Publications
U.S. Trust and Estate Planning 美國信託規劃實務(英文部分)
Chapter 5 The Rise of the Global Family Office
What role does Europe play for Cross-Border Wealth Creators?
Europe, particularly the European Union (EU), plays a crucial role for cross-border Wealth Creators due to its unique combination of benefits that support global investment, asset protection, and family security. Strategic Advantages include:
1. Freedom of Movement
1. Freedom of Movement
- Visa-Free Travel: EU citizenship or permanent residency allows for unrestricted travel across all 27 EU member states, facilitating business trips and family holidays without visa hassles.
- Residence Flexibility: Wealth Creators can live, work, and study in any EU country, providing numerous options for relocation and business expansion.
- Single Market Access: The EU single market enables seamless business operations across member states, reducing regulatory barriers and tariffs, thus enhancing trade efficiency.
- Diversification: Holding EU citizenship or residency is part of a broader strategy to diversify assets, investments, and residency options.
- Diverse Economic Landscapes: From tech hubs in Germany to financial centers in Luxembourg, the EU offers varied environments for different business ventures.
- Asset Protection: Ensuring wealth is protected in stable jurisdictions with robust legal frameworks.
- Top-Tier Education: Access to high-quality education systems across the EU, often at reduced costs, ensures that families can secure excellent educational opportunities for their children.
- Comprehensive Healthcare: EU countries offer some of the best healthcare services globally, ensuring peace of mind regarding medical needs.
- Favorable Tax Regimes: Several EU countries offer tax incentives for new residents, including exemptions on foreign income or reduced tax rates.
- Double Taxation Treaties: Extensive treaties help in minimizing tax liabilities, making financial planning more efficient.
- High Living Standards: EU countries frequently rank high in global living standards, offering safe, clean, and culturally rich environments.
- Cultural and Social Benefits: Rich cultural heritage and stable political systems enhance the overall living experience.
- Robust Legal Frameworks: The EU’s strong legal protections ensure the safety of assets and investments.
- Stable Political Environment: The predictable political landscape of the EU provides a secure environment for wealth preservation and growth.
- Contingency Planning: Providing a stable alternative residence option in case of instability in the home country.
- Inheritance and Succession: EU citizenship can be passed down, ensuring that the benefits extend to future generations.
- Educational Opportunities for Descendants: Long-term access to top educational institutions for children and grandchildren.