Quality of Nationality Index

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Henley & Partners Kochenov 3 rd Edition 2018 Quality of Index GENERAL RANKING Nationalities of the World in

Henley & Partners Kochenov Quality of Index 3 rd Edition 2018 Nationalities of the World in 1 France 81.7 0.8 +0.4 2 Germany 81.6 1.2 1.5 3 Iceland 81.5 +0.2 +0.6 4 Denmark 80.9 1.5 0.8 5 Netherlands 80.8 +1.1 +0.5 6 Norway 80.4 0.6 0.5 7 Sweden 80.0 1.2 0.8 8 Finland 79.2 1.5 2.1 8 Italy 79.2 0.7 1.0 9 Ireland 79.0 0.4 1.4 9 Switzerland 79.0 0.6 1.8 10 Austria 78.9 1.0 1.3 11 Spain 78.7 0.8 1.3 12 Portugal 78.5 0.1 0.3 13 United Kingdom 78.2 1.0 2.0 14 Belgium 78.1 0.9 2.3 14 Liechtenstein 78.1 0.7 1.8 15 Czechia 78.0 0.6 +0.5 16 Luxembourg 77.2 1.0 0.9 17 Slovenia 76.7 0.4 0.9 18 Hungary 76.3 0.7 0.3 19 Slovakia 75.6 0.6 0.9 20 Poland 75.4 1.0 +0.8 21 Greece 75.2 0.9 1.7 21 Estonia 75.2 0.5 +0.3 22 Lithuania 75.0 0.6 +0.3 23 Malta 74.9 0.1 1.1 23 Latvia 74.9 0.5 +0.6 24 Cyprus 73.3 0.3 +0.5 25 Romania 73.1 0.3 +11.9 26 Bulgaria 72.6 0.4 +11.2 27 United States 69.4 +0.5 +5.4 28 Croatia 67.7 0.8 +26.8 29 Japan 57.0 +0.3 0.2 30 Gibraltar 1 55.7 +4.9 n/a 31 New Zealand 54.5 +0.1 0.1 32 Australia 54.3 +0.1 +1.1 33 Canada 54.0 0.0 +1.1 34 Chile 53.7 +0.1 +4.7 35 Singapore 53.2 +0.4 +0.4 36 Argentina 52.3 +0.3 +3.4 36 South Korea 2 52.3 +0.4 +2.0 37 Brazil 52.1 0.0 +3.6 38 Jersey 51.9 n/a n/a 39 Guernsey 51.8 n/a n/a 40 Isle of Man 51.7 n/a n/a 41 San Marino 50.8 +0.5 +1.7 41 Monaco 50.8 +0.3 +1.4 42 Andorra 50.3 +1.7 +2.4 43 Malaysia 49.0 +0.5 +3.3 44 Uruguay 48.6 0.7 +2.4 45 Brunei Darussalam 47.6 +0.3 +0.5 1 British overseas territories citizenship (Gibraltar) 2 Korea (Republic of)

Henley & Partners Kochenov Quality of Index 3 rd Edition 2018 Nationalities of the World in 46 United Arab Emirates 45.8 +1.3 +9.5 47 Hong Kong 3 45.5 1.0 +1.1 48 Israel 45.1 +0.5 +2.3 49 Seychelles 45.0 +2.6 +7.5 50 Paraguay 44.5 0.1 +2.7 51 Barbados 43.9 +0.7 +2.6 52 Mexico 43.7 +0.8 +3.5 53 Mauritius 43.7 +0.8 +3.7 53 Taiwan 4 43.6 +0.1 +1.9 54 Bahamas 43.2 +0.8 +1.7 54 Costa Rica 43.2 +0.3 +3.6 55 Peru 43.1 0.2 +8.3 56 Antigua and Barbuda 41.9 0.1 +3.4 57 Panama 41.7 +0.3 +3.8 58 St. Kitts and Nevis 41.5 0.0 +2.6 59 China 41.4 +1.1 +6.0 60 Macao 41.1 0.0 +3.1 61 Trinidad and Tobago 40.7 0.6 +7.4 61 Colombia 40.7 +0.7 +14.6 62 Venezuela 5 40.6 +0.3 +1.7 63 Russian Federation 40.5 +0.8 +3.5 63 Palau 40.5 n/a n/a 64 Marshall Islands 40.3 n/a n/a 65 St. Vincent 6 39.9 +0.4 +8.5 66 Serbia 39.7 +0.7 +4.0 67 St. Lucia 39.4 0.1 +8.0 67 Grenada 39.4 +0.5 +9.4 68 Montenegro 38.6 +0.5 +3.6 69 Dominica 7 38.5 +0.2 +8.4 70 Micronesia 8 38.4 n/a n/a 71 El Salvador 37.8 +0.5 +2.0 72 Honduras 37.3 +0.9 +3.1 73 Ecuador 37.2 +0.5 +8.8 73 Moldova 9 37.2 +2.0 +9.1 74 Macedonia 37.1 +0.7 +3.0 75 Samoa 37.0 n/a n/a 76 Bosnia 10 36.8 +0.6 +3.6 77 Albania 36.7 +1.2 +4.5 78 Guatemala 36.6 +0.2 +1.9 79 Tonga 36.5 n/a n/a 80 Ukraine 36.1 +6.4 +3.3 80 Tuvalu 36.1 n/a n/a 81 Nicaragua 35.9 +0.6 +3.2 82 Kuwait 35.7 1.2 0.5 83 Turkey 35.4 +0.2 +1.8 84 Georgia 35.2 +6.1 +8.4 85 Vanuatu 35.0 n/a n/a 86 Kiribati 34.3 n/a n/a 87 Qatar 34.1 3.6 3.5 88 Bolivia 11 34.0 0.9 +2.2 89 Solomon Islands 33.9 n/a n/a 89 Saudi Arabia 33.9 0.6 +0.3 90 Bahrain 33.6 0.6 0.4 90 Oman 33.6 0.7 0.1 91 Kazakhstan 33.4 0.0 +3.3 92 South Africa 32.8 0.2 +2.4 92 Belarus 32.8 +0.1 +0.8 93 Cape Verde 32.5 0.6 0.1 3 Hong Kong, China (SAR) 4 Chinese Taipei (Taiwan) 5 Venezuela (Bolivarian Republic of) 6 St. Vincent and the Grenadines 7 Commonwealth of Dominica 8 Micronesia (Federated States of) 9 Moldova (Republic of) 10 Bosnia and Herzegovina 11 Bolivia (Plurinational State of)

