financial management

3 Tips to Protect Your Migrant Domestic Worker From Online/Love Scams

By PathFinders Love scams are on the rise in Hong Kong (HK). The most recent police figures show a 92% increase - 822 cases in the first six months of 2021, up from 429 in the same period last year. While no one is immune to online/love scams, Migrant Domestic Workers (MDW) are particularly vulnerable. The nature of their employment - long working hours and living-in with their employers - make them ...

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HelperChoice Bank Accounts Guide for Domestic Helpers

What Do You Need to Know About Domestic Helper Loan Sharks?

You may have heard of employers being harassed by loan sharks because their domestic helpers used the residence address for taking out loans and are not able to repay the debts. But why are many domestic helpers in debt and how can you prevent your helper from getting into debts? Why do domestic helpers borrow money? Because of recruitment debts charged by unethical employment agencies Legally, placement fees employment agencies in Hong Kong ...

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HelperChoice Bank Accounts Guide for Domestic Helpers

Opening a Bank Account in Hong Kong For Your Domestic Helper: The Ultimate Guide

Maybe you just employed a new domestic helper or maybe you have been employing her for a few years. In any case, you might wonder how to pay the domestic helper's salary every month, should you give her cash directly or make a bank transfer? What are the advantages of opening a bank account for your domestic helper? In Hong Kong, many domestic helpers do not have have a bank account to ...

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