๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
Tax SystemTerritorialFlat Tax
Income Tax (Foreign)0-17%20% flat
Capital Gains Tax0%0%
Corporate Tax16.5%18%
Residency RequirementInvestment or employmentEasy residency
Minimum Stay180 days recommendedNone required
Cost of LivingVery High ($4,000-7,000/mo)Very Low ($800-1,500/mo)

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

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia

Highlights

  • โœ…Zero capital gains tax
  • โœ…Low flat income tax
  • โœ…Easy residency
  • โœ…Very low cost of living
  • โœ…Tech scene growing

Considerations

  • โš ๏ธRegional tensions
  • โš ๏ธNot EU
  • โš ๏ธLimited infrastructure

Best For

  • ๐Ÿ‘คTech startups
  • ๐Ÿ‘คBudget-conscious
  • ๐Ÿ‘คRemote workers

Which Should You Choose?

Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.

Choose Armenia if: You prioritize zero capital gains tax and low flat income tax. Ideal for tech startups, budget-conscious, remote workers.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.