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The Power of the Portuguese Passport in 2024


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Portugal boasts one of the strongest passports in the world, offering its holders extensive travel freedom and global mobility.

Key Highlights:

  • Global Ranking: According to both Henley Passport Index and CitizenX, the Portuguese passport holds the 5th position globally in 2024.

  • Visa-Free Destinations: Portuguese citizens enjoy visa-free or visa-on-arrival access to 190 countries and territories. This extensive access allows for seamless travel and expands opportunities for both business and leisure.

  • Global Mobility Score: Portugal holds a high global mobility score, reflecting the passport’s strength and the travel freedom it provides.

Why This Matters:

Advantages

  • Increased Travel Freedom

Explore the world with ease, visiting numerous countries without the hassle of visa applications.

  • Enhanced Global Mobility

Relocate, work, or study in various countries with greater flexibility.

  • Improved Business Opportunities

Conduct international business with fewer barriers and greater ease of access to different markets.

  • Elevated Quality of Life

Enjoy a wider range of travel and lifestyle choices, contributing to an enriched life experience.

Golden Visa Program:

Portugal’s Golden Visa program further enhances the desirability of its passport. This program offers residency permits to foreign investors who make qualifying investments in the country. Since its inception in 2012, the program has attracted a significant number of investors, with 12,718 main applicants and 20,424 dependent family members benefiting from it. The Golden Visa program not only boosts the Portuguese economy but also contributes to the strength and appeal of the Portuguese passport by attracting foreign investment and talent.

Bitcoins Adoption:

  • In 2024, an estimated 562 million people worldwide owned some form of digital currency.

  • In the US alone, crypto ownership increased from 30% to 40% in 2024, faster than the similarly early years of the internet.

  • Bitcoins' value has risen by 1,529% in the last 5 years.

  • A 2024 report reveals that 1,179 institutions now hold a combined $193,064,000,000 USD of Bitcoin.

  • There's a limited supply of 21 million bitcoins. 93% have been mined. 3–4 million lost.

Conclusion:

The Portuguese passport is undeniably a valuable asset for global citizens, providing unparalleled travel freedom, opportunities, and a high quality of life. The Golden Visa program further strengthens the passport’s appeal by offering a pathway to residency for investors. Bitcoin could revolutise the space to invest in these programs.

To learn more about the benefits of Portuguese citizenship using Bitcoin and the Golden Visa program, visit www.TheBitcoinvisa.com

Works cited

1. 5th ranking — Henley Passport Index & CitizenX — Wikipedia, accessed on January 6, 2025, https://en.wikipedia.org/wiki/Henley_Passport_Index / CitizenX, https://citizenx.com/portugal

2. Visa requirements for Portuguese citizens — Wikipedia, accessed on January 6, 2025, https://en.wikipedia.org/wiki/Visa_requirements_for_Portuguese_citizens

3. Passport of Portugal | Rank = 3 | Passport Index 2025 | How powerful is yours?, accessed on January 6, 2025, https://www.passportindex.org/?country=pt

4. Portugal Golden Visa Statistics 2024: The Latest Data Revealed, accessed on January 6, 2025, https://www.globalcitizensolutions.com/portugal-golden-visa-statistics/

5. Portugal: The World’s 4th Most Powerful Passport — Why It Matters for Golden Visa Investors, accessed on January 6, 2025, https://www.imidaily.com/sponsored-feature/portugal-the-worlds-4th-most-powerful-passport-why-it-matters-for-golden-visa-investors/

4. Global Crypto Ownership Reaches 562 Million People in 2024: New Report — Triple-A, accessed on January 7, 2025, https://www.triple-a.io/blog/crypto-ownership-report

5. 2024 Cryptocurrency Adoption and Sentiment Report — Security.org, accessed on January 7, 2025, https://www.security.org/digital-security/cryptocurrency-annual-consumer-report/

6. Finder’s Cryptocurrency Adoption Index | Updated quarterly | Finder.com, accessed on January 7, 2025, https://www.finder.com/cryptocurrency/finder-cryptocurrency-adoption-index

7. Cryptocurrency Ownership Data — Triple-A, accessed on January 7, 2025, https://www.triple-a.io/cryptocurrency-ownership-data/cryptocurrency-ownership-data

8. Institutional investors boost Bitcoin ETF growth in the US | Digital Watch Observatory, accessed on January 7, 2025, https://dig.watch/updates/institutional-investors-boost-bitcoin-etf-growth-in-the-us

 
 
 

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