Top 10 best passports for investment opportunities

Global Citizen Solutions today announces the release of its first-ever, cutting-edge Global Passport Index, the Investment Edition. Conducted using a robust quantitative scoring system across several criteria and categories, the Investment Index presents an assessment of a country’s economy and business environment offering a comprehensive overview of a country’s investment opportunities

The top 10 passports for investment opportunities are:

1. Singapore
2. Hong Kong
3. Macao
4. United States of America
5. United Arab Emirates
6. Monaco
7. Qatar
8. Andorra
9. Switzerland
10. Saudi Arabia

Global Citizen Solutions enlisted quantitative analysts Dr. Roberto de Pinho and Vladimir Lopez-Bassols, who have extensive experience in international organizations, analysing big data projects for the likes of UNESCO, OECD, and Inter-American Development Bank, to develop a methodology able to determine the best passport for investment opportunities. The Investment Index assesses a country’s economy so that users can see a comprehensive overview of the investment opportunities available. The following three indicators were used to determine the strongest passport in the world for investment opportunities:

• Global competitiveness (sometimes referred to as markets and innovation) – weighted at 50%
• GNI (Gross National Income per Capita) – weighted at 25%
• Personal Taxation – weighted at 25%

To determine the business climate in a country, six pillars from the World Economic Forum’s Global Competitiveness Index were chosen. These included the financial system, market size, business dynamism, product market, labor market, and innovation capability.

Singapore emerges as the best passport in Global Citizen Solution´s Investment Index. With one the world´s highest GNI per capita at $92.270 and personal taxation at 22%, the city-state is a most favorable option for investors. The city-state is a financial cornerstone for trade, and, alongside this, the country offers a progressive legal and regulatory framework, with a well-developed infrastructure. These factors make Singapore an attractive honeypot for investors.

The second and third runners-up are Hong Kong and Macao, proving the Asian continent’s strength in investment opportunities. Both countries offer significant tax advantages and business incentives for foreign investors.

“The strongest passports in the world for investment opportunities tend to have some similar trends. Each has a relatively stable economic system, which makes it easier for foreigners to do business” comments Patricia Casaburi, Managing Director of Global Citizen Solutions, on the findings of the Investment Index. “A good example is the World Cup host country Qatar, ranking #7, it has one of the highest GDPs in the world. The country’s new law on foreign investments has made it easier to invest in the country. There, non-Qataris can assume full ownership of a business in any sector – excluding banking, insurance, commercial agencies, security, and defense – which in turn, has increased interest in the country” concludes Patricia Casaburi.

For more information on The Passport Index by Global Citizen Solutions, visit https://www.globalcitizensolutions.com