New Research Reveals Top Residence-by-Investment Cities for Business

Henley & Partners

PR91639

 

LONDON, Sept. 14, 2021 /PRNewswire=KYODO JBN/ --

 

In response to a dramatically changing global landscape, with business and

talent relocation on the rise for a host of factors -- from the US-China trade

wars, to Covid-19 and remote work, and the G20 proposal for a global minimum

corporate income tax -- Henley & Partners (https://www.henleyglobal.com/ ) in

partnership with Deep Knowledge Analytics (https://www.dka.global/ ) has

launched the Best Residence-by-Investment Cities for Business Index (

https://www.henleyglobal.com/publications/best-residence-investment-cities-for-business-index

).

 

This unique new index ranks the leading 25 capitals and cities around the world

that international entrepreneurs, company owners, professionals, and

high-net-worth individuals can acquire residence in through investment

migration programs (https://www.henleyglobal.com/countries ). Using an

interactive tool, users can select the different factors ¬that matter most to

them to make strategic, data-driven decisions about where best to locate their

headquarters, executives, employees, and themselves and their families in the

post-pandemic landscape.

 

Spanning five regions, the Best Residence-by-Investment Cities for Business

Index (

https://www.henleyglobal.com/publications/best-residence-investment-cities-for-business-index

) taps into over 1,000 data points and more than 40 different parameters and

sub-parameters to rank the cities according to 10 main categories that

represent the most pressing relocation considerations: lifestyle, tax,

education, real estate, healthcare, security, infrastructure, and stability, as

well as Covid safety and the relevant investment migration program.

 

Dr. Parag Khanna (https://www.paragkhanna.com/ ), FutureMap Founder and author

of upcoming book MOVE: The Forces Uprooting Us, says that at a time when

nations are plagued by great disparities in wealth and culture, the focus on

leading cities rather than countries is very welcome. "Technological

connectivity is creating new vectors of mobility for millions of people. Though

we are evolving towards a world in which ever more work is conducted in the

cloud, management and employees still have to be somewhere, and given the

diverse risks businesses face, from pandemics to conflict to climate change,

they must think very carefully about where to expand or relocate, seeking hubs

that offer a high degree of reliability in their capacity for business

continuity under diverse scenarios."

 

The five cities that take the top spots in the index -- London

(https://www.henleyglobal.com/residence-investment/united-kingdom ) (1st),  New

York (https://www.henleyglobal.com/residence-investment/united-states ) (2nd),  

Sydney (3rd), Singapore

(https://www.henleyglobal.com/residence-investment/singapore ) (4th), and

Zurich (https://www.henleyglobal.com/residence-investment/switzerland ) (5th) —

all score highest in security, infrastructure, and stability, with Sydney

taking the number one spot overall for security.

 

Highest scoring in terms of residence-by-investment program offerings are

Vienna (https://www.henleyglobal.com/residence-investment/austria ) (9th) and

Lisbon (https://www.henleyglobal.com/residence-investment/portugal ) (14th),

followed by Rome (https://www.henleyglobal.com/residence-investment/italy )

(16th) and Zurich

(https://www.henleyglobal.com/residence-investment/switzerland ) (5th), and

then Athens (https://www.henleyglobal.com/residence-investment/greece )

(20th).    

 

CEO of Henley & Partners Dr. Juerg Steffen

(https://www.henleyglobal.com/about/key-people/dr-juerg-steffen ) says the

index is invaluable to those considering investment migration

(https://www.henleyglobal.com/countries ) as a means of creating optionality in

terms of where they and their families can live, work, study, and invest.

"Residence-by-investment (https://www.henleyglobal.com/residence-investment )

programs provide a channel for building a migration portfolio of multiple

complementary residence and citizenship options to hedge against volatility and

take advantage of new opportunities in the pandemic world order."

 

When it comes to value for money, Dubai

(https://www.henleyglobal.com/residence-investment ) (11th), Riga

(https://www.henleyglobal.com/residence-investment/latvia ) (17th),  Limassol

(https://www.henleyglobal.com/residence-investment/cyprus ) (19th), Bangkok

(https://www.henleyglobal.com/residence-investment/thailand ) (23rd), and Port

Louis (https://www.henleyglobal.com/residence-investment/mauritius ) (24th) all

offer tax-friendly, affordable, high-standard-of-living options for residence

through investment.

 

Dominic Volek (https://www.henleyglobal.com/about/key-people/dominic-volek ),

Group Head of Private Clients at Henley & Partners, says the key takeout from

the Best Residence-by-Investment Cities for Business Index (

https://www.henleyglobal.com/publications/best-residence-investment-cities-for-business-index

) is that there are abundant opportunities for affluent and talented

individuals who are considering moving in the wake of Covid-19. "Along with

seeking out new domicile options (

https://www.henleyglobal.com/publications/global-mobility-report/2021-q2/global-mobility-trends/sophisticated-entrepreneurs-choose-domicile-diversification-to-secure-enhanced-value-and-yield-through-global-mobility

) for their families, more and more investors are considering relocating their

businesses. This trend had begun pre-pandemic, but it is accelerating. All 25

cities are proactively welcoming foreign investors, and while some are clearly

leading the pack, each has its strengths and particular appeal."

 

SOURCE  Henley & Partners

 

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