Expatriation Hong Kong - tax comparison
πŸ‡­πŸ‡°

Hong Kong

VS
Expatriation United Kingdom - tax comparison
πŸ‡¬πŸ‡§

United Kingdom

Hong Kong vs United Kingdom

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
45%
πŸ‡¬πŸ‡§ United Kingdom
Monthly cost (single)
2β€―000 €
πŸ‡­πŸ‡° Hong Kong
vs
1β€―800 €
πŸ‡¬πŸ‡§ United Kingdom
Safety
8/10
πŸ‡­πŸ‡° Hong Kong
vs
5/10
πŸ‡¬πŸ‡§ United Kingdom

Taxation

πŸ‡­πŸ‡°Hong Kong
πŸ‡¬πŸ‡§United Kingdom
Top income tax bracket17%45%
Corporate tax16.5%25%
Capital gains0%24%
VAT0%20%
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‡¬πŸ‡§United Kingdom
Monthly cost (single)2β€―000 €1β€―800 €
Monthly cost (couple)3β€―200 €2β€―900 €
City center rent2β€―200 €1β€―600 €
Outside city rent1β€―400 €1β€―000 €
Private health insurance180 €0 €
Public healthcareAccessibleAccessible

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

πŸ‡­πŸ‡° Hong Kong4β€―200 €/mo
πŸ‡¬πŸ‡§ United Kingdom3β€―400 €/mo

United Kingdom is approximately 800 € cheaper per month in total.

Quality of life

πŸ‡­πŸ‡°Hong Kong
πŸ‡¬πŸ‡§United Kingdom
Average temperature23Β°C11Β°C
Safety8/105/10
Health index67/10073/100
Internet280 Mbps100 Mbps
Timezone vs Paris+7h-3h
French-speaking communitySmallLarge
LanguagesCantonais, Anglais, MandarinAnglais
CurrencyDollar de Hong Kong (HKD)Livre sterling (GBP)
Corruption index75/10071/100
Democracy index5.28/108.54/10

Settling in

πŸ‡­πŸ‡°Hong Kong
πŸ‡¬πŸ‡§United Kingdom
Residence permit delay2 months6 months
Company creation3 days5 days
Bank accountEasyModerate
Political stability7/108/10
Ease of business3th worldwide8th 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‡¬πŸ‡§

United Kingdom

  • Top IT: 45% | Corp. tax: 25%
  • Cost of living: 1β€―800 €/mo
  • Safety: 5/10 | Health: 73/100
View full profile United Kingdom β†’

Comparative analysis: Hong Kong vs United Kingdom

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 45% in Royaume-Uni. Corporate tax stands at 16.5% versus 25%. Capital gains are taxed at 0% in Hong Kong versus 24% in United Kingdom.

Which country is cheaper to live in?

The cost of living is lower in Royaume-Uni. A single person spends about 1β€―800 EUR/month excluding rent, compared to 2β€―000 EUR/month in Hong Kong. City center rent averages 1β€―600 EUR versus 2β€―200 EUR.

Which country is safer?

Hong Kong scores higher on safety (8/10 versus 5/10). In terms of healthcare, Royaume-Uni leads with an index of 73/100 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.