๐Ÿ‡ฎ๐Ÿ‡น Italy vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฎ๐Ÿ‡น Italy๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
Tax SystemFlat Tax RegimeTerritorial
Income Tax (Foreign)โ‚ฌ100k flat (foreign income)0-17%
Capital Gains Tax0% (foreign)0%
Corporate Tax24%16.5%
Residency RequirementElective Residency VisaInvestment or employment
Minimum Stay183 days180 days recommended
Cost of LivingModerate-High ($2,500-4,000/mo)Very High ($4,000-7,000/mo)

๐Ÿ‡ฎ๐Ÿ‡น Italy

Highlights

  • โœ…โ‚ฌ100k flat tax on foreign income
  • โœ…World-class culture
  • โœ…Amazing food
  • โœ…EU membership
  • โœ…Beautiful country

Considerations

  • โš ๏ธBureaucracy
  • โš ๏ธLanguage barrier
  • โš ๏ธRegime has time limits

Best For

  • ๐Ÿ‘คWealthy individuals
  • ๐Ÿ‘คCulture lovers
  • ๐Ÿ‘คEU access seekers

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

Which Should You Choose?

Choose Italy if: You prioritize โ‚ฌ100k flat tax on foreign income and world-class culture. Ideal for wealthy individuals, culture lovers, eu access seekers.

Choose Hong Kong if: You prioritize zero capital gains and low income tax. Ideal for china business, finance, entrepreneurs.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.