Ranking of the best residence-by-investment programs in 2020 is published
Henley & Partners experts have published annual rankings of programs that enable you to apply for a residence permit and citizenship by investments.
The analysts have studied investment programs for obtaining a residence permit in 23 countries. The countries were assessed according to ten basic criteria: reputation, living standards, taxation, visa-free travels to other countries, duration period to consider the submitted application, quality of data processing, investment requirements, compliance, total costs, conditions and term for citizenship obtaining.
In addition, the third-party experts, investors and government officials from different states were attracted to the assessment process. They set scores from 0 to 10 for each index, after which the results were summed up.
Austria, Portugal, Italy — the whole last year’s top three — kept their positions. Each of these countries received maximum points in terms of visa- free entry to other countries. Also, their reputation and quality of living were appreciated at a high level.
The most loyal conditions are offered by the programs of Thailand and Malaysia, Greece and Latvia. The programs presented by Hong Kong and Austria turned out to be the best in terms of investment requirements.
Pos | Program | Minimal investments | Index |
1 | Austria | – | 75 |
2 | Portugal | 200 thousand euros | 71 |
3 | Italy | 500 thousand euros | 67 |
4 | Canada | 150 thousand Canadian dollars | 64 |
4 | Switzerland | – | 64 |
5 | Malta | 330 thousand euros | 63 |
6 | United Kingdom | 2 million pounds | 62 |
7 | Australia | 1.3 million Australian dollars | 61 |
8 | Ireland | 500 thousand euros | 60 |
8 | Latvia | 50 thousand euros | 60 |
8 | USA | 900 thousand dollars | 60 |
9 | Jersey | 145 thousand pounds | 59 |
9 | Mauritius | 500 thousand dollars | 59 |
10 | Thailand | 16 thousand dollars | 58 |
11 | Greece | 250 thousand euros | 56 |
12 | Singapore | 2.5 million Singapore dollars | 53 |
12 | Spain | 500 thousand euros | 53 |
13 | Hong Kong | – | 52 |
14 | Malaysia | – | 51 |
15 | Monaco | – | 50 |
16 | Dubai, UAE | 5 million dirhams | 49 |
17 | Cyprus | 300 thousand euros | 48 |
18 | Bulgaria | 512 thousand euros | 43 |
Countries with the best investments for residence permit programs
Furthermore, they studied citizenship by investments programs of 13 different countries. Malta leads, Austria and Cyprus share second position. For foreigners, the programs of these states are of the greatest interest, because their citizenship enables to live and find jobs in all member-states of the European Union. Montenegro took the third line in the ranking. Under their program a citizenship was granted to the first investor in February of this year.
Caribbean countries also held high positions. The main advantages of their programs are the low cost of participation and the possibility of visa-free travel in the Schengen zone, travels to the UK, China, etc.
Obtaining citizenship of the Caribbean and Montenegro is possible remotely.
The assessment was carried out for 10 indicators. They considered reputation, living standards, visa-free entry, duration of the application period, quality of data processing, compliance, investment requirements, need of permanent stay in the country and possibility of moving out of it, the transparency of the procedure, need for periodic entry into the territory of the state.
Pos | Program | Minimal investments | Index |
1 | Malta | 1 million euros | 79 |
2 | Austria | Various | 72 |
2 | Cyprus | 2 million euros | 72 |
3 | Montenegro | 350 thousand euros | 69 |
4 | Saint lucia | 100 thousand dollars | 66 |
5 | Grenada | 150 thousand dollars | 65 |
6 | Antigua and Barbuda | 100 thousand dollars | 64 |
7 | Saint Kitts and Nevis | 150 thousand dollars | 63 |
8 | Turkey | 250 thousand dollars | 61 |
9 | Jordan | 750 thousand dollars | 59 |
10 | Dominica | 100 thousand dollars | 58 |
11 | Cambodia | 1 million dollars | 51 |
12 | Vanuatu | 130 thousand dollars | 50 |
Countries with the best investments for citizenship programs
According to Dr. Christian H. Kaelin, Chairman of Henley & Partners, additional jurisdictions open up even greater opportunities for citizens and eliminate serious risks for them. He also noted mutual benefits for investors and host states. Citizens receive many benefits from the acquired status. The economy of the country, which provides the opportunity to obtain such a status, receives a significant influx of foreign investments.