Hong Kong

The original shopping city of Asia charges no import duty, sales tax, or VAT — making it among the world's cheapest places to buy luxury goods, with prices often 20% lower than in Paris. Canton Road in Kowloon has the world's highest concentration of luxury brand flagships per block, surpassing even Monaco's Golden Circle. The shopping mall ecosystem — Harbour City, Times Square, IFC Mall — offers a combined retail GFA larger than many cities' entire CBD, totaling over 3.5 million square metres.