Henley & Partners has released a list of which countries are best for building multi-generational wealth. While countries like Switzerland and the USA are at the top, India's position is a bit worse.
Every year, Henley & Partners releases a list of the top nations in the world for creating multigenerational wealth.
The list for this year has finally been made public by Henley & Partners. One of the European nations at the top is Switzerland. With an 85, Switzerland was first on the list.
Six criteria total—earning potential, business climate, job prospects, quality education, economy, and means of subsistence—are taken into account while assigning these rankings. Switzerland received 94 points for employment, 95 for career growth, and 100 for income potential. Switzerland receives a 75 on economy and way of life, but a 72 on education. With a score of 82, the United States comes in second place after Switzerland. The US receives scores of 94 for career advancement, 93 for income potential, 86 for job prospects, and 68 for livability. In terms of education and employment prospects, America routinely receives a score of 74.
Third place goes to Singapore. Singapore received scores of 66, 55, 65, and 92 in the areas of business development, education, and livelihood. Fourth place goes to Australia. Australia received scores of 66 for earning potential, 79 for professional growth, 84 for job prospects, 73 for education, and 74 for economy and liveability.
Canada is ranked number five. Canada receives scores of 67 in education, 79 in professional growth, and 71 in earning power. Likewise, it had scores of 72 and 73 for livelihood and economy, respectively. However, it only receives 49 scores in the workplace.
With a total score of 85, Switzerland comes in first, followed by the US (82), Singapore (79), Australia (75), Canada (74), and the UK (73). Austria came next (64 marks). Italy (63), Spain (63), United Arab Emirates (63), and Hong Kong (64), rank in the top ten nations. India is in a terrible position here. The final score for India is 32. India receives 30 for earning potential, 43 for industrial development, 42 for education, and 39 for means of subsistence. However according to Henley & Partners, India's economy only receives an extremely low 8 points.
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