Hong Kong
Singapore
Hong Kong vs Singapore
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 17% | 24% |
| Corporate tax | 16.5% | 17% |
| Capital gains | 0% | 0% |
| VAT | 0% | 9% |
| Tax treaty with France | Yes | Yes |
| Special regime | Taxation territoriale stricte | Taxation territoriale et 0 % plus-values |
| Wealth tax | No | No |
| Territorial taxation | Yes | Yes |
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.
Taxation territoriale et 0 % plus-values
Duration: Permanente (systeme par défaut)
Singapour ne taxe pas les plus-values personnelles et applique une imposition territoriale : seuls les revenus de source singapourienne ou rapatriés à Singapour sont imposés. Les taux d'imposition sont tres progressifs et bas.
Cost of living
| Monthly cost (single) | 2 000 € | 2 200 € |
| Monthly cost (couple) | 3 200 € | 3 500 € |
| City center rent | 2 200 € | 2 500 € |
| Outside city rent | 1 400 € | 1 600 € |
| Private health insurance | 180 € | 250 € |
| Public healthcare | Accessible | Accessible |
Estimated total monthly budget (single, with city center rent)
Hong Kong is approximately 500 € cheaper per month in total.
Quality of life
| Average temperature | 23°C | 27°C |
| Safety | 8/10 | 8/10 |
| Health index | 67/100 | 72/100 |
| Internet | 280 Mbps | 300 Mbps |
| Timezone vs Paris | +7h | +7h |
| French-speaking community | Small | Small |
| Languages | Cantonais, Anglais, Mandarin | Anglais, Mandarin, Malais, Tamoul |
| Currency | Dollar de Hong Kong (HKD) | Dollar singapourien (SGD) |
| Corruption index | 75/100 | 83/100 |
| Democracy index | 5.28/10 | 6.02/10 |
Settling in
| Residence permit delay | 2 months | 2 months |
| Company creation | 3 days | 2 days |
| Bank account | Easy | Easy |
| Political stability | 7/10 | 9/10 |
| Ease of business | 3th worldwide | 2th 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))
Singapore
- Top IT: 24% | Corp. tax: 17%
- Cost of living: 2 200 €/mo
- Safety: 8/10 | Health: 72/100
- Regime: Taxation territoriale et 0 % plus-values (Permanente (systeme par défaut))
Comparative analysis: Hong Kong vs Singapore
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 24% in Singapour. Corporate tax stands at 16.5% versus 17%.
Which country is cheaper to live in?
The cost of living is lower in Hong Kong. A single person spends about 2 000 EUR/month excluding rent, compared to 2 200 EUR/month in Singapour. City center rent averages 2 200 EUR versus 2 500 EUR.
Which country is safer?
Both countries have an identical safety score of 8/10.
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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.