exit Index

Exit Index

The GlobalPassport™ Exit Index (also known as the Balaji Index) is a benchmarking tool that quantifies how difficult it is to emigrate from a country.

What is the Exit Index?

The GlobalPassport™ Exit Index (or the Balaji Index, as it’s known at GlobalPassport™) is a benchmarking tool that quantifies how difficult it is to emigrate from a country. The Exit Index is crucial for anyone who has or who aims to obtain citizenship in another country, particularly if they are considering or must consider renouncing their own citizenship.

The Exit Index offers a clear comparison of passports around the globe and the consequences of renouncing their citizenship against five key indicators that empower our members to make the choices that are right for them.

If you want to think about things that are next,build technologies for what the next society looks like. Apps that allow people to travel and relocate better because it's a huge pain to move from city to city.Anything you can think of that reduces the barrier to exit, that reduces lock-in. If we work together we might be able to build something like this.

-  Balaji Srinvasan

YC Startup School

October 25, 2013

GlobalPassport’s Exit Index (Balaji Index)

COUNTRY

Dual citizenship allowed

Renunciation possible

Difficulty level

processing time

Cost to renounce citizenship

Exit tax

Re acquisition policy

Globalpassport
exit index score

USA

10

9

2

2

1

2

4

42

%

Austria

5

5

2

7

5

6

3

48

%

UAE

5

5

0

7

5

10

3

53

%

Japan

0

2

10

7

10

3

4

54

%

South Korea

5

10

1

6

9

6

5

59

%

Netherlands

5

10

1

6

10

6

4

60

%

Costa Rica

10

0

8

8

8

8

4

62

%

Germany

5

10

1

7

9

7

4

62

%

Malaysia

0

10

1

7

9

10

4

62

%

Spain

5

10

2

6

10

5

6

62

%

Thailand

5

5

3

7

7

10

4

62

%

Argentina

10

0

0

0

0

0

0

63

%

Singapore

0

10

3

7

9

10

3

64

%

Taiwan

5

10

1

6

9

10

5

65

%

Latvia

5

10

2

6

10

10

5

68

%

France

10

10

3

6

9

4

6

69

%

Lithuania

5

10

3

6

10

10

5

70

%

Poland

10

10

3

6

7

10

5

70

%

Bahamas

0

10

7

8

5

10

6

71

%

Canada

10

10

6

5

8

4

6

71

%

Portugal

10

10

4

6

7

8

7

71

%

Slovakia

5

10

4

6

10

10

5

71

%

Slovenia

5

10

4

6

10

10

5

71

%

Australia

10

10

4

6

7

7

6

72

%

Italy

10

10

2

8

7

7

8

72

%

Honduras

5

10

5

7

7

10

7

73

%

Luxembourg

10

10

4

6

7

10

6

73

%

Panama

5

10

6

7

6

10

7

73

%

Switzerland

10

10

3

7

10

7

5

73

%

Croatia

10

10

2

6

8

10

5

74

%

What Key Features does the Exit Index Cover?

The GlobalPassport™ Exit Index (also known as the Balaji Index) covers five key indicators that empower our members to make the choices that are right for them.

Dual Citizenship Allowance

This indicator evaluates a country's stance on dual citizenship, ranging from full prohibition to unrestricted allowance. It provides insight into how flexible or restrictive a nation is regarding its citizens holding multiple nationalities. The assessment relies on comprehensive data from authoritative sources such as the Global Citizenship Observatory (GLOBALCIT) and country-specific immigration departments, ensuring a well-rounded and accurate representation of each nation's policies.

Renunciation Possibility

This factor assesses whether citizenship renunciation is legally possible and under what conditions. It examines the legal framework surrounding the process of giving up one's citizenship, considering any restrictions or prerequisites that may exist. The analysis draws from reliable sources including the U.S. Department of State's Country Reports and national citizenship laws, offering a thorough understanding of the legal landscape for citizenship renunciation in different countries.

Difficulty Level

This indicator measures the complexity of the renunciation process, including paperwork, interviews, and other requirements. It provides a clear picture of how challenging it may be for an individual to navigate the bureaucratic procedures involved in giving up their citizenship. The assessment leverages insights from law firms specializing in immigration, such as Henley & Partners, as well as real-world experiences shared on expat forums and resources like InterNations, offering a blend of expert knowledge and practical perspectives.

Processing Time

This metric evaluates the efficiency of the renunciation process, from application to official approval. It gives potential ex-pats an idea of how long they might need to wait before their renunciation is finalized. The data is sourced from official government immigration websites and international immigration law databases like the EUDO Citizenship Observatory, ensuring up-to-date and reliable information on processing times across different countries.

Cost to Renounce Citizenship

This indicator analyzes the financial burden of renouncing citizenship, including all associated fees. It provides a comprehensive overview of the monetary investment required to complete the renunciation process. The assessment draws from official government fee schedules and insights from international tax advisory firms such as KPMG and Deloitte, offering a detailed and accurate picture of the costs involved in different jurisdictions.

