LONDON–(BUSINESS WIRE)–February 8, 2022–
Henley & Partners, in partnership with Deep Knowledge Analytics, has launched the Best Investment Migration Real Estate Index – a unique new analytical tool to assess investment migration programs offering real estate investment as a pathway to residency rights or acquisition of citizenship.
The leading international residency and citizenship advice firm has seen an 80% increase in inquiries over the past 12 months following an already record year in 2020 as wealthy investors scrambled to diversify their domiciles along with their investment portfolios in an attempt to gain greater global access and greater option as a hedge against relentless market and political volatility.
The Best Investment Migration Real Estate Index is a one-of-a-kind measure for those seeking a second home or citizenship. It takes into account more than 30 parameters and more than 300 data points to rate and compare 16 program options around the world based on key considerations such as quality of life, GDP, minimum amount of real estate investment, potential rental income, associated real estate costs, real estate holding period, residency requirements, and marketability, as well as crypto friendliness, which is gaining prominence among global investors.
Henley & Partners group head of private clients, Dominic Volek, says the Covid-19 pandemic has convinced even investors in wealthy countries with high-end passports of the benefits of alternative residency and/or citizenship. “International real estate has always been a reliable asset class due to its durability. Real estate-related investment migration programs have the added benefits of enhancing your global mobility through multiple passports and expanding your personal access rights as a citizen or resident of additional jurisdictions, creating an option about where you and your family can live, work, study, retire and invest.
The emirate of Dubai claims 1 st place overall on the new index, scoring high for rental income potential and property price per square meter which is lower than other major international centres. Spain comes in 2nd position, bolstered by its economic power, with the highest score on the GDP parameter. The 3rd place is occupied by Montenegro, which has become a key market for second homes and real estate investors in the Mediterranean, and transcontinental Turkey is ranked 4th overall, with high scores for its relatively low investment amount and their minimum residency requirements. Sharing 5th place with Thailand, the Portugal Golden residency permit program continues to top all others in terms of demand. With high scores for its low investment amount, marketability and crypto friendliness, investing in real estate in this EU member state is a decision that many global investors, especially those from the US, have made. already taken within the last 12 months.
Commenting on the Best Investment Migration Real Estate Index, the CEO of the international Engel & Völkers group, Sven Odia, said that the high-end segment has seen a surge in demand during the pandemic. “We saw a 97% increase in residential real estate transactions in the €5-10 million segment last year compared to the previous year, and a 90% increase in the upper segment of properties valued at more than 10 million euros.”
Head of Property Group at Henley & Partners, Thomas Scott, said: “In addition to the potential gains over the life of the asset, additional property can provide rental income in a strong and stable currency and geographic diversification through permanent residency or other citizenship, while offering distinct lifestyle or business benefits.
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SOURCE: Henley & Partners
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PUBLISHED: 08/02/2022 03:00/DISC: 08/02/2022 03:02