Family Offices
13O - 13 U
What is a Family Office?
The original purpose of establishing a family office was to manage and protect the wealth interests of high-net-worth families.
However, this purpose has gradually evolved and expanded far beyond the original purpose.
The Single Family Office (SFO) tax exemption regulations require that clients must set up a holding company that holds 100% of the family office's shares and only manages the assets of the single family. By allocating and managing assets in Singapore, family members can serve as senior managers in the family office in Singapore and obtain senior employment passes. After about two years, they can apply for permanent residency (PR) for the entire family in Singapore, achieving true investment immigration.
Fund income enjoys
tax exemption benefits
The investment income of funds that meet the requirements will be tax-free.
Global Asset Allocation
Perfect financial system, no foreign exchange control,
facing the global market
Optimal Tax Planning
Clients can obtain Singapore tax residency through EP and avoid financial information exchange (CRS)
Immigrate as a Family
Spouse and unmarried children under 21 years old can apply for permanent residency together
Overseas Identity Planning
Customers can immigrate to Singapore by converting from an advanced employment pass (EP) to a Singapore permanent resident (PR)
Family Wealth Inheritance
Establish a long-term family tradition through a family office, achieve inter-generational inheritance and preserve and increase the value of family wealth
Suitable for the Crowd
High-net-worth families or entrepreneurs who aim to obtain Singapore PR.
People who hope to achieve family sustainability and family member identity planning by establishing
a family office.
Application requirements
High net worth families/entrepreneurs
-
The fund must have at least 10 million (13O)/50 million (13U) SGD in assets at the time of application
-
13O projects must have an asset management scale of 20 million SGD within 2 years
-
Requires approval from the Monetary Authority of Singapore, and investment strategies cannot be changed after approval
Immediate Family
Permanent residency application
-
While the applicant holds an EP pass, the spouse and children under the age of 21 can apply for a family visa (DP)
-
When applying for PR from EP, the applicant's spouse and children under the age of 21 can submit a PR application together as dependent applicants
-
The applicant's parents and children over the age of 21 cannot apply for PR together, but parents can apply for a long-term visit pass (LTVP) with a validity period of 5 years
Application Process
For HIM
For HIM
For HER
For HER
For HER
01
Sign project agreement
02
Designing a family office structure
03
Setting up a family office
04
Apply for EP and get approval
05
Executing family office investment strategies
Benefits of Vanceguard
High success rate
The application success rate is as high as 96%
Singapore local team
Familiar with Singapore immigration policy, partner of Singapore Economic Development Board (EDB)
Lawyer certification
Our internal team of lawyers will handle your case strictly
Complete follow-up
Services: airport pick-up, house rental, maid recruitment, water and electricity connection, phone card and subway card processing, etc.
Professional Copywriting Team
Immigration specialists professionally customize, write, and polish immigration plans in Chinese and English, and assist in organizing the full set of materials
Private customization
Customers enjoy one-on-one exclusive service and customized immigration solutions
Full-Process Service
Material preparation, permanent residence application, overseas reception, etc.
Children's Education
Assist clients’ children with study abroad planning and admissions applications
Key to Successfully acquired Singapore PR
-
Reasonable family office structure, approved by the Monetary Authority of Singapore
-
Meet the family office operation requirements, such as: employing 3 professional investment members, spending at least 200,000 Singapore dollars on local business each year, etc.
-
Before the applicant converts the work visa to permanent residence, he must meet the Singapore residence requirements
-
In special circumstances, communicate with Vanceguard immigration consultants in time and make plans in advance
-
Immigration customers will tailor immigration plans according to their different situations, and customers need to actively cooperate in providing the materials required for the application.