In 2013 I moved my family to Hong Kong to open my digital marketing agency's first international office. This slide deck was used for a presentation at the San Francisco office of InvestHK on Nov 3rd, 2015, to explain why I chose Hong Kong for my business, and why I believe Hong Kong is a compelling first option for other businesses looking to expand to Asia. In the presentation I talked about the startup scene in Hong Kong, ease of doing business, and what it's like to live and work in Hong Kong. You may also be interested in my article in Entrepreneur at http://www.entrepreneur.com/article/252992.

1. @joshsteimle
Why Hong Kong?
Expanding your business to Asia

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Challenges

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NoWalmart

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NoAmazon

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NoCostco

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Education System
$25K/yr forprivateschool

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Summers =Hot&Humid

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Timezones
NYCis12-13hoursdifferent

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DidI mentionthere’sno
Amazon?

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Butit’sall manageable.

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“Thosewho havea'why'
tolive, can bearwith
almostany‘how'.”
—ViktorFrankl

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Why live in HongKong?

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First,why Asiaatall?

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Massivepotential,that’s
why.

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4.3Billion
Asia Population,2013
Source: http://www.worldpopulationstatistics.com/asia-population-2013/

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4.9Billion
Asia Population,2030
Source: http://en.wikipedia.org/wiki/World_population

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525Million
Asia MiddleClass,2013
Source: http://www.ey.com/GL/en/Newsroom/News-releases/News_By-2030-two-
thirds-of-global-middle-class-will-be-in-Asia-Pacific

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3.1Billion
Asia MiddleClass, 2030
Source: http://www.ey.com/GL/en/Newsroom/News-releases/News_By-2030-two-
thirds-of-global-middle-class-will-be-in-Asia-Pacific

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9.4%
Asia-PacificInternetPenetration,2005
Source: http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx

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38.8%
Asia-PacificInternetPenetration,2015
Source: http://www.internetworldstats.com/stats3.htm

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344 Million
Asia-PacificInternetUsers,2005
Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/
Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/
2013/03/state-social-asia-march-2013/

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1.56Billion
Asia-PacificInternetUsers,2015
Source: http://www.internetworldstats.com/stats3.htm

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0
Asia-Pacific MobileInternetUsers,2005
Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/
Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/
2013/03/state-social-asia-march-2013/

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1.02Billion
Asia-Pacific MobileInternetUsers,2015
Source: http://www.emarketer.com/Article/Asia-Pacific-Boasts-More-Than-1-
Billion-Smartphone-Users/1012984

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SoWhy HongKong?

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Location
1/2worldpopulationwithin5 hrflight.

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Shenzhen 1hraway
HongKonguniquelypositioned
forIoT,hardwarestartups.

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Incorporation
Donein 1hour.

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Startup Support
Vibrant,friendlycommunity,
helpfulgovernment(mostofthe
time).

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83.48years
Highestlifeexpectancyworldwide
Source: World Bank, Last updated: May 7, 2014

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Safety
You won’tbemugged,but
becareful jaywalking.

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2ndFastest Internet
AvgMbps:16.8.Internetspeedshave
increased37%overthe lastyear.
Source: Akamai State of the Internet Report, Q4, 2014

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LegaltoKillHusband

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LegaltoKillHusband
If he’scheating,andwife uses bare hands.

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WhatisHongKong?

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266islands

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HongKong SAR
(Special AdministrativeRegion;
One Country,TwoSystems)

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<25%landdeveloped
Lotsofgreen space.

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Pop.7.15million

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StartingaBusinessin
HongKong

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Immigration
Typically2-3monthwait.
Startup visaavailable.

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OfficeSpace
Most startupsusecoworkspaces.

49. GarageSociety

50. Blueprint

51. TheHive

52. Paperclip

53. WYND

54. CoCoon

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Banking
Canbea pain,justlike everywhere else.

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SeedCapital
Plentifulangelinvestors,
accelerators, pitchevents.

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VentureCapital
Improvingallthetime.

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Living in HongKong

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July
Wettestmonth

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Healthcare
Socialized (“free”)butformore
seriousissues you’llprobablymay
wanttopayforaprivatehospital.

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CostofLiving?
Expensive,butmanageable.

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Language
Englishand Cantoneseboth
officiallanguages.

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Transportation
Bestsubwayin theworld,super
cheapandplentifultaxis.

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Outdoorlifestyle
Hiking,trailrunning,swimming,
camping,boating,fishing,etc.

65. @joshsteimle
Questions?
Twitter: @joshsteimle
Blog:joshsteimle.com