Dubai, Switzerland Family Offices Tired of Tax and Regulation

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Swiss Family Offices, Family Offices managing assets for the wealthy as a mixture of transfer factors to Dubai, as a combination of factors to political disputes for the attractiveness of Switzerland.

Ronald Graham, Taylor Wessing Dubai’s Dubai office, people in two large family representations, including billion dollar assets, including the United Arab Emirates, and this regulation, he said. One has already completed his action.

He said: “More regulation in Switzerland, of course, there is more disclosure in terms of confidential information. Dubai family departments can be more special to the same standards – it can be more attractive for the world.”

It was not something convincing these family departments, which persuades these family controls to leave Switzerland, or “the moment of Damascus.

A family office in Switzerland has more than 20 clients, including the restrictions or earnings or assets, including the above-mentioned or gains or assets, the Swiss Baer should be licensed with more profit or gain or assets. On the contrary, Graham said: Dubai had a wide definition of “family”, which did not invite more regulation.

Wealthy families also worried about the latest political discussions in Switzerland, this year later will hold a referendum on 50 percent tax application for a very large heritage and gifts.

One benefit of a Swiss family administration said that political disputes in regulation and some people forced the country to leave the country.

The voters are expected to reject the proposal, but “invisibility that caused the last two years has openly motivated some families to revise some families as a financial center.” Norwegian families moved to the Norwegian families to prevent Swiss families, which holds high domestic taxes and enterprises in family departments.

Both family offices are both family offices that control the wealth of a family, but also a branch of a branch there. About 200 Family Departments, Dubai’s Dubai’s Düşşe Financial Center last year, only 800 was reduced.

In Switzerli Consultant KPMG, a partner Reto Gareus said he saw many family departments moving to the Middle East because customers were transferred to the Middle East. “The standard of living in Dubai is great and the economic system is directed to entrepreneurs and ultra-high-valuable individuals,” he said.

Tax partner Tomas Hug in Switzerland said that Switzerland did not offer generous incentives to investment companies and presented some governments in the Middle East.

Dubai also benefited from other changes Cancellation of the unavailable mode of England In other European countries, high taxes and Russian assets are sanctions and industrial figures, he said.

Family offices operating in Switzerland and investigating the UAE are often founded, complex, multigenerative (and) are a managing partner of rich customers, rich customers.

Consultative Deloitte’s 2024 rankings of international wealth management centers, which are the leading center of Switzerland, as “recent developments”, relate to the bankruptcy of some investments that have weakened tax, regulation and lose confidence.

At the same time, some Wealthy Americans They are preparing emergencies to transfer the assets to Switzerland because the Trump Administration wants uncertainty. Andermatt’s ski village proves especially attractive Because the gaps around the ownership of foreign property.