Every quarter, the Henley Passport Index publishes a ranking of the world's passports by the number of destinations their holders can access without a prior visa. It is the most widely cited benchmark in the investment migration industry, and it influences decisions about second citizenship, naturalisation, and residency planning for high-net-worth individuals worldwide.
This guide explains how the Index works, what it measures, what it does not measure, and how to use it intelligently in passport planning as of 2026.
What the Henley Passport Index Measures
The Henley Index, produced by London-based residence and citizenship advisory firm Henley & Partners in partnership with the International Air Transport Association (IATA), ranks passports by the number of destinations accessible to their holders without a prior visa requirement. This includes:
- Visa-free access (no visa needed at all)
- Visa on arrival (a visa is obtainable upon landing without pre-application)
It does not include:
- eTA (electronic travel authorisation) systems such as those required for many countries entering Canada, Australia, or the UK — these are counted differently in some editions
- Destinations accessible only via prior application (traditional visa)
The Index draws on IATA's TIMATIC database, which airlines use to check travel documentation requirements, making it practically grounded rather than theoretical.
The 2026 Leaders
As of 2026, the top tier of the Henley Index is dominated by European Union passports and a cluster of wealthy Asian-Pacific nations. The exact rankings shift with each quarterly update as bilateral visa agreements evolve, but the structural picture is stable.
Consistently top-ranked passport groups include:
- EU passports (particularly France, Germany, Italy, Spain, Finland, Sweden, Denmark, Netherlands, Austria, Luxembourg): Access to 185–195 destinations. These passports combine EU free movement rights — the right to live and work in all 27 EU member states — with extensive global visa-free access built over decades of diplomatic relationships.
- Japan and Singapore: Consistently ranked at or near the apex, with access to 190-plus destinations. Singapore's passport is particularly notable given the country's small size; it reflects the island state's extraordinary diplomatic and economic relationships.
- United Kingdom: Post-Brexit, the UK passport retains very strong visa-free access (185-plus destinations) but has lost the EU free movement dimension that once made it especially powerful for European mobility.
- United States and Canada: Strong performers typically in the top 10–15, with access to 180-plus destinations.
The middle tier (roughly 130–175 destinations) includes Eastern European states, Gulf nationals, and Latin American passports. Many of these have improved significantly over the past decade as bilateral visa liberalisation progressed.
The lower tier (fewer than 100 destinations) comprises passports from states with strained diplomatic relationships, sanctions exposure, or limited bilateral treaty networks — Afghanistan, Iraq, Syria, Pakistan, and Yemen consistently appear at the bottom of the rankings.
What Passport Strength Really Means
The Henley number is a useful proxy but an incomplete measure of passport power. Several factors matter beyond raw destination count:
Quality of Destinations
Access to 190 countries is most valuable if those countries include the major economic centres — the US, EU, UK, Japan, China, and Gulf states. Some passports have high headline numbers but limited access to the destinations most relevant to business and investment activity.
EU passports are distinctive because access to the EU single market — 450 million consumers, free movement of capital, goods, and services — comes as a built-in right of citizenship, not merely as a visa-waiver arrangement that can be revoked.
Domestic Rights vs. Global Access
A passport is simultaneously a travel document and a certificate of national rights. Strong passports from stable, well-governed states typically come with robust domestic rights: rule of law protection, property rights, consular assistance abroad, welfare access, and political rights. These matter independently of visa counts.
Citizenship-by-investment passports can score reasonably on visa access but may offer more limited domestic rights given the small size and limited service infrastructure of their issuing states.
Reciprocity and Stability
Visa waiver arrangements are bilateral diplomatic agreements. They can be suspended. The EU, for example, has periodically threatened reciprocity measures against countries that maintain visas for EU citizens. An arrangement that exists today may change; immigration policy is inherently political.
Building passport strategy around a single country's current visa waiver list is therefore risky. A portfolio approach — combining one or two strong EU or equivalent passports with additional citizenships for specific treaty access — provides greater resilience.
