If suddenly you have a feeling that life has stopped this year, we hasten to dispel these feelings! New trends are still rapidly replacing old ones. This is noticeable in all areas, including investment.
Of course, the pandemic has left a very bright mark on the economy, this is already indisputably evidenced by figures from world statistics. For example, the US Congressional Research Service predicts a 2% decline in global economic growth and 32% in global trade.
At the same time, no one can unequivocally predict the future in the post-Covid-19 era. And, taking advantage of the uncertainty that has arisen, many experts recognize 2020 as the best time to find the perfect place to invest. Based on the results of the CEOWORLD study, we have compiled a list of 10 countries in the world that are most profitable for doing business and investing in this difficult time. The analysis examined the conditions of 80 countries according to key criteria: corruption, restrictions on freedom of activity, quality of life, taxes, investor protection, technological readiness, infrastructure, and bureaucracy. Topping the list is the island city-state of Singapore. With 86 points out of 100, it deservedly received the title of the best country for investment and business in 2020.
Great Britain came in second, scoring 84.4 points in aggregate on the assessment of the listed criteria.
Perhaps it will surprise some, but Poland is in third position with a high market potential.
The fourth place was taken by the top holiday destination for many Americans and Australians – Indonesia. According to experts, it scored 82.9 points.
The fifth was India with its promising education and research market.
Australia is proudly in sixth position, with an overall score of 82.3, the continent performed well across all sectors, including education and business.
As a technology hub in Asia, the Philippines ranked seventh among the best countries to invest in, since the pandemic.
Eighth place is given to the United States of America. Although the country has the largest number of confirmed cases of coronavirus in the world, it is still ranked in the top 10 best countries for business and investment based on key comfort and safety criteria. At the same time, of course, it is worth mentioning that the analysis was carried out before the crisis point in the pandemic, so one cannot be sure that the situation will not change, say, in a year.
The fifth Asian country, Malaysia, to enter the top 10 scored a total of 81,021 points, which is the best indicator in the institutional structure. And finally, the Czech Republic took the last place in the CEOWORLD rating. Attractive to investors and businesses from various angles, including its geographic location surrounded by influential European neighbors. In parallel with the CEOWORLD study, an analysis of the best countries for investment in real estate was carried out. The results were shared by the specialists of Remote Ventures.
The best countries for investment in housing after the pandemic are recognized: Colombia, Montenegro, and Bulgaria. Also included in the list: Hungary, Chile, Panama, Malaysia, Costa Rica, Latvia, Nicaragua, Uruguay, Malta, Cyprus, Turkey, Ecuador, Belize, Cambodia, Portugal, Spain, Greece, Mexico, Morocco, Dominican Republic, and Barbados.
In this study, the indicators of GDP growth, the cost of living, the conditions for obtaining a resident permit / permanent residence and citizenship, the local currency exchange rate, housing prices and the level of profitability, the amount of capital gains and rent taxes, as well as additional expenses on the purchase of real estate, housing legislation, were assessed. Number of foreign tourists (potential tenants), tourism growth, political stability, and level of legal regulation were also considered.