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The pandemic has created a parallel universe for massively enrichened billionaires. And banks have to play along.

For the third year in a row, Singapore and Japan have the most powerful passports in the world. According to data from the International Air Transport Association, analyzed by immigration consultants Henley& Partners, citizens of those two nations can travel to 192 of 227 destinations without having to secure a visa.

Henley & Partners saw record numbers of inquiries about citizenship- and residence-by-investment programs. Since the outbreak of the pandemic, the firm has seen an average increase in inquiries of 46% each month.

The Henley Passport Index now places India at the 83rd position globally, after Oman and Armenia were added to the list of visa-free destinations. Indian passport holders now have visa-free access to 60 nations.

The world’s most powerful passports have been revealed in a new ranking. Japan and Singapore jointly claim the top spot in the latest iteration of the Henley Passport Index, released by London-based global citizenship and residence advisory firm Henley & Partners.

There's a widening gap between the global north and the global south when it comes to travel freedoms, says the first 2022 report by London-based global citizenship and residence advisory firm Henley & Partners.

To how many countries can your passport take you without needing a visa? For the average traveler, it’s a fun fact for a trivia quiz or geography bee. For many ultra-rich global entrepreneurs, it can be a metric of financial security, and a motivator behind purchasing a second or third passport for prices that can soar into seven figures.

The UAE has advanced yet another position in the Henley Passport Index, achieving the highest spot yet for an Arab nation. Ranked at 15, the country has a visa-free/visa-on-arrival score of 175.

The UAE is the only Arab country ranked on the list of the world's top 20 most powerful passports in the first quarter of 2022, according to the Henley Passport Index.

As of Tuesday, South African passports rank at number 51 in the Henley Passport Index, an important survey of passport power – up from a ranking of 58 in 2021.

Indians have topped a list compiled by Henley & Partners of those seeking citizenship or residency in other countries in return for monetary investment.  

The expectation of a long life emphasises the importance of careful retirement planning, not just financially, but also in terms of where to reside.