Although technically a Special Administrative Region of China, Macau has a high degree of autonomy and is mostly self-governed. The region, formally a colony of Portugal, was handed over to China in 1999. Since then it has seen an increase in local tourism from mainland Chinese due to its numerous casinos. Today Macau is known as a tourist destination in Asia for anyone interested in gambling. Tourism is so profitable in Macau, that it accounts for 50% of its GDP and 70% of the government’s revenue.
Healthcare in Macau
Hospitals in Macau are highly-developed with fully trained doctors and nurses on site. With several hospitals spread throughout the islands, health care qualities are more or less on par with Western standards. However, if you need to be transferred for any reason, Hong Kong is only accessible via a 10-minute helicopter flight.
Insurance for Expatriates in Macau
Most expatriates will want to obtain international medical coverage if residing in Macau. Medical evacuation is recommended along with a plan that provided global medical treatment. A plan that will provide reimbursement for medical expenses via a large network of hospitals is recommended. Many expats should also obtain global life and disability insurance coverage. We may be able to offer global medical coverage to local nationals in Macau – contact us for more details.
Here is a list of different types of insurance coverage you will want if you are planning to become an expatriate in Macau:
- International Health Insurance
- Expat Life and Disability Insurance
- Travel Insurance
- Evacuation Coverage
- Group Expat Insurance Plans
If you require a quote for insurance coverage for expats in Macau, contact Expat Financial today for a quote and to discuss your Macau expatriate insurance requirements.