Asian UHNWIs Cross-Border Mobility Drives Family Office Structuring

Asian UHNWIs cross-border mobility is accelerating, and family offices are emerging as the primary structuring response as ultra-wealthy families adapt to increasingly mobile wealth, according to a commentary by Ocorian.

Wealth growth in Greater China has outpaced Southeast Asia, with the UBS Global Wealth Report 2025 showing China’s millionaire population rising by more than 380 people a day in 2024.

Ocorian said younger Chinese entrepreneurs are driving outward mobility focused on education, lifestyle and global operations, with Singapore and Hong Kong remaining key hubs for governance and liquidity.

Taiwanese families, by contrast, are increasingly structuring directly into the US, Canada, Australia and Japan.

The trend reflects a shift towards coordinated governance frameworks designed to balance cross-border flexibility with long-term control as Asian UHNWIs cross-border mobility rises.