To help with the struggle of the necessity or not of a visa, the Passport Index ranking 2022 provides every year with an updated list of the strongest passports in the world and the conditions they face worldwide. The Passport Index is nowadays the most interactive passport ranking tool in the world, having been invented and empowered by Arton Capital. It is the only real-time global ranking of the world’s passports, updated as frequently as new visa waivers and changes are being implemented. The Passport Power Index considers in its methodology the passports issued by 193 United Nations member countries and 6 territories (ROC Taiwan, Macao (SAR China), Hong Kong (SAR China), Kosovo, Palestinian Territory and the Vatican) for a total of 199 different documents. The data provided is based on official information provided by governments, updated in real-time.
A three-tier method is applied to determine the passport rank. This method includes some possibilities that the traveller will face when arriving in a foreign country, such as “visa-free” (non-visa needed), the “visa on arrival” (VOA), the “eTA” (Electronic Travel Authorization), the “pre-enrollment visa” and the “eVisa” (if issued within 3 days), or the necessity to have a visa, “visa required”. The ranking is defined considering the visa-free portion of their score vs the Visa on arrival option, and the United Nations Development Programme Human Development Index 2018 (UNDP HDI) is used as a tiebreaker.
The Portuguese passport is the third most Powerful in the world, being in front of countries such USA, New Zealand and Japan. With a Portuguese passport, the citizen can travel Visa-free to 124 countries (116 visa-free and 8 eTA). Along those, the 25 countries within the Schengen Zone where Portuguese Citizens can travel, live and work freely. The Schengen Area includes 26 countries in total: Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.
The Portuguese Passport also enables its citizens to travel to 48 countries with the requirement of an “eVisa”, requested with an online application, or a “visa on arrival”, that can be requested when the passport holder arrives at the destination. Although “visa-free”, the Portuguese passport faces 8 countries that request an Electronic Travel Authorization (eTA), a requirement for foreign nationals travelling to a nation where permission to enter is not required (this requirement is mostly used by the USA and Canada).
The Golden Visa Programme is an economic strategy proposed by the International Monetary Fund (IMF) in 2008, and its main objective is to accelerate overseas investments to reinforce the country’s economy. In Portugal this investment programme was created in October 2012, standing out in the European economic block in 2022, ten years after its creation, as the most stable and profitable residency-by-investment programme. The official numbers presented by the Portuguese Government show that the total assets are nearly 6 billion euros invested in Portugal through real estate investments.
The Portuguese Golden Visa Programme provides the investor with a residence visa allowing several benefits, such as travelling freely across Europe, within the Schengen Zone. Another advantage of a resident is the right to live and work in the country, and having access to social security support, public education, and universal medical care, which is free of charge in Portugal. After five years of living legally in the country, the investor will have the possibility to apply for Portuguese citizenship and obtain the Portuguese Passport, one of the most powerful passports in the world. According to the Passport Index ranking, the Portuguese Passport is accepted y 124 countries, and only 26 nations in the world request a visa for a Portuguese citizen.
Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
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