{"id":94929,"date":"2021-07-06T18:00:00","date_gmt":"2021-07-06T08:00:00","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2021\/07\/06\/pandemic-continues-to-erode-strength-of-premium-passports\/"},"modified":"2021-07-06T18:00:00","modified_gmt":"2021-07-06T08:00:00","slug":"pandemic-continues-to-erode-strength-of-premium-passports","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2021\/07\/06\/pandemic-continues-to-erode-strength-of-premium-passports\/","title":{"rendered":"Pandemic Continues to Erode Strength of Premium Passports"},"content":{"rendered":"

LONDON<\/span>, July 6, 2021<\/span> \/PRNewswire\/ — The latest results from the Henley Passport Index<\/a> \u2014 the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa \u2014 show that while there is cause for optimism, it must be tempered with the reality that cross-border travel continues to be significantly obstructed. Although some progress has been made, between January to March 2021<\/span>, international mobility had been restored to just 12% of pre-pandemic levels, and the gulf between theoretical and actual travel access remains significant.<\/p>\n

With the postponed Tokyo<\/span> 2020 Olympics just weeks away, and the country in a "quasi" state of emergency, Japan<\/span> nonetheless retains its hold on the number one spot on the Henley Passport Index<\/a> \u2014 which is based on exclusive data from the International Air Transport Association<\/a> (IATA) \u2014 with a theoretical visa-free\/visa-on-arrival score of 193. <\/p>\n

While the dominance of European passports in the Top Ten has been a given for most of the index’s 16-year history, the pre-eminence of three Asian states \u2014 Japan<\/span>, Singapore<\/span>, and South Korea<\/span> \u2014 has become the new normal. Singapore<\/span> remains in 2nd<\/sup> place, with a visa-free\/visa-on-arrival score of 192, and South Korea<\/span> shares joint-3rd<\/sup> place with Germany<\/span>, each with a score of 191. <\/p>\n

However, when compared to the actual travel access currently available even to the holders of top-scoring passports, the picture looks very different: holders of Japanese passports have access to fewer than 80 destinations (equivalent to the passport power of Saudi Arabia<\/span>, which sits way down in 71st<\/sup> place on the ranking) while holders of Singaporean passports can access fewer than 75 destinations (equivalent to Kazakhstan<\/span>, which sits in 74th <\/sup>place). <\/p>\n

Plummeting UK and US passport power<\/b><\/p>\n

There is a similarly gloomy outlook even in countries with highly successful Covid-19 vaccine rollouts: the UK and the US currently share joint-7th<\/sup> place on the index, following a steady decline since they jointly held the top spot in 2014, with their passport holders theoretically able to access 187 destinations around the world. <\/p>\n

Under current travel bans, however, UK passport holders have suffered a dramatic drop of over 70% in their travel freedom, currently able to access fewer than 60 destinations globally \u2014 a passport power equivalent to that of Uzbekistan<\/span> on the index. US passport holders have seen a 67% decrease in their global mobility, with access to just 61 destinations worldwide \u2014 a passport power equivalent to Rwanda<\/span>.<\/p>\n

\"Comparison:<\/a>
Comparison: HPI 2021 Q3 visa-free scores with no travel restrictions vs visa-free scores taking Covid-19 travel restrictions into account.<\/span> <\/div>\n

Dr. Christian H. Kaelin<\/span><\/a>, Chairman of Henley & Partners<\/a>, says the gap in travel freedom is now at its widest since the index began in 2006, with Japanese passport holders able to access 167 more destinations than citizens of Afghanistan<\/span>, which sits at the bottom of the index with visa-free access to just 26 destinations. "Increasing isolationism and deglobalization will have profound consequences, among them further damage to the world’s economy, a significant reduction in global mobility, and restrictions on people’s freedom."<\/p>\n

IATA’s Director General, Willie Walsh<\/span><\/a>, warns that international travel should not be restricted to those who have access to vaccination. "The freedom to travel is important. We need a secure system to efficiently integrate the checking of vaccine or testing certificates into the travel process. The IATA Travel Pass<\/a> enables travelers to securely share their health credentials with governments and airlines."<\/p>\n

Exclusive research commissioned by Henley & Partners<\/a> and published in its latest Q3 Global Mobility Report<\/a>, indicates that since the pandemic was declared, the EU has seen a drop in tourism of nearly 90%, the UK has had a 73% decline in tourist numbers, and the US has experienced a 69% decrease in international visitors. With Australia<\/span> and New Zealand<\/span> slamming their doors firmly shut early in the pandemic, they received only 1% of their March 2019<\/span> visitors in March this year.  <\/p>\n

Robert Maciejewski<\/span><\/a>, CEO of SIP Medical Family Office in Switzerland<\/span>, says "even if a legal obligation to obtain a Covid passport is unlikely in most democratic countries, not having one will probably result in de facto restrictions of your freedom, whether it comes to travel or daily activities." <\/p>\n

However, Prof. Mehari Taddele Maru<\/span><\/a> of the Migration Policy Centre warns that "weaponizing vaccine donations to serve narrow national interests will only delay rollouts and incur further human and economic costs in addition to the millions of deaths and a possible USD 9.2 trillion<\/span> loss to the global economy." <\/p>\n

Dr. Juerg Steffen<\/span><\/a>, CEO of Henley & Partners<\/a>, says "ensuring future access to multiple residence options and\/or having dual citizenship has become even more essential for entrepreneurs and investors and their families as a means to mitigate volatility and reduce their exposure to risk at a national, a regional, and global level." <\/p>\n

Read the full Global Mobility Report 2021 Q3<\/a><\/p>\n

Photo – https:\/\/mma.prnasia.com\/media2\/1556604\/henley_partners_infographic.jpg?p=medium600<\/a><\/p>\n

Related Links :<\/p>\n

https:\/\/www.henleyglobal.com<\/p>\n","protected":false},"excerpt":{"rendered":"

LONDON, July 6, 2021 \/PRNewswire\/ — The latest results from the Henley Passport Index \u2014 the original ranking of all the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[105],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/94929"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=94929"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/94929\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=94929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=94929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=94929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}