Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, January 13 2022 - 09:44
AsiaNet
New One-of-a-Kind World Citizenship Report Gives Switzerland Top Spot with Asian Countries Not Far Behind
LONDON, Jan. 13, 2022 /PRNewswire-AsiaNet/--

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
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