Feeling the yen (pun intended) to explore the Land of the Rising Sun? You’re in luck, because the Japanese yen’s plunge has made the country a generational nomad travel bargain 💴 

Read more on why Japan should be on everyone’s radar for 2024.

This Week in Nomad Deals

🛂Passport Price Increase: Several Caribbean countries are set to double the price of their “golden passport” offerings by the end of this month.  

💰Japan Bargain: The U.S. dollar has surged to the highest level against the Japanese yen since the 1980s.

✈️Cheap Flights to Asia: We uncovered one-way fares from the U.S. to Asia for under $500 this summer.

📈Currency Trends: After a lackluster 2023, the U.S. dollar has rebounded against many foreign currencies over the last three months.

Golden Passport Prices Jacked Up

Most people know small Caribbean countries for their white sand beaches. But for some digital nomads, a few of these tiny nations are known for another amenity: the ability to buy citizenship.

That deal is about to get much more expensive.

Dominica, Antigua & Barbuda, and Grenada have signed a treaty that will raise the price of their “golden passport” to $200K by June 30 — double the price, in some cases.

Saint Lucia, where a passport retails for a cool $100K, is the lone holdout, although the country is expected to sign soon.

Who Buys Second Passports? For wealthy nomads from countries with weak passports, Caribbean citizenship provides the ability to travel to Europe without a visa.

Japan: (Still) the Biggest Travel Bargain of 2024

Last week, one U.S. dollar💵 jumped above 160 yen 💴

Why is that significant? For starters, the last we saw the yen at this level, Ronald Reagan held the White House and Michael Jackson topped the charts.

At the same time that the yen has deteriorated, annual inflation in Japan remains low at under 3%. In short, Japan has become astonishingly cheap for a first-world country.

But wait, there’s more.