You should know that Singapore 's financial system is quite good. It ranks relatively high in the global wealth management center. Moreover, Singapore's passports are not only visa-free in the United States, but also available in many countries and regions. Therefore, the number of immigrants to Singapore is also increasing.
. Among the various ways to immigrate to Singapore, the Singapore Family Office is more popular. As early as 2004, Singapore encouraged foreign investors to set up family office in Singapore. After the review is approved, they can apply for immigration.
In 2019, this plan was also deepened. The most advantageous point is to expand the scope of tax exemption. Therefore, more and more high-net-worth individuals have also begun to apply for Singapore family offices. So what are the requirements when applying?
First of all, we can understand the structure of the Singapore family office. Applicants need to set up two companies in Singapore, one is a fund company and the other is a family office. The family office can provide fund management services, and there are tax-free discounts in the first three years. After
, the applicant needs to have certain working capital, and this amount of funds is used for subsequent investment, and there are certain restrictions on the applicant's age. It also needs to be relatively reliable in terms of lifestyle and needs to be without any bad social impact. Singapore immigration company Yingjin Group stated that when applying for immigration to Singapore family offices, you can also bring your spouse and children, but it should be noted that the age of the children needs to be under 21 years old and unmarried.
can only apply for the Singapore Family Office after meeting the above conditions. The specific results after the application also require review by relevant departments in Singapore. If the review is successful, you can receive the corresponding notice and enter the country to receive the card.
Generally speaking, the conditions are relatively high through the Singapore Family Office project. It can be said that the asset scale alone makes it difficult for many people to meet it. However, it is undeniable that some of the welfare policies provided by Singapore Family Office Immigration Project are still quite attractive. Tax reduction and exemption alone are very advantageous.
