Family Office Immigration
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To qualify for a Single Family Office (SFO) tax exemption, clients must establish a holding company that owns 100% of the family office and manages exclusively the assets of the single family. Family members can function as senior executives in a Singapore Family Office and qualify for a senior Employment Pass (EP) by allocating and managing assets in Singapore (Employment Pass). Our Finance Team will assist our clients in filing for Permanent Residency Status (PR) in Singapore after two tax years in order to achieve their immigration objectives.
Benefits of Family Office(SFO)
- Fast ApprovalApplication period (4-6 months)
- Wealth InheritanceWealth management and family inheritance
- Overseas AssetsRealize overseas asset allocation
- Attractive Taxation SchemeApplicants may obtain Singapore tax residency through EP, which can avoid financial information exchange (CRS)
- Family ImmigrationWith (1) EP Holder, the whole family can obtain PR status
- Taxation ExemptionWith the qualified fund, the tax of its profit earnings will be exempted
Application Process
- 01Evaluation/Service Agreement Signing
- 02Make proposal according to the situation and needs of the client's family
- 03Plan family office structure
- 04Register family office & set up structure
- 05Register bank account
- 06Apply for EP and DP Dependent Pass
- 07Planning investment and financial goals
- 08Execute financial plan
- 09Apply PR and wait for approval
What's Next?
Eligibility
● No work, background, education or age requirements
● Invest S$10 million to S$50 million
● Sufficient account flow and tax payment (including salary and other expenses in Singapore), at least SGD 200,000 per year, excluding investment funds
● Invest S$10 million to S$50 million
● Sufficient account flow and tax payment (including salary and other expenses in Singapore), at least SGD 200,000 per year, excluding investment funds
Standards of Approval
● The main applicant obtains an EP through the family office that manages himself or the family's own assets. After the EP has been held for 6 months, the conditions can be applied for Singapore Permanent Resident Status (PR).
● While the applicant holds the EP Pass, the spouse and children under the age of 21 can apply for a Dependent Visa (DP).
● When EP applies for PR, the applicant's spouse and children under the age of 21 can submit a PR application together as a dependent applicant.
● The applicant's parents and their children over 21 years old cannot apply for PR together, but the parents can apply for a Long Term Visit Pass (LTVP) valid for 5 years
● While the applicant holds the EP Pass, the spouse and children under the age of 21 can apply for a Dependent Visa (DP).
● When EP applies for PR, the applicant's spouse and children under the age of 21 can submit a PR application together as a dependent applicant.
● The applicant's parents and their children over 21 years old cannot apply for PR together, but the parents can apply for a Long Term Visit Pass (LTVP) valid for 5 years
Skyline Business Consulting Pte Ltd, a Skyline Business Group affiliate, was established in Singapore in 2011. After more than a decade of growth, we are now able to provide a wider range of services, including company incorporation, immigration, education, investment, and translation. Our company is constantly striving to provide the highest quality work while also assisting our clients in achieving their objectives in an engaging way.
Contact us now
Contact us
Wechat: sgtianyu123
Tel: +65-64388369 +65-65340985
Fax: +65 6534 3785
Email: skylinetbm@gmail.com
Address: 133 New Bridge Road, #15-07, Chinatown Point, Singapore 059413
Tel: +65-64388369 +65-65340985
Fax: +65 6534 3785
Email: skylinetbm@gmail.com
Address: 133 New Bridge Road, #15-07, Chinatown Point, Singapore 059413
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