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overview
Hong Kong, located on the southern coast of China, is known for its vibrant cityscape, dynamic economy, and rich cultural fusion. Its economy is driven by finance, trade, tourism, and technology, making it one of the world’s leading global financial centers. The city’s iconic skyline, bustling harbor, and landmarks like Victoria Peak and the Tian Tan Buddha, alongside its diverse food scene and lively festivals, attract visitors and expatriates seeking a blend of modernity, tradition, and international opportunity.
overview
National Anthem
Yìyǒngjūn Jìnxíngqǔ
Independence Day
July 1, 1997
Haiko
Skyscrapers rise high / Harbor glistens with bright lights / Trams hum through the streets
Interesting Tradition
Holds dragon boat races with teams paddling in colorful boats
Weirdest Local Superstition
Sweeping the floor at night brings bad luck
Strangest Law Still on the Books
Ban on singing obscene songs
overview
Come for the skyline, stay for the connectivity: Hong Kong blends its cosmopolitan energy with unparalleled opportunities in finance, trade, and innovation. Life flows between morning hikes on Victoria Peak and afternoon meetings in the city’s skyscrapers, while evenings are spent savoring world-class cuisine. With its strategic location and global mindset, Hong Kong is a magnet for professionals seeking to lead in the heart of Asia.
overview
Step into a city where east meets west and every skyline view inspires endless possibilities. Here, Hong Kong is a vibrant fusion of ancient traditions and cutting-edge innovation, inviting you to embrace its energy and create your own story.
overview
Famous for its street food and temples where every meal is a spiritual experience, a city where East meets West
Hong Kong isn’t just a city—it’s a dazzling blend of East and West. Here, time moves between vibrant street markets and towering skyscrapers, and even a simple ferry ride across Victoria Harbour becomes a journey through contrasts. This is a land where tradition and innovation coexist, creating a pulse as dynamic as its skyline.
From the dazzling skyline of Victoria Harbour to the serene trails of Lantau Island, Hong Kong offers a dynamic blend of urban energy and natural beauty for every traveler. Whether you're drawn to the bustling markets of Mong Kok, the historic temples of Kowloon, or the world-class cuisine celebrated citywide, you'll find a destination that thrives on contrasts. With its vibrant culture, cutting-edge innovation, and timeless traditions, Hong Kong invites you to explore its unique pulse and create unforgettable memories.
Statistics
Eat
Dim Sum (variety of small dumplings and buns)
Drink
Milk Tea (smooth tea with evaporated milk)
overview
Beer
Annual consumption (liters per capita)
Wine
Annual consumption (liters per capita)
Coffee
Annual consumption (liters per capita)
Tea
Annual consumption (liters per capita)
overview
overview
Representative Novel
The Painted Veil by W. Somerset Maugham (Novel set in 1920s China, exploring themes of love, betrayal, and redemption)
National Animal
Pink Dolphin
National Pasttime
Dragon Boat Racing
National Souvenir
Miniature Tram
National Dish
Dim Sum
Famous Festival
Hong Kong Arts Festival
Famous Dance
Lion Dance
Famous Music
Cantonese opera
overview
Hong Kong is known for its dense urban landscape, with over 7 million people living in one of the most vertical cities in the world. It has more skyscrapers than any other city, with over 550 buildings exceeding 150 meters in height.
Hong Kong’s MTR (Mass Transit Railway) is one of the most efficient and widely used public transportation systems globally, with a punctuality rate of 99.9% and serving over 5 million passengers daily.
Many of Hong Kong’s iconic buildings, like the HSBC Headquarters and the Bank of China Tower, are designed with Feng Shui principles to ensure harmony and prosperity, reflecting the city’s deep cultural traditions.
overview
April 2014
Hong Kong was ceded to Britain under the Treaty of Nanking, becoming a British colony and major trading hub.
July 2014
Hong Kong was occupied by Japan during World War II, leading to significant hardships for its residents.
February 2015
Hong Kong experienced rapid industrialization and economic growth, becoming one of the Four Asian Tigers.
March 2015
Hong Kong was handed back to China under the "One Country, Two Systems" framework, ending over 150 years of British rule.
October 2016
Hong Kong saw large-scale protests advocating for democracy and autonomy, including the Umbrella Movement in 2014 and the 2019 demonstrations.
