What Happens When You Leave Hong Kong?

Mondaq Business BriefingHong Kong Law Articles in English (2011)

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What Happens When You Leave Hong Kong?

For many foreign nationals Hong Kong is an ideal place to work and accumulate wealth but most choose to retire elsewhere. Some may go home but many choose to go elsewhere for the climate and possibilities to find good housing at affordable prices. But sometimes they fail to realise that the living costs may be higher than they think due to tax.

Those Dutch nationals returning home are likely to face similar rates of charge.   Holland is not a low tax country and charges income and capital gains tax on every worldwide source of income.  Generally a person will be considered resident in Holland i...

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