🇭🇰 Hong Kong vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇭🇰 Hong Kong | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Territorial | Territorial (residents) |
| Income Tax (Foreign) | 0-17% | 0-35% |
| Capital Gains Tax | 0% | 6-15% |
| Corporate Tax | 16.5% | 25% |
| Residency Requirement | Investment or employment | SRRV ($50k deposit) |
| Minimum Stay | 180 days recommended | None required |
| Cost of Living | Very High ($4,000-7,000/mo) | Very Low ($1,000-2,000/mo) |
🇭🇰 Hong Kong
Highlights
- ✅Zero capital gains
- ✅Low income tax
- ✅Global finance hub
- ✅Gateway to China
- ✅Common law system
Considerations
- ⚠️Political uncertainty
- ⚠️Expensive property
- ⚠️Crowded
Best For
- 👤China business
- 👤Finance
- 👤Entrepreneurs
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
Which Should You Choose?
Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.
Choose Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.