Exclusive | Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank

Hong Kong’s tax breaks and immigration policies to attract tycoons to set up family offices have been quite successful, as they have piqued the interest of many billionaires over the past year, according to a top banker.

“Hong Kong has a lot of viable reasons for people who are looking to set up family offices here, ranging from flexible regulations and immigration policies to low tax rates and active capital markets,” Paul Knox, managing director and senior wealth adviser at JPMorgan Private Bank Asia, said in an exclusive interview with the Post.

Source: TRADE FINANCE