The Henley & Partners - Kochenov. The Henley & Partners Kochenov. A sophisticated methodology measuring the quality of nationalities worldwide

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The Henley & Partners - Kochenov The Henley & Partners Kochenov A sophisticated methodology measuring the quality of nationalities worldwide

The Henley & Partners Kochenov Quality of Nationality Index The Henley & Partners Kochenov Quality of Nationality Index (QNI) is the first to ever objectively rank the quality of nationalities worldwide. It explores both internal factors (such as the scale of the economy, human development, and peace and stability) and external factors (including visa-free travel and the ability to settle and work abroad without cumbersome formalities) that make one nationality better than another in terms of legal status in which to develop your talents and business. The QNI is not a perception index. It uses an array of objective sources to gauge the opportunities and limitations that each nationality gives its owners. Data from the World Bank, the International Air Transport Association, the Institute for Economics and Peace and our own research blends into this unique, objective and transparent measurement tool that divides the nationalities of the world into four tiers based on quality, from Very High to Low, giving a clear picture of the standing of each nationality at a glance. The QNI is the result of a successful cooperation between Henley & Partners, the global leader in residence and citizenship planning, and Professor Dr Dimitry Kochenov, a leading constitutional law professor with a long-standing interest in European and comparative citizenship law. Creators Dimitry Kochenov holds a Chair in EU Constitutional Law at the University of Groningen, the Netherlands, is a Visiting Professor of the College of Europe and is the Chairman of the Investment Migration Council. During the 2015 2016 academic year Professor Kochenov is the Martin and Kathleen Crane Fellow in Law and Public Affairs at the Woodrow Wilson School at Princeton University. He has published widely on different aspects of comparative and European citizenship law, and migration regulation, and consults governments and international organizations on EU Constitutional Law and citizenship issues. Christian H. Kälin TEP, IMCM, is the Chairman of Henley & Partners and one of the world s leading specialists on investment migration law and policy. After completing Zurich Business School and his training at a Swiss private bank, he lived and studied for many years in France, the US, New Zealand and Switzerland. A holder of a cum laude Master s degree in law from the University of Zurich, he is a frequent writer and speaker on residence and citizenship-by-investment and advises key private clients as well as governments in those areas. He is the author of the Global Residence and Citizenship Handbook, editor of the Switzerland Business & Investment Handbook as well as numerous other publications.

Methodology The Henley & Partners Kochenov Quality of Nationality Index ranks nationalities on a scale from 0% to 100%. Scores are rounded to one decimal place. These rankings comprise of both internal and external factors. The weighting of internal and external factors within the QNI General Ranking is 40% and 60% respectively; both built from critical sub elements as outlined in the circular table. Human development is measured using the United Nations Human Development Index which includes three dimensions of human development: health, education and standard of living. Economic strength is measured using figures from the International Monetary fund showing a country s share of world Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Where no sufficiently recent and/or reliable PPP GDP data could be used, (non PPP) GDP data from the World Bank is applied. Internal factors Economic strength Human development 10% Peace 10% and stability QNI General Ranking Diversity of settlement Weight of travel Weight of settlement Diversity of travel External factors Peace and stability is measured using figures from the annual Global Peace Index published by the Institute for Economics and Peace. Diversity of settlement : As no analogous source exists on global settlement, the QNI provides the first and only such source worldwide. Data on the diversity of settlement is gathered through extensive research and consultation with experts on the legal requirements of settlement throughout the world. Settlement is considered possible if: An adult holder of a nationality is allowed to work or stay by independent means in another country for at least 360 days without having to obtain a visa or with visa on arrival Permission to work in that country is either not required or virtually automatic Weight of settlement is composed of the sum of countries weighted scores on human development and economic strength, which are each given 50% weight. It measures the actual quality of the countries and territories which a particular nationality allows you to settle in. Diversity of travel is measured using the Henley & Partners Visa Restrictions Index. The ranking is based on the number of destinations that nationals of countries have short-term tourist or business access to without having to obtain a visa and is produced in cooperation with the International Air Transport Association. Weight of travel is composed of the sum of countries weighted scores on human development and economic strength, which are each given 50% weight. It measures the actual quality of the countries and territories which a particular nationality allows you to visit visa-free or with a visa on arrival. Time of measurement: The annual QNI represents the status quo on 1 May of that year with the exception of settlement where all data is based on the status quo on 31 December of the preceding year. Four quality colour tiers are used to give a very clear picture of the standing of each nationality at a glance. 1 - Very high quality: nationalities with a value of 50.0% and above 2 - High quality: nationalities with a value of between 35.0% and 49.9% 3 - Medium quality: nationalities with a value of between 20.0% and 34.9% 4 - Low quality: nationalities with a value of 19.9% and less Very high quality High quality Medium quality Low quality

