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26 May 2016


10 Best Second Passports and Citizenship by Investment Programs For 2016

Here are the 10 best second passports for 2016. The citizenship by investment industry has undergone a lot of changes in the last year, including a major change to the St. Kitts passport offering. It’s has been kept quiet by those hyping this passport, but I’ll give you the full story here.
Here’s everything you need to know to buy the best second passport in 2016.
How to Value a Second Passport
First, let’s talk about how to value a second passport. The best second passport is a) the one you can afford b) that gives you visa-free travel to the most countries. The smaller the number and the less desirable the countries, the less you should pay.
For example, a second passport from Austria is the 4th most valuable travel document in the world and the most valuable second passport you can buy. This is because it gives you visa-free access to 171 countries.
That is to say, a second passport from Austria is a group 4 travel document. A group 1 passport gives you visa-free travel to 174 countries. Group 1 passports are those issued by the US, UK and Germany. Group 2 offers travel to 173 nations including Canada. Group 3 gets you access to 172 countries and is a passport from Belgium and Netherlands.
Because an Austrian passport gives you visa-free access to 171 countries, it’s a 4th tier passport and the best second passport you can buy… if money is no object. By comparison, Dominica gives you visa-free travel to 91 countries and is thus in the 41st tier.
A second passport from an EU country (Bulgaria, Hungary, Malta, Cyprus or Austria) also gives you the right to live and work anywhere in the European Union.
Finally, the number of visa-free travel countries gives you an indication of how your new passport will be received by world banks. An EU passport will allow you to open an account anywhere in the world. A passport from St. Kitts will have fewer options, but generally accepted. I expect it to be nearly impossible to open an account abroad with a passport from Comoros (last on my list of 10 best second passports).

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