Hong Kong Country Profile

For more details visit Hong Kong Passport Ranking
  • Passport Grade
  • Passport Ranking
  • Passport Score
  • Visa-free Countries
  • Visa-required Countries
  • Access to the World's GDP
  • Access to the World's Surface Area
  • Access to the World's Population
  • Access to the Unesco Sites
Citizenship and Naturalization
Birthright citizenship (Jus Soli)
  • Birthright citizenship (Jus Soli)
    No provisions
Naturalization - Standard Conditions
  • Minimum residency period
    7 years
    After 7 years of residency, you can claim permanent residency, not citizenship.
  • Physical presence requirement
  • Language test
  • Need to renounce original citizenship?
  • Can minor children naturalize?
  • Can naturalized parents pass citizenship to a child born abroad?
  • Can you lose naturalization due to prolonged absence/ naturalization elsewhere?
Naturalization - Your Spouse is a Citizen
  • Living IN the country: Residency/marriage requirement
    No provisions
  • Living ABROAD: Marriage requirement
    No provisions
  • Language test
    No provisions
  • Need to renounce original citizenship?
    No provisions
Naturalization - Other Beneficial Provisions
  • Your child is a citizen
    No provisions
  • Citizens of specific countries
    No provisions
"–": The provision has not been analysed.
For more details visit Cost of Living
  • Taxation Type
A tax resident of a country with a TERRITORIAL tax system pays taxes on the income generated within the country only. Income generated outside of the country remains tax-free.
Schiff Sovereign's Take on Hong Kong
Many of Sovereign Man’s team members (including our founder Simon Black himself) fell in love with Hong Kong the first time they went there. 

It's an incredible place, and a very unique city. It’s wealthy and sophisticated. It has been doing things “right” for a long, long time.

Hong Kong has been a phenomenal “offshore” jurisdiction that’s considered more “onshore” than “offshore”. In other words, while it might not be a zero-tax jurisdiction, it is low-tax enough to satisfy both the tax police and those trying to do business without being fleeced by the tax man.

We consider it a great gateway to the rest of Asia, and one with Anglo flair, to boot.

For a long time, we also liked the local currency – the Hong Kong dollar, which has been pegged to the US dollar since 1983. 

Its fundamentals were (and still are) much more solid than those of the greenback. HKD used to serve as a great alternative to holding your savings in USD, as it could potentially be decoupled from the dollar… and appreciate in case the USD suddenly tanked under the weight of its own problems.

We used to talk a lot about the Hong Kong banking system, also. (Hong Kong is still much better capitalized than most Western banking systems.)

However, many of the benefits described above are in question now.

China's assault on the remnants of Hong Kong’s independence makes us uncomfortable when dealing with the jurisdiction. It's hard to predict whether Hong Kong will continue enjoying its financial quasi-independence, or whether it will lose its remaining sovereignty overnight.

Also, more recently, Hong Kong’s severe Covid-related restrictions have scared away many freedom-minded individuals.

On a side note, Hong Kong continues to be home to a very developed equities market. Tim Staermose – Sovereign Man’s Chief Investment Officer – used to live in Hong Kong and is very familiar with it. 

In fact, many of the stock picks in the 4th Pillar investment letter are listed in Hong Kong.

Bottomline: We can’t really recommend Hong Kong anymore, as new restrictions by China, the tumultuous years of protests and Covid restrictions have taken a toll on this Asian financial hub.
Schiff Sovereign's Rolodex
Service Providers available in Hong Kong
  • Immigration (residency, citizenship)
Obtain access to our Rolodex by signing up for Sovereign Confidential Join Sovereign Confidential Today

Sovereign Global Explorer

Benefiting from over a decade of our team’s boots-on-the-ground experience, Global Explorer is where your international journey begins.
Hong Kong Overview
  • Region
  • Capital City
    Hong Kong
  • Largest City
    Hong Kong
  • Currency
    Hong Kong dollar
  • Languages
    Cantonese, English
  • Population
    7.4 million (103rd)
  • Life Expectancy
    83.6 years (8th)
  • GDP (Nominal)
    $368.4 billion (43rd)
  • GDP/Capita
    $49,759 (23rd)
Useful Data
For more details visit Cost of Living
  • Cost of Living
    Extreme (7/7)
  • Climate
    Comfortable (2/5)
  • Safety
    The Safest (1/7)
  • Pollution
    Polluted (4/5)
  • English Proficiency
    Moderate (3/5)

Sovereign Global Explorer

Benefiting from over a decade of our team’s boots-on-the-ground experience, Global Explorer is where your international journey begins.
Hong Kong inside Schiff Sovereign resources

Articles featuring Hong Kong

Trends & News

Trouble brewing in Hong Kong

Hong Kong has for decades been one of the most stable places in the world. When the British took Hong Kong over in the late 1800s, it was nothing more than an irrelevant backwater made up of fishing villages and illiterate fishermen. But after a few decades, it became one of the most prosperous places […]

Trends & News

As Hong Kong refuses to bend the knee...

Sun Tzu, the legendary Chinese general of the 6th century BC Zhou Dynasty, famously wrote in the Art of War: “When you engage in actual fighting, if victory is long in coming, then men’s weapons will grow dull and their ardor will be damped. If you lay siege to a town, you will exhaust your […]

Trends & News

What you can learn from the founders of Hong Kong

February 5, 2014 Panguipulli, Chile As you may know, I’m an avid reader. I devour especially historical accounts of any kind, because I consider lessons of history to be invaluable. As the Latin proverb says: Historia magistra vitae est—history is life’s teacher. One of my all-time favorite books is a novel by James Clavell, Tai-pan. […]

Trends & News

Think about this if you own Hong Kong dollars

On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island. Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they went to war multiple times […]

Ready to fire-proof your future? Learn how here...

Subscribe to our FREE Sovereign Letters series below. Packed with powerful, immediately actionable Plan B strategies, signing up for this newsletter is one of THE best steps you can take, right now, to safeguard your freedom and maximize your sovereignty.


Found a mistake or have a suggestion with Hong Kong Country Profile? Let us know by filling out the form below.