๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
Tax SystemNon-Dom RegimeTerritorial
Income Tax (Foreign)20-45%0-17%
Capital Gains Tax0% (non-dom, unremitted)0%
Corporate Tax25%16.5%
Residency RequirementVarious visas availableInvestment or employment
Minimum StayTax residency tests180 days recommended
Cost of LivingHigh ($3,500-6,000/mo)Very High ($4,000-7,000/mo)

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Highlights

  • โœ…Non-dom status available
  • โœ…Global financial hub
  • โœ…English speaking
  • โœ…Common law
  • โœ…Strong legal system

Considerations

  • โš ๏ธNon-dom being reformed
  • โš ๏ธHigh cost of living
  • โš ๏ธWeather

Best For

  • ๐Ÿ‘คFinance professionals
  • ๐Ÿ‘คNon-dom planning
  • ๐Ÿ‘คGlobal business

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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.

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.