According to a recent survey, the Indian passport is the second most affordable in the world, right after the UAE’s. India charges the least for a yearly passport. You can only enter 62 countries without a visa if you have an Indian passport. The UAE has the most countries without visas and is the least expensive to enter.
Australia-based Compare the Market AU conducted the survey. It looked at how much passports cost, how cost-effective they are annually, and how many countries they grant visa-free travel to.
According to the analysis, the 10-year passport from Mexico costs the most, at USD 231,05. The cost of a 10-year Australian passport was $225.78.
According to the firm, the UAE charges USD 17.70 for a 5-year validity passport, while India offers the second-cheapest passport at USD 18.07 for a 10-year validity.
At USD 1.81, India has the lowest annual passport fee. Kenya came in third with USD 3.09 and South Africa came in second with USD 3.05 respectively.
According to the statement, experts in travel insurance comparison analyzed passport prices globally based on factors including price, validity, and power. They found that certain countries had relatively high passport fees.
The Compare the Market AU survey shows an intriguing trade-off between price and travel freedom. The Indian passport has the second-lowest cost and annual fee worldwide, but fewer visa-free places than the UAE.
Budget-conscious vacationers must decide. Indians can travel cheaply but may need to apply for visas more often. However, passports from wealthier nations enable visa-free entry, which may simplify travel but cost more.
Travel insurance is useful regardless of passport strength. When traveling overseas, passport protection is essential. Travel insurance can reduce stress and help replace crucial documents, making travel more enjoyable, according to Adrian Taylor.
The choice between price and travel freedom depends on personal objectives and aspirations. The Indian passport is affordable for visa-seekers. More expensive passports from wealthy nations may be better for visa-free travel.
While passports from Australia, the US, and Canada need greater payments, Indian passports offer limited visa-free travel but substantial economic benefits.
Travel insurance is purchased by people to protect their passports from loss, theft, or damage while they are traveling. Adrian Taylor, Compare the Market’s Executive General Manager of General Insurance, emphasizes the value of travel insurance in lowering anxiety and offering comfort.
He claimed that nobody enjoys the stress of the holidays. Travelers abroad run the danger of misplacing or destroying important paperwork. According to Taylor, travel insurance might assist in paying for a replacement if necessary.
