Expatriation Hong Kong - tax comparison
πŸ‡­πŸ‡°

Hong Kong

VS
Expatriation Mexico - tax comparison
πŸ‡²πŸ‡½

Mexico

Hong Kong vs Mexico

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
17%
πŸ‡­πŸ‡° Hong Kong
vs
35%
πŸ‡²πŸ‡½ Mexico
Monthly cost (single)
2β€―000 €
πŸ‡­πŸ‡° Hong Kong
vs
700 €
πŸ‡²πŸ‡½ Mexico
Safety
8/10
πŸ‡­πŸ‡° Hong Kong
vs
5/10
πŸ‡²πŸ‡½ Mexico

Taxation

πŸ‡­πŸ‡°Hong Kong
πŸ‡²πŸ‡½Mexico
Top income tax bracket17%35%
Corporate tax16.5%30%
Capital gains0%10%
VAT0%16%
Tax treaty with FranceYesYes
Special regimeTaxation territoriale stricteNone
Wealth taxNoNo
Territorial taxationYesNo
πŸ‡­πŸ‡°

Taxation territoriale stricte

Duration: Permanente (systeme par dΓ©faut)

Hong Kong ne taxe que les revenus de source hongkongaise. Les revenus de source Γ©trangere, dividendes, intΓ©rets et plus-values sont totalement exonΓ©rΓ©s. Il n'y a ni TVA, ni impot sur les plus-values, ni impot sur les successions.

Cost of living

πŸ‡­πŸ‡°Hong Kong
πŸ‡²πŸ‡½Mexico
Monthly cost (single)2β€―000 €700 €
Monthly cost (couple)3β€―200 €1β€―100 €
City center rent2β€―200 €550 €
Outside city rent1β€―400 €350 €
Private health insurance180 €60 €
Public healthcareAccessibleAccessible

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

πŸ‡­πŸ‡° Hong Kong4β€―200 €/mo
πŸ‡²πŸ‡½ Mexico1β€―250 €/mo

Mexico is approximately 2β€―950 € cheaper per month in total.

Quality of life

πŸ‡­πŸ‡°Hong Kong
πŸ‡²πŸ‡½Mexico
Average temperature23Β°C22Β°C
Safety8/105/10
Health index67/10072/100
Internet280 Mbps50 Mbps
Timezone vs Paris+7h-7h
French-speaking communitySmallVery small
LanguagesCantonais, Anglais, MandarinEspagnol
CurrencyDollar de Hong Kong (HKD)Peso mexicain (MXN)
Corruption index75/10031/100
Democracy index5.28/105.63/10

Settling in

πŸ‡­πŸ‡°Hong Kong
πŸ‡²πŸ‡½Mexico
Residence permit delay2 months3 months
Company creation3 days8 days
Bank accountEasyModerate
Political stability7/104/10
Ease of business3th worldwide60th worldwide

Summary

πŸ‡­πŸ‡°

Hong Kong

  • Top IT: 17% | Corp. tax: 16.5%
  • Cost of living: 2β€―000 €/mo
  • Safety: 8/10 | Health: 67/100
  • Regime: Taxation territoriale stricte (Permanente (systeme par dΓ©faut))
View full profile Hong Kong β†’
πŸ‡²πŸ‡½

Mexico

  • Top IT: 35% | Corp. tax: 30%
  • Cost of living: 700 €/mo
  • Safety: 5/10 | Health: 72/100
View full profile Mexico β†’

Comparative analysis: Hong Kong vs Mexico

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 35% in Mexique. Corporate tax stands at 16.5% versus 30%. Capital gains are taxed at 0% in Hong Kong versus 10% in Mexico.

Which country is cheaper to live in?

The cost of living is lower in Mexique. A single person spends about 700 EUR/month excluding rent, compared to 2β€―000 EUR/month in Hong Kong. City center rent averages 550 EUR versus 2β€―200 EUR.

Which country is safer?

Hong Kong scores higher on safety (8/10 versus 5/10). In terms of healthcare, Mexique leads with an index of 72/100 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.