Henley & Partners has identified the best residence permit and citizenship by investment programs in 2020
The consulting company Henley & Partners has published annual ratings of programs for obtaining a residence permit and citizenship through investment.
Analysts reviewed the programs for obtaining a residence permit for investments in 23 countries. The top three remained unchanged — Austria, Portugal and Italy. These countries received the highest marks for visa-free entry to other countries and high scores for the quality of life and reputation of the country.
The most favorable conditions are offered by the programs of Thailand, Malaysia, Greece and Latvia. The programs of Austria and Hong Kong were the best in terms of investment requirements.
Each country was assessed on 10 indicators: reputation, quality of life, taxation, visa-free entry to other countries, application processing time and quality of information processing, compliance, investment requirements, General expenses, terms of citizenship and requirements for citizenship.
Independent experts, investors and statesmen from different countries were also interviewed. For each criterion, experts gave countries scores from 0 to 10, then the results were summed up.
Rating of countries with the best investment programs for obtaining a residence permit
150 thousand canadian dollars
1.3 million Australian dollars
2.5 million Singapore dollars
5 million dirhams
Analysts also reviewed programs for obtaining citizenship by investment in 13 countries. This rating was also topped by European programs.
First place again went to Malta. The second line was shared by the programs of Cyprus and Austria. These three programs are particularly interesting for foreigners, since the citizenship of these States gives the right to live and work in any EU country. The third place was taken by the new program of Montenegro. The first investor received citizenship under this program in February 2020.
Caribbean countries also rank high in the ranking. Investors are attracted by the low cost of participating in the programs, as well as the opportunity to travel without a visa to the Schengen countries, the United Kingdom, China, etc.
It is important that you can obtain citizenship of Montenegro or citizenship of the Caribbean countries remotely, without having to visit the country.
The countries were evaluated on 10 criteria: reputation, quality of life, visa-free entry, time for processing applications and quality of information processing, compliance, investment requirements, the need to live in the country, the ability to move to other countries, the need to visit the country, transparency of the procedure.
Ranking of countries with the best citizenship by investment programs
Antigua and Barbuda
Saint Kitts and Nevis
“Alternative residency or citizenship provides flexibility and choice, which is a kind of insurance in the 21st century. The more jurisdictions available to a citizen and their family, the more diverse their assets may be and the less they depend on volatility in a particular country or in the world.
Investment programs are mutually beneficial for the investor and the host country. Wealthy citizens receive various benefits from the new status, and countries that offer programs receive significant financial revenues to the economy, ” said Christian Kelin, Chairman of Henley & Partners.