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 25 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 5 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 44 1310 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 Hong Kong +852 3101 4100 hongkong@henleyglobal.com Latvia +371 66 05 1009 latvia@henleyglobal.com Lebanon +961 76 834 632 lebanon@henleyglobal.com Jersey / British Isles +44 1534 514 888 jersey@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 Switzerland +41 44 266 22 22 switzerland@henleyglobal.com Turkey +90 212 373 9588 turkey@henleyglobal.com United Kingdom +44 207 823 10 10 uk@henleyglobal.com Vietnam T +848 3911 1667 vietnam@henleyglobal.com nationalityindex.com

Nationalities of the world in 2015 The QNI General Ranking Nationality Value 2015 2014-2015 2011-2015 1 Germany 83.1 0.0 +0.1 2 Denmark 83.0 +0.2 +1.7 3 Finland 82.0-0.2 +0.5 4 Norway 81.7 +0.5 +0.2 5 Sweden 81.6-0.1 +0.2 5 Iceland 81.6 +0.5 +1.1 6 Ireland 81.0-0.2 +0.3 6 Austria 81.0 +0.3 +0.1 7 France 80.9 +0.1-0.6 8 Switzerland 80.7-0.3 0.0 9 Netherlands 80.3-0.1 +0.4 10 Belgium 80.2-0.2-0.2 11 UK 80.1-0.1-0.8 12 Liechtenstein 80.0-0.1 +0.2 13 Italy 79.8-0.2-0.4 13 Spain 79.8 0.0 +0.2 14 Luxembourg 79.3-0.3-0.8 15 Czech Republic 79.1 +1.0 +6.8 16 Portugal 78.9 +0.1 +0.1 17 Slovenia 78.8 +0.4 +4.2 18 Hungary 78.0 +0.7 +6.8 19 Slovakia 77.9 +1.1 +6.5 20 Estonia 76.7 +1.0 +7.0 20 Poland 76.7 +0.6 +5.0 21 Greece 76.5-0.4 +1.2 22 Malta 76.4-0.1 +2.8 23 Lithuania 76.2 +0.9 +6.2 24 Latvia 76.0 +0.7 +7.1 25 Cyprus 73.4 +0.4 +0.7 26 Romania 72.6 +9.8 +13.6 27 Bulgaria 72.4 +10.2 +14.2 (European Union) 67.4-0.6-1.0 28 US 63.5-0.9-0.3 29 Croatia 58.3 +2.5 +17.5 30 Japan 56.2-1.2-1.2 31 New Zealand 53.4-0.9 0.0 32 Canada 52.7-0.9 +0.4 33 Australia 52.5-0.7-0.6 34 Chile 52.3 +2.4 +6.9 35 Singapore 51.9-1.0 +0.2 36 Korea (Republic of) 50.8 0.0 +2.6 37 Argentina 50.4 +0.7 +2.3 38 Brazil 49.1-0.3 +1.9 39 San Marino 48.5-0.8 +0.1 40 Monaco 48.4-0.6-1.0 41 Uruguay 47.7-0.2 +2.0 42 Andorra 47.0-1.1-0.3 43 Brunei Darussalam 46.5-1.0-0.6

