As global wealth continues to shift towards Asia, Hong Kong is emerging as the preferred destination for ultra-high-net-worth (UHNW) families and their family offices. With a low-tax environment, transparent regulatory framework, and extensive international financial networks, Hong Kong ranks third in the Global Financial Centres Index (GFCI), behind London and New York, and is projected to surpass Switzerland by 2027 to become the world’s largest center for cross-border wealth management.

| Hong Kong offers a unique strategic advantage

Within a five-hour flight, half of the world’s population is reachable, and it maintains strong economic connectivity with China’s Greater Bay Area. Its common law system, bilingual environment (English and Chinese), and professional legal and financial infrastructure provide a secure and efficient foundation for cross-border wealth management. Currently, more than 2,700 family offices operate in the city, supported by over 42,000 skilled professionals, creating a mature and robust financial ecosystem.

The government provides a range of tax incentives, including a profit tax exemption for single-family investment holding vehicles (FIHVs), with no prior approval required. In addition, the FamilyOfficeHK team offers dedicated support to help family offices establish and operate in Hong Kong.

With free capital flow, no capital gains tax, and a stable Hong Kong dollar, the city attracts family offices seeking opportunities in emerging sectors, from AI and blockchain to green finance and sustainable energy. As Cameron Harvey, CEO of Landmark Family Office, notes:

“Hong Kong is undoubtedly the most attractive hub for family wealth management in Asia and globally.”