US citizens can enter 116 countries without a visa, 37 with a visa upon arrival, 21 with an eVisa, and 24 other countries require a visa. That’s not too surprising then, that Latitude reports that more Americans are seeking out a secondary passport—demand has been on the rise in the last decade. According to Forbes, 40% of Americans were eligible for dual citizenship in 2022. The publication also reported that getting a second citizenship is an expensive process, which is predominantly sought out by wealthy people.
More Americans Are Trying to Get a Second Passport Right Now (msn.com)
If you don’t have immigration privilege (the other 60% of Americans), for most, having wealth is necessary to get residency or citizenship in another country.
According to this graphic, the U.S. passport’s utility ranks 39th in the world now: Passport Index – Latitude Residency & Citizenship (latitudeworld.com) – but since there is little difference between the top ranked countries, this ranking does not matter for most people.