At Arton, we are in constant contact with high net worth individuals and we see how their needs and considerations evolve. These relationships help us streamline their needs and focus on what is important for our clients. It is a challenge to simplify complexity, but this is what we excel at. So that we be able to empower you to find the right fit with ease. Now you have all the tools in your hands.
Although it is still important, mobility is no longer the principle drive to look for a second residence or citizenship. Each Global Citizen program offers a host of unique benefits. We have distilled these benefits down into five key pillars – these are the benchmarks against which you can evaluate each program and compare them against one another based on your particular needs and goals.
UK is currently at the bottom of the list. Its high scores in Global Mobility and Quality of Life cannot compensate the poor marks in the other three categories. The country recently doubled the minimum required investment to £2M, thus making it the second most expensive program in the index after Cyprus. At the same time, it keeps scoring low on Speed to citizenship and on Simplicity, on account of the tough requirement for physical residence.
This overall attractive program reaches the top 3 performers mainly due to the fast process for residence, but it gets low scores in Speed for citizenship and Simplicity. The anticipated legislative changes in 2015 are expected to boost its marks in these two pillars and we can even see some interesting changes at the top.
In this new edition of the index, Bulgaria ranks first due to favorable changes in the legislation in the past years, which made it one of the most attractive programs. Its regular residence to citizenship program gets high marks on Cost and Simplicity. The program scores relatively low in Speed, but this is compensated with the fast track option to citizenship within 12 months of PR that Bulgaria has introduced in the end of 2013.
Antigua & Barbuda
The program ranks first among the Caribbean group and finds its place among the top performers within all assessed countries. It gets the highest score for Speed and relatively high marks for Simplicity. In terms of cost, it has to catch up with its Caribbean peers, but it gets the top rank on Global Mobility compared to the other islands, especially after St. Kitts lost their visa-free access to Canada.
Grenada’s score is balanced, thanks to its maximum points in Speed and Simplicity. This Caribbean island gets low marks in Global Mobility and shows average performance in Cost. Its real estate option is one of the most competitively priced and attracts greater number of investors than the donation.
Saint Kitts & Nevis
Saint Kitts & Nevis scores high on the ArtonINDEX due to the simplicity of the program.
Canada scores high on the ArtonINDEX mainly due to the excellent quality of life and increased global mobility that its citizens enjoy.
United States of America
USA scores high on the ArtonINDEX mainly due to the global mobility and quality of life that citizens enjoy.
Updated in September 2016, the Cyprus Citizenship by Investment Program allows for qualified investors to obtain Cypriot citizenship approval in 3 months, making it one of the fastest European programs to do so.
Commonwealth of Dominica
The “Nature Island” is a top-scorer in Simplicity and gets the highest points among the four Caribbean programs, but has the lowest mark in Global Mobility. One of the legislative changes in the end of 2014 cancelled the mandatory interview, which boosted its marks in Simplicity, but that is still not enough to raise its final score.
has the newest and most exclusive Citizenship by Investment Program in the Caribbean. Having learned from decades of experience from its neighbors, the program is governed with industry best practices from the start.
One of Europe’s oldest countries positioned on the blissfully elegant shores of the Atlantic ocean, Portugal boasts rich historical and architectural heritage. Luminosity, radiance and culture beams through whitewashed villages and lush vineyards.
QUALITY OF LIFE
ARTON INDEX SCORE
|Antigua & Barbuda||13||20||15||7||16||71|
|St. Kitts & Nevis||14||12||11||6||20||63|
Arton Index has been updated on September 15, 2016.
Arton Index is a comparative tool measuring programs for residence and citizenship from the perspective of the investor. The Index is constructed by indicators, grouped in categories. Indicators are based on ARTON’s industry experience, field analysis, and assessment of the key factors that high net worth individuals consider when they choose the program that will best fit their needs. The Index is revised semi-annually, in June and in December. Where significant changes occur in any of the assessed components for a given country, update is made off these two pre-determined assessment periods.
The Arton Index measures how appealing global residence and citizenship programs are to high net worth individuals. It is composed of 5 pillars. These principal dimensions by which programs can be assessed are divided into industry-related, including Speed, Cost and Simplicity, and general – Quality of life and Global mobility.
Each category and its components make the individual score of a program. The maximum score that a program can get is 100 points. The methodology is construed in a way, to allow the application of an assessment grid that reflects the program type as the index is applied to both residence to citizenship programs and direct citizenship programs.
The Index examines all countries that are considered as major representatives of the global citizenship industry. As on the last Index update, the countries assessed include: Antigua & Barbuda, Australia, Bulgaria, Canada, Cyprus, Dominica, Greece, Grenada, Hungary, Latvia, Malta, New Zealand, Portugal, Singapore, Spain, St. Kitts & Nevis, UK, USA. The list may be enriched in time.
Cost is arguably the most important indicator for most of the investors and it has a maximum weight of 30 points. The three components that form the commitment an investor would have to make are taking into consideration, which are the required investment, the government fees and the cost of financing, where applicable. The methodology is based on the assessment of the cost for a family of 4 – principal applicant, spouse and two children aged 11-17.
Speed has a maximum weight of 20 points and examines the duration of the application process and the time required to qualify for citizenship. This pillar takes into account the average processing times as defined in the national legislations of each jurisdiction, where the most points are given to the fastest.
Global mobility has a maximum weight of 20 points and it is based on assessment of two different components. The first one is whether or not the passport allows visa-free travel for its citizens to a pre-determined group of financial centers and socio-cultural hubs, while the second component is the total number of countries that the passport can reach visa-free.
Quality of life has a maximum weight of 10 points, and it takes into consideration data from two reliable external sources to see the worldwide ranking of the examined countries. The two external indices are also selected based on their coverage since they examine all countries covered by the Arton Index.
Simplicity examines the level of complexity for each program assessed. Programs with complex procedures and requirements score less points, while those with simplified procedures and incentives score higher.
Every year, more than 20,000 families are looking to invest in their future through investor programs for residence and citizenship. More and more high net worth individuals are inquiring into available options and countries are becoming even more eager to implement legislative policies that will secure their competitive positioning to attract those high net worth individuals and thus more foreign direct investments.
The Arton Index is widely used by industry stakeholders to better assess each program’s specific benefits for investors who in turn obtain a very clear picture of the industry and empowers them to make the best choice when they contemplate on one of the most important decisions for themselves and their families.