This is the most ‘valuable’ country in the world to be a citizen (and it’s not the U.S.)

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Source: Market Watch Personal Finance

It’s a great time to be German, at least according to one ranking. Henley & Partners, a residence and citizenship planning firm based in the U.K., released its annual Quality of Nationality Index, which it creates with Dimitry Kochenov, the chair in European Union constitutional law at the University of Groningen in the Netherlands. Germany topped the list for the last six years, because of a strong economy and high marks on peace and stability and travel freedom.

To determine the ranking, the team measured “internal” and “external” values of nationality. The “internal” value is based on the country’s economic strength, its level of basic human development (including life expectancy, education and standard of living) and the nation’s level of peace and stability. The “external” value represents the extent to which those of a particular nationality can take part in a globalized world, and how easily they can travel between countries.

Here’s the list of which countries came out on top:

European nationals typically have an easier time living and working freely in other countries, a Henley & Partners spokeswoman said. That is a major reason they ranked higher than citizens of other countries, including the U.S., which was ranked 29th.

Overall, the quality of global nationalities rose 0.75% from the previous year, the report found. Some 140 nationalities increased in value in 2016 as it’s become easier for people to move between countries. Croatia, for example, joined the EU in 2013. In the Caribbean, several countries also improved in value The EU has issued a travel visa to more Caribbean countries, allowing free movement of citizens between 26 different countries.

Source: Market Watch Personal Finance