Yet another global index has ranked the UAE passport as the most powerful in the world.
With a score of 110.50, the Emirati document has entered the top 10 list by Nomad Capitalist for the first time, jumping straight to the number one position from 35 last year.
“This is largely due to recent changes allowing foreigners to apply for dual citizenship … The travel freedoms afforded by a UAE passport, plus the country’s business-friendly environment and enviable tax system, put the United Arab Emirates (at the) top of our list for 2023,” the tax and immigration consultancy said.
According to its website, the Nomad Capitalist Passport Index was created to highlight the best citizenships in the world. “Our ratings are based not only on the basis of visa-free travel, but also on international taxation laws, global perception, dual citizenship, and personal freedom,” the company said.