๐ญ๐ฐ Hong Kong vs ๐ง๐ฒ Bermuda
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ญ๐ฐ Hong Kong | ๐ง๐ฒ Bermuda |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0-17% | 0% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 16.5% | 0% |
| Residency Requirement | Investment or employment | Work permit or property |
| Minimum Stay | 180 days recommended | None |
| Cost of Living | Very High ($4,000-7,000/mo) | Very High ($6,000-10,000/mo) |
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
๐ง๐ฒ Bermuda
Highlights
- โ Zero personal tax
- โ British territory
- โ Strong insurance sector
- โ Close to US East Coast
- โ High quality of life
Considerations
- โ ๏ธExtremely expensive
- โ ๏ธSmall island
- โ ๏ธLimited entertainment
Best For
- ๐คInsurance/reinsurance
- ๐คUltra-high-net-worth
- ๐คUS proximity
Which Should You Choose?
Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.
Choose Bermuda if: You prioritize zero personal tax and british territory. Ideal for insurance/reinsurance, ultra-high-net-worth, us proximity.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.