Wealthy Indians line up to open family offices in Singapore
Several Indian families are making enquiries about opening a family office in Singapore as they seek to diversify their investments and reduce home bias, according to industry experts.
A growing number of Indian families are exploring the possibility of setting up family offices in Singapore as they seek to diversify investments in low-tax jurisdictions.
There has been a significant uptick in enquiries from wealthy Indians wanting to set up family offices abroad and Singapore is a preferred choice,” Mohit Ralhan, global CEO and managing partner of TIW Capital Group told AsianInvestor.
“This has also got impetus due to a change in overseas investment rules in A…
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