Martin Chen Archives - Asian Private Banker https://asianprivatebanker.com Illuminating private banking in Asia. Tue, 13 Oct 2020 12:38:48 +0000 en-US hourly 1 https://asianprivatebanker.com/wp-content/uploads/2015/12/cropped-apbicon-32x32.png Martin Chen Archives - Asian Private Banker https://asianprivatebanker.com 32 32 Tax amnesty alone may be “insufficient” to lure Taiwan HNWIs’ assets onshore https://asianprivatebanker.com/private-wealth/family-office-iams-eams/tax-amnesty-alone-may-be-insufficient-to-lure-taiwan-hnwis-assets-onshore/ Tue, 13 Oct 2020 09:16:11 +0000 https://asianprivatebanker.com/?p=157805

Tax incentives for repatriated funds, the COVID-19 pandemic, and a complicating geopolitical landscape have provided Taiwan’s onshore wealth management scene with some momentum but, truth be told, only a small portion of offshore assets have returned to Taiwan. Most have remained in offshore banking units (OBUs), Singapore, and Hong Kong. “Around 60% of the repatriated funds come from businesses, and […]

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