๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Tax SystemTerritorialZero Tax
Income Tax (Foreign)0-17%0%
Capital Gains Tax0%0%
Corporate Tax16.5%0%
Residency RequirementInvestment or employmentWork permit or property
Minimum Stay180 days recommendedNone
Cost of LivingVery High ($4,000-7,000/mo)Very High ($6,000-10,000/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‡ง๐Ÿ‡ฒ Bermuda

Highlights

  • โœ…Zero personal tax
  • โœ…British territory
  • โœ…Strong insurance sector
  • โœ…Close to US East Coast
  • โœ…High quality of life

Considerations

  • โš ๏ธExtremely expensive
  • โš ๏ธSmall island
  • โš ๏ธLimited entertainment

Best For

  • ๐Ÿ‘คInsurance/reinsurance
  • ๐Ÿ‘คUltra-high-net-worth
  • ๐Ÿ‘คUS 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.