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Family office jurisdictions - choosing the right one
The International Family Offices Journal
Vol. 2 - Iss. 3 pp. 39–44
Mar 2018
Van Bueren and Ming, both at FOSS Family Office Services Switzerland, in Zurich, review a number of jurisdictions for family offices. They list the factors to consider - the location of some or all of the family members, the location of the assets, the supply of needed staff, reliable infrastructure and available expertise, legal form, data protection and privacy, and finally taxation and costs. The family office might need more than one location. They note that wealthy families often have assets in multiple countries: ?when assets are spread all over the world, which is often the case with wealthy families, the family should clearly consider adding jurisdictions to the longlist that are centrally located in respect of those assets, also taking time-zones into account?.