Personal freedom — 10%states: "Citizens of different countries deal with very different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling. In that regard, the number of countries a passport holder may visit does not tell the whole story."Switzerland topped this year's ranking, followed by Ireland and Portugal.
"Portugal tied with Ireland in all but personal freedom, emphasizing its steady appeal, while Finland —known for its vast visa-free travel options — now ranks fourth, highlighting the importance of global accessibility," it said.The UAE was No. 1 in 2023, but slipped to a sixth place tie this year with countries like the Netherlands, Germany and New Zealand, according to the research team.
Bulgaria is one to watch, according to the team. Its passport rose from 42nd in the index to 32nd in two years, largely because of its entrance into Europe's Schengen zone scheduled to happen in late March, it said.place in 2022 to 50th place this year, while Macao ranks 69th and China sits much further down the list in 120thMany people are curious to know how their passports compare to their global peers, but that's not why Nomad Capitalist produces the annual ranking, it said.
The company helps people obtain second, or even third citizenships — otherwise known as a "passport portfolio," said company CEO Andrew Henderson, adding that many do so to reduce their tax burdens or to have a back-up residency plan.
Source: Holiday News (holidaynews.net)
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