VANGUARD
Switzerland has topped the list of the most powerful passports in 2024 according to the Nomad Passport Index.
The tax and immigration consulting firm, Nomad Capitalist disclosed that factors responsible for the strength of passports include visa-free travel, taxation, global perception, dual citizenship status, and personal freedom.
According to the Nomad Capitalist, the requirements include visa-free travel — 50%, taxation — 20%, global perception —10%, ability to hold dual citizenship — 10% and personal freedom (freedom of the press, mandatory military service, etc.) — 10%.
The 2024 Nomad Passport Index states, “Citizens of different countries deal with very different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling. In that regard, the number of countries a passport holder may visit does not tell the whole story.”
