The first annual Nomad Capitalist Freedom Index has been released, where it points out that small run states have outgrown the old great powers, with Monaco and Mauritius topping the list in 2025, each clinching a score of 47.5 in terms of the Index.
The Nomad Capitalist Freedom Index aims to educate and empower individuals by offering insights into jurisdictions with the most balanced combination of financial liberty, personal safety, legal protections, and human rights.
The Mauritius jurisdiction offers several attributes, such as sensible taxation, a robust legal system, and a near-zero violent crime, while giving investors a stable bridge between Africa and Asia, according to the index.
On the other hand, Switzerland and Portugal are locked at third place with 47.0 index points each. Switzerland is defined as remaining the gold standard with numerous offerings such as efficient courts, low effective corporate rates, and world-class infrastructure. On the other hand, Portugal boasts of the EU’s friendliest lifestyle visa, specific tax breaks for recent arrivals, and offers some of the continent’s lowest crime figures.
The index has in place several factors to evaluate nations, namely, the ease of moving money without red tape, relying on predictable courts, breathe easy about personal safety, and raising a family with civil liberties intact.
The factors are evaluated across five pillars, namely: Financial Freedom (30%), Asset Protection (25%), Human Rights (20%), Safety (15%), and Quality of Life (10%).
In terms of Financial Freedom, Asset Protection, and Human Rights, Mauritius has a score of 50 each, while under Safety and Quality of Life, it has clinched a score of 50.
