Malta’s citizenship program has been ranked number one in the Global Citizenship Program Index for the seventh consecutive year, according to the latest report published by Henley and Partners.
At the same time, the report reveals that Portugal’s Golden Residence Permit program tops the Global Residency Program Index once again, TheSchengen.com reports.
The advisory’s latest rating highlights the fact that Europe continues to dominate the top positions in Henley and Partners’ rankings as the world’s most desirable investment programme.
Both indicators are part of the 2022 edition of the Annual Investment Migration Programs, which provides a systematic analysis and comprehensive comparison of the world’s most important residency and citizenship through investment plans.
In this regard, Christian H. Kaelin, an expert on international immigration and citizenship law and president of Henley & Partners, emphasized that Investment Migration Programs 2022 is the ultimate tool for all people interested in keeping pace with global investor migration.
“This publication is important for private sector clients, their advisors, and other industry professionals, but also for government policy makers looking to manage investment migration programs to achieve greater financial independence and economic growth,” Kaelin noted in this regard.
In terms of the citizenship programme, Austria’s citizenship-by-investment program is ranked second only to Malta, while Montenegro is third.
According to the report, North Macedonia’s Citizenship by Investment Program shares fourth place with the Caribbean Saint Kitts and Nevis Program and the Saint Lucia Citizenship by Investment Program.
As for residency programs, besides Portugal, which ranked first, Austria and Italy programs ranked second, while the Swiss residency program ranked third.
The Henley and Partners report ranked Greece’s golden visa system fourth, followed by Malta’s permanent residence program, which ranked fifth.
Despite the fact that a large number of foreigners are interested in golden visa programs in European countries, these programs have often been accused of involvement in illegal affairs, including money laundering and corruption; Therefore, the EU Commission has constantly called on countries running such schemes to put an end to them.
The EU Commission on Civil Liberties, Justice and Home Affairs recently urged EU member states to tighten requirements for the issuance of visas as well as the issuance of residence permits to third-country nationals in exchange for investments.