MOBILITY
NO. OF Mobility Assets
MOBILITY
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MOBILITY
Visa Free Countries
150
Performance Class
World-Class Access
Passport Grade
A-
Rank
43
Score
171.7
This visa grants access to:
MOBILITY
MOBILITY
MOBILITY
Rankings
Hong Kong, a global financial hub in East Asia, is renowned for its towering skyline, vibrant culture, and strategic location. Its economy thrives on finance, trade, and technology. With a unique blend of modernity and tradition, including bustling markets, iconic Victoria Harbour, and scenic hiking trails, Hong Kong attracts expatriates and visitors seeking opportunities and adventure.
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Healthcare
Median Age
83.6
years
Life Expectancy
47.4
years
Obesity Rate
32.6%
Tobacco Use
16.40%
Sources
Health Expenditure
of GDP
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Hospital Beds
per 1000 people
Doctors
per 1000 people
Out-of-pocket
27.00%
of total expenditure
Sources
Healthcare
Hong Kong has a highly efficient public healthcare system providing affordable services to residents and expatriates.
Private hospitals in Hong Kong offer world-class services with shorter wait times and personalized care.
Many expatriates in Hong Kong prefer private healthcare for quicker access to specialized treatments and better facilities.
Hong Kong is a leading destination for medical tourism in Asia, offering advanced procedures and state-of-the-art technology.
Pharmaceuticals in Hong Kong are widely available, though costs can be high for certain imported medications.
Healthcare
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Healthcare
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cost of living
Cost of Gasoline
$3.13
per liter
Cost of Meal
$8.87
(Inexpensive Restaurant)
Monthly Rent
$2,082.28
(1 bedroom, City Center)
Monthly Utilities
$247.48
(85m² Apartment)
Domestic Beer
$7.71
(0.5 liter draught)
VAT Rate
0%
cost of living
cost of living
cost of living
Taxation
Before relocating to Hong Kong SAR, it's important to understand its unique tax system.+Hong Kong follows a territorial tax system where only income sourced within Hong Kong is taxable. Personal income tax (called salaries tax) rates are progressive, ranging from 2% to 17%, with a standard rate cap of 15%. There is no capital gains tax, inheritance tax, or VAT. Social security contributions are not required. A Hong Kong Identity Card (HKID) is used for identification purposes.+Hong Kong has numerous double taxation agreements but notably does not have one with the United States.
Tax Residency Requirement
183 days
Worldwide Income Taxation
No
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Higher Rates for Foreign Assets
No
US Double Taxation Treaty
Yes
Personal Income
Progressive tax rate based on income levels
Personal Capital Gains
Flat rate on investment gains
Inheritance
Based on inherited amount and relationship
Corporate Income
Standard corporate tax rate applied to business profits
Corporate Capital Gains
Tax rate applied to capital gains from corporate investments
Dividends
Withholding tax rate applied to dividend distributions
Interest
Withholding rate interest payment to non-residens
Royalties
Withholding tax rate for royalty payments
Work Assignment
Foreign individuals are considered tax residents if they stay in Hong Kong SAR for more than 180 days during a year of assessment or for more than 300 days in two consecutive years of assessment. However residence status is generally only relevant for tax treaty purposes as Hong Kong follows a territorial basis of taxation.
Overall Ranking
Global position in PWC’c Ease of Paying Taxes ranking
Ease of Paying Taxes Score
Overall score based on multiple factors
Total Tax and Cotribution Rate
TTCR percentage including all mandatory contributtions
Time to Comply
Annual hours required to comply with tax regulations
Number of Payments
Total number of tax payments required annually
Post-filing Index
Score measuring the ease of processes after filing taxes
taxation
taxation
CLIMATE
Average Temperature
23.3°C
Humidity
78
%
Average Annual Precipitation
2400 mm
mm
Rainless Days per Year
120
Best Time to Travel
October-December
Questions?
Find answers to common questions about GlobalPassport™ and our tools guiding you towards residency or citizenship in Hong Kong.
What's the best time to visit Hong Kong?
Do I need a visa to visit Hong Kong?
What currency is used in Hong Kong?
What's the difference between Hong Kong Island and Kowloon?
What are the main attractions and activities?
overview
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