๐Ÿ‡จ๐Ÿ‡พ Cyprus vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡จ๐Ÿ‡พ Cyprus๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
Tax SystemNon-Dom RegimeTerritorial
Income Tax (Foreign)0% on dividends0-17%
Capital Gains Tax0% (most cases)0%
Corporate Tax12.5%16.5%
Residency RequirementCategory F permit (โ‚ฌ50k deposit)Investment or employment
Minimum Stay60 days (special regime)180 days recommended
Cost of LivingModerate ($2,000-3,500/mo)Very High ($4,000-7,000/mo)

๐Ÿ‡จ๐Ÿ‡พ Cyprus

Highlights

  • โœ…EU membership
  • โœ…English widely spoken
  • โœ…60-day rule for tax residency
  • โœ…Non-dom dividend exemption
  • โœ…Good weather

Considerations

  • โš ๏ธDivided island
  • โš ๏ธHot summers
  • โš ๏ธLimited winter activities

Best For

  • ๐Ÿ‘คNon-dom status seekers
  • ๐Ÿ‘คHolding companies
  • ๐Ÿ‘คYacht owners

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong

Highlights

  • โœ…Zero capital gains
  • โœ…Low income tax
  • โœ…Global finance hub
  • โœ…Gateway to China
  • โœ…Common law system

Considerations

  • โš ๏ธPolitical uncertainty
  • โš ๏ธExpensive property
  • โš ๏ธCrowded

Best For

  • ๐Ÿ‘คChina business
  • ๐Ÿ‘คFinance
  • ๐Ÿ‘คEntrepreneurs

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.