May 5, 2025|
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|7 months agoDubai Lures Swiss Family Offices with Lighter Regulation
Swiss family offices managing billions in assets explore relocation to Dubai, citing increasing regulatory pressure and tax concerns in Switzerland.
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Generated IllustrationKey Takeaways
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- Swiss family offices are exploring relocation to Dubai due to increasing regulatory pressure
- Dubai's financial center hosts 800 family offices, with 200 new additions last year
- Switzerland will hold a referendum on 50% tax on large inheritances
By The Numbers
800
Total family offices in Dubai's financial centre
200
New family offices in Dubai last year
50%
Proposed inheritance tax in Switzerland
They Said
"In Switzerland there is more regulation, certainly more disclosure in terms of confidential information. Dubai family offices are not subject to the same standards, they can be more private"
"The standard of living in Dubai is enormous and the economic system is geared towards entrepreneurs and ultra-high-net-worth individuals"