By: Nomad Capitalist
Singapore makes the top 10 for the third year in a row. It has quickly become one of the world’s most important trade centers and has become a highly sought-after place to live.
The Netherlands maintain a top 10 spot for the second year in a row. The Netherlands has a great location in the EU and an excellent passport perception.
Also maintaining a top 10 spot for three years in a row, the Czech Republic finds itself again tied at #6. Since joining the EU in 2004, the Czech passport has only become stronger. Its passport offers great travel freedom.
Portuguese citizens are highly welcome around the world, enjoying visa-free travel to countries like South Africa that other European Union citizens don’t. Portugal is welcoming of expats, with a popular Golden Visa program and tax exemption program.
Despite previously being rated #1 just a few years ago, a Finnish passport still offers visa-free travel to a large number of countries, but more stringent tax policies for expats reduced the country’s score.
Swiss citizens enjoy high levels of liberties and privacy. In fact, Switzerland is one of only two non-EU countries to make the top ten. While a Swiss passport enjoys travel to three or four fewer countries than some of its neighbors, they are perhaps the most respected travelers around the world.
In addition to being the home of the European Union, Belgium is home to high levels of personal freedom and transparency. Taxes in Belgium are high and loopholes have been tightened, but the tax system is still simple enough for expats.
Ireland offers one of Europe’s lowest corporate tax rates, yet its passport’s visa scores are among the highest. The country’s excellent reputation makes traveling as an Irish citizen generally hassle-free.
Sweden has long been a country at the top of this list. This year it is tied as the 2nd best passport thanks to a high level of personal freedom and an excellent global reputation.
It has been the N1 passport for five years now. Luxembourg’s small size not only grants its citizens high levels of freedom but excellent passport perception as a country that bothers no one. And fortunately for expats living there, it recently became easier to naturalize as a citizen.