Cash oUt Crypto

Integrating Crypto into Family Office Wealth Plans

by insights

Integrating Crypto into Family Office Wealth Plans: Advice, Management, Compliance, and Cash Out Crypto

Cash oUt Crypto

As cryptocurrency cements its place in modern portfolios, high-net-worth individuals and digital entrepreneurs increasingly ask:

“How can I integrate my crypto holdings into a comprehensive wealth plan—legally, securely, and efficiently?”

For many, the answer lies in the family office model, particularly when leveraging crypto-friendly hubs like Singapore and Hong Kong. Discover why Malaysian family offices are gaining prominence →

By combining the institutional rigor of family offices with insights on banking options from Switzerland, Liechtenstein, the Isle of Man, Panama, and the U.S., you can both preserve your holdings and cash out crypto securely and compliantly in 2025.

1. Why Family Offices Are the Ideal Bridge

Family offices are bespoke wealth-management structures that go beyond mere investment advice. Traditionally, they’ve handled real estate, trusts, and legacy planning. Today, they also:

  • Advise on crypto asset holdings, ensuring you adopt best practices in custody and security
  • Structure legal crypto-to-fiat conversions, coordinating with regulated custodians and banks
  • Manage cross-border asset flows, exploiting favorable jurisdictions for privacy and tax efficiency
  • Ensure full regulatory and tax compliance across multiple territories

Unlike exchanges or DeFi solutions, family offices focus on asset protection, discretion, and generational planning—crucial for serious crypto holders seeking to “land” their wealth.

2. Who Can Cash Out Crypto—and How Family Offices Help

Banks segment crypto clients into three profiles, each with differing onboarding hurdles:

Profile Description Banking Difficulty
Early Adopters Bought and held Bitcoin/ETH since its early days Easy
Crypto Traders Regular trading (dozens–thousands of txns/month) Medium
High-Risk Buyers OTC or unverified sources (e.g. P2P or dark pools) Hard

Most family-office clients fall under the Trader category. The family office will:

  1. Consolidate and credential your trading history
  2. Prepare and certify 3–6 months of exchange statements (or an audited ledger)
  3. Package a robust back-story of your original source of funds

This materials pack helps banks assess and accept your profile more smoothly.

3. Deposits and Jurisdictional Options

When you’re ready not just to convert but to cash out crypto, private and premier banks typically require minimum deposits. Family offices guide you to the right hubs and outline the exact cash-out thresholds:

Jurisdiction Minimum Deposit (Crypto-to-Fiat) Key Advantages
Singapore USD 300–500 K Fast onboarding, clear MAS regulations (PS Act)
Hong Kong USD 500 K–1 M SFC-regulated, VATP licensing, institutional focus
Switzerland USD 1–2 M Sophisticated private banking, wide citizenship list
Liechtenstein USD 1–3 M Crypto-friendly, robust compliance teams
Isle of Man USD 1–5 M Direct custody solutions, favorable trust laws
United States USD 250 K–1 M Evolving crypto regulations under recent admin

Note: These minimums generally align with each jurisdiction’s high-net-worth or professional-investor definitions—for example, Singapore’s Accredited Investor status (income ≥ S$300,000 or financial assets ≥ S$1,000,000 SGD), Hong Kong’s Professional Investor threshold (portfolio ≥ HK$8,000,000), and Switzerland’s private-banking AUM requirement (CHF 1,000,000+). Lower thresholds may exist at select banks, but most private-banking teams comfortable with crypto source-wealth start at the levels above.

