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Best Investment Migration Real Estate Index
 Based on data collected until 1 January 2022


In response to unprecedented demand among global investors for alternative residence and citizenship options in the wake of ongoing turbulence and uncertainly caused by the Covid-19 pandemic, Henley & Partners in partnership with Deep Knowledge Analytics today 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 residence rights or citizenship acquisition.


The leading international residence and citizenship advisory firm saw an 80% increase in enquiries over the past 12 months off the back of an already record-breaking year in 2020 as wealthy investors scrambled to diversify their domiciles at the same time as their investment portfolios in a bid to secure greater global access and optionality as a hedge against unrelenting market and political volatility. 


The Best Investment Migration Real Estate Index is a first-of-its-kind metric for those in the market for a secondary residence or citizenship. It considers over 30 parameters and over 300 data points to score and compare program options worldwide according to key considerations such as the reputation of and quality of life in the host country, GDP, the minimum real estate investment amount, potential rental income, associated property costs, application processing efficiency, the real estate holding period, residence requirements, any restrictions, and saleability, as well crypto-friendliness, which is gaining in importance among global investors.








Data Points

Visual Summary


Top-10 Countries Profiles

The United Arab Emirates ranks first in the Best Investment Migration Real Estate Index. The UAE has long been and continues to be one of the most innovative countries in the world. The country attracts thousands of foreign investors and business owners, offering fruitful business opportunities and one of the lowest tax rates. The choice falls on the Emirates also because of their prosperous economic environment, progressive policies, especially in areas such as renewable energy, sustainability, smart management, healthcare development. Buying real estate here has numerous advantages - high rental income potential, lower property price per square meter than other major international centers, and additional purchasing benefits offered by various government initiatives.

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Global Insights


The Best Investment Migration Real Estate Index showcases 16 top countries that host the world’s most attractive real estate-linked investment migration program options for acquiring an alternative residence or an additional citizenship. The key takeaway from this study is that there are many opportunities for global investors to strengthen and diversify their investment portfolios while simultaneously expanding their domicile options via investment migration. Each of the 16 countries is proactively welcoming foreign investors, and while some are clearly leading the pack, each has its strengths, and all are vying for foreign direct investment.

About Us

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Deep Knowledge Analytics is a DeepTech focused agency producing advanced analytics on DeepTech and frontier-technology industries using sophisticated multi-dimensional frameworks and algorithmic methods that combine hundreds of specially-designed and specifically-weighted metrics and parameters to deliver insightful market intelligence, pragmatic forecasting and tangible industry benchmarking.


It is an analytical subsidiary of Deep Knowledge Group, an international consortium of commercial and non-profit organizations focused on the synergetic convergence of DeepTech and Frontier Technologies (AI, Longevity, MedTech, FinTech, GovTech), applying progressive data-driven Invest-Tech solutions with a long-term strategic focus on AI in Healthcare, Longevity and Precision Health, and aiming to achieve positive impact through the support of progressive technologies for the benefit of humanity via scientific research, investment, entrepreneurship, analytics and philanthropy.

Henley & Partners is the global leader in residence and citizenship planning. Each year, hundreds of wealthy individuals and their advisors rely on our expertise and experience in this area. Our highly qualified professionals work together as one team in over 35 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.

Trusted by governments, the firm also runs a leading government advisory practice that has raised more than USD 10 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.


The Best Investment Migration Real Estate Index features 16 countries hosting the world’s most attractive investment migration programs with real estate options.

The framework comprises 12 top-level parameters representing the factors most important to high- and ultra-high-net-worth investors who are considering investing in real estate to acquire alternative residence or an additional citizenship. Each parameter consists of a matrix of between one to four sub-parameters (numeric value or the score in nature) that relate to the specific topic, analytical focus, and end-point of their parent parameter. Sub-parameters are the numeric values or scores that are constructed based on quantitative or qualitative data from a range of reputable, publicly available sources.

