According to the Citizenship by Investment (CBI) Index 2022, at least 3 Muslim majority countries including Turkey, Jordan, and Egypt are among the top choices that are offering citizenship by investment.
The index was released on Monday by PWM Magazine, a publication from the Financial Times, in collaboration with CS Global Partners. It offers a glimpse into the future of citizenship in the investment industry.
The CBI Index assesses all countries with operational CBI programs and cross-checks them to meet the criteria, which are the following 9 pillars:
- Freedom of Movement
- Standard of Living
- Mandatory Travel or Residence
- Citizenship Timeline
- Minimum Investment Outlay
- Ease of Processing
- Certainty of Product
- Due Diligence
Egypt, Turkey and Jordan are the only three Muslim countries that offer citizenship by investment. On the CBI Index 2022, they rank in 8th, 10th, and 11th positions, respectively.
According to the index, Caribean nations ranked the highest on the index with Dominica on the top and St Kitts and Nevis, St Lucia, Grenada, Antigua and Barbuda following in that order.
The countries in the 2022 index with CBI programs are Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St Kitts and Nevis, St Lucia, Turkey, and Vanuatu.
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