4. Overcoming the Main Onboarding Challenges

Family offices streamline the four biggest hurdles:

  1. Selecting the Right Bank
    • Answer five key questions: citizenship/residency acceptance, deposit size, transaction support, and document requirements.
    • Your family office advisor pre-screens banks on your behalf.
  2. Making the Introduction
    • Direct referrals or “banker introductions” significantly shorten wait times and reduce rejection risk.
    • Family offices leverage their network for warm intros.
  3. Managing Risk Ratings
    • Very large deposits (> USD 1 M) can actually trigger higher risk profiles.
    • A family office helps you structure staggered deposits or hybrid deposits (cash + crypto).
  4. Documenting Crypto Source-Wealth
    • Compile exchange statements (name, address, transaction history).
    • For high-frequency traders, arrange a certified audit of your wallet/exchange activity.
    • Draft a clear narrative of your transactions to prove you can cash out crypto without compliance flags

5. Integrating Crypto into Your Broader Wealth Plan

Beyond immediate cash conversion, family offices ensure your crypto assets fit seamlessly into:

  • Plan your cash-out strategy—define triggers and thresholds for when to cash out crypto as part of your legacy plan
  • Trust & Estate Structures: Crypto-holding trusts, multi-jurisdictional wills
  • Offshore Banking: Diversified bank accounts in top hubs
  • Tax Optimization: Leveraging favorable regimes in Singapore or Hong Kong
  • Legacy Planning: Passing on digital wealth with minimal friction

Final Thoughts

Crypto isn’t just a standalone investment—it’s a strategic component of modern wealth management. By partnering with a qualified family office, you gain:

  • Comprehensive planning: From custody to cash conversion
  • Regulatory confidence: Full compliance with MAS, SFC, SC Malaysia, and beyond
  • Privacy & protection: Structuring assets for long-term preservation
“Integrating and monetizing digital assets requires both financial sophistication and institutional backing.”

If you’re ready to bring your crypto into the fold of your family’s wealth strategy, speak with a family office specialist today for a confidential assessment and tailored roadmap.

Sources

TIMELESS Family Office Specialist
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Family Office in Malaysia: 6 Major Reasons You Must Know Now

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Family Office in Malaysia: Why You Must Know This Now (2025 Outlook)

Last updated: Family Office Malaysia Forest City SFZ Family Office Incentive Scheme
Family Office Malaysia 2025

The global family office sector is expanding rapidly — and Malaysia is now positioning itself as one of Asia’s next major family office hubs. From 0% tax incentives to the new Special Financial Zone, 2025 marks a critical turning point.

Here’s everything you need to know about why Family Office in Malaysia is gaining attention now, what opportunities exist, and why talent and readiness remain key challenges.

Global & Asia Family Office Market: The Shift

The global family office sector has grown significantly, managing approximately $3.1 trillion in assets (2024), with projections estimating an increase to $5.4 trillion by 2030.

Notably, the Asia-Pacific region has surpassed Europe in the number of family offices, hosting 2,290 compared to Europe’s 2,020. This highlights Asia’s rising prominence in wealth creation and long-term family governance.

Asia is now the fastest-growing region for ultra-high-net-worth families, driving new demand for advisors, governance experts, and compliant wealth structures.

Why 2025 Is a Pivotal Year for Malaysia

In Malaysia, 2025 marks a turning point. The Madani Government has introduced the Family Office Incentive Scheme and established the Forest City Special Financial Zone (SFZ), signaling a strong commitment to positioning Malaysia as a competitive family office hub in Southeast Asia.

Below are the key reasons why understanding the family office landscape in Malaysia matters now.

1) Malaysia’s Government Focus: The New Family Office Incentive Scheme

On 20 September 2024, the Malaysian government launched a new Family Office Incentive Scheme under the Forest City Special Financial Zone (SFZ), offering a 0% tax rate for up to 20 years to eligible Single Family Office Vehicles (SFOV1).

Key BenefitsDescription
Zero Percent Tax Rate20-year tax exemption on income from eligible investments
Strategic LocationMust operate within Forest City SFZ with future-ready infrastructure
AUM RequirementMinimum RM30 million assets under management
Local InvestmentAt least 10% of AUM or RM10 million invested locally
Operational SpendingMinimum RM500,000 annual OPEX in Malaysia

For full guidelines, visit the Securities Commission Malaysia announcement .

These incentives raise an important question: Does Malaysia have enough talent, advisory readiness, and ecosystem support to manage the incoming and existing wealth? Today, the answer is largely — not yet.

If you are exploring an international family office, one of Asia’s top firms has now set up in Malaysia. You may make an appointment to speak with their consultant.

