Expatriation Hong Kong - tax comparison
🇭🇰

Hong Kong

VS
Expatriation Portugal - tax comparison
🇵🇹

Portugal

Hong Kong vs Portugal

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
17%
🇭🇰 Hong Kong
vs
48%
🇵🇹 Portugal
Monthly cost (single)
2 000 €
🇭🇰 Hong Kong
vs
1 200 €
🇵🇹 Portugal
Safety
8/10
🇭🇰 Hong Kong
vs
7/10
🇵🇹 Portugal

Taxation

🇭🇰Hong Kong
🇵🇹Portugal
Top income tax bracket17%48%
Corporate tax16.5%19%
Capital gains0%0%
VAT0%23%
Tax treaty with FranceYesYes
Special regimeTaxation territoriale stricteIncentivo Fiscal à Investigação Científica e Inovação (IFICI)
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.

🇵🇹

Incentivo Fiscal à Investigação Científica e Inovação (IFICI)

Duration: 10 ans

Successeur du NHR depuis 2024. Taux forfaitaire de 20 % sur les revenus portugais pour les nouveaux résidents fiscaux exerçant des activités à haute valeur ajoutée ou dans la recherche scientifique.

Cost of living

🇭🇰Hong Kong
🇵🇹Portugal
Monthly cost (single)2 000 €1 200 €
Monthly cost (couple)3 200 €1 900 €
City center rent2 200 €950 €
Outside city rent1 400 €600 €
Private health insurance180 €80 €
Public healthcareAccessibleAccessible

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

🇭🇰 Hong Kong4 200 €/mo
🇵🇹 Portugal2 150 €/mo

Portugal is approximately 2 050 € cheaper per month in total.

Quality of life

🇭🇰Hong Kong
🇵🇹Portugal
Average temperature23°C17°C
Safety8/107/10
Health index67/10072/100
Internet280 Mbps120 Mbps
Timezone vs Paris+7h-1h
French-speaking communitySmallMedium
LanguagesCantonais, Anglais, MandarinPortugais
CurrencyDollar de Hong Kong (HKD)Euro (EUR)
Corruption index75/10061/100
Democracy index5.28/107.95/10

Settling in

🇭🇰Hong Kong
🇵🇹Portugal
Residence permit delay2 months6 months
Company creation3 days5 days
Bank accountEasyModerate
Political stability7/108/10
Ease of business3th worldwide39th 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
🇵🇹

Portugal

  • Top IT: 48% | Corp. tax: 19%
  • Cost of living: 1 200 €/mo
  • Safety: 7/10 | Health: 72/100
  • Regime: Incentivo Fiscal à Investigação Científica e Inovação (IFICI) (10 ans)
View full profile Portugal

Comparative analysis: Hong Kong vs Portugal

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 48% in Portugal. Corporate tax stands at 16.5% versus 19%.

Which country is cheaper to live in?

The cost of living is lower in Portugal. A single person spends about 1 200 EUR/month excluding rent, compared to 2 000 EUR/month in Hong Kong. City center rent averages 950 EUR versus 2 200 EUR.

Which country is safer?

Hong Kong scores higher on safety (8/10 versus 7/10). In terms of healthcare, Portugal 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.