What is a Family Office?
Against the backdrop of increasing wealth growth in Asia, more and more families are consolidating wealth in Singapore through formal structures such as the Family Office. In March 2019, MAS and the Singapore Economic Development Board (EDB) jointly established the Family Office Development Team (FODT) to enhance Singapore’s competitiveness as a global wealth management and family office hub. FODT aims to improve the operating environment of the family office, deepen the skills of family office professionals and service providers and build a stronger community of family offices.
With the tremendous growth of wealth and prosperity in the region over the last decade, the number of ultra-rich individuals and families has grown exponentially. Asia has one of the fastest growing populations of High Net Worth Individuals (HNWI). HNWIs strive to maintain, grow and pass on their wealth to future generations, so it makes sense to look for a selected location with quality that will help manage and grow their wealth. Singapore is one of the preferred locations due to its position as a major financial center. Not only is it a stable and well-regulated financial center, but it also has asset-friendly regulations and attractive taxation. With a rich pool of private banking, wealth management, legal and financial talent, Singapore has become one of the most attractive places to start a family office.
The main applicants for the Singapore Family Office are required to establish two companies in Singapore, an investment trust company and a family office. Key applicants manage their investable assets through the Family Office and enjoy tax exemptions from the Monetary Authority of Singapore. At the same time, the main applicants will receive an Employment Pass (EP) to live with their family in Singapore. Applicants with a minimum net worth of USD 5 million can apply for permanent residence (PR) in Singapore after holding the EP for at least 6 months. Spouses and unmarried children under the age of 21 can apply for a relative’s passport, and parents can apply for a long-term visit pass.

As a full-suite business solution provider, we have the expertise to support the Family Office and help the wealthy and their families use Singapore as the foundation for managing their wealth.

What We Do
  • Advisory and Implementation: For family offices interested in venture capital, there exists a vibrant startup ecosystem in Singapore. Get expert opinion from our panel of advisors and know more about implementation procedures.
  • Advisory Fund Transfers Options: We understand the difficulties of transferring funds out of certain countries, get in touch with us to find out the solutions we have for certain countries.
  • Advisory International / Local Schools: Now that you have decided to move into Singapore, you might get confused on the numerous schooling and tertiary education service providers in Singapore. Don’t just give the best, but give the right choice to your children. Let us help your children choose the right international or local school while living in Singapore.
  • Advisory Property (Rental / Investment): As an Expat or PR holder in Singapore you are spoiled with options in terms of accommodation. You may want to rent out properties in areas flourished with expats or you may be looking for direct investment in property. Our experts can advise you on the rental or investment aspects based on your individual requirements and resources.
Consulti Pte. Ltd.
Our Process flow

Our Advantages

Experienced Team

Consulti's goal is to provide our high net worth clients with competent immigration solutions to transit in this ever-changing world. Our services, shaped by years of direct experience, have helped our clients and their families move to Singapore, run their businesses and provide real connections for success. Our team has over 20 years of experience in incorporating companies worldwide and providing immigration solutions and their wealth of experience has made our clients transitions efficient and effortless.

One Stop Solution

Consulti was formed with a team of experienced service providers and partners with a goal of providing our clients a holistic solution for all their needs. Our team has managed small to large corporations with cash management solutions, trade financing needs and investments internationally. With the team’s relationship with the banking corporations across Singapore, our clients are given access and gain useful insight into the requirements and options available to them. That makes us a one stop center for all your business registration, operations and immigration needs in Singapore.

Ease of Family Transition

The life of a foreigner can be refreshing, exciting and enriching in Singapore. Few places cover this formula better than Singapore, a city-state surrounded by jungle. In a densely populated country of skyscrapers where temperatures rarely drop below 27°C, finding your place in the crowd, whether you're a foreigner or moving to Singapore as a family - it's simple. Our relationship management ensures a hassle free transition for you and family from understanding the education systems for your children and into renting or investing in Singapore properties.

Local Representation

Not just for corporate companies and SMEs, but also for your personal requirements we are here to represent and get you connected. You can entrust with us your objectives and we are all set to materialize the same. Get in touch with us for any requirements.

Family Office
Ways to Engage Us

Thrilled to know more about family offices in Singapore and pricing? Download the brochure for more details.

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