Expatriation Hong Kong - tax comparison
🇭🇰

Hong Kong

VS
Expatriation Italy - tax comparison
🇮🇹

Italy

Hong Kong vs Italy

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
17%
🇭🇰 Hong Kong
vs
43%
🇮🇹 Italy
Monthly cost (single)
2 000 €
🇭🇰 Hong Kong
vs
1 200 €
🇮🇹 Italy
Safety
8/10
🇭🇰 Hong Kong
vs
5/10
🇮🇹 Italy

Taxation

🇭🇰Hong Kong
🇮🇹Italy
Top income tax bracket17%43%
Corporate tax16.5%24%
Capital gains0%26%
VAT0%22%
Tax treaty with FranceYesYes
Special regimeTaxation territoriale stricteRégime Impatriati (70 % d'exonération)
Wealth taxNoNo
Territorial taxationYesNo
🇭🇰

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.

🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Cost of living

🇭🇰Hong Kong
🇮🇹Italy
Monthly cost (single)2 000 €1 200 €
Monthly cost (couple)3 200 €1 900 €
City center rent2 200 €900 €
Outside city rent1 400 €550 €
Private health insurance180 €0 €
Public healthcareAccessibleAccessible

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

🇭🇰 Hong Kong4 200 €/mo
🇮🇹 Italy2 100 €/mo

Italy is approximately 2 100 € cheaper per month in total.

Quality of life

🇭🇰Hong Kong
🇮🇹Italy
Average temperature23°C15°C
Safety8/105/10
Health index67/10065/100
Internet280 Mbps80 Mbps
Timezone vs Paris+7h+0h
French-speaking communitySmallSmall
LanguagesCantonais, Anglais, MandarinItalien
CurrencyDollar de Hong Kong (HKD)Euro (EUR)
Corruption index75/10056/100
Democracy index5.28/107.69/10

Settling in

🇭🇰Hong Kong
🇮🇹Italy
Residence permit delay2 months6 months
Company creation3 days11 days
Bank accountEasyModerate
Political stability7/107/10
Ease of business3th worldwide58th worldwide

Summary

🇭🇰

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
🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy

Comparative analysis: Hong Kong vs Italy

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 43% in Italie. Corporate tax stands at 16.5% versus 24%. Capital gains are taxed at 0% in Hong Kong versus 26% in Italy.

Which country is cheaper to live in?

The cost of living is lower in Italie. A single person spends about 1 200 EUR/month excluding rent, compared to 2 000 EUR/month in Hong Kong. City center rent averages 900 EUR versus 2 200 EUR.

Which country is safer?

Hong Kong scores higher on safety (8/10 versus 5/10). In terms of healthcare, Hong Kong leads with an index of 67/100 compared to 65/100 for Italie.

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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.