Approval Date: February 2021
Client Name:Ms. W
Highest Education:Bachelor's Degree
Immigration Scheme: Family Office Program
Monthly salary and position: Family business executive
Industry: Real Estate
Reason for Family Office Program:
The applicant has been committed to developing the family business for many years and set up a branch in Singapore in 2016 to actively expand overseas business, and obtained an EP through self-employment, but after a few years of operation, he found that the company's operating costs were high and profitability fluctuated, the applicant wanted to achieve stable growth of the family wealth. We recommended the Singapore family office program to him and after a comparison, the applicant decided to join the Singapore family office program.
Through the Singapore Family Office Policy, the family office can apply for a financial license exemption from the Singapore government, as long as the assets of the family office are owned and fully invested by the same family.
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