Hong Kong
🇭🇰

Hong Kong

Asia's world city with ultra-low flat taxes

Tax Score: 9.2/10
⭐ Featured Destination

Income Tax

2–17% (salaries tax, progressive)

Corporate Tax

16.5% (8.25% for first HKD 2M)

Capital Gains

0% (no capital gains tax; trading income may be taxable)

Tax Benefits

Zero Capital Gains Tax

Hong Kong levies no capital gains tax on profits from property, stocks, or other assets — a major draw for investors.

Territorial Tax System

Only income sourced in Hong Kong is taxable. Foreign-sourced income is generally exempt, benefiting international business owners.

Low Flat Salary Tax

Personal income tax is capped at a maximum effective rate of 17%, among the lowest in developed economies.

No VAT or GST

Hong Kong has no value-added tax or goods and services tax, significantly reducing the cost of doing business and living.

Residency & Visa Programs

Top Talent Pass Scheme (TTPS)

Designed to attract global high-income earners and graduates from top universities. Holders can work and live freely in Hong Kong.

Requirements

Annual salary of HKD 2.5M+ or top 100 university graduate

Processing

4–8 weeks

Min. Investment

None

Investment as Immigrants Scheme

Investment-based residency options are available for high-net-worth individuals, subject to current government programs and requirements.

Requirements

HKD 30M+ net assets

Processing

6–12 months

Min. Investment

HKD 30M+

Real Estate Market

Hong Kong has one of the world's most expensive real estate markets, driven by limited land supply and high demand. Prices have corrected from peaks but remain elevated.

  • Average price in Central/Peak: HKD 20,000–40,000/ft²
  • New Territories: HKD 8,000–15,000/ft²
  • Rental yields: 2–3.5% gross

Cost of Living

Rent 1BR (city centre)

HKD 15,000–25,000/mo

Groceries (monthly)

HKD 2,000–3,500

Dining out

HKD 80–300/meal

Healthcare

Excellent public + private

MTR Monthly Pass

~HKD 500/mo

Hong Kong is one of the world's most expensive cities. Accommodation and dining out represent the biggest costs, though public transport is exceptionally efficient and affordable.

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Data last reviewed: January 2024