Malta has achieved a perfect score of 100 in a recent ranking evaluating the most attractive countries for millionaires to reside, outperforming well-known destinations such as Singapore and Monaco.
New Report Highlights Malta’s Appeal
The assessment, conducted by the investment migration consultancy Henley & Partners, placed Malta at the top of its “Best Residence-by-Investment Cities for Millionaires” list. The ranking considered several factors, including lifestyle, tax benefits, safety, and investment opportunities, to determine the most favorable locations for high-net-worth individuals.
Criteria and Methodology
Henley & Partners evaluated countries based on a range of criteria, such as quality of life, access to healthcare and education, economic stability, and ease of travel. Malta’s high score reflects its strong performance in these areas, as well as its established residency-by-investment program.
Comparison with Other Leading Destinations
Singapore and Monaco, both popular among wealthy individuals, received lower scores than Malta in the ranking. The report noted that while these countries offer significant advantages, Malta’s combination of favorable tax policies, safety, and lifestyle amenities contributed to its leading position.
Residency-by-Investment Programs
Malta’s residency-by-investment program allows individuals to obtain residency status through property investment or government contributions. This initiative has attracted a significant number of affluent individuals seeking stability and access to the European Union.
Additional Findings
The report also highlighted other countries that performed well in the ranking, including Switzerland, Portugal, and Australia. However, none matched Malta’s perfect score.
Further Information
For more details, the full report can be accessed at this link.