2) Family Office Opportunity Cost (Global Examples)

Globally, family offices demonstrate massive long-term gains in wealth preservation, governance, and tax optimisation. Here are real examples showing why they matter:

  • Eduardo Saverin (Facebook Co-Founder): After moving to Singapore and setting up his family office, he reportedly saved $288 million in taxes — showing how strategic structuring can deliver significant advantages.
  • Kuok Meng Xiong (K3 Ventures): Linked to the Kuok family office in Singapore, K3 invested early in companies like ByteDance and Grab — demonstrating how family offices can accelerate tech innovation in the region.
  • Joseph Tsai (Alibaba Co-Founder): His family office purchased the Brooklyn Nets for $3.5B (2019). By 2024, the team was valued at $4.8–$5.6B — a gain of up to $2.1B in 5 years.

If you are exploring strategic wealth structuring, you may want to review: How to Set Up an Offshore Trust in Malaysia .

3) Asia’s Wealth Boom & the Growing Talent Gap

By 2027, Asia is expected to have approximately 210,000 ultra-high-net-worth individuals (UHNWIs), each with at least USD 30 million (RM141 million) in wealth. This reflects a growth of nearly 40% from 2022.

With this surge, Asia’s demand for governance advisors, succession planners, trust specialists, and multi-jurisdiction wealth experts is outpacing supply — especially in Malaysia.

This widening talent gap creates opportunities for advisors, financial planners, lawyers, trust officers, and next-gen owners to upskill.

Global Wealth Owners Choosing Asia Hubs

Many high-net-worth individuals in Asia manage their wealth through family offices located in Singapore or Hong Kong. Below is a snapshot of notable individuals with Asia-based family offices:

Name Net Worth (2025) Description Country Industry Family Office Name Major Investments Philanthropy Year Established Education Awards
Sergey Brin $143 billion Co-Founder of Google Singapore Technology Brin Family Office Real estate, AI startups Brin Wojcicki Foundation 2005 Stanford University Marconi Prize, National Medal of Technology
Mukesh Ambani $104 billion Chairman of Reliance Industries Singapore Energy, Retail Reliance Family Office Oil, telecom, retail Reliance Foundation 1981 Institute of Chemical Technology Business Leader of the Year
Liang Xinjun $2.3 billion Co-founder of Fosun Group Singapore Investment Fosun Family Office Healthcare, real estate Fosun Foundation 1992 Fudan University Top 10 Chinese Entrepreneurs
Ray Dalio $15.4 billion Founder of Bridgewater Associates Singapore Finance Dalio Family Office Hedge funds, global real estate Dalio Foundation 1975 Harvard Business School Philanthropist of the Year
Jack Ma $27.2 billion Founder of Alibaba Group Hong Kong Technology, E-commerce Lakeside Partners E-commerce, fintech, AI Jack Ma Foundation 1999 Hangzhou Normal University Asia’s Heroes of Philanthropy
Li Ka-shing $31.0 billion Hong Kong business magnate Hong Kong Conglomerate Horizon Ventures Biotech, real estate, tech Li Ka Shing Foundation 1950 None Grand Bauhinia Medal
Joseph Tsai $12.1 billion Co-Founder of Alibaba Group Hong Kong Technology, Investment Blue Pool Capital Sports franchises, private equity Tsai Foundation 2012 Yale University Business Person of the Year
James Dyson $15.1 billion Founder of Dyson Singapore Technology, Consumer Goods Weybourne Group Tech, robotics, property James Dyson Foundation 2013 Royal College of Art Order of Merit, Royal Designer for Industry

Many wealthy Malaysians currently structure their wealth abroad due to Malaysia’s talent gap and limited family office ecosystem. CEOs in Asia’s family office sector earn between SGD 158,001 and SGD 500,000 annually (KPMG) — excluding bonuses — reflecting the specialised nature of the industry.

FIAM is committed to helping Malaysia close this gap by training advisors with international family office experts. Subscribe below to receive updates on family office Malaysia, offshore trusts, and inheritance planning.

