A 2016 report on Global Residence and Citizenship Programs
(GRCP) compiled by Henley & Partners has rated the United Arab
Emirates (UAE) among the best 19 countries for investment-based residency, the company
recently revealed from Dubai.
Henley & Partners serves individuals and families of
means with residence and citizenship planning via more than two dozen worldwide
offices in Europe, North America, Asia and the Middle East. With globalization
on the rise, the company was conceived in the 1990s to explore and accommodate the
increasingly complex needs for mobile entrepreneurs, investors and others.
The company operates its Dubai branch under the leadership
of Marco Gantenbein and Christina Federle. Henley & Partners uses a scale
termed the Global Residence Program Index (GRPI) to measure and rank each
country.
“Globally and particularly in the MENA region, the UAE
continues to be a leading and preferred destination for residence and ranks
very highly in our annual indexes,” Gantenbein said. “This year, the UAE has
been able to move up two spots from last year’s ranking, especially because it
scores well on some of the residence benchmark indicators, including reputation, quality of life, taxation, processing time and quality of processing.”
Additional desirable characteristics for domicile include
the qualities of visa-free access, transparency, compliance, investment
requirements, total costs and citizenship waiting time and regulations.
The Global Citizenship Program Index (GCPI) analysis for 2016 placed Portugal, Belgium,
Austria, Malta, U.K., Australia, U.S., Canada, Switzerland, Spain, Jersey, Latvia,
UAE, Monaco, Singapore, Cyprus, Hong Kong, Greece and Bulgaria first
through 19th, respectively.
