Revealed: the world’s priciest passports

  •  A new study by Compare the Market AU has revealed the countries with the some of the most expensive passports in the world
  • India had the second cheapest passport on the list overall
  • India’s passport was also the cheapest per valid period

 New research by Compare the Market AU has revealed some of the most (and least) expensive passports globally.

The travel insurance comparison experts compiled a list of passport fees around the world and compared them based on price, years valid and power – finding some nations’ passport power can come with a high price tag.

The Indian passport was the second cheapest overall, and was the least expensive passport per years valid! However, Indian passport holders can only travel to 62 nations without a Visa, which is significantly lower than many other passports on the list.

Despite having comparably powerful passports, other nations such as Australia, the USA and Canada consistently found themselves nearing the bottom of the list due to high passport fees relative to other countries.

Here are the five most expensive passports in the study:

Rank Nation  Cost of passport (USD) Valid for (years) Visa free countries USD / year
25 New Zealand  $126.41 10 190  $12.64
26 Mexico (6 years)  $131.94 6 162  $21.99
27 USA  $165.00 10 189  $16.50
28 Australia  $225.78 10 190  $22.58
29 Mexico (10 years)  $231.05 10 162  $23.11

And the five least expensive passports in the study:

Rank Nation  Cost of passport (USD) Valid for (years) Visa free countries USD / year
1 UAE  $17.70 5 183  $3.54
2 India  $18.07 10 62  $1.81
3 Hungary  $20.75 5 188  $4.15
4 South Africa  $31.61 10 108  $3.16
5 Kenya  $32.16 10 76  $3.22

Compare the Market’s Executive General Manager of General Insurance, Adrian Taylor, said the study revealed the importance of keeping your travel documents safe while overseas.

“Damage, loss or theft of your passport is an unfortunate risk many people face while overseas,” Mr Taylor said.

“It is important to stay vigilant and take care of these vital documents, as even minor damage can stop you from travelling in some instances.

“If your passport is lost, damaged or stolen while overseas, it is important to contact the relevant authorities as fast as possible, as in some cases you could be charged or fined if you cannot present appropriate and valid identification.”

To view the full tables and results, visit: https://www.comparethemarket.com.au/travel-insurance/features/cost-of-a-passport-2024/

Check Also

Spandana reports highest ever PAT of ₹501 Cr for FY24.

YoY AUM up by 41%, NII up 59%; GNPA down to 1.50%, NNPA at 0.3% …