Nationality Value 2015 2014-2015 2011-2015 44 Malaysia 46.3-0.8-0.4 45 Hong Kong. China (SAR) 44.4-0.2 +0.3 46 Taiwan 44.0 0.0 +13.1 47 Paraguay 42.7 +0.2 +1.4 48 Bahamas 42.5 +0.6 +1.5 49 Israel 41.9-0.7-0.2 50 Mauritius 40.6 +0.4 +1.9 51 Barbados 39.8-1.5-1.0 52 Macao 39.5 0.4 2.2 53 Mexico 39.4-1.0-0.8 54 Costa Rica 39.1-0.4-1.0 55 Venezuela 39.0 0.0 +0.7 56 Seychelles 38.3 +0.6 +6.1 57 Panama 38.1-0.6 +1.4 58 Antigua and Barbuda 38.0-1.4-0.7 59 St. Kitts and Nevis 37.7-1.5-0.3 60 China 37.4 +0.8 +4.1 60 Russian Federation 37.4 +0.6 +3.3 60 Qatar 37.4-0.3-0.7 61 Peru 36.5 +0.4 +2.0 62 United Arab Emirates 36.3-0.2 +0.2 63 Kuwait 36.0-0.8-0.8 64 Serbia 35.8-0.2 +1.8 65 Montenegro 34.6-0.6 +0.4 65 Montenegro 34.6-0.6 +0.4 66 Macedonia 34.4 +0.1 +1.3 67 Ecuador 34.3 +5.1 +6.5 68 El Salvador 34.0-1.5-1.1 68 Saudi Arabia 34.0-0.6 +0.9 69 Guatemala 33.9-1.0-0.6 70 Turkey 33.8 +0.8 +1.5 71 Bolivia 33.7 +0.4 +2.4 72 Honduras 33.6-0.6 0.0 73 Oman 33.4-0.5-2.0 74 Bosnia and Herzegovina 33.3 +0.1 +6.5 75 Bahrain 33.2-1.2-2.1 76 Nicaragua 33.1 +0.1 +0.5 77 Cape Verde 32.7 0.0 +1.2 77 Moldova 32.7 +4.1 +4.6 78 Trinidad and Tobago 32.6-0.7-0.3 79 Ghana 32.3 +0.4-0.1 80 Albania 32.0-0.3 +6.3 81 Colombia 31.7 +0.2 +6.6 82 Belarus 31.6-0.6 +0.6 83 Kazakhstan 31.1 +0.5 +2.9 84 Gambia 30.7 +0.3-0.4 85 Benin 30.4 +0.5 +0.9 86 St. Lucia 30.3-1.4-0.6 87 Ukraine 30.2-2.2 +0.2 88 Senegal 30.1 +0.4 +1.0 89 South Africa 30.0-0.2-0.2 90 St. Vincent and the Grenadines 29.9-1.6-0.9

