Expatriation Spain - tax comparison
🇪🇸

Spain

VS
Expatriation Hong Kong - tax comparison
🇭🇰

Hong Kong

Spain vs Hong Kong

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
47%
🇪🇸 Spain
vs
17%
🇭🇰 Hong Kong
Monthly cost (single)
1 300 €
🇪🇸 Spain
vs
2 000 €
🇭🇰 Hong Kong
Safety
6/10
🇪🇸 Spain
vs
8/10
🇭🇰 Hong Kong

Taxation

🇪🇸Spain
🇭🇰Hong Kong
Top income tax bracket47%17%
Corporate tax25%16.5%
Capital gains0%0%
VAT21%0%
Tax treaty with FranceYesYes
Special regimeLey BeckhamTaxation territoriale stricte
Wealth taxYesNo
Territorial taxationNoYes
🇪🇸

Ley Beckham

Duration: 6 ans (année d'arrivée + 5 ans)

Régime fiscal spécial pour les travailleurs déplacés en Espagne. Permet d'etre imposé comme non-résident avec un taux forfaitaire de 24 % sur les revenus espagnols jusqu'à 600 000 EUR.

🇭🇰

Taxation territoriale stricte

Duration: Permanente (systeme par défaut)

Hong Kong ne taxe que les revenus de source hongkongaise. Les revenus de source étrangere, dividendes, intérets et plus-values sont totalement exonérés. Il n'y a ni TVA, ni impot sur les plus-values, ni impot sur les successions.

Cost of living

🇪🇸Spain
🇭🇰Hong Kong
Monthly cost (single)1 300 €2 000 €
Monthly cost (couple)2 100 €3 200 €
City center rent1 050 €2 200 €
Outside city rent650 €1 400 €
Private health insurance90 €180 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇪🇸 Spain2 350 €/mo
🇭🇰 Hong Kong4 200 €/mo

Spain is approximately 1 850 € cheaper per month in total.

Quality of life

🇪🇸Spain
🇭🇰Hong Kong
Average temperature18°C23°C
Safety6/108/10
Health index77/10067/100
Internet150 Mbps280 Mbps
Timezone vs Paris+0h+7h
French-speaking communityMediumSmall
LanguagesEspagnol, Catalan, BasqueCantonais, Anglais, Mandarin
CurrencyEuro (EUR)Dollar de Hong Kong (HKD)
Corruption index60/10075/100
Democracy index7.97/105.28/10

Settling in

🇪🇸Spain
🇭🇰Hong Kong
Residence permit delay4 months2 months
Company creation14 days3 days
Bank accountModerateEasy
Political stability7/107/10
Ease of business30th worldwide3th worldwide

Summary

🇪🇸

Spain

  • Top IT: 47% | Corp. tax: 25%
  • Cost of living: 1 300 €/mo
  • Safety: 6/10 | Health: 77/100
  • Regime: Ley Beckham (6 ans (année d'arrivée + 5 ans))
View full profile Spain
🇭🇰

Hong Kong

  • Top IT: 17% | Corp. tax: 16.5%
  • Cost of living: 2 000 €/mo
  • Safety: 8/10 | Health: 67/100
  • Regime: Taxation territoriale stricte (Permanente (systeme par défaut))
View full profile Hong Kong

Comparative analysis: Spain vs Hong Kong

Which country has lower taxes?

In terms of taxation, Hong Kong is generally more advantageous. The top marginal income tax rate is 17% compared to 47% in Espagne. Corporate tax stands at 16.5% versus 25%.

Which country is cheaper to live in?

The cost of living is lower in Espagne. A single person spends about 1 300 EUR/month excluding rent, compared to 2 000 EUR/month in Hong Kong. City center rent averages 1 050 EUR versus 2 200 EUR.

Which country is safer?

Hong Kong scores higher on safety (8/10 versus 6/10). In terms of healthcare, Espagne leads with an index of 77/100 compared to 67/100 for Hong Kong.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.