Switzerland Emerges As Best Country For Wealthy Indians To Grow Family Fortunes
Renowned for its stable political and economic environment, Switzerland stands as a hub for numerous international organisations, offering an outstanding quality of life and multicultural society.
Looking for the best destination to build multi-generational wealth? Look no further than Switzerland, which, according to a recent index by citizenship advisory firm Henley & Partners, emerges as the premier destination, boasting an impressive 85% total opportunity score.
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Henley Opportunity Index rankings
The index assessed countries based on six key parameters: earning potential, career advancement, employment prospects, premium education, economic mobility, and livability.
Switzerland is the leading on the index, scoring 100 points in earning potential, 95 points in career advancement, and 94 points in employment prospects.
Representational Image| Lexica
It also boasts scores of 75 points each in high livability and economic mobility, along with a commendable 72 points in premium education.
Renowned for its stable political and economic environment, Switzerland is a hub for numerous international organisations, offering an outstanding quality of life and multicultural society.
The United States of America closely follows Switzerland, with a total opportunity score of 82%.
US matches Switzerland in employment prospects with 94 points but trails slightly in other categories with 93 points in earning potential, 86 points in career advancement, and 68 points in high livability.
India's lower opportunity score
The employment prospects and premium education in the USA stand at 74 points. India, on the other hand, ranks lower on the opportunity score, scoring only 32%, placing it below countries like Greece.
India faces challenges, particularly in economic mobility, with a score of just 8 points. However, it excels in career advancement, garnering the highest score among the top 15 nations with 43 points.
For Indian families with a 32% opportunity score, the comparative aspect of the Henley Opportunity Index suggests that relocating to Switzerland through the Swiss Residence Program could increase their chances of success to 85%.
Greece at the bottom of opportunity list
Singapore secures the third position on the index with a total opportunity score of 79%. Despite sharing a similar earning potential with Switzerland (100 points).
Singapore's overall score is lower due to its rankings in other categories. With 97 points in employment prospects, Singapore tops the list among the 15 nations evaluated. However, it lags behind in career advancement compared to other top-ranked countries.
Australia and Canada occupy the fourth and fifth positions, respectively, with total opportunity scores of 75% and 74%. Both countries excel in various parameters, including earning potential, career advancement, employment prospects, premium education, economic mobility, and high livability.
At the bottom of the list, Greece scores 49% on the total opportunity score, facing challenges in economic mobility and other key parameters.
Representational Image| Lexica
If you're looking to establish a legacy of multi-generational wealth, Switzerland is the way to go. With unparalleled opportunities for success and prosperity, Switzerland stands out as the ultimate destination for securing your family's financial future.
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Kumar Debvrat is a copyeditor at Indiatimes. He writes about trending topics in India, from human-interest stories to cricket. He has a sharp eye for detail and a passion for storytelling.
