Posted on December 09 2022
*If you wish to migrate to UAE, Y-Axis will offer you the required guidance.
Abstract: The UAE passport has been ranked No.1 by a Canada-based financial advisory group.
Arton Capital, a financial advisory firm based in Montreal, Canada conducted research to find the world's most powerful passport. It released its conclusions in a publication titled "Passport Index".
The research concluded that the passport of the UAE is the most powerful. The other countries in the top 5 for passports are:
The UAE has an oil-oriented economy administered by sheikhdom in the Gulf region. The population in the country is approximately 10 million, among whom around 90% are foreign expats.
If an individual possesses a UAE passport, they can travel to multiple countries without a visa or can apply for a visa when they arrive. Passports were ranked on the basis of mobility and liberty of travel. The passport provides access to 121 countries and a visa free visit to 19 countries. They can apply for a visa when they arrive in 59 other nations.
It provides easy access to 91% of the world without a visa. The passport of the UAE has a mobility score of 180.
The methodology used in the report considers the privileges of visa-free and visa on arrival factors and if the mobility score is higher, the better mobility across the world the passport offers.
*Wish to visit UAE? Y-Axis is here to assist you.
The UAE is a hub for travel and business. The country houses the headquarters of various multinational companies, more than any Middle Eastern country.
The UAE has gained from multiple reforms in the past few years. It has welcomed many immigrants from other countries to live, study, and work. The country has also introduced a remote workers' visa. The 'Nomad Visa' of the UAE facilitates remote work.
There have been trade agreements and significant investments and with various countries.
Dubai was ranked as one of the world's top 5 cities for foreign nationals to live in. The ranking was done by InterNations, a networking platform. Since it allows easy entry for citizens of multiple countries, the ease is reciprocated by those countries.
The UAE has a strategic geographical location. It is situated between East and West, amidst the developing economies and the advanced economies. It is accessible to all.
The passport of the UAE is significant for the growth of business and innovation. It offers multiple opportunities and efficient processes.
The number of Emirati passport holders is approximately 1.5 million. The UAE is considered one of the safest countries in the world, with a low crime rate.
Want to migrate to UAE? Contact Y-Axis, the leading overseas immigration consultant in Australia.
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