Around 30 European family offices have indicated plans to establish operations in Hong Kong, according to InvestHK and industry participants cited by multiple outlets. The cases make up roughly 19% of the 160 family office enquiries InvestHK is currently handling. InvestHK’s global head of family office, Jason Fong, says the agency is assisting these firms as they evaluate Hong Kong as a base. The reported interest is linked in part to the city’s tax incentives, which are cited as a key factor in the decisions.
Several accounts also point to broader confidence in Hong Kong’s economic outlook, including expectations around China’s technology sector and the property market in Hong Kong. Taken together, the coverage describes a shift in some European wealth management and private wealth structures toward Asia, with Hong Kong emerging as a destination. The reports do not indicate that all 30 will complete relocations or openings, but they characterize the move as “interest” or “plans” communicated to InvestHK.
