Hong Kong
No capital gains tax on crypto for individuals. Business traders and professionals subject to profits tax. New 2025-2026 exemptions extending to hedge funds and family offices investing in crypto.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
CARF Status
Committed
Bitizenship
Not yet
CARF Reporting
Committed
Hong Kong has committed to implementing CARF but has not yet specified an exact timeline. When active, crypto service providers will be required to report user transactions to tax authorities.
Tax Rates
Activity Taxes
Staking
0% for individuals; taxable if business activity
Mining
0% for individuals; taxable if business activity
DeFi
0% for individuals; taxable if business
NFTs
Case-by-case
Taxable Events
Crypto → Fiat
Not taxable
Crypto → Crypto
Not taxable
Holding Period
No holding period benefit
No capital gains tax regardless of holding period for individuals
Regulation & Residency
Regulatory Body
SFC (Securities & Futures Commission); HKMA for stablecoins
Residency Requirement
Various schemes: Quality Migrant, Top Talent Pass, Investment Entrant
Reporting Requirements
OECD CARF consultation launched Dec 2025; reporting expected by ~2028
Citizenship & Residency Path
Quality Migrant Scheme or investment; PR after 7 years continuous residency
Resilience & Plan B
Jurisdictional Resilience
How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.
JRS
Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →
Plan B Readiness
How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”
PBR
Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →
Notable Conditions
- →No capital gains tax exists in Hong Kong - applies to all assets, not just crypto
- →Salary received in crypto is taxable as employment income
- →Professionals/frequent traders: profits tax applies (8.25% first HK$2M, 16.5% thereafter)
- →New exemptions for funds/family offices investing in crypto (late 2024-2026)
- →Comprehensive stablecoin regulation from 2026
- →Clear licensing for crypto exchanges (investor protection, AML compliance)
Living & Lifestyle
Cost of Living
Very High
Banking Access
Excellent
Quality of Life
High
Lifestyle Scores