๐ญ๐ฐ Hong Kong vs ๐น๐จ Turks and Caicos
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ญ๐ฐ Hong Kong | ๐น๐จ Turks and Caicos |
|---|---|---|
| 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 | PRC ($300k property) |
| Minimum Stay | 180 days recommended | None |
| Cost of Living | Very High ($4,000-7,000/mo) | High ($4,000-7,000/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
๐น๐จ Turks and Caicos
Highlights
- โ Zero taxes
- โ Beautiful beaches
- โ British territory
- โ Close to USA
- โ Low crime
Considerations
- โ ๏ธExpensive
- โ ๏ธSmall population
- โ ๏ธHurricane risk
Best For
- ๐คBeach lovers
- ๐คUS-adjacent tax planning
- ๐คRetirees
Which Should You Choose?
Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.
Choose Turks and Caicos if: You prioritize zero taxes and beautiful beaches. Ideal for beach lovers, us-adjacent tax planning, retirees.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.