What is a Family Office?
Applicants can set up a family office to manage and invest their own wealth, and enjoy tax exemption schemes introduced by the Monetary Authority of Singapore (MAS).
The main applicant can apply for an Employment Pass (EP) to obtain Singapore residency, achieving goals such as immigration, asset allocation, and wealth succession, once and for all. Spouses and unmarried children under the age of 21 of the EP holder can apply for a Dependent Pass, and parents may apply for a Long-Term Visit Pass (LTVP).
Once the eligibility criteria are met, the applicant may also apply for Singapore Permanent Residency (PR).
The applicant must set up two companies in Singapore, a fund management company, and a family office.