4) Malaysia Redefines Minimum Net Worth for Family Offices — RM10 Million AUM

Traditionally, establishing a family office required high entry thresholds:

  • Singapore: SGD 10 million (≈ RM35 million)
  • Hong Kong: HKD 240 million (≈ RM140 million)

In contrast, Malaysia — through the Labuan International Business and Financial Centre (Labuan IBFC) — now allows family office structures with a minimum of just RM10 million AUM.

This policy change is expected to:

  • Encourage more Malaysian entrepreneurs to adopt formal wealth structures
  • Attract regional families seeking cost-effective jurisdictions
  • Increase demand for financial, legal, tax, and succession planning services
  • Boost awareness of governance and wealth preservation practices

5) Malaysia’s Family Office Sector Is Accelerating — From RM400 Million to RM2 Billion

Malaysia’s family office expansion is already underway. According to The Star, the Securities Commission (SC) reported that Malaysia’s Single Family Office assets under management reached RM400 million in 2025.

Powered by clearer SC guidelines and the 0% tax incentive from the Forest City Special Financial Zone (SFZ), Malaysia is rapidly becoming an attractive destination for wealth owners.

Even more striking, the SC targets RM2 billion in SFO AUM by 2026 — a fivefold leap in just one year.

This shows that Malaysia is no longer “planning” to enter the global family office arena — it is already scaling and attracting serious interest.

6) Tailored for New Wealth: Crypto, NFTs & Digital Assets

Modern family offices are expanding beyond traditional assets. Today’s portfolios increasingly include crypto holdings, NFTs, tokenised assets, and digital art.

Malaysia’s regulatory openness and flexibility position it as a promising jurisdiction for families who want secure, compliant ways to structure emerging digital wealth.

As digital assets become mainstream, Malaysia’s early framework gives it a competitive edge among Asian financial centres.

Understanding Family Offices

A family office is a private wealth management advisory firm that serves ultra-high-net-worth investors. Family offices are distinct from traditional wealth management shops in that they offer a total outsourced solution to managing the financial and investment side of an affluent individual or family.

History: The concept began with the Rockefeller family in the late 19th century, who pioneered this approach to consolidate management of the family’s sprawling empire under a single office.

 

Types of Family Offices

FIAM illustration

Family offices come in several models depending on a family’s size, complexity, assets, and control preferences. Malaysia’s current incentive scheme focuses primarily on the Single Family Office (SFO), but the broader region sees multiple operational models.

  • Single Family Office (SFO): Dedicated to the wealth and personal affairs of one family, offering full confidentiality and bespoke services. Malaysia’s current incentive scheme supports SFOs under the SFOV1 category.
  • Multi-Family Office (MFO): Serves multiple families with cost-sharing benefits and access to broader expertise. Suitable for families that do not require a standalone office.
  • Virtual Family Office (VFO): Digital-first operations leveraging outsourced specialists, ideal for globally mobile families seeking lower overhead.
  • Embedded Family Office (EFO): Integrated within a family-owned business, unifying business strategy with long-term wealth preservation.
  • Hybrid Models: Combine SFO, MFO, and VFO characteristics depending on governance, cost, and control requirements.

Top Asia Family Offices in the Global Top 100

Asia's wealth landscape continues to scale rapidly, and several regional family offices now appear in global top 100 rankings. These offices represent institutional-grade structures built around multi-generational wealth.

World Rank Family Office Country / Region Owner / Notable Figure
19Hartono Family OfficeIndonesiaHartono Family
21Indorama Capital HoldingsAsiaAloke Lohia
26Yoovidhya Family OfficeThailandYoovidhya Family (Red Bull)
33PremjiInvestIndiaAzim Premji
37Sunrise Capital ManagementAsiaNot publicly disclosed
62AT Capital GroupSingaporeArvind Tiku
81Wah Hin & CompanySingaporeTan Family
84Yamauchi No. 10JapanYamauchi Family (Nintendo)
95Catamaran VenturesIndiaNR Narayana Murthy

Family Office Structure in Malaysia

Family Office Structure

Malaysian family offices are now aligning with global best practices thanks to the newly launched Forest City Special Financial Zone (SFZ) framework. Structures are designed to combine investment control, governance, tax efficiency, and long-term succession planning.