Henley & Partners Kochenov Quality of Index 3 rd Edition 2018 Nationalities of the World in 94 Belize 32.3 +0.1 +2.7 95 Ghana 32.1 0.4 0.3 96 Botswana 31.0 0.2 +2.1 97 Fiji 30.9 n/a n/a 98 Guyana 30.8 +1.0 +3.8 99 Maldives 30.6 +0.7 +2.4 100 Suriname 30.5-0.3 +1.7 101 Thailand 30.2 +0.3 +2.9 101 Nauru 30.2 n/a n/a 102 Timor-Leste 30.1 0.1 +7.7 103 Armenia 29.9 0.0 +2.8 103 Jamaica 29.9 0.0 +1.8 103 Gambia 29.9 0.7-1.1 104 Israeli Laissez-passer 29.7 +0.2 n/a 104 Sierra Leone 29.7 +0.4 +0.7 105 Benin 29.5 0.5 0.2 106 India 29.3 0.1 +2.1 106 Senegal 29.3 +0.2 0.2 107 Indonesia 29.1 +0.3 +2.1 107 Latvia (Non-citizen) 29.1 0.2 n/a 108 Togo 29.0 0.5 0.1 109 Kyrgyzstan 28.4 +0.7 +2.7 110 Tunisia 28.3 +0.5 +1.4 110 Azerbaijan 28.3 0.0 0.5 111 Namibia 28.2 +0.2 +2.2 112 Côte d Ivoire 28.0 0.2 +0.2 113 Cuba 27.9 0.7 +0.2 114 Burkina Faso 27.6 0.4 0.7 115 Nigeria 27.4 +0.3 0.1 115 Dominican Republic 27.4 +0.5 +1.8 116 Guinea 27.3 +0.3 0.5 117 Uzbekistan 27.2 +0.4 +0.5 118 Mongolia 27.0 0.1 +2.6 119 Mali 26.9 0.0 1.1 120 Liberia 26.5 0.4 0.6 120 Papua New Guinea 26.5 +0.5 +3.0 121 Guinea-Bissau 26.4 0.5 0.1 122 Bhutan 26.3 1.2 +2.8 123 Morocco 26.1 +1.3 +2.6 124 Zambia 26.0 0.5 +1.9 125 Philippines 25.9 +0.1 +0.8 126 Tajikistan 25.6 0.1 0.3 126 Niger 25.6 0.8 0.7 127 Swaziland 25.5 +0.4 +1.8 128 BOT 12 25.3 +0.7 n/a 128 Tanzania 13 25.3 +0.3 +2.3 129 BN(O) 14 25.2 +0.2 n/a 129 Algeria 25.2 0.4 +2.2 130 Jordan 24.9 +0.5 +0.7 130 Gabon 24.9 0.0 +2.3 131 Malawi 24.8 +0.3 +3.1 132 Lesotho 24.6 0.5 +0.8 12 British overseas territories citizenship 13 Tanzania (United Republic of) 14 British Nationals (Overseas)

