The best countries to build extended family wealth… Opportunities for success are greatly improving.
The new index reveals that Switzerland, the United States, and Singapore offer the greatest opportunities for advancement in education and employment. As for the best country for building multi-generational wealth, it’s Switzerland. Nestled amidst the Alps, this nation provides the world’s best opportunities for families seeking to relocate, secure higher gains, and find excellent job prospects for themselves and their children, according to a new index by Henley & Partners, a quality consulting firm. The United States and Singapore follow closely in second and third place.
Switzerland boasts an unemployment rate of 2% and is home to seven of the top 250 universities globally, making it an exceptional destination for families aiming to build wealth and ensure good jobs for their children. Meanwhile, the United States also offers significant employment opportunities and unparalleled education through its 46 top-ranked universities.
Simultaneously, Singapore lies at the heart of a thriving economic region, abundant with opportunities in banking, engineering, and easy-to-navigate entry visas. The study considered education, earning potential, career advancement, quality of life, economic mobility, and job opportunities across 27 countries to determine “opportunity points” for families looking to relocate and achieve more.
The ranking concludes that a typical Indonesian family, with a home-country success rate of 25%, can increase the likelihood of success for the next generation to 82% by obtaining residency rights in the United States. Similarly, an Indian family with a 32% success rate relocating to Switzerland could enhance their advantage to 85%. According to Tess Wilkinson, Managing Director of Henley & Partners Education: “Global income disparity is largely attributed to the country in which people live and work.” “Choosing the right country is the key to ensuring multi-generational wealth.”12
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