'Singapore has got all the ingredients right to attract investment. It's obviously a great place to live, with a stable currency and rule of law. It's an international financial centre and hub for multinationals and talent,' said Anurag Mathur, the Head...
"Singapore has got all the ingredients right to attract investment. It's obviously a great place to live, with a stable currency and rule of law. It's an international financial centre and hub for multinationals and talent," said Anurag Mathur, the Head of Wealth and Personal Banking at HSBC.
Several factors contribute to Singapore’s attractiveness for opening a family office, which is: that it’s one of the least corrupt countries in the world, its tax-friendly system and low corporate tax rate, its welcoming investment climate, and it is widely considered to be one of the best places in the world to do business.
Family offices in Asia are different from those elsewhere around the world as nearly one-quarter of them are less than two years old, and only 39 per cent have been in operation for over a decade.
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