🇲🇨 Monaco vs 🇭🇰 Hong Kong
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇭🇰 Hong Kong |
|---|---|---|
| Tax System | Zero Tax | Territorial |
| Income Tax (Foreign) | 0% | 0-17% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 25% (non-Monaco revenue) | 16.5% |
| Residency Requirement | €500k+ deposit | Investment or employment |
| Minimum Stay | None | 180 days recommended |
| Cost of Living | Very High ($8,000+/mo) | Very High ($4,000-7,000/mo) |
🇲🇨 Monaco
Highlights
- ✅Zero personal income tax
- ✅Ultra-safe
- ✅Mediterranean climate
- ✅Prestigious address
- ✅EU border access
Considerations
- ⚠️Extremely expensive
- ⚠️Tiny country
- ⚠️Hard to get residency
Best For
- 👤Ultra-high-net-worth
- 👤F1 enthusiasts
- 👤Yacht owners
🇭🇰 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
Which Should You Choose?
Choose Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, yacht owners.
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.