Join | Sign In
Cameroon Has Hiked Passport Prices, Here’s Why That’s Bad for Trade
29 views
0 comm

Cameroon Has Hiked Passport Prices, Here’s Why That’s Bad for Trade

Staff

Cameroon recently announced an overhaul of its passport application process, rolling out an online process that would take two days to obtain a biometric passport. The new decree came into effect on July 1st, 2021, and it is too soon to tell how efficient the new machines will be. The most contentious issue is, of course, the price.

Huge Price Rise for Travelers

At 110,000 FCFA ($198), Cameroon now offers one of the most expensive passports in the world. To put it in context, the cost of making a passport is three times the minimum wage and about the same as how much the average worker earns every month. It will take the minimum wage employee over 500 working hours and the average earner over 160 hours to get a passport that only accesses 49 visa-free countries.

The further problems are hidden costs usually associated with preparing and receiving official documents, some of which require Cameroonians to have a passport. Judging by how Cameroonians usually obtain a passport, the new procedure doesn’t look like it will rush people to immigration offices.
Some Cameroonians may even cancel their travel plans as a result of the new measures. Passports aren't technically required to enter neighboring countries, but recent trouble at Cameroon's borders makes it safer to have one, discouraging travel and trade for the ones that need it the most.

EXIMA News

The Consequences

For small business owners running on small capital, the price rise makes them delay travel, especially when they need proof of a visa before gaining access to certain opportunities outside the country.

For those who don't need to save for months to obtain a passport, this hike from 75,000 to 110,000 FCFA may be good news. In the past, this process has been a chance for middlemen to make profits, but for Cameroon’s upper-middle class, getting a passport in 48 hours could be a real hassle. Travelers and small-scale importers whose first passports expired have to pay the price.

Learn More With EXIMA News

If you found this article helpful, be sure to check out the rest of our News Section today for more useful information!

You may also like

Sep 10
2021
Trade deal to boost Turkey-UK strategic partnership: British envoy
Trade deal to boost Turkey-UK strategic partnership: British envoy

How might a new free trade agreement boost Turkey-UK relations in the aftermath of the UK's exit from the EU? Come check out our article to learn more!

Staff
Comments (0)
Sep 17
2021
HSBC Facilitates Paperless Trade First for Steel Export Between UAE and India
HSBC Facilitates Paperless Trade First for Steel Export Between UAE and India

HSBC has taken a huge step forward by completing the first blockchain-enabled trade finance transaction between the UAE and India. Read our blog to see how this may pave the way for more widespread use of this technology!

Staff
Comments (0)
This website uses cookies. By using this website, you consent to our use of these cookies