Latitude in the news, News feed Date: 03 April, 2024
The recently-launched Latitude Passport Index measures the most powerful passports in the world. Unlike our competitors, we’re the only passport index to update monthly. The identity of the world’s most powerful passport will surprise you, but more on that later.
Latitude Group Executive Chairman Eric Major notes growing interest from HNWIs in checking passports for the number of visa-free countries you can travel to. “International entrepreneurs and investors closely monitor the fluctuations of their shares in the stock market,” Major observes. “However, in today’s interdependent world, they also pay considerable attention to the comparative strength of their passports. With our exclusive monthly updated Passport Index, they are emboldened with unmatched insights.”
“Our clients travel for work. They want to reduce the hassle of applying for visas. Waiting for these to come through can be painstaking. Many of our clientele also have families. They want to reap the benefits of the most powerful passports in the world to enhance their family’s global mobility.”
In a lofty 10th position, redolent of its country’s Andean mountain range, is the Chile passport. The number of visa-free countries you can travel to out of the 199 we identify as countries is 107. On top of that, you can request a visa on arrival in 35 destinations and secure an evisa in advance to visit 30 more.
The epitome of European high life, Monaco, offers a passport currently ranked 9th. You can travel to 106 countries without a visa. There’s a visa on arrival available in 37 countries and an evisa in 30 further destinations.
Tying in 8th place are the Liechtenstein and United States passports. With a Liechtenstein passport, you can enjoy visa-free access to 114 destinations whereas a US passport facilitates visa-free travel to 116 countries. However, a Liechtenstein passport allows you to get a visa on arrival in 33 countries and evisas in 27 more whilst a US passport guarantees a visa on arrival in 37 countries and an evisa in 21.
5 passports jointly occupy the 7th ranking. They are those of Canada, Cyprus, Iceland, Latvia, and Malta. While there are differences between the numbers of visa-free, visa-on-arrival, and evisa countries, collectively they all ease your route to 175 destinations.
The passports of Bulgaria and Romania, new Schengen countries are in 6th place, along with those of fellow Schengen Area states, Estonia, Lithuania, and Slovenia. Once more, there’s a range of visa-free, visa-on-arrival, and evisa benefits, with your travel eased to 176 countries.
There are 3 passports sharing the 5th position. In alphabetical order, they are they are those of Croatia, Malaysia, and the United Kingdom. Again, they offer different figures for visa-free, visa-on-arrival, and evisa destinations, but together they facilitate your journey to 177 countries.
10 passports tie for the 4th rating. They are those offered by Australia, the Czech Republic, Greece, Hungary, Japan, New Zealand, Norway, Poland, Singapore, and Slovakia. The total number of visa-free- visa-on-arrival, and evisa destinations you can reach with each passport is 178 out of the 199 available.
A total of 8 passports are rated 3rd. Congratulations, Austria, Belgium, Finland, Ireland, Luxembourg, Portugal, South Korea, and Switzerland. The aggregated amount of visa-free-, visa-on-arrival, and evisa destinations you can access with each passport is 179.
7 passports occupy the 2nd spot. They are those of Denmark, Sweden, France, Germany, Italy, the Netherlands, and Spain. The number of visa-free-, visa-on-arrival, and evisa destinations vary, but they each smooth your path to 180 destinations.
And that shock no.1? The United Arab Emirates passport. That’s because the UAE passport allows you to travel to 124 countries without a visa, 37 presenting one on arrival, and 21 with an evisa, numbering 182 destinations in all.
In terms of directness, naturalizing via Citizenship by Investment is typically your quickest path to a new passport. Another more exclusive option to a Plan B passport is Citizenship by Descent. Or you could follow the long and windier trail to a second passport via Residency by Investment.
We can help you decide which is the best route for you. Latitude Group is an investment migration expert with experienced staff who can help you every step of the way. So, don’t delay and contact us today.
Date: 03 April, 2024
Posted in: Latitude in the news, News feed