๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
Tax SystemTerritorial (changing)Territorial
Income Tax (Foreign)0-35% (local income)0-17%
Capital Gains Tax0% (foreign, if not remitted)0%
Corporate Tax20%16.5%
Residency RequirementLTR Visa ($80k/year income)Investment or employment
Minimum Stay180 days for tax residency180 days recommended
Cost of LivingLow ($1,200-2,500/mo)Very High ($4,000-7,000/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

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 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.