Taiwan was ranked as the fourth best investment destination in the world. That’s according to a survey by the US-based Business Environment Risk Intelligence (BERI). Taiwan was previously ranked third among 50 countries.
This year, Taiwan finished behind Switzerland, Norway and South Korea but ranked ahead of Singapore, China, Japan, Indonesia, Malaysia, Vietnam, the Philippines, India and Thailand.
BERI uses three indicators to assess a nation’s investment risk: operations risk, political risk and a remittance and repatriation factor. Taiwan placed first in the remittance and repatriation category.
Taiwan remained in third place in operations risk, which is the same rank as Australia, and behind the US and Switzerland.
In terms of political risk, Taiwan dropped seven spots to 21st. It also finished seventh in Asia, behind Singapore, China, South Korea, Japan, Vietnam and Indonesia.
Taiwan also had the top ranking in four sub-indices: accumulated international reserves, foreign exchange generation, foreign debt assessment, and legal framework.