According to Corpocrat Magazine in 2016, the countries with the top-ranked immigrant investor programs in the world were Malta, Cyprus, Portugal, Austria, the United Kingdom, the United States, Canada, Antigua and Barbuda, Saint Kitts and Nevis, Spain, Latvia, Monaco, Bulgaria, Ukraine, Grenada, Abkhazia, Saint Lucia, Australia, Hong Kong, Singapore, UAE and Dominica.[17] However, golden visas represent only a small proportion of new passports.