--- title: What is the best residence program in the world? description: "Explore Henley & Partners' rankings: Portugal tops the best global residence programs. 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[By \- Cristóvão Matos,](https://hs.goldenvisafunds.pt/blog/author/cristovao-matos) Mar 03, 2024 ![ Featured Image](https://www.goldenvisafunds.pt/hubfs/Social%20Media%20SEO%20images%20%2811%29.jpg) According to the [2024 Global Residence Program Index by Henley & Partners](https://www.henleyglobal.com/publications/residence-program-index-2024), a leading global citizenship and residence advisory firm, the **Portugal Golden Visa program** has been ranked as the **best residence program in the world**. This ranking is based on a number of factors important to investors, such as reputation, quality of life, tax benefits, visa-free access to other countries, processing times, and total costs. Henley & Partners' Global Residence Program Index is an annual ranking of the world's best residence-by-investment programs. The ranking is based on a comprehensive and objective methodology that takes into account a number of factors relevant to potential investors, including: - **Reputation:** The reputation of the country and its residence program. - **Quality of life:** The quality of life in the country, including factors such as healthcare, education, and safety. - **Tax:** The tax regime of the country, including income tax, inheritance tax, and capital gains tax. - **Visa-free access:** The number of countries that citizens of the program can visit without a visa. - **Processing time:** The average time it takes to process an application for the residence program. - **Compliance:** The ease of complying with the requirements of the residence program. - **Investment requirements:** The minimum investment required to qualify for the residence program. - **Total costs:** The total cost of obtaining and maintaining residence under the program. ## Ranking of the world’s most important residence by investment programs According to Henley & Partners, the top 5 countries are Portugal, Austria, Greece, Switzerland, and Italy. The table below displays the full ranking.   ## **Portugal Golden Visa Program** The Portugal Golden Visa program offers a number of benefits to successful applicants, including: - The right to live, work, and study in Portugal - Visa-free travel to the Schengen Area - A pathway to Portuguese citizenship after five years As the most trustworthy source for the Portugal Golden Visa, Golden Visa Funds provides the most up-to-date and reliable information about the program. We can help you understand the requirements, choose the right investment option, and guide you through the application process. Please consult our [definitive guide to the Portugal Golden Visa in 2024](https://hs.goldenvisafunds.pt/golden-visa/definite-guide-to-portugal-golden-visa?hsLang=en) to learn everything about the program. ## **Methodology** You can learn more about the methodology used by Henley & Partners to rank residence-by-investment programs [here](https://www.henleyglobal.com/publications/residence-program-index-2024/methodology). If you are interested in learning more about the Portugal Golden Visa program, please [contact Golden Visa Funds today](https://hs.goldenvisafunds.pt/contact?hsLang=en). ### Leave a Comment ### Similar Blogs ![Portugal's Residence by Investment for Americans](https://www.goldenvisafunds.pt/hubfs/Douro%20Medium.jpeg) #### [Portugal's Residence by Investment for Americans](https://hs.goldenvisafunds.pt/blog/portugal-residence-by-investment-for-americans?hsLang=en) By [Cristóvão Matos](https://hs.goldenvisafunds.pt/blog/author/cristovao-matos) 11 November 2024 Are you considering a move to Europe or thinking about a backup plan for the future? Picture... [READ MORE](https://hs.goldenvisafunds.pt/blog/what-is-the-best-residence-program-in-the-world) ![Image of Portugal's flag](https://hs.goldenvisafunds.pt/hs-fs/hubfs/luis-feliciano-d_v_it9Qqxo-unsplash.jpg?width=352&name=luis-feliciano-d_v_it9Qqxo-unsplash.jpg) #### [Is Portugal Golden Visa Ending? 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