The World’s Five Top Passports

A person’s passport has the ability to greatly change their opportunities in life. Today’s blog firstly explores the world’s most powerful passports according to the Hendley Passport Index. The blog will also highlight ways in which people can obtain a new passport should they wish to.

Joint 5th with access to 187 countries: Austria & Denmark 

Joint 4th with access to 188 countries: Italy, Finland, Spain & Luxembourg 

Joint 3rd with access to 189 countries: South Korea & Germany 

2nd place with access to 190 countries: Singapore

1st place with access to 191 countries: Japan

People who come from any of the above countries should consider themselves lucky. Travel for anyone holding one of the passports often comes without too much difficulty. However, as we know, this is not the case for everyone. Some passports including the Afghani and Iraqi passport allow visa-free travel to just 21 countries.

In recent years, many citizens of countries which have been hit by conflict and political unrest have been severely restricted in terms of their travel options. This can mean they are unable to obtain a visa abroad for work, study, or retirement.

At deVere we believe a person’s passport should not hold them back from achieving their potential in life which is why we created our Residency and Citizenship department.

Headed by James Minns, the department strives to offer clients and potential clients increased levels of freedom.

The department is proud to be able to offer clients and potential clients the ability to change their residency and citizenship status, either through a donation or property investment.

What is the difference between residency and citizenship?

Residency: the ability to live, work, and conduct business in another country.

Citizenship: changing your nationality and getting full passport rights for another country.

What are the benefits of changing your residency or citizenship?
  • Freedom of Travel; certain passports allow holders to visit just 29 countries without a visa. Compare that with the strongest passport in the world which allows visa-free travel to 167 countries. 
  • Opportunity to reside; work and open a business in Europe/USA
  • Children’s future/education; one of the most important things to any parent is the ability to give their children the best education and best opportunities in life. 
  • Tax benefits; global taxation is becoming an issue for many nationalities, not just on people’s global income but also inheritance tax. 
  • Retirement/healthcare; clients should explore healthcare opportunities and the associated costs of healthcare in retirement. 
  • Security/sanctions; certain nationalities face restrictions when trying to do business due to politically imposed sanctions. 
What options do deVere offer clients?

In total, deVere offers a total of 3 residency and 8 citizenship by investment programs.

Residency: Portugal

Citizenship: Malta, Cyprus, St Lucia, Antigua & Barbuda, Dominica, St Kitts & Nevis and Grenada

 

About us

deVere Insights is a proud component of the deVere Group. Our company has always prided itself on leading the way in the sphere of wealth management. This website is in place to share information and expertise.

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