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Branch Working Hours: Mon-Fri 9:30 AM to 6:00 PM, Sat 9:30 AM to 1:30 and Sun closed
*We process Flywire/ Western Union Business Solutions Transactions. **Our Kerala branches are not working on Saturday. *** We are not dealing with coins & Business/ Personal loans or we don't have any subsidiaries companies dealing these products, Beware of frauds.
*We process Flywire/ Western Union Business Solutions Transactions. **Our Kerala branches are not working on Saturday. *** We are not dealing with coins & Business/ Personal loans or we don't have any subsidiaries companies dealing these products, Beware of frauds.



SCHENGEN VISA- SINGLE VISA TO VISIT 26 COUNTRIES IN EUROPE


Europe the sixth largest continent in the world is famous for its travel destinations, culture, food. Many love to travel even for the second time because of the wonderful experience they had there. The most visited countries in the world lies in Europe. VISA is one of the mandatory documents to enter the destination country. Some countries provide e-visa and some provide on arrival visa. But do you know one can travel 26 countries in Europe using single visa; yes, it is Schengen visa. You can visit 26 Schengen zones except Ireland. Here the internal border rules are abolished and people can move freely without any restrictions.


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Schengen visa covers below countries

Austria France Italy Malta Slovakia Czech Republic
Belgium Germany Latvia Netherlands Slovenia
Denmark Greece Liechtenstein Norway Spain
Estonia Hungary Lithuania Poland Sweden
Finland Iceland Luxembourg Portugal Switzerland


The rupee falling sharply against major currencies will help foreigners to gain more when they visit India. So, it may impact India in a positive way. On the other hand, Rupee depreciation against US dollar adversely affect the travelers’ outflow to foreign countries. Especially Europe, America and south Asian countries. The expenses of food, hotel reservation, and airfares raised by 15% to 20% and people think twice before planning a foreign trip.

Inversely in case of Rupee appreciation, with cheap air fare rates and less expensive tour packages, Indian tourist tends to visit more places in abroad. It may so happen that a stay in Goa or Kerala may cost more than a same duration stay in Thailand or Denmark; thereby inducing people to chose international destinations over domestic one.


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Schengen visa can be applied for below purposes:

-Medical

-Business

-Visiting close friends or relatives

-Leisure

-Cultural and sports events

-Short term study

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Types of Schengen visa:

Single entry visa: It allows the visa holder to enter the Schengen zone only once even if they have not completed their stay as per the duration permitted to them.

Double entry visa: Here the visa holder can visit for the second time without exceeding the duration of stay. Visa cannot be used for the third term even if the duration of stay is incomplete.


Multiple entry visa: Here the visa holder can visit as many times as they want without exceeding 90/180 rule. If the travel is frequent visa can be extended up to 5 years but stay in Schengen area remains to 90 days only.


If one is travelling other than leisure and business and if the duration exceeds more than 90 days even in any one of the Schengen territory, then one must apply only for EU visa and not Schengen visa.


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Travel Insurance

If you are travelling to Schengen countries travel insurance is mandatory with 30000 EUR minimum for medical emergencies.

For currencies like EUR, CHF, SEK and also for forex card you can always contact Orient Exchange one of the leading foreign exchange in India.









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Tourism industry is one of the major sectors of the Indian economy and proportion of contribution is large for national income. The tourism industry comprises the sectors such as airlines, hotels, travel agents, foreign exchange dealer, restaurants, family entertainment venues etc. . As of 2019, 4.2 crore jobs were created by tourism industry which makes 8.1 % of total employment in the country. In the Travel and Tourism Competitiveness report 2019 published by the World Economic Forum, India was ranked 34th.


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Rupee depreciation impact inbound tourism positively and outbound negatively

The rupee falling sharply against major currencies will help foreigners to gain more when they visit India. So, it may impact India in a positive way. On the other hand, Rupee depreciation against US dollar adversely affect the travelers’ outflow to foreign countries. Especially Europe, America and south Asian countries. The expenses of food, hotel reservation, and airfares raised by 15% to 20% and people think twice before planning a foreign trip.

Inversely in case of Rupee appreciation, with cheap air fare rates and less expensive tour packages, Indian tourist tends to visit more places in abroad. It may so happen that a stay in Goa or Kerala may cost more than a same duration stay in Thailand or Denmark; thereby inducing people to chose international destinations over domestic one.


tution fees
Reasons of Indian rupee depreciation against dollar

1. Due to weakness of domestic equities, foreign institutional investor sold index futures which affected Indian rupee.

2. Reason of growing economic momentum Dollar strength is also increasing.

3. Economy getting exposed to the risk of sudden stop and reverse capital flows due to widening of trade deficit.

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Corona Virus impact on tourism industry:

Covid-19 pandemic has created one of the worst crises ever to hit the tourism industry in India impacting all its geographical segments - outbound, inbound and domestic. All vertical sectors like leisure, adventure, heritage, MICE, cruise, corporate and niche segments are adversely impacted.


The Corona Virus pandemic could deal a crippling blow to the Indian tourism Industry.





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