Super-rich Chinese looking to park their wealth spurs Singapore family office boom
With its tax-friendly regime and political stability, Singapore has long been a haven for ultra-rich foreigners.
Source: dealstreetasia.com
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Disillusioned at home, super-rich Chinese set their sights on Singapore
SINGAPORE — Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's wealth. He's hoping that studying at a university in the Asian financial hub will lead to permanent residency and while the 26-year-old hits the books, his wife is out looking for a S$5-7 million penthouse. "Singapore is great. It is stable...
Source: asiaone.com