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Hong Kong millionaires weigh Greater Bay Area dual living and retirement costs
An OCBC Hong Kong survey says average retirement liquid assets needed exceed HK$10 million, rising to about HK$11.2 million for those planning for dual living across Hong Kong and the mainland GBA.
Hong Kong millionaire respondents are increasingly factoring mainland Greater Bay Area cities into later-life plans, but many say they have not fully calculated the financial requirements of maintaining a lifestyle across both locations, according to an OCBC Hong Kong survey cited by SCMP Economy.
The study, conducted in April 2026 and covering 1,375 Hong Kong residents aged 35 to 65 with at least HK$1 million in liquid assets, found about 30.0% of respondents considering relocation to the mainland GBA or already living across Hong Kong and the GBA, and not yet retired, still reported gaps in dual-living and retirement planning.
Respondents estimated they would need more than HK$10 million in liquid assets for retirement on average, with the expected requirement rising to about HK$11.2 million among those not yet retired and either living across two locations or considering relocation. They also forecast expected monthly expenditure around HK$48,700.
The survey found that 54.0% of respondents traveled to the GBA at least once a month, and one in three said they were considering moving to a mainland GBA city, while one in five already lived across Hong Kong and the GBA. For those planning relocation, Shenzhen was the top destination, chosen by 32.0%, followed by Zhongshan at 23.0%, Guangzhou at 19.0%, and Zhuhai at 19.0%, with healthcare cited as the strongest driver, at 50.0% among relocation-open respondents.