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May 28, 2020

The Best Passport in the World

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Brits and Americans may be surprised to learn that they don’t own the best passport in the world. According to research conducted by world-leading offshore consulting firm Nomad Capitalist, Swedish, Luxembourgish and Irish passports are the best ones to own.

Nomad Capitalist has ranked the best passports in the world by scoring 199 different passports in five categories. Each passport was scored on visa-free travel, international taxation laws, global perception, dual citizenship and personal freedom.

This year, three countries came out on top with Sweden, Luxembourg and Ireland all scoring 114 points.

Sweden which ranked 2nd on the index last year has climbed its way to the very top thanks to visa-free travel to 186 countries, high levels of personal freedom and an excellent global reputation.

Luxembourg is tied for first and maintains its place at the top of this list for the third year in a row, having climbed its way up from tenth place just three years ago. Luxembourg grants its citizens high levels of freedom, has an excellent global perception and fortunately for ex-pats living there, it recently became easier to naturalize as a citizen.

The Irish passport also came out on top thanks to having one of Europe’s lowest corporate tax rates, high visa scores and an excellent global reputation.

Here’s a look at the top ten.

1)Sweden
1)Luxembourg
1)Ireland
4)Switzerland
4)Belgium
6)Finland
6)Portugal
8)Singapore
8)Czech Republic
8)Malta

And what about the Ukraine passport?

Ukraine passport which ranks at number 89, allows visitors to visit 129 countries visa-free, the government allows citizens to relocate to avoid tax, citizens not allowed to hold another citizenship, have relatively low levels of personal freedom, and are thought-about quite badly abroad.

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