The E-2 Treaty Consideration
For investors seeking access to the United States without full US residency or citizenship, the E-2 treaty investor visa is a significant consideration. The E-2 is available to nationals of countries with qualifying bilateral treaties with the US, and it allows significant business activity and residence in the US without permanent immigration. Grenada's CBI passport provides E-2 access; several other Caribbean and Pacific CBI passports do not. This specific treaty access is not captured in Henley rankings but is highly material to many HNW business clients.
How CBI Passports Rank
The major citizenship-by-investment programmes produce passports with the following approximate Henley access as of 2026:
- Malta: 185-plus destinations (EU passport). Important: the European Court of Justice ruled Malta's direct citizenship-by-investment scheme contrary to EU law on 29 April 2025 (Case C-181/23), and Malta has been required to end it — so this is no longer an available direct-investment route to an EU passport. It is included here only for historical context. There is currently no EU member-state direct-CBI programme.
- St Kitts and Nevis: approximately 155 destinations
- Antigua and Barbuda: approximately 150 destinations
- Grenada: approximately 145 destinations (plus E-2 treaty value)
- St Lucia: approximately 145 destinations
- Dominica: approximately 145 destinations
- Jordan: approximately 80 destinations (lower visa-free count, but provides a Jordanian identity with its own strategic value in the MENA region)
- Vanuatu: approximately 90 destinations
These figures shift with each update. Verify current rankings with programme advisers and check recent Henley quarterly publications before making programme decisions.
Using the Index in Passport Planning
The Henley Index is most useful as a screening and comparison tool rather than a decision determinant. Key applications include:
Gap analysis: Where does your current passport fall short? Which specific destinations matter to you that your existing passport does not access well? This might point toward a specific geographic focus for a second citizenship.
Value-for-money comparison: Historically, the cost premium of Malta's CBI programme over Caribbean alternatives could be assessed partly in terms of the difference in destination access and the addition of EU free movement rights. With Malta's direct-CBI route now closed following the April 2025 ECJ ruling, no EU passport is currently available by direct investment; the comparison among live programmes is therefore between the Caribbean options and other non-EU routes, which do not confer EU free movement.
Monitoring trends: A passport that was strong a decade ago may have weakened, and vice versa. Regular monitoring helps identify when portfolio adjustments are warranted.
Family planning: Children born to or adopted by CBI citizens will hold that citizenship. Ensuring the passport they inherit will still serve them well in 20 or 30 years requires looking beyond current rankings to the structural strength of the issuing state.
Limitations to Bear in Mind
The Henley Index does not measure:
- Processing speed, cost, or practical ease of using a passport (some visa-on-arrival systems are operationally cumbersome)
- Domestic rights conferred by citizenship
- Tax consequences of citizenship
- Long-term stability of bilateral arrangements
- The reputational or due diligence implications of holding certain passports
No single ranking system captures all dimensions of passport quality. A holistic assessment requires integrating mobility data with legal, tax, and personal security considerations.
Seek professional legal and tax advice before making any citizenship or residency decision. Individual circumstances vary, and laws and visa arrangements change frequently.
How Global Investments Can Help
Global Investments provides independent, objective passport and residency analysis for internationally mobile high-net-worth clients. Our service includes:
- Analysis of your current passport position against your specific mobility and business requirements
- Comparison of available citizenship and residency routes by access, cost, timeline, and compliance burden
- Coordination with specialist immigration lawyers and international tax advisers
- Ongoing monitoring of index changes, programme updates, and bilateral agreement developments
We do not act as programme agents and do not receive commission from any CBI programme. Our advice is driven solely by client objectives. Contact our citizenship planning team for a confidential consultation.
This guide is for general information only and does not constitute legal, financial or immigration advice. Programme details change; verify current requirements with a qualified immigration lawyer before making any investment or application. Investment values can fall as well as rise.