MACAU
TOP CITY IN ECONOMY
▪ GDP per capita (by purchasing power parity, PPP): 2nd in Asia, 3rd globally
▪ According to the 2025 World Economic Outlook released by the IMF, Macau’s GDP per capita (by PPP) will reach US$134,000 in 2025, far exceeding that of Hong Kong (US$78,000) and Shanghai (US$24,800), leading in economic vitality and residents' purchasing power.
▪ World Center for Tourism, Leisure and Vacation: Receiving nearly 40 million visitors annually, with tourism revenue accounting for 70% of GDP, boasting strong and continuously growing consumption power.
ADVANTAGES OF FREE PORT POLICY
Zero Tariffs and Low Tax Rates
▪ No foreign exchange control, estate duty, or capital gains tax (including no property appreciation tax). The maximum corporate/personal income tax rate is 12%, with the lowest tax burden in the Greater China region.
Free Flow of Funds
▪ The currency is pegged to the US dollar, with assets hedged by hard currency to avoid exchange rate risks.
The Macau government introduced easing measures in 2024: Mainland investors purchasing Macau properties face no eligibility restrictions.
- ▪ Abolished the "Special Stamp Duty" on unit transfers within 2 years.
- ▪ Abolished the "Additional Stamp Duty" on residential unit purchases by non-Macau residents.
- ▪ Abolished the "Acquisition Stamp Duty" on purchases of the 3rd or more residential units.
- ▪ Unified the maximum mortgage loan-to-value ratio at 70% for both Macau residents and nonresidents purchasing residential properties.
- ▪ Suspended the interest rate hike stress test, significantly lowering the lending threshold for non-residents.
GLOBAL BENCHMARK FOR ECOLOGICAL LIVABILITY
▪ In 2024, Macau’s life expectancy (85.51 years) is higher than that of Japan (84.95 years), ranking among the world's top.
▪ It boasts sound social security, beautiful natural environment, mild winter climate, welldeveloped infrastructure, rich cultural atmosphere, strict food safety assurance, safe and stable society, and a high quality of life.
RICH EDUCATIONAL RESOURCES
A High-Quality System Aligned with International Standards
▪ Macau has a total of 10 institutions of higher education, with an education system that conforms to international standards. The institutions offer diverse courses, balancing basic teaching with regional advantages. In the 2023/2024 academic year, there were 40,336 non-local students, accounting for 72.5% of the total student population (55,611), creating a strong international atmosphere on campus.
Trilingual and Multicultural Environment
▪ As a Chinese-Portuguese bilingual region, Macau allows students to naturally access three languages: Chinese, English, and Portuguese. In a cross-cultural environment, they enhance their communication and inclusiveness, which benefits their future career development.
Rich International Exchange Opportunities
▪ Local higher education institutions collaborate with many overseas universities, offering international programs such as student exchanges and study tours to broaden students’ global perspective.
Adequate Educational Financial Investment
▪ Budgetary expenditure for education in the 2024 fiscal year is MOP 14.13 billion, accounting for 12.5% of the total general composite budget expenditure (MOP 113.38 billion), ensuring educational development.
