Where should I setup a bank account in Stanley?

"Expats considering retirement in Stanley should be aware of several key factors. Firstly, the cost of living in Hong Kong is high, particularly in terms of housing. Stanley, being a popular expat area, can be especially expensive. Healthcare in Hong Kong is of a high standard, but private healthcare can be costly. It's advisable to have comprehensive health insurance. Hong Kong's official languages are Cantonese and English, so it's beneficial to have a basic understanding of Cantonese, although many people speak English. Hong Kong has a subtropical climate, with hot, humid summers and mild, dry winters. Stanley is known for its relaxed, beach town vibe which is a contrast to the bustling city life in other parts of Hong Kong. It has a range of amenities including restaurants, bars, and shops. Public transportation in Hong Kong is efficient and affordable, with a range of options including buses, trams, and the MTR (Mass Transit Railway). Hong Kong has a high population density, which can be overwhelming for some people. The tax system in Hong Kong is relatively simple and low compared to many Western countries. However, it's advisable to seek professional advice on tax implications. Hong Kong is politically part of China, but it maintains a separate legal system. The political situation can be complex and sometimes volatile, so it's important to stay informed. Finally, while Hong Kong has a lot to offer in terms of lifestyle and culture, it's also important to consider factors such as distance from home and family, and the potential for language and cultural barriers," remarked another expat who made the move to Stanley, Hong Kong.