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Business considerations as increasingly important for individuals as they make strategic relocation decisions in the current and post-pandemic landscape, according to the residence and citizenship planning specialist.
Along with seeking out new domicile options for their families, more and more investors are considering relocating their businesses. This trend had begun pre-pandemic, but it is accelerating,» Dominic Volek, group head of private clients at Henley & Partners, said.
The firm launched its Best Residence-by-Investment Cities for Business Index in collaboration with Deep Knowledge Analytics (DKA), a DeepTech-focused agency, earlier this week. It allows users to select the different factors that matter most to them to make decisions about where best to locate their headquarters, executives, employees, and themselves and their families.
Financial Powerhouses Dominate
The index ranks leading cities around the world for international entrepreneurs, company owners, professionals, and high-net-worth individuals to acquire residence in through investment migration programs.
Singapore, which ranked fourth behind London, New York and Sydney, scored the highest overall in terms of Covid safety, lifestyle, and infrastructure. Zurich, fifth overall, was the top performing residence-by-investment city in terms of healthcare and stability.
According to Henley, over 1,000 data points and more than 40 different parameters and sub-parameters were used to rank the cities according to 10 main categories that represent the most pressing relocation considerations: lifestyle, tax, education, real estate, healthcare, security, infrastructure, and stability, as well as Covid safety and the relevant investment migration program.
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