Hong Kong Continues to Attract Financial Heavyweights with Its Vibrant Economy and Art Scene

💼Hong Kong has over 2,700 single family offices, with a significant number falling into the category of assets exceeding $100 million USD.

🌏Hong Kong is striving to become a family office hub and is actively attracting family offices from around the world through various policies and initiatives.

💰The government of Hong Kong is implementing tax concessions and capital entrance schemes to incentivize family offices to set up and invest in the region.

🌐Hong Kong is positioning itself as a diversified and cosmopolitan city, offering a wide range of asset classes and professional services for family offices to explore and diversify their wealth.

🏦Hong Kong's deep and broad talent pool, access to the mainland market, and the breadth of its professional services make it a unique and competitive choice for family offices.

How many single family offices does Hong Kong have?

—Hong Kong has over 2,700 single family offices, with a significant number falling into the category of assets exceeding $100 million USD.

What initiatives is Hong Kong implementing to attract family offices?

—Hong Kong is implementing tax concessions and capital entrance schemes to incentivize family offices to set up and invest in the region.

Why is Hong Kong an attractive destination for family offices?

—Hong Kong is attractive for family offices due to its status as a national financial center, its vibrant society economy and art scene, and its diverse range of asset classes and professional services.

What sets Hong Kong apart from other family office hubs?

—Hong Kong's deep and broad talent pool, access to the mainland market, and the breadth of its professional services make it a unique and competitive choice for family offices.

What is Hong Kong's vision for the future of family offices?

—Hong Kong aims to become a leading family office hub by attracting family offices from around the world and providing a conducive environment for them to grow and diversify their wealth.

00:00Hong Kong is pitching itself as an attractive destination for financial heavyweights, boasting its status as a national financial center and its vibrant society economy and art scene.

01:12Hong Kong has over 2,700 single family offices, with a significant number falling into the category of assets exceeding $100 million USD.

02:56The government of Hong Kong is implementing tax concessions and capital entrance schemes to incentivize family offices to set up and invest in the region.

05:25Hong Kong's deep and broad talent pool, access to the mainland market, and the breadth of its professional services make it a unique and competitive choice for family offices.