1) ​Reputation — the Reputation score according to Henley & Partners Investment Migration Programs report

2) Quality of Life — the Quality of Life score according to Henley & Partners’ Investment Migration Programs report

3) GDP — gross domestic product of the country

4) Investment Amount — the minimum real estate investment amount required by the relevant investment migration program

5) Rental Income — the potential income investors may receive for the use or occupation of their property if it is let, taking into account tax and homeowner costs 

6) Property Costs — additional costs associated with the property purchase that should be considered, such as agency fees, capital gains tax, stamp duty, and the stability of the local currency

7) Processing Efficiency — the processing time of the application for the relevant investment migration program, and the quality thereof 

8) Holding Period — the length of time investors must retain ownership of real estate according to the requirements of the relevant investment migration program

9) Residence Requirements — the length of time investors are required to reside in the country that hosts the relevant investment migration program

10) Restrictions — any limitations on the type of real estate that can be acquired, the location, the usage, the ownership, whether it can be sub-let, and so on

11) Salability — the liquidity of the asset

12) Crypto-Friendliness — the state of crypto-currency regulation in the country, including national recognition, laws introduced, banking industry development, and so on

The index utilizes a combination of publicly available databases (including but not limited to indexes and regional statistics), as well as manually curated and researched quantitative data obtained using search engines and derived from media, international organizations, and government reports. In adopting this approach, the present analysis attempts to find an optimal balance between using transparent and reliable sources of data and including data that is obtainable from expert consultation only.

​Every value is presented in such a way that a higher value is associated with more favorable conditions:

1. Initially, a range of questions frequently asked by investors regarding real estate investment for acquiring residence or citizenship, when assessing the attractiveness of investment migration programs in this regard, was considered. Relevant indicators were identified by experts and grouped into 12 parameters, most of which consist of several sub-parameters. The end result is an assessment of each country’s investment migration program in terms of real estate investment. During the formation of the integrated score, indicators were selected by experts and distributed among the subsystems (parameters as groups of sub-parameters) to form an assessment of each country’s investment migration program in terms of real estate.

2. Next, after the research had been conducted and the data had been collected, indicators were divided into stimulators and de-stimulators on the principle that the relationship between the integrated assessment and the indicator-stimulator was direct, and with the indicator–de-stimulator, the relationship was inverse.

3. Indicators consisting of numeric values are ranged between 5 and 10, assuming that the countries in the index already perform well due to their investment profiles and therefore cannot be 0-valued, and are constructed on the basis of the following equations: 

For indicators–stimulators: x = (x–Min(x))/(Max(x)–Min(x))*10
For indicators–de-stimulators: x = (Max(x)-x)/(Max(x)-Min(x))*10,
where Min(x) and Max(x) are the lowest and highest actual values, respectively, for any given indicator.

4. The parameter values are calculated by summing up equally weighted indicator scores:

Parameter score = ∑ equally weighted sub-parameters

5. The final cumulative ranking scores are obtained by summing 12 categories for each country:

Final score = ∑ parameters’ scores

Among the data sources Deep Knowledge Analytics consulted are aicep Portugal Global; ABIA - Antigua and Barbuda Investment Authority; CEIC Data; Citizenship by Investment Saint Lucia; Community Malta Agency; Dominica Citizenship by Investment Unit; Economic Development Board Mauritius; Enterprise Greece; Global Property Guide; Government of St.Kitts and Nevis; Grenada Citizenship by Investment - Government of Grenada; Henley & Partners’ Global Residence Program Index; Henley & Partners’ Global Citizenship Program Index; Invest Cyprus; Montenegrin Investment Agency; Presidency of the Republic of Türki̇ye - Investment Office; PwC’s Worldwide Tax Summaries Online; Thailand Elite; The Global Economy; World Bank Data; and The United Arab Emirates' Government portal 

All the data available in the Best Investment Migration Real Estate Index is licensed by our licensor, Deep Knowledge Analytics Limited. Henley & Partners Group Holdings Ltd is not responsible for its correctness. The data posted in the Best Investment Migration Real Estate Index is freely accessible for private non-commercial use only.


All data are used in the represented materials on a lawful basis to carry out a computational analysis for a non-commercial research according to the article 29A of the Copyright, Designs and Patents Act 1988 with amendments.

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