United States passport value plummets to 19th; Singapore No. 1

United States passport value plummets to 19th; Singapore No. 1

The Passport Index Global Passport Power Rank calculates the number of countries that holders of passports can enter either visa-free or by gaining a visa on arrival. Turkey and the Central African Republic revoked the easy travel, and the European Union in March voted to end visa-free travel for Americans in a nonbinding resolution.

It appears, when it comes to global travel, not all passports are created equal.

The U.S.is now in the sixth tier, bested by countries such as Germany, Sweden, South Korea, Denmark and France.

"This is a testament of Singapore's inclusive diplomatic relations and effective foreign policy", said Philippe May, managing director of Arton Capital's Singapore office.

India's passport entitles holder to visa-free travel to 51 countries.

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The United States was tied for 19th with Malaysia, Ireland and Canada among 193 member countries of the United Nations and six internationally recognized territories, according to Arton Capital, which compiles the rankings.

On the other hand, the United States passport has fallen in the ranking since President Donald Trump took office, according to the index.

"While Singapore quietly climbed the ranks, the US passport has fallen down since President Donald Trump took office", Arton Capital said in a statement. Beneath Pakistan is the country last on the list-Afghanistan placed at number 94.

"More and more people every year invest hundreds of thousands of dollars in a second passport to offer better opportunity and security for their families", he added.

The British passport holds some clout, but if you thought it was the most powerful in the world then you are sorely mistaken.

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How do you obtain a passport from a country you don't live in?

It was developed by Arton Capital, a global financial advisory specialising in investor programmes for residence and citizenship around the world.

Meanwhile, Scandinavian nations Finland and Denmark have dropped slightly compared to previous year, dropping two and one tier places respectively.

U.S. passports could be set to get weaker still, as the European Parliament voted to end visa-free travel for Americans back in March this year.

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