PR94040

LONDON, Jan. 13, 2022 /PRNewswire=KYODO JBN/--

CS Global Partners, the world's leading government advisory and marketing firm,

has released its much-anticipated World Citizenship Report

(WCR)[https://csglobalpartners.com/world-citizenship-report/]. The WCR

showcases the World Citizenship Index (WCI), a distinctive tool that compares

world citizenships from the perspective of a global citizen. The index's

methodology evaluates 187 jurisdictions across five key motivators defining

citizenship for the global citizen.

Reliance was placed on official statistics to evaluate a score for the defined

motivators of Safety and Security, Quality of Life, Economic Opportunity,

Global Mobility and Financial Freedom. Backed by research from leading data

banks, interviews and a survey undertaken by over 500 wealthy investors, the

WCR looks beyond passport strength and emphasises pivotal factors that play a

role in choosing the right second citizenship.

Micha Emmett, the CEO of CS Global Partners[http://www.csglobalpartners.com/],

said that the WCR stands apart from other reports in the industry because it

"examines which countries offer the most benefits for global citizens,

particularly in a post-COVID world where those that have the means are

consistently searching for greater opportunities and better protection."

"We wanted to capture what truly concerns and affects a global citizen," she

said. "When there are options to gain a second or third citizenship, the first

question HNWIs mind is 'where is the next place to be associated with?'"

"High-net-worth individuals must consider a myriad of factors when deciding

something as monumental as where to obtain second citizenship and build a

second home. While passport strength is, of course, an important component, it

is also one that is subject to the greatest change as evidenced by pandemic

related travel restrictions," she added.

Results show Switzerland scoring the highest with 88.1, followed by Denmark

(88.0) in second place and Finland, Norway and Sweden tied for third (86.9).

Notably, global superpowers such as the United States did not rank in the top

ten, symbolising a significant shift in what these economic giants can tangibly

offer the global elite. Comparatively, Asia emerged as a hub for economic

prosperity due to its business advantages, particularly Japan, which ranked

sixth and Singapore, which came in seventh.

Aside from analysing the performance of countries, the WCR looks at ways HNWIs

protect and grow their wealth. This includes implementing an effective

financial plan that considers inheritance and wealth taxes and investing in

emerging valuable assets like cryptocurrency.

The report finds that citizenship by investment (CBI) is also an effective tool

for the world's wealthiest, and it has become a trend exacerbated during the

pandemic. CBI offers an alternative and time-effective solution for those who

do not have a marriage, descent, or naturalisation attachment to other

countries. It ultimately enables applicants to obtain a second citizenship,

often within three to four months, without any former ties to the nation, as

long as they can pass a multi-tiered vetting procedure.

According to the report, entrepreneurs and business people actively sought

investments that stood the test of time during the thick of lockdowns. While

predicting the future isn't possible, keeping abreast of global trends has

enabled many HNWIs and global citizens to identify opportunities in places they

may not have considered before. The WCR aims to bring these trends to light and

make the second citizenship process simpler by compiling relevant data that

most concerns affluent individuals and their families.

Photo - https://mma.prnewswire.com/media/1725162/Top_20_List_of_WCR_Scores.jpg

Contact: pr@csglobalpartners.com, www.csglobalpartners.com

SOURCE: CS Global Partners