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DBS PB capitalises on SG tax exemption schemes for FO business

DBS Private Bank is capitalising on tax exemption schemes in Singapore to push for growth in their family office business, the bank’s regional head of wealth planning, family office, and insurance solutions Lee Woon Shiu told Asian Private Banker. According to Lee, schemes such as the global investor programme (GIP) — which allow foreign investors to gain permanent resident status…

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