๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡น๐Ÿ‡จ Turks and Caicos

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong๐Ÿ‡น๐Ÿ‡จ Turks and Caicos
Tax SystemTerritorialZero Tax
Income Tax (Foreign)0-17%0%
Capital Gains Tax0%0%
Corporate Tax16.5%0%
Residency RequirementInvestment or employmentPRC ($300k property)
Minimum Stay180 days recommendedNone
Cost of LivingVery High ($4,000-7,000/mo)High ($4,000-7,000/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‡น๐Ÿ‡จ Turks and Caicos

Highlights

  • โœ…Zero taxes
  • โœ…Beautiful beaches
  • โœ…British territory
  • โœ…Close to USA
  • โœ…Low crime

Considerations

  • โš ๏ธExpensive
  • โš ๏ธSmall population
  • โš ๏ธHurricane risk

Best For

  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คUS-adjacent tax planning
  • ๐Ÿ‘คRetirees

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.