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Top 5 Countries For Residence And Citizenship By Investment
Forbes Middle East - English
|Feb 2023
Residence and citizenship by investment (RCBI) companies advise HNWIS about investing in stable countries that provide competitive business opportunities. Here are the top five countries for RCBI, according to Swiss immigration consultancy Passport Legacy.
1. U.A.E.
The U.A.E.’s Golden Visa scheme, which was introduced in 2019, aims to attract investors and skilled overseas talent to the country. More than 151,666 golden visas had been issued by November 2022, according to a report by the General Directorate of Residency and Foreign Affairs. The U.A.E. acquired 31% of the total foreign investment that came into MENA in 2021, according to UNCTAD’s World Investment Report 2022. The total accumulative FDI flows to the country reached $171.6 billion by the end of 2021, achieving 14% growth compared to $151 billion in 2020.
2. Canada
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