Key Highlights

[00:07 – 07:14] Opening Segment

• Singapore is a key financial center in Asia and has been attracting entrepreneurs and family offices for years
• Singapore’s government has made efforts to attract capital and enhance tax incentives to keep families in the country
• There are several reasons why people are moving to Singapore

[07:15 – 18:59] From Tax Haven to Safe Haven: Tightening Tax Exemptions for Family Offices

• Traditionally, a tax haven was a place that offered secrecy, convenience, and tax savings
• There is a fine balance to be struck when it comes to the regulation of the crypto industry
• The government is keen to promote the fund management industryIncentives were originally targeted at hedge funds, PE funds, and venture funds 

[19:00 – 29:31] Aligning Singapore’s Migration to the State

• The number of family offices in Singapore has doubled since 2019
• Part of the job of a family office in Singapore is to advise patriarchs on how to set up a governance structure
• There has been a lot of activity in the local family office culture during Covid, but it’s still limited because people can’t travel
• Singapore has benefited from managing the covid pandemic relatively well, and its reputation has grown globally

[29:32 – 32:54] Closing Segment

• Edmund shares about his love for traveling 
• Connect with Edmund on the links below

Additional Links:

Linkedin: https://www.linkedin.com/in/edmund-leow-sc-4a8a5022a/?trk=public_profile_browsemap&originalSubdomain=sg 

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/