The privilege of holding on a U.S. passport falls short when compared to travelers from Japan, Singapore, France, Germany, Italy and Spain—which collectively ranked as the most powerful passports in the world, according to a report this week from global migration firm Henley & Partners.
The world’s wealthy have flooded residency-for-investment programs in recent years, buying homes or investing in economies from Singapore to Dubai with an eye to having a Plan B—whether to avoid geopolitical turmoil or onerous taxes. An additional perk for some citizenship-for-investment…