Exit Tax

This factor assesses any tax implications or financial obligations imposed on individuals renouncing their citizenship. It examines whether countries require departing citizens to settle tax liabilities or pay specific exit taxes before allowing renunciation. The analysis relies on authoritative sources such as PwC's Worldwide Tax Summaries and the OECD tax database, providing a thorough understanding of the potential financial consequences of citizenship renunciation.

Re-acquisition Policy

This indicator examines the possibility and ease of regaining citizenship after renunciation. It explores whether countries offer pathways for former citizens to reclaim their nationality and, if so, what conditions apply. The assessment is based on careful analysis of national citizenship laws, offering insight into the long-term implications of renunciation and the flexibility of different countries in welcoming back former citizens.

exit index

Relative Weights of Key
Indicators

RENUNCIATION POSSIBLE - 25%

DIFFICULTY LEVEL - 15%

COST TO RENOUNCE CITIZENSHIP - 15%

EXIT TAX - 15%

PROCESSING TIME - 10%

RE-ACQUISITION POLICY - 10%

DUAL CITIZENSHIP ALLOWED - 10%

"Exit is a ripcode, It’s the last resort, the most effective way of withdrawing consent from a failing state. Leave their jurisdiction to leave them as king of nothing.”

Balaji Srinvasan

exit Index

The Balaji Index offers a clear comparison of passports around the globe against seven key indicators. It can be of particular importance to those who are seriously considering the consequences of renouncing their citizenship and aims to empower our members to make the choices that are right for them.

Price for Renouncing Citizenship

The right to emigrate is a more fundamental right than the right to vote.

-  Balaji Srinvasan

February 21, 2022

The Exit Index Top 10 Countries

Rank order

COUNTRY

EXIT INDEX SCORE

ANALYSIS

1

us flag

USA

46.00%

The exceptionally low score reflects its unique approach to citizenship renunciation, combining high fees, lengthy processing times, and a potentially significant exit tax, effectively creating financial and bureaucratic barriers for those seeking to leave.

2

UAE

50.00%

The restrictive policies on citizenship renunciation, including limited dual citizenship options and a complex process, reflect its focus on maintaining a stable national identity in a country with a large expatriate population.

3

Austria

59.00%

The low score stems from its stringent approach to citizenship, including limited dual citizenship recognition and a difficult renunciation process, mirroring its conservative stance on national identity and integration.

4

Japan

59.00%

The position indicates a reluctance to allow easy citizenship changes, with restrictions on dual nationality and a complex renunciation process, possibly to maintain control over its population in a region with fluid borders.

5

Thailand

59.00%

The low score reflects its traditional view of citizenship as an exclusive relationship, with no dual citizenship allowed and a challenging renunciation process, underscoring its emphasis on national homogeneity.

6

argentina flag

Argentina

63.00%

The position suggests a cautious approach to citizenship changes, with limited dual citizenship options and a difficult renunciation process, possibly influenced by its geopolitical situation and historical concerns about national security.

7

Costa Rica

63.00%

The score indicates a protective stance towards citizenship, with no dual citizenship allowed and a complex renunciation process, likely reflecting its multiethnic society and desire to maintain a balanced national composition.

8

South Korea

65.00%

The surprisingly low score, given its generally progressive policies, suggests a more conservative approach to citizenship, with restricted dual citizenship and a challenging renunciation process, possibly to maintain social cohesion in a diverse society.

9

Netherlands

66.00%

The position reflects its traditionally restrictive citizenship policies, including limited dual citizenship recognition and a complex renunciation process, though recent changes suggest a gradual shift towards more liberal policies.

10

Malaysia

66.00%

The score indicates its careful management of citizenship, with no dual citizenship allowed and a moderately difficult renunciation process, reflecting its approach to maintaining a delicate ethnic balance and national identity in a small, diverse city-state.

Bidding the U.S. Goodbye

Americans renouncing citizenship

Source: The Treasury Department:  The Expat List names US citizens who have renounced their citizenships as well as long-term US resident aliens who have relinquished their Green Cards and who have either a minimum net worth of US$2m or a five-year average of US tax paid greater than US$178,000.

Dual Citizenship Rights

Source: imidaily.com/reports

Applications

Decision Making for Citizenship by Descent, Investment, Marriage or Naturalization

The Balaji Index gives anyone considering giving up their citizenship the autonomy they need to make an informed decision. Many countries, especially in Eastern Europe and the Middle East, do not recognize dual citizenship and therefore require a person gaining that citizenship to renounce their previous citizenships, or require their citizens to renounce their citizenship if it is gained elsewhere.

Autonomy for Individuals

For many, deciding to renounce citizenship can be a difficult and complex decision, and the Balaji Index helps to quantify the decision against these five key indicators. Of course, it is a highly personal decision and we only aim to assist in this decision by providing clear information and benchmarking.

Supporting Emigration

In giving autonomy to individuals who are considering emigration, they can clearly weigh their options with an unbiased overview of the benefits and pitfalls of renouncing their citizenship without wading through long and complex documents.

“History is running in reverse..

Balaji Srinvasan

..the U.S. is becoming more like India of the 1950’s..

Balaji Srinvasan

..It is America that will soon give birth to an impressive international diaspora fleeing economic craziness, ethnic conflict and potentially geographical partition.”

Balaji Srinvasan

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