It is expected that the three offices will work closely together, with company registration, accounting and legal services all eventually available from the new location.
The climate, education, family and business opportunities are also big considerations for individuals looking to relocate.
The Netherlands’ State Secretary for Finance Menno Snel said, “By drawing up its own stringent blacklist, the Netherlands is once again showing that it is serious in its fight against tax avoidance.”
Senior wealth analyst, Heike van den Hoevel, said understanding why HNW investors offshore their wealth was paramount to capitalising on the rising proportion of offshore wealth.
Mr Faries said, "We celebrate the important work of STAR in our community and are proud of our twenty years of support. From our Appleby family to the STAR families we extend our very best holiday wishes.”
Nicholas Donnithorne, head of the trust and pensions team at Guernsey law firm Babbe, said that sizeable family offices have been relocating to the island in recent months.
Such transactions are providing high value work for professional firms in Guernsey and, in some cases, creating new jobs locally when a family office employs its own staff.