Key Roles & Hierarchy

  • Family Principal: Sets mission, risk appetite, and long-term direction.
  • Chief Executive Officer (CEO): Leads operations and coordinates teams.
  • Chief Investment Officer (CIO): Oversees investment allocation and risk.
  • Chief Financial Officer (CFO): Handles tax, compliance, and financial controls.
  • Legal Counsel: Manages trust structures, regulatory compliance, and estate matters.
  • Accountants & Analysts: Support reporting, budgeting, and investment tracking.

Malaysian family office teams can range from lean 2–4 person setups to full global teams depending on wealth complexity.

Comparison: Family Offices in Malaysia, Singapore & Hong Kong

Malaysia’s new 0% tax incentive in the Forest City SFZ puts it on the map as a rising family office hub, but the ecosystem still trails Singapore and Hong Kong in maturity, talent depth, and liquidity.

  • A new and untested regulatory framework
  • A limited talent pool in governance, trusts, and cross-border planning
  • A smaller capital market compared to other hubs

The table below provides a regional comparison:

Feature Singapore Hong Kong Malaysia
Legal EntitiesPte Ltd, Trust, VCCLLC, TrustSdn Bhd, Trust, Labuan entities
RegulatorMAS, ACRASFCSC, SSM, Labuan FSA
Tax Incentives13O / 13U exemptionsProposed concessions0% tax for SFOV1 in SFZ
Market Size1,100+ family offices~200 family officesFirst SFOs launched 2025
Preferred StructuresHolding + fund + FOInvestment vehiclesSFO / SFOV
LicensingSFO exemptionsLicensing requiredRegistration; exemptions apply
Investment VehiclesVCC, TrustsLLCs, TrustsSdn Bhd, Labuan Foundations
CompetitivenessGlobal leaderRegional powerhouseRapidly emerging

FAQs

What is a Family Office (FO)?

A Family Office is a private wealth management advisory firm that provides a total outsourced solution for managing the financial, investment, and personal affairs of an ultra-high-net-worth individual or family.

What are the main types of Family Offices?

The main types are **Single Family Office (SFO)**, which manages wealth for one family (currently offered under the government incentive scheme), and **Multi-Family Office (MFO)**, which serves multiple families, often providing cost-sharing benefits.

What is the major incentive offered by the Malaysian government to attract Family Offices?

The government introduced the **Family Office Incentive Scheme** under the **Forest City Special Financial Zone (SFZ)**, which offers a **0% tax rate** for up to 20 years to eligible **Single Family Office Vehicles (SFOV1)**.

What is the minimum Asset Under Management (AUM) required to establish a Family Office in Malaysia?

Malaysia offers an accessible entry point through the **Labuan International Business and Financial Centre (Labuan IBFC)**, lowering the requirement to just **RM10 million** in Assets Under Management (AUM). Note that the Forest City SFZ incentive requires a minimum of RM30 million AUM.

What are the key eligibility requirements for the Forest City SFZ incentive scheme?

Key requirements for the SFOV1 include a minimum of **RM30 million** in managed assets, a minimum annual operational spending of **RM500,000** in Malaysia, and at least **10% of the AUM** or **RM10 million** must be invested locally.

What is the growth outlook for the Family Office sector in Malaysia?

The sector is accelerating rapidly. The Securities Commission (SC) is targeting a fivefold jump to **RM2 billion** in SFO AUM by **2026**, up from RM400 million in 2025.

Can a Family Office in Malaysia manage digital assets?

Yes. Modern Family Offices are tailored to manage new forms of wealth. Malaysia's regulatory openness allows FOs to securely manage emerging assets such as **crypto holdings, NFTs, tokenised assets, and digital art**.

How does Malaysia compare to established wealth hubs like Singapore and Hong Kong?

While Singapore and Hong Kong are mature hubs, Malaysia is rapidly improving its competitiveness with the 0% tax incentive in the SFZ and a lower AUM threshold (RM10 million via Labuan), positioning it as a competitive, cost-effective option.

