When deciding between SOPARFI (Société de Participations Financières) and SPF (Société de Gestion de Patrimoine Familial) as a passive investor in Luxembourg, it depends on your specific investment goals and circumstances. Here's a comparison to help you decide: 1....
Wealth Management
Hermès expands in France with new Auvergne manufacturing site
Hermès: Investment in French Craftsmanship Hermès has launched a new manufacturing facility in Auvergne, France, as part of its ongoing investment in local production. The new site highlights the brand's commitment to craftsmanship, contributing to the broader French...
Luxembourg family holding SPF: Navigating permitted financial activities
Luxembourg has long been a hub for family private wealth management, providing various legal structures to meet the needs of international investors. One such entity is the Société de gestion de Patrimoine Familial (SPF), which is specifically designed to facilitate...
Creating a Family Trust: structuring your wealth preservation
What Is a Family Trust? A family trust is an estate planning tool designed to protect and manage assets for future generations. By transferring assets into a trust, you appoint a trustee to handle and distribute these assets according to your instructions. This...
How Swiss private banks support entrepreneurs and families
Swiss private banks are renowned for offering comprehensive financial services that cater to the unique needs of entrepreneurs and family businesses. By combining personalized wealth management, expert advisory services, and multi-generational planning, these banks...
BITCOIN: UK Parliament introduces Bill to clarify legal status of cryptocurrency
Recognition of Bitcoin as Personal Property The United Kingdom has introduced the Property (Digital Assets and Other Things) Bill, a landmark proposal aimed at recognizing Bitcoin and other cryptocurrencies as personal property. This move seeks to offer clarity in...
Luxembourg’s Banking Sector Poised for Another Record Year
Strong performance amid global economic challenges Luxembourg’s banking sector is on the path to achieving a new record year despite the current global economic uncertainties. With its highly diversified financial system, Luxembourg has continued to cement its status...
Mauritius: opening a bank account as a non-resident foreigner
Mauritius has evolved into a premier destination for non-resident investors seeking sophisticated wealth management services. The island nation, known for its political and economic stability, offers a blend of modern financial infrastructure, regulatory transparency,...
From Brazil to Luxembourg: Luxembourg special limited partnership to optimize investments
As the global investment landscape becomes increasingly interconnected, savvy Brazilian investors are turning their attention to Luxembourg's Special Limited Partnership (SLP) structure. Renowned for its flexibility, tax efficiency, and investor-friendly legal...
Family Offices in 2024: emphasizing simplicity, succession planning, and rising operational costs
Here are three recent developments related to family offices, the private wealth management firms catering to ultra-high-net-worth individuals: Focus on Simplicity and Adaptability: According to J.P. Morgan Private Bank's 2024 Global Family Office Report, family...