UAE set to welcome even more millionaires as wealthy individuals abandon the UK
The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to research.
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The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to research.
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Henley & Partners cited political uncertainty and antisemitism as two reasons contributing to an ongoing surge in Americans seeking secondary passports.
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Singapore edged past France, Germany, Italy and Spain to reclaim bragging rights as having the world’s most powerful passport.
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Americans can travel visa-free to 186 different countries around the world, which is nine fewer than enjoyed by the citizens from the No. 1 country, Singapore.
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A quarterly index has ranked the world's travel documents in terms of international clout. At No. 10 are the passports of Iceland, Slovakia, Slovenia and Latvia.
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In January 2024, Singapore's passport provided visa-free access to 194 destinations out of 227 worldwide.
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Americans have only the eighth-most powerful passport.
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The Henley Passport Index released its ranking of the world’s passports for 2024.
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The travel document affords visa-free entry to a record 195 global destinations, according to Henley & Partners.
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The Henley Passport Index now ranks Luxembourg’s passport third globally, alongside Austria, Finland, Ireland, Netherlands, South Korea and Sweden.
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After sharing the top spot with five other countries earlier this year, Singapore reclaims the sole crown as the most powerful passport.
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Many are fleeing to the Gulf—never mind war next door.
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Sarah Nicklin
sarah.nicklin@henleyglobal.com
+27 21 879 1086
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