Two meanings: 1. I like being here. Ex: I like it in China. I like it here. 2. I like the furniture over here. Ex: I like that mirror here (on the wall)

I like it here= I like being here

Thanks for you all.

Hi Nikki it somehow depends on the context. The word "here" indicates a sort of location, place, position....so when you say "I like it here" you mean that the place you are in or at is to your liking.