Conclusion

Malaysia’s family office framework is now officially active, and the first SFOs have already gone live. Early adopters—both families and professionals—stand to benefit the most as regulations, talent, and ecosystem support continue to develop.

As the saying goes: the early bird catches the worm. Those who understand family offices now will be best positioned before the next wave of adoption arrives.

Explore ways to safeguard your family's financial future with a complimentary 30-minute consultation (worth RM500)

Discover strategic wealth planning solutions tailored to your family’s needs with our complimentary consultation on trust structuring. We understand that every family has unique financial goals and challenges, requiring personalized approaches to long-term asset protection.

During your consultation, our experts will explore suitable trust structures aligned with your objectives, ensuring a smooth transition of wealth for future generations.

Schedule your free consultation today to gain insights into effective wealth preservation and legacy planning

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Family Office Landscape in the Europe

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Family Office Landscape in the Europe

Event Information

📅 Date: 11 March 2024 (Tuesday)
🕕 Time: 2:00PM – 4:00 PM
📍 Venue: 37-3A & 37-05 Menara Eco World (formerly known as Menara The Stride)
* Free Parking – LaLaport
☕ Light Refreshments: Coffee, tea and dessert
🔖 Fee:  Free

The talk is free this month! Limited-time offer – don’t miss out!

Event Outline

Join our guess speaker Ms Patricia Boon as she introduces a dynamic overview of Europe’s family office landscape, highlighting its evolving structures, strategic diversification, and increasing sophistication. Emphasizing tailored wealth management, intergenerational planning, and global investment opportunities, she reveals how European family offices are adapting to complex regulatory frameworks and market innovations for sustainable growth worldwide.

patricia pic

Ms Patricia Boon

Patricia is ranked as a ‘Next Generation Partner’ in the 2024 edition of The Legal 500, where she is singled out for her pragmatic approach to advising high net worth individuals within and outside the UK. She is also recognised in Private Client Global Elite’s ‘Global Excellence’ listing.

As a Partner in the Private Client team, Patricia has in-depth expertise in all relevant areas of UK tax. She advises ultra high net worth individuals across the full range of personal estate planning and succession matters, including advising on will planning, cross-border estate planning, mental capacity issues, and asset protection. She frequently advises on the creation of non-UK resident trusts (including PTC structures), as well as reviewing existing structures, and advising on the termination of trusts.

With a particular specialism in advising Asian families on cross-border family governance, Patricia frequently travels to the region to advise on succession planning for owners of family businesses and structuring assets for passing down to the next generation in a sustainable manner. Patricia has particular expertise in dealing with multi jurisdictional matters, enabling her to quickly identify the most suitable structures for clients with cross jurisdictional touchpoints.

Her wide network of intermediaries allows her to help clients identify the right service provider for their needs and requirements, particularly in cases where they are considering setting up a trust and need advice choosing a trustee with whom they can establish a long-term relationship.

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With a team of seasoned professionals across key financial centers such as Singapore, Hong Kong, Shenzhen, Taipei, Kuala Lumpur, Dubai, London, Vienna, Geneva, the British Virgin Islands, the Cayman Islands, and the Marshall Islands, we recognize the significance of preserving family legacies and are dedicated to helping you achieve a seamless and sustainable transfer of wealth across generations.
Visit Timeless Family Office

Register Now

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Media Coverage

media enanyang Sep2025

Sep 10, 2025

FIAM co-hosts the first Asia-Pacific Family Office Forum together with the Securities Commission Malaysia, working hand in hand to promote the single-family office framework onto the international stage.

eNanyang
media malaysiakini Sep2025

Sep 8, 2025

Pioneering the Future of Family Offices — FIAM & SC Malaysia at the First Asia Pacific Forum in Taipei

MalaysiaKini

Oct 17, 2024

Our President, Vicky, on ZFounderClub shares: 🇲🇾 The greatest opportunity for Malaysia’s economic takeoff? How the Family Office is fueling the growth of Forest City!

