a more local experience, the Sunday Market offers a range of fresh produce and local delicacies.
Learning the Language
While English is widely spoken in Discovery Bay, learning Cantonese can greatly enhance your experience. There are several language schools in the area, such as the Hong Kong Language Learning Centre, which offers Cantonese courses for beginners and advanced learners.
Local Culture
Discovery Bay has a vibrant local culture, with a mix of local and expat residents. The area is known for its friendly and welcoming community, and there are numerous cultural events and festivals throughout the year. The Sunday Market is a popular weekly event, where locals and expats alike gather to shop for fresh produce and local goods.
Meeting People and Volunteering
There are numerous clubs and organizations in Discovery Bay, providing plenty of opportunities to meet people and get involved in the community. The Discovery Bay International Community Church, for example, offers a range of social and volunteer activities. There are also several volunteer opportunities in the area, such as the Discovery Bay Environmental Protection Association, which works to protect and preserve the local environment.
Housing
Most retirees in Discovery Bay live in apartments or townhouses, with a few opting for detached houses. The area is known for its high-rise apartment buildings, many of which offer stunning views of the South China Sea. While the cost of housing can be high, many retirees find that the quality of housing and the amenities offered make it worth the cost.
Transportation
Discovery Bay is a car-free community, with a comprehensive public transportation system. The area is well-served by buses and ferries, and most amenities are within walking distance. This makes it easy to get around without a car, and many retirees enjoy the convenience and environmental benefits of living in a car-free community.
