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The value of a strong passport has truly become a global trend
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The value of a strong passport has truly become a global trend

  • Categories:Industry News
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  • Time of issue:2020-12-04 10:12
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(Summary description)  The 2019 report released by the global liquidity information platform Passport Index stated that the passports with the highest gold content in the past ten years are not European/North American countries as usually expected, but come from the most unexpected places. They have been quietly Jump to the top of the leaderboard.

The value of a strong passport has truly become a global trend

(Summary description)  The 2019 report released by the global liquidity information platform Passport Index stated that the passports with the highest gold content in the past ten years are not European/North American countries as usually expected, but come from the most unexpected places. They have been quietly Jump to the top of the leaderboard.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-12-04 10:12
  • Views:0
Information
  The 2019 report released by the global liquidity information platform Passport Index stated that the passports with the highest gold content in the past ten years are not European/North American countries as usually expected, but come from the most unexpected places. They have been quietly Jump to the top of the leaderboard. The 2019 Passport Index report found a common trend, that is, island passports, as the fastest-growing passports in terms of gold content, slowly rise in the rankings, and African countries quickly escape the bottom of the rankings.
 
  Contrary to popular belief, in this era of "building walls" and closing borders, the world has been fairly open in the past decade. The 2019 Passport Index report put forward its World Openness Score (World Openness Score), and stated that the de facto degree of openness in the world is now 54%. Armand Arton, President of Arton Capital, said: "With the average openness increasing by 4% over the previous year, it can be assumed that by 2035, the world will be open for travel. , Although this is incredible."
 
  Although some countries were able to dominate the top spot ten years ago, the winners today are very different. A very obvious "absent" is the United States. Although President Trump promised to "Make America Great Again", the ranking of the United States has hardly made any progress and is still standing still. .
 
  Many countries have realized the importance of the gold content of their passports. The 2019 Passport Index report shows that in the past decade, countries like the Caribbean island countries and the former Soviet Union republics have been greatly underestimated, which can prove that passports have the ability to break through the borders as barriers and use themselves as a powerful force for development paths. . Caribbean island countries have begun an inspiring rise, and most of these countries’ passport rankings have improved by more than 100% from their original 2010 rankings. Relying on the gold content of passports to achieve extraordinary growth (161%) from 2010 to 2019, the "unicorns" of the past ten years have come out on top and occupy the top position.
 
  One of the most attractive findings in the past decade is that African countries that previously ranked low have not only improved in the rankings, they have also successfully escaped the bottom ten status in the past ten years. These African countries include Angola, Burundi, Comoros Islands, Djibouti and Equatorial Guinea.
 
  The Syrian War forced Syria’s ranking to fall to the bottom third, making the country’s passport the third-lowest passport in the world. In 2010, Syria was not even among the bottom ten countries. This is an important message that once again emphasizes the correlation between a country’s political and economic situation and the amount of gold in its passport. Yemen, Palestine and Libya are also among the bottom ten countries/regions, proving this again. At the bottom of the leaderboard, the difference is shocking. Most of the underdeveloped countries ravaged by war constitute the bottom of the rankings. But once we pay close attention to the difference between the beginning and the end of this decade, we can understand the political situation of the world we live in.
 
  Subtle changes occur year after year. The lowest-ranked countries revealed in the Passport Index report in 2019 have been struggling at the bottom of the rankings. Their citizens can only travel to less than 20% of the world.
 
  This past year has inspired countries that adopt a global vision, and has made great progress and surprising development. Other countries/regions such as Qatar, Rwanda, Ukraine, Macau, and Indonesia have achieved substantial growth in the gold content of their passports and made considerable progress in the past year.
 
  In this year, countries that have launched Citizenship-by-Investment Programs also have a significant increase in the amount of passports. A major advantage of these programs is the freedom to obtain global mobility, which shows that there is no doubt that the value of holding a strong passport in hand has truly become a global trend.
 
  If there is anything to teach us in these ten years, it is that free entry and exit of the country is a key "catalyst" for change and progress. For the country and its citizens, this is a way to gain unprecedented advantages and opportunities for a bright future, and it is strengthening the importance and gold content of global mobility.
 
  (The source network of this article)
 
  I really lose my Chinese nationality if I get a foreign passport?
 
  In this era, the second passport goes from luxury goods to necessities
 
  Foreign exchange, gold and passports: three common sovereign risk diversification tools

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