GLOBAL PERSPECTIVES
The Power of Paper
Latest ranking of passports
M
any South Africans look to faraway shores in an attempt to secure a better future for themselves and their loved ones. It’ s been established that citizenship or residency by investment is a good way to cement this backup plan. A recent report by The Passport Index reveals the top 10 most powerful passports in the world, with some surprising results for 2017.
Historically, the Top 10 most powerful passports in the world were mostly European, with Germany having the lead for the past two years. Since early 2017, the number one position was shared with Singapore, which was steadily going up. Other Asian passports in the Top 20 include those of South Korea, Japan and Malaysia.
Paraguay removed visa requirements for Singaporeans, propelling Singapore’ s passport to the top of Passport Index’ most powerful ranking with a visa-free score of 159.
According to The Hon. Philippe May, Managing Director of Arton Capital’ s Singapore office,“ For the first time ever an Asian country has the most powerful passport in the world.”“ It is a testament of Singapore’ s inclusive diplomatic relations and effective foreign policy,” shared May.
While Singapore quietly climbed the ranks, the US passport has fallen down since Trump took office. Most recently Turkey and the Central African Republic revoked their visa-free status to US passport holders.
The Passport Index is the world’ s reference on everything passports. Developed by Arton Capital, a leading global advisory for residence and citizenship solutions, the Passport Index has become the most popular interactive online tool to display, sort and rank the world’ s passports. The Index ranks national passports by the cross-border access they bring, assigning a“ visa-free score” according to the number of countries a passport holder can visit visa-free or with visa on arrival. You can compare the power of different passports and even see how you can improve yours by adding a second one.
“ Visa-free global mobility has become an important factor in today’ s world,” shared Armand Arton founder and president of Arton Capital at the recently held Global Citizen Forum in Montenegro.“ More and more people every year invest hundreds of thousands of dollars in a second passport to offer better opportunity and security for their families,“ added Arton.
SOURCES Arton Capital, The Passport Index
NEW TOP 10 PASSPORT POWER RANKING:
1. 159 – Singapore 2. 158 – Germany 3. 157 – Sweden, South Korea
4. 156 – Denmark, Finland, Italy, France, Spain, Norway, Japan, United Kingdom
5. 155 – Luxemburg, Switzerland, Netherlands, Belgium, Austria, Portugal
6. 154 – Malaysia, Ireland, Canada, United States of America
7. 153 – Australia, Greece, New Zealand
8. 152 – Malta, Czech Republic, Iceland
9. 150 – Hungary
10. 149 – Slovenia, Slovakia, Poland, Lithuania, Latvia
Meanwhile, South Africa places 96th, with an individual score of 93.
62 NOVEMBER 2017 SA Real Estate Investor Magazine