The latest edition of the world’s most popular Arton Capital’s global ranking ‘Passport Index’ is based on cross-border access of national passports.
The Passport Index 2017 ranks countries based on the number of nations their citizens can visit without a visa or on arrival. India ranks a low 78th position.
Germany stands at the top with a visa-free score of 157 while Singapore overtakes South Korea and becomes the highest ranked Asian passport with a visa-free score of 156.
India stands at 78th position with a visa-free score of 46, ahead of China and Pakistan which are ranked 58th and 94th on the list respectively.
Afghanistan’s is the least powerful passport with a visa-free score of just 23.
The newly added ‘World Openness Score’ (WOS) tracks the progression of freedom of mobility across the globe. The WOS in 2016 was 17,925. In the first month of 2017, the score has already increased to 17,948.
In recent years, citizenship by investment has become a $2 billion industry, with over 20,000 investors seeking a second residency or citizenship around the globe every year.