๐จ๐พ Cyprus vs ๐ญ๐ฐ Hong Kong
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐จ๐พ Cyprus | ๐ญ๐ฐ Hong Kong |
|---|---|---|
| Tax System | Non-Dom Regime | Territorial |
| Income Tax (Foreign) | 0% on dividends | 0-17% |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 16.5% |
| Residency Requirement | Category F permit (โฌ50k deposit) | Investment or employment |
| Minimum Stay | 60 days (special regime) | 180 days recommended |
| Cost of Living | Moderate ($2,000-3,500/mo) | Very High ($4,000-7,000/mo) |
๐จ๐พ Cyprus
Highlights
- โ EU membership
- โ English widely spoken
- โ 60-day rule for tax residency
- โ Non-dom dividend exemption
- โ Good weather
Considerations
- โ ๏ธDivided island
- โ ๏ธHot summers
- โ ๏ธLimited winter activities
Best For
- ๐คNon-dom status seekers
- ๐คHolding companies
- ๐คYacht owners
๐ญ๐ฐ Hong Kong
Highlights
- โ Zero capital gains
- โ Low income tax
- โ Global finance hub
- โ Gateway to China
- โ Common law system
Considerations
- โ ๏ธPolitical uncertainty
- โ ๏ธExpensive property
- โ ๏ธCrowded
Best For
- ๐คChina business
- ๐คFinance
- ๐คEntrepreneurs
Which Should You Choose?
Choose Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.