Saturday, November 23, 2024

Grenada tops citizenship by investment rankings

Grenada tops citizenship by investment programs taking the first spot in the rankings for 2020, according to study by Best Citizenships (BC).

 

The Points Based Scoring (PBS) model looked into 31 important indicators of CBI schemes, before mathematically predicting the best citizenship by investment program for clients.  Unlike other ranking indexes in the industry, The model provided in-depth analysis of CBI schemes with client expectations and point of view.

 

  • Grenada takes the first spot  due to its low pricing, powerful passport to Russia, China, and E-2 treaty
  • Cyprus takes the second passport for the best citizenship by investment scheme in Europe.
  • Montenegro takes the third spot, as it is an exciting new program from a future EU candidate country.
  • Turkish citizenship by investment program recently emerged as an interesting program,  as citizenship from a country with huge $2.3 trillion GDP cannot be ignored.

 

Total: 210 points

 

CBI PBS Score Rank
Grenada Grenada 151.3 1
Cyprus Cyprus 138.5 2
Montenegro Montenegro 135.0 3
Bulgaria Bulgaria 134.4 4
Malta Malta 132.7 5
Turkey Turkey 130.6 6
St Kitts and Nevis St Kitts and Nevis 129.0 7
Antigua and Barbuda Antigua and Barbuda 120.5 8
Dominica Dominica 112.7 9
Vanuatu Vanuatu 103.8 10
St Lucia St Lucia 103.5 11

 

Ranking factors

 

  • Minimum Pricing (10 points)
  • Availability of Real Estate investment option (10 points)
  • Safety / Crime Rate (10 points)
  • Visa free access countries in total (10 points)

United States (5 points)
United Kingdom (5 points)
EU schengen area (5 points)
China (5 points)
Russia (5 points)
Canada (5 points)

  • Passport time  (10 points)
  • Residency conditions (5 points)
  • EU citizenship  (10 points)
  • E-2 visa with US
  • Due diligence (10 points)
  • Privacy – Disclosing CBI names to public
  • GDP in billions USD
  • Richest countries in terms of GDP per capita income (5 points)
  • Education rank (5 points)
  • Healthcare rank (5 points
  • Human Development Rank (10 points)
  • Government Debt (5 points)
  • Personal Income Taxes (5 points)
  • Strong currency (10 points)
  • Transparency (10 points)
  • Passport Validity (10 points)
  • Biometric / e-Passports (5 points)
  • Personal Visit (5 points)
  • Revoked Citizenships (5 points)
  • Lifetime Citizenship (5 points)

 

The full report is available here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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