Asia-Pacific is the largest and fastest-growing region for ultra-high-net-worth (UHNW) wealth and family offices. Hong Kong and Singapore offer international families stable, strategically positioned hubs to preserve and grow their capital across generations. Amid heightened geopolitical volatility (including the Middle East conflict), families are increasingly diversifying jurisdictional risk and reassessing exposure to traditional safe-haven centers.
Well-Established Common Law System
Common law system with mature and fair courts and robust asset protection.
Political and Economic Stability
Stable political environment and strong economy. Predictable and transparent regulations and policies. Both are widely regarded as “rule-of-law” jurisdictions for international wealth structuring and cross-border investing.
World-Class Infrastructure
Sophisticated banking systems with high international connectivity and world-class custodial services.
Free Capital Flow
No capital control. Free to move capital without restriction.
Tax Efficiency
No estate or inheritance tax; no capital gains tax. Targeted tax incentives are available for qualifying family offices.
Professional Excellence
Sophisticated banking systems with high international connectivity and world-class custodial services.
Why Hong Kong
Navigating Growth and Security in Asia’s Largest Gateway
Leading Hub for Family Offices
Hong Kong had 3,384 single-family offices as of end-2025, representing an increase of 681 since end-2023 (about a 25% growth).
- AUM: $4.5 trillion (as of end 2024)
- Ranked second globally for the number of ultra-high-net-worth individuals (as of June 2025)
Attractive Tax Regime
- No capital gains tax; no estate or inheritance tax.
- Zero concessionary tax rate on qualifying profits for eligible single family offices.
- Reportedly may not need to apply for an exemption to qualify for certain tax breaks in Hong Kong.
- Proposed extension of tax incentives to cover gold, digital assets and other specified commodities (pending legislation in 2026).
Strong Investor Confidence
- Leading global hedge funds, including Hudson Bay Capital Management and Sona Asset Management, are moving into Hong Kong.
- Existing hedge funds such as Jane Street and Point 72 are expanding their operations in Hong Kong.
- Recent geopolitical developments have driven a spike in inbound enquiries for Hong Kong family office set-ups (as reported by Hong Kong-based advisers).
Access to AI/Tech Companies
- Home to an AI ecosystem of 500 organisations, including 290 companies and 180 investors, driving innovation across finance, healthcare and government services.
- In January 2026, two leading Chinese AI firms, Zhipu AI and MiniMax, reportedly listed on the Hong Kong Stock Exchange.
Market Depth
- Ranked #1 globally for IPO fundraising in 2025.
- Ranked #1 in the Global Financial Centres Index (Asia-Pacific).
- Market capitalization: approximately US$5.4 trillion (as of June 2025).
Gateway to China
- Bridge between Chinese capital and global institutional investors.
- Access to Chinese markets via Stock Connect, Bond Connect & Wealth Connect.
- Access to technology and startup ecosystems in nearby Chinese Mainland innovation clusters (e.g., Shenzhen, Hangzhou) can enhance sourcing and diligence for China-linked portfolios.
Why Singapore
Stability, Security, and Specialized Global Infrastructure
Growing Family Office Hub
- Singapore’s family office population surged from about 400 in 2020 to over 2,000 by end-2024, marking a five-fold increase and a 43% year-on-year growth from 1,400 in 2023.
- AUM: $66.8 billion (as of 2024).
Political Neutrality
- An independent nation with no involvement in regional conflicts, offering a “peace dividend” for families seeking a secure, stable destination for global assets.
- Singapore is often selected by families prioritizing political neutrality and a diversified treaty network for global investing.
Tax Efficiency
- No capital gains tax; no dividend tax; no estate or inheritance tax.
- Sections 13O and 13U fund tax incentive schemes ensure that capital preservation is matched with globally optimized and transparent tax structures.
Global Tax Advantage
- Singapore’s extensive network of more than 100 tax treaties facilitates smoother cross-border investment and reduces tax friction for international family offices.
- Families can benefit from maintaining structures in both Singapore and Hong Kong.
Asset Protection
- Robust legal frameworks that prevent forced heirship and ensure multi-generational confidentiality, backed by a world-class judicial system.
- Sophisticated banking/custody, international connectivity, and common-law courts widely perceived as mature and predictable.
Islamic Finance Hub
- Sophisticated infrastructure providing Shariah-compliant wealth solutions and Sukuk listings, a stable alternative to Middle Eastern financial centers.
- Singapore’s Islamic finance ecosystem can be a practical fit for families seeking Shariah-compliant solutions alongside global portfolio access.
Connect With Us
Contact us to set up your family office in Hong Kong or Singapore.
Hauzen LLP
Suite 4102, Tower One, Lippo Centre, Admiralty, Hong Kong
Tel: +852 2150 2900
Email: contact@hauzen.hk
Lighthouse Law LLC
2 Havelock Road #07-27, Havelock II, Singapore 059763
Tel: +65 9844 2261 | +65 6908 2378
Email: adrianwee@lighthouselaw.sg