1Why choose to establish a land trust/financial product in Hong Kong:
Hong Kong Trust has a history of over 100 years; in 1946, HSBC established Hong Kong’s first trust company
● After the new amendments, the Hong Kong Trust can extend the period of asset protection indefinitely, so it can effectively plan for multi-generation asset inheritance.
In most common law jurisdictions, it is generally impossible to extend trusts indefinitely, while in other countries, the maximum period of trusts is only 125 years.
(Malaysia-80 years; Singapore-100 years; United Kingdom-125 years)
The Securities Regulatory Commission, the Insurance Regulatory Authority, the MPFA and the Hong Kong Monetary Authority are the main regulators of the Hong Kong financial system. Since trust is at the top of the financial industry, trust companies can hold stocks, funds, insurance and banking products, etc., and are directly supervised by the above-mentioned major institutions. Therefore, Hong Kong Trust Asset Management Co., Ltd. is directly under the supervision of the Financial Secretary of the Hong Kong Special Administrative Region.
Ranked first in Asian finance; no foreign exchange management system, free capital flow
As of September 11, 2017, the Global Financial Centers Index showed that Hong Kong ranked third, with New York as the first and London as the second.