Family Offices - Moving Your Wealth to Singapore

Singapore is an attractive base for family offices due to its status as a financial hub situated in Southeast Asia. High net worth individuals in the city state have access to a range of investment/private banks and financial institutions, and the ease of investing is underpinned by a pro business environment, political stability and legal certainty. While SFOs are not formally defined nor regulated by the Monetary Authority of Singapore (MAS), they are eligible for licensing exemptions and tax incentives provided that they meet certain criteria.