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