Arton index

Industry benchmark of Global Citizen Programs.

WHY BENCHMARKING IS IMPORTANT

At Arton we are in constant contact with high net worth individuals, and we are privileged to see how their needs and considerations evolve. These relationships help us streamline and focus on what is important to our clients. It is a challenge to simplify complexity, but this is what we excel at. We empower our clients to find the right fit with ease. Now you have all the tools in your hands.

COMPOSITE INDEX

Although it is still important, mobility is no longer the principle driver for a second residence or citizenship. Each Global Citizen program offers a host of unique benefits. We have distilled these benefits into five key pillars – these are the benchmarks against which you can evaluate each program and compare them against one another based on your particular needs and goals.

THE FIVE PILLARS OF THE ARTON INDEX

Cost

Cost

The investment you are willing to make

Speed

Speed

Time to citizenship, which includes time to residence

Mobility

Mobility

The number of countries you may visit visa-free or visa-on-arrival.

Quality of life

Quality of life

Based on the Quality of Life Index

Simplicity

Simplicity

Some programs are simpler than others

2023 ARTON INDEX SCORES ARE:

Antigua & Barbuda The program ranks first among the Caribbean group and finds its place among the top performers within all assessed countries. It gets the highest score for Speed and relatively high marks for Simplicity. In terms of cost, the program must catch up with its Caribbean peers, but it achieves the top rank for Global Mobility compared to the other islands, especially after St. Kitts lost its visa-free access to Canada.

Dominica The Nature Island is a top-scorer in Simplicity and scores the highest points among the four Caribbean programs. However, it has the lowest mark in Global Mobility. A legislative change at the end of 2014 cancelled the mandatory interview, which boosted its marks in Simplicity, but that’s still not enough to raise the program’s final score.

Greece The Nature Island is a top-scorer in Simplicity and scores the highest points among the four Caribbean programs. However, it has the lowest mark in Global Mobility. A legislative change at the end of 2014 cancelled the mandatory interview, which boosted its marks in Simplicity, but that’s still not enough to raise the program’s final score.

Grenada The Nature Island is a top-scorer in Simplicity and scores the highest points among the four Caribbean programs. However, it has the lowest mark in Global Mobility. A legislative change at the end of 2014 cancelled the mandatory interview, which boosted its marks in Simplicity, but that’s still not enough to raise the program’s final score.

50

  • Cost
  • Speed
  • Mobility
  • Quality of life
  • Simplicity

 

 
Cost
Speed
Mobility
Quality of life
Simplicity
ARTON INDEX SCORE
CHANGE
  (30) (20) (20) (10) (20) (100)  
               
Antigua & Barbuda 19 19 19 19 19 75  
DOMINICA 29 29 29 29 29 78  
Greece 14 14 14 14 14 48  
GRENADA 29 29 29 29 29 84  
               

 

Overview

The Arton Index is a comparative tool measuring programs for residence and citizenship from the perspective of the investor. The index is constructed by indicators and grouped into categories. Indicators are based on Arton’s industry experience, field analysis, and assessment of the key factors that high net worth individuals consider important when they choose the program that will best fit their needs. The index is revised semi-annually in June and December. Where significant changes occur in any of the assessed components for a given country, updates are made off these two predetermined assessment periods.

 

Key Findings

  • Both Dominica and Grenada excelled to the top mainly due to their recent adoption of the Schengen visa waiver.
  • Bulgaria remains Europe’s program of choice.
  • The U.K. and the USA rank last mainly due to the duration and complexity of their processes, but still remain, along with Canada, one of the best migration destinations.

 

Methodology

The Arton Index measures how appealing global residence and citizenship programs are to high net worth individuals. It is composed of five pillars. These principal dimensions by which programs can be assessed are divided into the industry-related categories of Speed, Cost and Simplicity, and the general categories of Quality of Life and Global Mobility.

Each category and its components make up the individual score of a program. The maximum score that a program can achieve is 100 points. The methodology is constructed in a way to allow the application of an assessment grid that reflects the program type as the index is applied to both residence to citizenship programs and direct citizenship programs.

The index examines all countries that are considered major representatives of the global citizenship industry. As on the last update, the countries assessed included the following: Antigua & Barbuda, Australia, Bulgaria, Canada, Cyprus, Dominica, Greece, Grenada, Hungary, Latvia, Malta, New Zealand, Portugal, Singapore, Spain, St. Kitts & Nevis, the U.K. and the USA. The list may be enriched in time.

Background

Each year more than 20,000 families seek to invest in their futures through investor programs for residence and citizenship. More and more high net worth individuals are inquiring into available options, and countries are becoming even more eager to implement legislative policies that will secure their competitive positioning and attract high net worth individuals and foreign direct investment.

The Arton Index is widely used by industry stakeholders to better assess each program’s specific benefits for investors, who in turn obtain a very clear picture of the industry. The index empowers them to make the best choice when they contemplate one of the most important decisions for themselves and their families.

 

Cost

Cost is arguably the most important indicator for most investors and as such has a maximum weight of 30 points. The three components that form the commitment an investor would have to make are the required investment, the government fees and the cost of financing, where applicable. The methodology is based on the assessment of the cost for a family of four (principal applicant, spouse and two children aged 11-17).

Speed

Speed has a maximum weight of 20 points and examines the duration of the application process and the time required to qualify for citizenship. This pillar takes into account the average processing times as defined in the national legislation of each jurisdiction. The most points are awarded to the fastest times.

Global Mobility

Global Mobility has a maximum weight of 20 points and is based on an assessment of two different components. The first is whether or not the passport allows visa-free travel for its citizens to a predetermined group of financial centers and socio-cultural hubs. The second component is the total number of countries the passport can reach visa-free.

Quality of Life

Quality of Life has a maximum weight of 10 points and takes into consideration data from two reliable external sources to see the worldwide ranking of the examined countries. The two external indices are also selected based on their coverage since they examine all countries covered by the Arton Index.

Simplicity

Simplicity examines the level of complexity of each program assessed. Programs with complex procedures and requirements score fewer points while those with simplified procedures and incentives score higher.