family office

Advantages of a family office

• Immigration plan: through the family office, you can apply for a senior work pass, then apply for a Singapore green card, and you can apply to become a Singapore citizen after 2 years
• Succession planning: The next generation can effectively and legally inherit assets.
• The annual maintenance cost of the family office can be paid out of the fund company's income.
• Avoid Financial Information Exchange (CRS)

1. JK plans the plan according to the customer's family situation and needs

2. Design the structure of the family list (about 3 days)

3. The registered company and structure are formally established (about 3 days)

4. Bank account opening (about 1 week)

5. Capital injection (about 1-3 months)

6. Apply for advanced work pass EP and family pass (the process is about 1-2 months)

7. Make an appointment for an interview with the MAS

8. Apply for a fund-free license and a tax-exempt license from the MAS (the process is about 3-4 months)

9. Planning investment and financial goals

10. Execute financial plan