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The most expensive and powerful passports in the world

Following the terrorist attacks in Paris, several European countries are considering reintroducing a strict border control. Therefore, passports back to being a necessity. Unfortunately, in many countries the cost of such a document is very high.
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The most expensive and powerful passports in the world

Following the terrorist attacks in Paris, several European countries are considering reintroducing a strict border control. Therefore, passports back to being a necessity. Unfortunately, in many countries the cost of such a document is very high.

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Statista.com portal published the list of the world's most expensive passports, presented in terms of the amount paid to acquire it, but taking into account the number of hours that a citizen must work to get that amount if wages minimum wage, writes The Independent. Thus, given the cost of the most expensive in the world is the passport of Turkey. It costs the equivalent of $ 251, which means 95 hours of work. In second place is Australia, where a passport costs $ 206, but means only 15 hours of work, taking into account the minimum wage in this country. In third place is Switzerland with a passport costs $ 159, equivalent to 9 hours of work. Mexico followed with $ 155 for a passport, but this amount involves 266 hours of work.

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A US passport costs $ 135, the equivalent of 19 hours of work. The same amount is required to pay and the Italians, but to earn money they have to work 23 hours, you are paid the minimum wage. Follow Canada, with $ 133 for a passport and 15 hours of work and Japan, where a document costs $ 115, the amount you can earn 19 hours of work. Nine ten places are occupied by New Zealand (115 dollars / 10 hours of work) and Britain ($ 110/11 hours work). Romania ranks 34 among the most powerful in the world passports The study was conducted by GoEuro, which analyzed previously portal passports from 50 countries around the world to establish a top ten strongest. Besides the cost of the document and the number of hours worked to get the required amount, the site has taken into account the strength of each passport, which means the number of countries where its holder can enter without a visa. Thus, the most powerful in the world passports are in Sweden, Finland, Germany, United Kingdom and United States. Those who hold these passports can enter without visas in 174 countries.

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How much does it cost to buy a foreign passport

Buying your residence or citizenship in another country has become a frequent practice, especially among residents in conflict or surplus countries. But this move is not cheap.

Rich people do not spend their money on private planes, yachts or hotels, but choose to invest in obtaining citizenship or residence in another country. 89% of Britons would like to have a second passport and 34% said they are interested in investing in a double citizenship.

Moreover, more than 80% of them said they are willing to invest or donate 5% of the annual salary for the second citizenship, more than the monthly rent.

Fortunately for the second passport or dual citizens, some countries offer citizenship programs such as Citizenship by Investment (CIP), whereby money normally invested in real estate can buy their second passport and can thus get the elite status that comes with the double citizenship package.
The country where it is cheaper to buy a residence is Thailand, where those who want to move have to pay $ 15,902. For this amount, people enter a program that offers them the possibility to travel without a visa in 75 destinations.

The most expensive residence is the British one. Those interested in obtaining residence in the country that offers them the possibility to travel without a visa in 177 other countries have to pay 2.7 million dollars. So-called "golden visas" are very popular among Chinese millionaires who received most of these visas last year. Gold visas enable those who receive them to work in the UK for three years, and if they invest more money, they can remain permanent. Britain has several programs to obtain double or resident citizenship. The most popular such program involves a 2 million pound investment in the British economy. Applicants must be at least 18 years of age and be outside of the European Economic Area and Switzerland. The visa allows you to stay for 3 years in the UK and can then be extended for another 2 years. Applicants can opt for British citizenship after spending 6 years in the country.

Canada, citizenship from $ 800,000. The Canadian Government has created a program to attract wealthy business people across the country, in return for which they can obtain permanent residence if they meet the following criteria: demonstrate that they have business experience, have a fortune of over $ 1.6 million and if the investor and his family pass medical and security assessments. In order to get the residence, an investment of at least $ 800,000 is required for a five-year period.


US, residing at $ 500,000.To get your US residence you need in the first phase of the green card. Two years after obtaining conditional residence, investors and their families become eligible for permanent residence. They have several options: $ 500,000 in a rural or high unemployment rate that would create 10 full-time jobs or direct $ 1 million in one US enterprise. Funds must remain invested until permanent resident status, usually lasting four years.

Dominica, a 100,000-dollar citizenship.Dominica is an attractive destination for residents in more than 110 countries because it does not require an access visa. For those who want to obtain citizenship in Dominica, this can be done in two ways: through a donation of $ 100,000 / person or $ 200,000 for a family with up to 4 members to the National Transformation Fund or a real investment estate of $ 200,000.

And also for 177 destinations are given access to those who obtain Portuguese citizenship, with only 250,000 dollars invested in this country.

