China
How China performs
Tax
On the high side. Taxes here are heavier than in most countries we cover (96th of 123). Worth taking tax advice before you move. Personal income tax 3% - 45%, corporate tax 10% - 15%, VAT 6% - 13%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. China is less peaceful than most countries in the index (94th of 117). Look closely at the area you would live in.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Very affordable. China is one of the cheapest places to live in the index, 21st of 118. Your money goes a long way here.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: China is 33rd of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 10% - 15% Applicable tax rate varies based on the amount of income earned and nature of business |
|---|---|
| Personal income tax | 3% - 45% Applicable tax rate varies based on the amount of income earned, category of income and residency status |
| Standard VAT | 6% - 13% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- The applicants have settled in China
- Language requirement
- No
- Investment Immigration Pathway
- Not applicable
- Official language
- Mandarin Chinese
- Dual citizenship
- Allows with conditions
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