February 25, 2018

Under Trump, US Passport Value For Global Travel Is Plummeting

28 October 2017, 12:46 | Rufus Hill

REVEALED: The most powerful passports in the WORLD - shock news for US citizens

Singapore now has the most powerful passport in the world

According to the Passport Index, that honor now belongs exclusively to Singapore thanks to a recent decision by Paraguay to remove visa requirements for passport holders of the Asian city-state. In the Nomad Passport Index, which measures visa-free travel as well as taxes on worldwide visitors, possibilities for dual citizenship, individual rights, and global perception, the United States tied for 35th place.

Germany and Sweden ranked second and third, with a score of 158 and 157, respectively.

Other Asian passports in the top 20 include South Korea, Japan as well as Malaysia.

Singapore climbed to the top spot after Paraguay removed visa requirements for those carrying Singapore's passport, which means holders can easily enter 159 countries.

According to Arton Capital Singapore's managing director Mr Philippe May, it is the "first time ever an Asian country has the most powerful passport in the world", reported the Business Times.

The passports of 193 United Nations member countries and six territories were considered.

The worst country on the report is Afghanistan which citizens can only visit 22 countries visa-free.

The US passport had fallen since President Donald Trump took office, according to Arton Capital.

The rankings from the worldwide finance firm Arton Capital had USA passports tied for sixth place - along with Ireland, Canada, and Malaysia - for global mobility.

Mr Armand Arton, the founder and president of Arton Capital said that visa-free global mobility has become an important factor in today's world.

So what makes a passport powerful and why should you care?

It was developed by Arton Capital, a global financial advisory specialising in investor programmes for residence and citizenship around the world.

In 2015, the United States tied with the United Kingdom for first place.

Also Read- How powerful is Bangladeshi passport?

Meanwhile, Scandinavian nations Finland and Denmark have dropped slightly compared to past year, dropping two and one tier places respectively.

But U.S. passport holders traveling to those three nations are required to have visas.

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