Cyprus's passport currently holds the 21st spot in global rankings, with a total score of 104.00.
This ranking takes into consideration various factors including travel opportunities, taxation policies, global reputation, dual citizenship policies, and personal freedom.
To evaluate the travel aspect, which accounts for 50% of the overall score, experts have analyzed data from trusted sources such as the IATA and the Henley Index. They have assessed the number of countries that Cyprus passport holders can visit without a visa, with a visa upon arrival, or with an electronic travel authorization (eTA). Cyprus has received a Travel score of 168, indicating access to 168 different destinations without the need for a visa, visa on arrival, or an eTA. Additionally, there are 82 places where a physical visa or an eVisa is required.
In terms of taxation, which carries a weightage of 20% in the score, Cyprus has received a score of 30. This reflects the country's willingness to allow its citizens to relocate in order to reduce their tax burden.
The global reputation of Cyprus and how welcoming other countries are to its citizens account for 10% of the score. Cyprus has received a score of 40, indicating that its citizens generally receive a warm welcome abroad.
Another 10% of the score evaluates the ease with which Cyprus citizens can hold two passports. Cyprus has scored 50 in this category, suggesting that dual citizenship is typically not a problem.
Lastly, the level of personal freedom enjoyed by Cyprus citizens, which accounts for another 10% of the score, is reflected in the Freedom score. Cyprus has earned a score of 50, indicating that its citizens have substantial personal freedom.
Therefore, it is important to consider more than just travel when assessing Cyprus's passport ranking. The ranking also takes into account taxation policies, global perception, dual citizenship opportunities, and the freedom enjoyed by its citizens. Cyprus remains an attractive option for individuals seeking personal freedom, travel possibilities, and a strategic approach to taxes.