Nationality Value 2015 2014-2015 2011-2015 91 Grenada 29.8-0.5 0.0 92 Sierra Leone 29.5 +0.4-4.3 93 Dominica 29.3-1.4 +3.6 93 Togo 29.3 +0.1 +0.6 94 Suriname 28.8-0.3 +1.2 95 Belize 28.7-0.9-1.3 96 Maldives 28.5 +0.1 +1.3 97 Côte d'ivoire 28.4 +0.7 +0.5 98 Guyana 28.3 +0.1 +2.2 99 Burkina Faso 28.2 +0.5 +0.4 100 Jamaica 28.1 +0.2-0.1 101 Thailand 28.0-1.0 +0.7 101 Nigeria 28.0 +0.1-0.4 102 India 27.9 +0.1 +1.4 103 Georgia 27.8 +0.9 +2.3 103 Liberia 27.8 +0.6 +1.1 103 Mali 27.8 0.0 +0.3 104 Botswana 27.6-1.1-1.2 104 Guinea 27.6 +0.1 +0.1 105 Indonesia 27.4 0.3 +1.9 106 Cuba 27.3-1.1 +0.1 107 Azerbaijan 27.1-1.4-0.1 108 Tunisia 26.9 +0.1-1.2 108 Niger 26.9 +0.3 +1.0 109 Guinea-Bissau 26.2 0.0-0.1 109 (Non-citizen) Latvia 26.2 0.0 +0.4 109 Namibia 26.2 +0.2 +0.4 110 Armenia 26.1-1.7-0.7 111 Uzbekistan 25.4-1.5-0.9 112 Philippines 25.2 +0.2 +1.5 113 Mongolia 25.0 +0.5 +1.9 114 Dominican Republic 24.8-0.8-3.6 115 Bhutan 24.7 +0.3 +2.3 116 Tajikistan 24.6-1.0-1.2 117 Zambia 24.4 +0.1 +0.7 118 Jordan 24.3 0.0 +0.4 118 Lesotho 24.3 +0.4 +0.7 119 Papua New Guinea 24.1 +0.3 +0.8 119 Kyrgyzstan 24.1-1.7-1.5 120 Vietnam 24.0 +0.3 +1.1 121 Morocco 23.8 +0.4 +0.1 121 Kosovo 23.8 +0.2 +1.4 122 Swaziland 23.7 +0.3-0.2 123 Turkmenistan 23.4-0.4 +0.3 124 Algeria 23.3-0.2-0.2 125 Gabon 23.0 0.0 +0.7 126 Laos 22.9 +0.2 +1.1 126 Timor-Leste 22.9-0.1 +0.8 127 Iran 22.8-0.2 +0.4 128 Kenya 22.7 +0.3 +0.6 129 Egypt 22.6-0.6-1.2 129 Tanzania 22.6-0.2 +0.3

Nationality Value 2015 2014-2015 2011-2015 129 Sri Lanka 22.6 +0.2 +0.5 130 Libya 22.5 0.0-2.4 131 Cambodia 22.0 +0.3 +2.0 131 Lebanon 22.0-1.0-0.1 132 Malawi 21.9 +0.1 +0.2 133 Sao Tome and Principe 21.6 0.0 +0.7 134 Uganda 21.5 +0.1 +0.6 135 Nepal 20.9 0.0 0.0 136 Zimbabwe 20.7 +0.1 +0.7 137 Madagascar 20.5 +0.3 +0.6 138 Bangladesh 20.2 +0.2 +0.1 139 Mauritania 20.1-0.4 +0.3 140 Equatorial Guinea 20.0-0.2 0.0 140 Haiti 20.0 +0.1 +1.1 141 Palestinian Territory 19.9-0.2 +0.6 142 Congo 19.8-0.4-0.4 143 Myanmar 19.7 +0.3 +1.8 144 Comoros 19.5 0.0 +0.5 145 Angola 19.4 0.0 +0.7 146 Cameroon 19.3-0.1 +0.4 147 Djibouti 19.1-0.1-0.4 148 Rwanda 18.9 +0.1 +0.7 149 Mozambique 18.8-0.1 0.0 150 Yemen 18.4 0.0 +0.6 151 Iraq 18.0-1.2-0.2 152 Syria 17.3-2.1-4.2 153 Pakistan 17.1-0.1-0.6 154 Ethiopia 17.0-0.2 +1.0 155 Chad 16.8-0.2 +1.4 156 Burundi 16.7 +0.3 +0.9 157 Sudan 16.1-0.3 +1.0 158 Eritrea 15.9-0.2 +0.3 159 Central African Republic 15.3-0.7-1.7 160 Afghanistan 14.4-0.1 +0.2 161 Congo (Democratic Republic of the) 14.3-0.3 +0.3 Germany Human Development Weight of travel Economic strength Diversity of travel Weight of settlement Diversity of settlement