The newest rating by Henley & Partners, a worldwide investment migration consultant, places the UAE passport as the 15th most potent in the world, with a visa-free or visa-on-arrival score of 176. It continues to be the most powerful in the larger Arab world as well as the Gulf Cooperation Council (GCC) area. Read on to know more.
UAE Passport Declared As A Pandemic Winner
The study paper dubbed the UAE a pandemic winner and said that as the index’s greatest gainer, the country had achieved previously unheard-of feats. One thing has been steady throughout all the upheaval of the previous two years: the rising strength of the passport, which now holds the 15th spot on the list with a visa-free or visa-on-arrival score of 176. The nation has seen unprecedented growth over the last ten years as the index’s highest climber. In 2012, it came in 64th position with a score of merely 106.
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UAE Becomes Top Priority For Investors
It is discover that wealthy investors and high-net-worth people are also showing keen interest in the UAE. In 2022, the country is predicting to have one of its largest-ever net inflows of HNWIs, with an estimated net rise of 4,000, or a staggering 208 per cent increase over 2019.
The UAE was #1 on Arton Capital’s Global Passport Index for mobility last year. Additionally, visa restrictions for GCC nationals travelling to critical business and transportation centres are lowering. To ensure that these tourists may travel to and within the UK without a visa. GCC citizens will be the first to benefit from the UK’s new electronic travel authorization service in 2023. The UK and the UAE have both signed sovereign investment agreements.
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