Global Citizen Solutions, the residency and citizenship planning advisory firm, has published “Family Offices: Best Jurisdictions Worldwide,” a briefing from its Global Intelligence Unit that compares 33 jurisdictions on what each offers the family office and what it offers the family behind it. The United States ranks fifth of the eight established centers with a score of 70.4. No jurisdiction in the sample scores higher on the depth of its market, and the United States holds the largest recorded concentration of family offices in the index, yet the one measure written for family offices sits in securities regulation rather than in the tax code.
Across the world, family offices are multiplying, and the range of services they offer is widening. They are also becoming multijurisdictional, supporting families across several countries and managing not only wealth but the wider cross-border needs that come with it. The structure itself is not new: the modern single family off