Youtube
fiam enanyang adv1c

Apr 1, 2024

Timeless International Family Office Enters Malaysia, Marking a New Milestone in Global Expansion

eNanyang

Mar 23, 2024

Timeless International Family Office Opening Ceremony

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Top 10 Family Office and Offshore Trust Developments 2024

by insights

Top 10 Family Office and Offshore Trust Developments in the World 2024

top10 fo ota 2024 1

Family offices and offshore trusts saw significant advancements in 2024, shaping how high-net-worth individuals manage their wealth. From innovative legislative reforms to strategic financial incentives, 2024 positioned several countries, including Malaysia, as critical players in this evolving landscape. Below are the top 10 Family office & Offshore trust events ranked by importance (1 to 5), with 5 being the most impactful.

1. Malaysia’s Family Office Initiatives in Forest City (October 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
Malaysia introduced a 0% tax rate for family offices in Forest City’s Special Financial Zone (SFZ), aiming to attract global high-net-worth individuals and cement its position as a wealth management hub in Asia.
Read Full Article

2. UK’s Autumn Budget and Offshore Trusts (December 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
The UK announced sweeping changes to offshore trust taxation, starting April 2025, including tighter inheritance tax (IHT) rules, drastically reshaping estate planning for UK residents.
Read Full Article

3. Hong Kong’s Crypto Tax Exemptions (November 2024)

Rating: ⭐⭐⭐⭐⭐ (5/5)
Hong Kong proposed tax breaks for family offices investing in cryptocurrencies, enhancing its position as a leading offshore financial hub.
Read Full Article

4. Cayman Islands Abolish Rule Against Perpetuities (August 2024)

Rating: ⭐⭐⭐⭐ (4/5)
The Cayman Islands removed trust duration limits, allowing indefinite trusts to enhance global succession planning opportunities.
Read Full Article

5. Singapore Tightens Family Office AML Regulations (December 2024)

Rating: ⭐⭐⭐⭐ (4/5)
Singapore introduced stricter anti-money laundering (AML) compliance rules for family offices, requiring annual reporting and adherence to robust due diligence practices.
Read Full Article

6. Scotland’s Legislation on Private Purpose Trusts (Jan 2024)

Rating: ⭐⭐⭐ (3/5)
The Trusts and Succession (Scotland) Act 2024 introduced private purpose trusts (PPTs), offering new structuring opportunities but raising concerns about misuse.
Read Full Article

7. Abolition of the Non-Dom Tax Regime (December 2024)

Rating: ⭐⭐⭐ (3/5)
The UK abolished its non-dom tax regime, introducing stricter rules for offshore trusts effective April 2025.
Read Full Article

8. Global Trends in Family Offices (January 2024)

Rating: ⭐⭐⭐ (3/5)
Family offices globally embraced resilience and diversification strategies to navigate market uncertainties.
Read Full Article

9.DBS Launches Multi-Family Office VCC Service (July 2024)

Rating: ⭐⭐ (2/5)

DBS Private Bank introduced a service for ultra-wealthy families using the Variable Capital Companies (VCC) framework in Singapore, simplifying asset management.

Read Full Article

10. Trust Law Developments in Offshore Jurisdictions (December 2024)

Rating: ⭐⭐ (2/5)
Updates in Guernsey, Jersey, and other jurisdictions enhanced trust governance but were less groundbreaking compared to other events.
Read Full Article

Conclusion: Looking Ahead to 2025

As 2024 concludes, Malaysia has solidified its position as a global leader in family office development. With groundbreaking initiatives in Forest City and a supportive regulatory environment, the country is set for even greater achievements in 2025. Stay tuned for more updates from FIAM, including the ‘Top 10 Family Office & Offshore Trust Development Forecast for 2025,’ in the ever-evolving world of family offices and offshore trusts!

Explore ways to safeguard your family's financial future with a complimentary 30-minute consultation (worth RM500)

Discover strategic wealth planning solutions tailored to your family’s needs with our complimentary consultation on trust structuring. We understand that every family has unique financial goals and challenges, requiring personalized approaches to long-term asset protection.

During your consultation, our experts will explore suitable trust structures aligned with your objectives, ensuring a smooth transition of wealth for future generations.

Schedule your free consultation today to gain insights into effective wealth preservation and legacy planning

Please enable JavaScript in your browser to complete this form.
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