๐น๐ญ Thailand vs ๐ญ๐ฐ Hong Kong
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐น๐ญ Thailand | ๐ญ๐ฐ Hong Kong |
|---|---|---|
| Tax System | Territorial (changing) | Territorial |
| Income Tax (Foreign) | 0-35% (local income) | 0-17% |
| Capital Gains Tax | 0% (foreign, if not remitted) | 0% |
| Corporate Tax | 20% | 16.5% |
| Residency Requirement | LTR Visa ($80k/year income) | Investment or employment |
| Minimum Stay | 180 days for tax residency | 180 days recommended |
| Cost of Living | Low ($1,200-2,500/mo) | Very High ($4,000-7,000/mo) |
๐น๐ญ Thailand
Highlights
- โ Amazing lifestyle
- โ Low cost of living
- โ Great food and culture
- โ Digital nomad friendly
- โ Good healthcare
Considerations
- โ ๏ธTax rules changing in 2024
- โ ๏ธVisa can be complex
- โ ๏ธLanguage barrier
Best For
- ๐คLifestyle seekers
- ๐คDigital nomads
- ๐คRetirees
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
Which Should You Choose?
Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.
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.