Buying a citizenship is not necessarily more expensive than buying a residence. In the islands of the Caribbean, Antigua, BarbudaGrenadaSt. Kitts and Navis and St. Lucia, citizenship can be purchased between $ 100,000 and $ 150,000 and can be earned within a maximum of three months. Citizenship in these islands offers visa-free travel to more than 130 destinations.

Cyprus, citizenship of 1.5 million euros. Until recently, Cyprus had the most expensive citizenship program in the world. Currently, it is the third country where double citizenship costs the most. Options include: real estate investments of at least 2 million euros or investments of at least 2 million euros in businesses or companies operating in Cyprus. Also in Cyprus you can get a residency if you buy a new property of at least 300,000 euros, you have a deposit of at least 30,000 euros blocked for three years and you have an annual income of at least 30,000 euros obtained abroad.

On the other hand, those who want the citizenship of an EU Member State, and thus get the right to work here, have to pay on top and on top. For investments of $ 1.2 million, Malta is the cheapest European country and offers citizenship to foreigners in a maximum of one year. For a double sum, citizenship can be obtained in Cyprus within 3-6 months. Most of Austria is demanding - nearly 10 million dollars invested in the country's economy, in return for citizenship, which can be obtained in two to three years.

EU introduces visas for Americans

European Union announced that, starting in 2021, it will require citizens from countries that do not require visas to travel to the Schengen area, including the United States, to apply for an authorization to visit the Member States. The process will take place through the European Travel Information and Authorization System, an automated online system designed to reinforce visitor security controls. The trial will cost about $ 8 and will not take more than 10 minutes, according to the European Commission. Responses will be checked by Interpol and other security databases, and prospective travelers will receive an email approval or rejection in just a few minutes or up to four weeks. Thus, the EU introduces the ETIAS (European Travel Information and Authorization System) which is reciprocity for the ESTA (Electronic System for Travel Authorization) that EU citizens from Visa Waiver countries (generally from the Schengen area) need to walks in order to enter the United States. ETIAS and ESTA are basically pre-verification and pre-authorization systems of travel, not even a visa-issuing system. These are just some safety measures that countries take when they are visited by foreign citizens.

The ETIAS introduced by the European Union applies not only to US citizens but to all non-EU countries who do not need a genuine visa to enter the Schengen area (Albania, Moldova, Serbia, Ukraine etc.). For both ETIAS (Schengen) and ESTA (US) verification and authorization, citizens who want to travel will need to obtain online travel pre-authorization, fill forms and pay ($ 14 or € 8). Romanian citizens do not need to go through the ESTA because they are already part of the process by checking when the visa is issued. In addition, control over "Visa Waiver" countries in the United States is on the other hand.

United States citizens who want to travel to one of the 26 Schengen member states will need a visa from 2021, the European Union said.

Visas such as the European Travel Information and Authorization System (ETIAS) will be required for travel to the Schengen Area.

Currently, Americans do not need a visa for travelers of less than 90 days in Europe.

The EU said the new restrictions are needed to "avoid future problems of illegal migration and terrorism," arguing that ETIAS visas are valid for three years.

"ETIAS visas for Americans are visas that allow more entry and fewer restrictions to promote tourism while maintaining a high level of international security," an EU spokesman said.

Most people in the European Union can travel to the United States without a visa, but this does not apply to citizens of Romania, Poland, Cyprus, Croatia and Bulgaria.

The European Union has called for the lifting of the restrictions and in 2016 the European Commission has published a report calling on the US authorities to raise these requirements.

To obtain an ETIAS visa, Americans will need "a valid passport, a credit or debit card and a longer account."

Minors will be able to enter the Schengen area without an ETIAS visa and will only need a passport to travel.

The major change to ETIAS is that for citizens of countries that usually travel to Europe only with their passport, they will be given a further control step before entering a Schengen Member State. To pass this check, Americans must have a valid passport, credit or debit card, and an email address to request an ETIAS (European Travel Information and Authorization System) visa. Minors will only need passports and sign up for ETIAS. Currently, US citizens do not need visas for stays shorter than 90 days in the Schengen area. "Like other countries and regions in the world, Europe has recently decided to improve its security system to avoid any other problems with illegal migration and terrorism," the ETIAS website said. The European Commission published for the first time in 2016 a report requesting the United States to waive the visa application for citizens from five EU countries - Bulgaria, Cyprus, Croatia, Poland and Romania, because, according to EU rules, all citizens Europeans must benefit from the same treatment. Last June, the European Parliament voted in favor of imposing a visa system for US citizens. American officials say there is certainly a frustration in Brussels regarding visas for the five member states, but they say, it is a "technical decision, not a political decision". The measure is related to the security of passports and to the percentage of visas for the United States that are denied, called refusal rates, Washington claims. The European Commission declares that visa refusal rates for countries such as Bulgaria and Croatia remain above the 3% threshold set by US law, but steady declines are evident. Cyprus is below this threshold, says the European Executive.









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