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When and how to plan a trip after COVID-19 pandemic recedes?
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Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.
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From dream vacations to weekend getaways, the outburst of COVID-19 pandemic has hit hard on the travel plans of the people all around the world. The pandemic has disrupted global travel and put the world under a lockdown. With closed borders, restricted movements, and lockdown, the tourism industry is facing a massive blow. Most of us are living under some travel restrictions, by putting a hold on our wanderlust dreams.
In these uncertain times, it is impossible to predict when travel may resume. The only thing you can do is to postpone your trips and dreams until the situation improves. However, this is the best time to plan your post COVID-19 journeys. For those who kept their travel dreams on hold because of financial instability, there’s no time better than now to research about travel loans.
How to plan a trip after COVID-19 pandemic?
Most of the countries face travel restrictions of varied extremes according to the cases reported there. The situation will not undergo a dramatic change soon. The travel restrictions will only be lifted in stages to ensure safety.
When can you travel?
The travel industry has not recovered yet from the disruptive state caused by COVID-19. Hence, you cannot travel safely until the world recovers from the pandemic.
The borders will open gradually. If you wait now, you can travel with no restrictions later. Though the experience might be a little different, the post-pandemic travel will be as amazing as before.
Additional read -Your Most Anticipated Foreign Trip is Now a Possibility With an Affordable Travel Loan from Kotak Bank!
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