In recent years, more and more mainland entrepreneurs and outstanding talents have planned their Hong Kong identity.
Why is Hong Kong identity so sought after by mainland elites? What is the charm of Hong Kong identity?
1
Low tax rate & simple tax system
Hong Kong has a simple tax system and low tax rates.
Its main direct taxes are: profit tax (corporate income tax), salary tax (personal income tax), property tax, and no value-added tax and business tax.
The corporate income tax rate in Hong Kong is relatively low. The tax rate for the first HK$2 million is 8.25%, and the excess is 16.5%. The mainland corporate income tax rate is 25%.
The highest personal income tax rate in Hong Kong is 15%, while the highest personal income tax rate in the Mainland is 45%.
2
Advantages of children's education
Hong Kong is known for its high-quality education system, with world-class universities and academic institutions offering diverse curriculum options and advanced teaching methods.
In addition, students with Hong Kong identity also have many advantages in terms of further studies.
★Apply to more than 300 universities in the UK, the US, Australia, Canada and other countries (including Oxford University, Cambridge University and other world famous universities) based on Hong Kong DSE scores and free of IELTS scores.
★With Hong Kong DSE scores, you can apply for 132 institutions of higher learning in the Mainland (including famous schools such as Peking University, Tsinghua University, and Fudan University) without examination.
★Have an absolute advantage when applying to the eight famous universities in Hong Kong, such as the University of Hong Kong, the Chinese University of Hong Kong, and the Hong Kong University of Science and Technology.
★You can take the joint entrance examination for overseas Chinese students in the mainland, and you can go to a famous domestic school with a low score.
3
High Quality of Life Guarantee
Hong Kong is committed to protecting the social welfare of its citizens and provides generous welfare benefits for Hong Kong residents.
★Perfect social security system
Hong Kong has established a comprehensive social security system, including pensions, unemployment insurance and housing subsidies, providing Hong Kong residents with a sound and stable social security network.
★Developed medical system
Hong Kong has a well-developed medical system that provides high-quality medical services for Hong Kong residents, and implements a universal medical insurance system to protect the health rights of residents.
4
Mainland housing benefits
Hong Kong identity has obvious advantages in buying houses in the Mainland.
★Hong Kong residents who buy houses in the 9 cities of the Greater Bay Area do not need to provide proof of residence, study, and working years.
★Hong Kong residents can enjoy Shenzhen's "half-price" housing benefits based on their Hong Kong status.
Hong Kong identity has multiple advantages in tax policy, children's education, social welfare and house purchase, which has attracted the favor of many mainland elites.
These advantages not only provide a broader development space for mainland elites, but also guarantee their better quality of life.
Planning Hong Kong identity has become a key measure for many entrepreneurs and outstanding talents to move towards a higher quality of life and a higher stage.
If you are also interested in planning a Hong Kong identity, please contact Xingyunhai International!