AVOID These Passports at All Costs

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In this video, we present a set of rankings for the best and worst value passports in the world, as covered by Sky News. Mr. Henderson also reveals a more holistic set of criteria for determining a passport's value, and he explains what specifically is the worst value passport.

00:00 Rankings Criteria
00:32 Top-Ranked Passports
03:11 UK and US Passport Scores
04:12 Actual Passport Value
06:46 Conscription
08:11 Citizenship-Based Taxation
09:21 Citizenship Options

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[tiomoidofangle]

They raise the price to discourage non-affluent people from traveling.
Price is what you pay; value is what you get. Remember that.

[WJnes-nu]

Risking your life for corporations, rich companies, never, it’s not fighting for your country, defending your country, forget it, leave.

[budbas]

We pay to enjoy our life. We don't pay to satisfy the politician and die in war under their command.

[mjg]

I heard from a Russian/German dual citizen (who became a naturalized German just this year) that he had to sign a document that states that if he gets in trouble in Russia or is under duress while in Russia, Germany may not come to his aid or rescue him. He had to sign that BEFORE he would be granted a German citizenship. Of course situations vary depending on the case. But I was shocked when I heard that.

[NoStoryNoWorry]

After watching your channel a while, I’ve narrowed down a passport to two key factors:
1. Level of ease in obtaining
2. Geopolitical-economic access

[faresabousaleh]

I am in the process of renewing my Syrian passport, while living abroad the only way to get it is through an online platform while you need to pay 300 USD for the passport + 39 USD return back fees via courier + 43 USD commission fees + 27 USD platform fees + sending the old passport fees by courier, you finally end up paying 450-500 USD for only 2.5 years passport (6 years for who did the obligatory military service and for females). If you want an urgent quick passport just replace the 300 USD above with 800 USD, and those are very high numbers for the average Syrian man who needs to get passports for the whole family. The Syrian passport is considered one of the weakest on earth and the most expensive one. The government is eating its people.

[arshadali]

The cost of the passport -- whether $15 or $150 -- doesn't really factor into the broader costs of citizenship. US citizenship is becoming -- as you've indicated in numerous videos -- steadily less attractive. British citizenship -- after Brexit -- has become even less attractive. Put Canada in the same bracket as the USA and Britain. All these anglophone countries are in desperate need of revenue because of their failing economies, their military budgets (gotta fight those Russians and Chinese, though I don't know why), and their aging populations with escalating pension and health care costs. Western Europe is in a similar situation. And hence higher levels of taxation, fewer benefits to citizens (aka "austerity"), and higher costs for government services (like passports).

[Teochewtuahang]

In Australia, not only passport cost 400AUD but when you travel outside the country, there is departure levy, which usually already included in the ticket

[lbarrass]

You forgot Australia... AUD398 -> USD272

[Coffee]

You're 100% correct, the number of Brits who complain about never being able to get through to their embassy while abroad is unbelievable.

[jamalgreen]

Andrew doesn't waste any time right in the beginning in every video we already know what we are in store for, but I am not surprised The U.K. passport is declining. I had this conversation yesterday with an Uber driver and I stated countries that have bigger governments western countries specifically will have heavy-handed governments. Now with more UK, Australians, Americans, and Canadians living abroad, we are starting to see the second phase of limitation. First western governments were limiting and applying restrictions on their citizens within their home country and now we are going to see them apply heavy restrictions and limitations internationally. Shortly Eastern countries will start to tighten up on citizens from Western countries because of all the baggage and extra restrictions that comes along with them.

[gavinclaassen]

Another reason not to have a UK passport is because the UK no longer has embassies in most cases. One has to find the correct application form online which is impossible, so at the cost of about £30 to DHL you fill whichever online form and send your completed forms with passport photos and wait for them to inevitably reply via email that the form you completed is an old version and they hopefully email to you the correct form to re fill AND re send via DHL AGAIN !!! Then fill payment details on bank transfer form and wait for up to 2 months . I was told off the record that they no longer operate their High Commission for it original purpose, but instead they turned them into quasi military drone flying bases instead, so much for all that rip off tax money UK taxpayers keep paying without protest !?!?!?

[fjorddenierbear]

You bring an immense amount of value, so although I cannot afford your services, I am truly grateful for all the free content you offer.
Not many individuals/companies provide this much free value.
So it's just sad with the complainers, but I have realized that they are just part of the Internet ecosystem.
If they weren't complaining about Nomad Capitalist, they would find something else to complain about.

[casojidesigns]

US passport $130 for 10 years my Colombian 🇨🇴🇨🇴🇨🇴 passport was cheaper to get in 🇨🇴 versus in A Colombian embassy in NY well over $200!!! An an expedited one cost me $350 it was insane!!!

[chickensinmotion]

That suit jacket is dope, good color on Andrew

[akeeldberg]

The cost of travel is not just the passport. Some countries also charge you for entering the airport. Philippines, for instance,

[englishonetrainingonline]

"Risk my life for the politicians" doesn't sound like a great proposition

[phyllisb-chronicles]

I have always said ignorance is NOT bliss! Thank you for continuing to educate the masses

[OscarMariadella]

Recently paid for the Australian passport. 400 AUD, roughly 270 USD.

[Demiarioch]

I've watched a lot of your videos. They're all really good, but this one... this one really kicked me you know where, but in a good way.