Breaking news

Cyprus Passport Emerges Among World’s Elite for Mobility, Tax, and Personal Freedoms

Cyprus Passport: A Strategic Asset for Global Citizens

The Cyprus passport has firmly established itself as a coveted asset for internationally mobile professionals, reflected in its impressive fifth-place ranking in the Nomad Passport Index 2026. This authoritative ranking, issued by boutique tax and immigration consultancy Nomad Capitalist, underscores the island nation’s unique blend of extensive travel access, advantageous tax frameworks, and robust personal freedoms.

Comprehensive Evaluation Across Multiple Pillars

The Nomad Passport Index goes well beyond mere visa-free travel metrics, assessing 199 countries and territories on the basis of five key pillars: global mobility, taxation policies, global perception, dual citizenship rules, and personal freedoms. Cyprus earned an overall score of 107.5 points, placing it among the world’s premier passports and notably ahead of major economies such as the United Kingdom and the United States.

Unrivaled Mobility and Fiscal Advantages

In the travel category, which integrates visa-free access, visa-on-arrival provisions, and electronic travel authorizations, Cyprus demonstrated strong performance equivalent to admission across 171 destinations. Furthermore, its tax regime earned a score of 40, largely due to its treatment of non-dom income under territorial or remittance-based systems. These features are especially attractive to entrepreneurs, investors, and international professionals seeking benefits that extend well beyond conventional travel privileges.

Favorable Legal Environment and Global Reception

Cyprus achieved the maximum score of 50 in both the dual citizenship and personal freedom categories. Such accolades highlight a legal framework that not only permits multiple nationalities but also safeguards essential civil liberties without imposing burdens such as compulsory military service or invasive state surveillance. A score of 40 in global perception further indicates that Cyprus is viewed favorably across international metrics such as the World Happiness Report and the Human Development Index.

Empowering Second Citizenship

According to the report, a passport is more than just a travel document—it serves as a core element of personal identity and a powerful tool for expanding one’s global horizons. As stated by Andrew Henderson, founder of Nomad Capitalist, “Go Where You’re Treated Best.” This philosophy encapsulates the growing trend among high-net-worth individuals who view second citizenship as a means to transcend geographical boundaries and unlock new economic and personal opportunities.

Comparative Advantages in a Competitive Landscape

The report highlights that traditional powerhouses such as the United Kingdom and the United States lag behind in this new era of global mobility. The United Kingdom received 102.5 points, while the United States, penalized by its policy of taxing citizens regardless of residence, garnered a mere 100 points alongside the lowest possible tax score of 10. In stark contrast, Cyprus not only surpasses these scores but also reinforces its position as one of the most competitive EU passports in a rapidly evolving global landscape.

Conclusion: A Blueprint for Global Competitiveness

Cyprus’s ascent to the upper echelons of the Nomad Passport Index is indicative of a broader shift in the geopolitical and economic paradigm. By combining EU mobility, favorable tax treatment, and liberal dual citizenship policies, this small island nation has redefined what constitutes a powerful passport in today’s world. Its success serves as a blueprint for other countries aiming to attract global talent and capital in an increasingly competitive environment.

Rolls-Royce Raises Guidance As Defense And Power Systems Drive Growth

Rolls-Royce raised its full-year profit and cash flow guidance after reporting stronger-than-expected first-half results, supported by growth across its civil aerospace, defense and power systems businesses.

Underlying operating profit rose 46% year on year to £2.5 billion ($3.3 billion) in the first six months of 2026, while revenue increased more than 24% to £11.3 billion.

The company now expects full-year underlying operating profit of £4.7 billion to £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. It also raised its free cash flow forecast to £3.8 billion to £4 billion, compared with £3.6 billion to £3.8 billion previously.

Shares rose as much as 6% in early trading before paring gains to trade about 4% higher.

Data Center Demand Supports Power Systems

Chief Financial Officer Helen McCabe told CNBC that orders in Rolls-Royce’s data center power business increased by more than 50% in the first half as operators invested in backup and on-site power systems.

The company has benefited from growing demand for power infrastructure as data center operators expand capacity.

Defense Spending Provides Additional Support

McCabe also said Rolls-Royce expects to benefit from higher defense spending in the U.K. and across NATO countries. She cited the U.K.’s long-term defense investment plan, which provides funding visibility through 2030 and beyond.

“We’ve had very positive initial conversations with the new government,” McCabe said, adding that the company supports its focus on growth, defense and industrial manufacturing.

Turnaround Continues

Chief Executive Tufan Erginbilgic said the company’s transformation strategy continued to deliver results. “Our transformation continues to deliver,” he said in a statement. “We have unlocked new growth opportunities across the Group.”

Aretilaw firm
eCredo
Uol
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter