In establishing (or relocating) a single family office, numerous factors must be assessed: immigration law; taxation of the family office team (which may include family members with high value assets and complex holding structures); taxation of the family office; choice of entity; transfer pricing; costs to implement; and so on. In addition to tax and other legal issues, qualitative factors must also be considered, such as political and economic stability; ease of travel; ease of hiring educated local staff; quality of life; and whether the country is welcoming to immigrants who move to the country as a part of the family office team.