๐ญ๐ฐ Hong Kong vs ๐ฐ๐พ Cayman Islands
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ญ๐ฐ Hong Kong | ๐ฐ๐พ Cayman Islands |
|---|---|---|
| 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 | $145k/year income |
| Minimum Stay | 180 days recommended | None |
| Cost of Living | Very High ($4,000-7,000/mo) | Very High ($5,000-8,000/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
๐ฐ๐พ Cayman Islands
Highlights
- โ Zero taxes
- โ Major financial center
- โ British legal system
- โ Beautiful beaches
- โ Safe and stable
Considerations
- โ ๏ธVery expensive
- โ ๏ธSmall islands
- โ ๏ธHurricane risk
Best For
- ๐คHigh-net-worth
- ๐คFinance professionals
- ๐คFund managers
Which Should You Choose?
Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.
Choose Cayman Islands if: You prioritize zero taxes and major financial center. Ideal for high-net-worth, finance professionals, fund managers.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.