Will you own one of the 10 most powerful passports in the world in 2023? /

Global Citizen Solutions today unveiled a list of the most powerful passports in the world by 2023. Created by data-driven investment migration consultancy Global Citizen Solutions, the Global Passport Index uses a robust quantitative scoring system to evaluate a country’s investment opportunities, quality and quality. of life indicators and the number of visa-free countries accessible through each country’s passport.

The top 10 passports ranked in the Global Passport Index are:

1.Germany
2. The United States
3.Sweden
4.Denmark
5. Netherlands
6. Finland
7. The United Kingdom
8.Canada
9. Norway
10.Switzerland

The 2023 ranking, which is compared to the previous 2022 Global Passport Index, has revealed some interesting changes in the top 10 best passports in the world. With an overall score of 93.7, Germany took pole position in 2023, taking the lead from the 2022 leader, the USA. Germany emerged as the world’s strongest passport, performing well in investment opportunities, quality of life and travel mobility. Sweden has moved up three positions from the previous ranking this year, thanks to exceptional performance in the Enhanced Mobility Index, dropping Canada to 8th position.

Each index evaluated as part of the overall study that placed Germany at the top included:

The Enhanced Mobility Index (Germany ranks 3rd): A German passport provides visa-free or visa-on-arrival access to 198 countries or territories.

Quality-of-Life Index (Germany ranks 5th): Germany scores high on many aspects analyzed in the Global Passport Index related to overall quality of life, including sustainable development, freedom, environmental performance, acceptance of migrants and luck, but it ranks very high in the cost of living parameter because of the average cost in the country

The investment index (Germany ranks 11th): With a gross national income (GNI) of $59,090 and a personal income tax of 45%, Germany is the most favorable option for investors.

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Each of the three evaluated indexes can be used as a standalone ranking where users can filter results for individual country metrics. The final list was developed in collaboration with senior STI data analysts, Dr. Roberto de Pinho and Vladimir Lopez-Bassols and is based on data from various institutions and multilateral organizations, including the World Bank, the World Economic Forum and The Sustainable Development Report.

Patricia Casaburi, CEO of Global Citizen Solutions, commented: “Our Global Passport Index is a valuable resource for anyone looking to make an informed decision about a second citizenship or simply considering moving to another country temporarily or permanently. The latest findings are based on rigorous research and evaluation that consider factors beyond travel mobility, such as taxation, quality of life, sustainability and cost of living.”