Henley & Partners Kochenov Quality of Index 3 rd Edition 2018 Nationalities of the World in 132 Vietnam 24.6 +0.2 +0.9 132 Kenya 24.6 +0.1 +2.0 133 Turkmenistan 24.5 0.4 +0.8 134 Sri Lanka 24.4 +0.5 +2.2 135 Egypt 24.2 +0.3 +1.2 136 São Tomé 15 23.9 +0.3 +2.7 137 Kosovo 23.8 +0.5 +1.4 137 Iran 16 23.8 0.5 +1.0 138 Lebanon 23.7 +0.4 +1.1 139 Laos 17 23.2 +0.2 +0.9 140 Uganda 23.1 +0.1 +1.8 141 Madagascar 22.8 0.1 +3.1 141 Equatorial Guinea 22.8 +0.2 +2.9 142 Zimbabwe 22.7 0.2 +2.4 142 British subjects 22.7 +1.2 n/a 143 BOC 18 22.6 +2.4 n/a 143 Comoros 22.6 +0.6 +3.3 144 Mauritania 22.5 +0.8 +2.4 145 Cambodia 22.4 +0.3 +1.6 146 BPP 19 22.3 +0.8 n/a 147 Haiti 21.8 +0.2 +2.5 148 North Korea 20 21.7 n/a n/a 149 Bangladesh 21.4 2.7 +1.6 150 Palestinian Territory 21.3 +0.6 +2.0 150 Mozambique 21.3 0.0 +2.1 151 Libya 21.1 +0.3 1.3 152 Myanmar 21.0 +0.8 +2.1 152 Nepal 21.0 0.7 +0.4 153 Rwanda 20.9 0.0 +2.1 154 Congo 21 20.5 0.8 +0.5 155 Djibouti 20.1 +1.1 +1.5 155 Cameroon 20.1 0.2 +1.4 156 Chad 18.9 0.1 +2.7 157 Sudan 22 18.2 +1.2 +2.3 158 Ethiopia 18.0 0.2 +1.4 159 Pakistan 17.9 +0.5 +0.6 160 Burundi 17.5 0.5 +1.5 160 DRC 23 17.5 +0.6 +3.2 161 Eritrea 17.1 +0.5 +1.4 161 Yemen 17.1 +0.1 1.1 162 Syrian Arab Republic 16.8 0.4 3.0 163 CAR 24 16.6 +0.3 +0.3 164 South Sudan 16.1 0.9 n/a 165 Iraq 15.1 3.6 3.9 166 Afghanistan 14.5 0.1 +0.5 167 Somalia 13.4 n/a n/a 149 Angola 21.4 +0.2 +2.5 15 São Tomé and Príncipe 16 Iran (Islamic Republic of) 17 Lao People s Democratic Republic 18 British Overseas citizenship 19 British protected persons 20 Korea (Democratic People s Republic of) 21 Congo (Republic of the) 22 Sudan (Republic of the) 23 Congo (Democratic Republic of the) 24 Central African Republic

Henley & Partners is the global leader in residence and citizenship planning. Each year, hundreds of wealthy individuals, families and their advisors rely on our expertise and experience in this area. Our highly qualified professionals work together as one team in over 30 offices worldwide. The concept of residence and citizenship planning was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors whom we proudly serve every day. The firm also runs a leading government advisory practice which has raised more than USD 7 billion in foreign direct investment. We have been involved in strategic consulting and the design, set-up and operation of the world s most successful residence and citizenship programs. Antigua and Barbuda +1 869 465 6220 antigua@henleyglobal.com Australia +61 3 8658 5994 australia@henleyglobal.com Austria +43 1361 6110 austria@henleyglobal.com Canada +1 514 288 1997 canada@henleyglobal.com Croatia +385 21 321 027 croatia@henleyglobal.com Cyprus +357 2531 1844 cyprus@henleyglobal.com Dubai (UAE) +971 4 392 77 22 dubai@henleyglobal.com Grenada +1 473 443 4000 grenada@henleyglobal.com Hong Kong +852 3101 4100 hongkong@henleyglobal.com Jersey/British Isles +44 1534 514 888 jersey@henleyglobal.com Latvia +371 66 05 1009 latvia@henleyglobal.com Lebanon +961 76 834 632 lebanon@henleyglobal.com Malaysia +603 2731 9340 malaysia@henleyglobal.com Malta +356 2138 7400 malta@henleyglobal.com Philippines +632 669 27 71 philippines@henleyglobal.com Portugal +351 213 970 977 portugal@henleyglobal.com Singapore +65 6438 7117 singapore@henleyglobal.com South Africa +27 21 850 0524 southafrica@henleyglobal.com South Korea +82 10 5147 2300 korea@henleyglobal.com St. Kitts and Nevis +1 869 465 6220 stkitts@henleyglobal.com St. Lucia +1 758 458 9777 stlucia@henleyglobal.com Switzerland +41 44 266 22 22 switzerland@henleyglobal.com Thailand +662 041 4628 thailand@henleyglobal.com United Kingdom +44 207 823 10 10 uk@henleyglobal.com Vietnam T +848 3911 1667 vietnam@henleyglobal.com nationalityindex.com