Publications
Author / Peter Lu‧呂旭明會計師、Max Lu‧呂嘉昕信託師
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
  • 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.
2. Business Opportunities
  • 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.
3. Education and Healthcare
  • 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.
4. Tax Optimization
  • 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.
5. Quality of Life
  • 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.
6. Legal and Political Stability
  • 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.
7. Generational Benefits
  • 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.