View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
April 20, 2018updated 27 Sep 2023 8:43am

France is top nation while Brexit Britain drops in the rankings — report

By Olenka Hamilton

France tops the list of nationalities ranked by quality of life and immigration status — while Britain faces its own ‘Brexit cliff-edge’, writes Olenka Hamilton

France’s quality of nationality is the best in the world while Britain’s doesn’t even make the top ten, according to the third edition of an authoritative guide of nationality.

Launched in London today, the Henley & Partners’ Kochenov Quality of Nationality Index (QNI) ranks the objective value of world nationalities based on various factors from ‘peace and stability’ to ‘diversity of settlement freedom’. In 2nd, 3rd and 4th place were Germany, Iceland and Denmark respectively, while Somalia came last with 13.4 per cent.

‘Using a sophisticated combination of quantifiable data derived from leading international institutions and experts, including the United Nations, the World Bank, and the International Air Transport Association, the QNI measures the internal value of nationality, which refers to the quality of life and opportunities for personal growth within our country of origin, as well as the external value of nationality, which identifies the diversity and quality of opportunities that our nationality allows us to pursue outside our country of origin,’ explains the report’s co-author Prof. Dr. Dimitry Kochenov, a leading constitutional and citizenship law professor.

The French nationality earned a score of 81.7 per cent, fractionally ahead of Germany, which was knocked off the top spot for the first time in seven years, with a score of 81.6 per cent.  While the difference between France’s and Germany’s results is very small, France’s comparative advantage came down to its greater ‘Settlement Freedom’, mainly attributable to the country’s former colonial empire.

The premise of the report is that in a globalised world, the legal status of millions of people extends their opportunities and desires far beyond their countries of origin: the confines of the state are no longer the limit of their ambitions and expectations. A ‘hard Brexit’ therefore would significantly hamper its quality of nationality because it would see the UK losing its settlement and work rights in 30 of the world’s leading states.

The report also predicted that Brexit could increase tension and competition between the UK and the rest of Europe destabilising the nationalities of EU member states with close ties to the UK.

‘The latest results from the QNI seem to anticipate this lose–lose scenario,’ says Kochenov. ‘Both the value of European nationality overall and the value of UK nationality in particular are in gradual decline, especially in relation to faster-growing economies such as China, the UAE, and the US, whose nationalities continue to increase in value each year.

Content from our partners
Meet the females leading in the FTSE
A cut above: Charles Sanford on why HNW clients choose LGT Wealth Management
How the Thuso Group’s invaluable experience and expertise shaped the Spear’s Schools Index 2024

Europe, however, remains the global leader in terms of nationality quality, which means, says the report, that any loss would be felt by ‘an increasingly isolated’ Britain in the case of a hard Brexit.

Even lower down on the list in 27th place is the US because of its relatively poor standing on the index primarily due to its low Settlement Freedom compared to EU member states. Meanwhile China was ranked 59th and Russia in 63rd.

Henley & Partners is a sponsor of the 2018 Spear’s Wealth Insight Forum which is taking place on 27 September at One Great George Street.

Olenka Hamilton is staff writer at Spear’s

Related

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network