Singapore ranks as the top location for new residencies among high-net-worth (HNW) individuals globally, according to HSBC. In its Global Wealth Hubs Report, HSBC said the robust financial infrastructure, business-friendly regulations, and high quality of life in the city-state continue to attract entrepreneurs and investors looking for stability and growth opportunities. The firm also noted its favorable wealth management policies, which have led to a surge in Single Family Offices (SFOs). The number of SFOs in Singapore has increased from 400 in 2020 to 1,650 as of 2024, demonstrating the growing importance of the country as a private wealth hub. https://sbr.com.sg/residential-property/news/singapore-ranks-top-choice-high-net-worth-individuals-report (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 3 March 2025