How much money do you need to verify for a Schengen Visa?
THE EXACT AMOUNT FOR ALL THE 26 COUNTRIES
If somebody wants to travel to a Schengen country, he or she has to verify that he can cover the costs of his/her staying. One of the most common cause of the rejection is the lack of the sufficient funds. If the applicant cannot convince the Authorities that he or she has enough money to cover his cost during the visit his or her application will be rejected.
WHICH DOCUMENTS CAN VERIFY YOUR FINANCIALS?
The Authorities can accept a wide array of documents. The most commonly used are:
A personal bank statement indicating your financial movements (for at least 3 last months)
Credit card
Cash
Traveller’s cheques
Pay slips
Proof of employment
Supporting document to attest sponsor’s readiness to cover your expenses during your stay
Proof of prepaid accommodation
Document about accommodation in private
Proof of prepaid transport
BUT HOW MUCH MONEY IS REALY NEEDED?
The countries themselves can decide how much money they require from the applicant. The amount varies country by country. Some country demands less money if the applicant has a paid hotel booking or in some country the amount could be change by the length of the stay. It is important to learn the various regulations of the country where the applicant wants to travel.
So, let’s check the regulations country by country:
1. Austria
Austria is one of those country which does not stipulate the amount of the necessary means of subsistence. According to our experience the successful applicant has to verify at least 50 €/day ( ~ 62 $/day).
2. Belgium
If you stay in a hotel 95 € ( ~ 111 $) /day otherwise 45 € ( ~ 55 $) /day.
3. Czech
1100 CZK (Czech Koruna) /day which is about 43,5 € or 53 €
4. Denmark
If you stay in hotel 500 DKK (Danish Krone) ~ 67 € or 83 $ /day
In hostel 350 DKK ~ 47 € or 58 $ / day
5. Estonia
86 € / day
6. Finland
30 € /day
7. France
If you do not have accommodation or you want to stay in hotel 120 € (~ 148 $) /day. in case the applicant proofs cheaper forms of accommodation the amount decreases to 32.25€ (~ 40 $) / day.
8. Germany
45 € (~ 49 $) daily
9. Greece
50 € (~ 62 $)/ day but minimum 300 € (~ 370 $)/visit
10. Hungary
Hungary does not stipulate the amount.According to our experience the successful applicant has to verify at least 23 €/day (~ 28 $)/ day.
11. Iceland
4000 ISK (Icelandic Krona) (~ 33 € or ~ 41 $)/ day But minimum is 20 000 ISK (~ 164 € or ~ 203 $)/ trip.
12. Italy
The daily amount depends on the length of the stay and the number of the persons who are travelling together.
For Stays up to 5 days
The overall amount is (~ 333 $) /person and 213(~ 263 $)/two and more persons.
For Stays 6-10 days
The daily amount is (~ 56$) /person and 26 € (~ 33$) /two and more persons.
For Stays 11-20 days
The daily amount is (~ 46$) /person and 26 € (~ 33$) / two and more persons.
For Stays over 20 days
The daily amount is (~ 35 $) /person and 17 € (~ 21 $) / two and more persons.
13. Latvia
17 € (~ 21 $) / day (This is the lowest amount in whole Europe!)
14. Lithuania
95 €/ or ~ 117 $/ day.
15. Luxemburg
Does not stipulate the amount.According to our experience the successful applicant has to verify at least 95 €/day (~ 117 $)/ day.
16. Malta
48 € (~ 59$) daily
17. Netherlands
34 € (~ 42$) daily
18. Norway
500 NOK (Norwegian Krone) which is ~ 53 € or 64 $
19. Poland
The daily amount depends on the length of the stay and on the type of the accommodation.
Up to 3 days:
The overall amount is 300 PLN (Polish Zloty) ~ 72 € or 89 $
For Stays exceeding 3 Days:
The daily amount is 100 PLN ~ 24 € or 30 $
If the accommodation has already covered the daily amount is only 20 PLN ~ 5 € or 6 $!
20. Portugal
Daily 40 € or ~ 50 $ /daily but minimum 75 € ~ 93 $ /visit
21. Slovakia
56 € (~ 69 $) / day
22. Slovenia
70 € (~ 86 $) / day child under 18 years 35 € (~43 $)
23. Spain
Up to 10 days
Minimum 574 € (~ 708 $)
Over 10 days
71 € (~ 86 $) / day
24. Sweden
450 SEK (Swedish Krona) ~ 43 € or 53 $ daily
25. Switzerland
100 CHF (Swiss Franc) ~ 43 € or 104 $ daily
For students:
30 CHF (Swiss Franc) ~ 25 € or 31 $ daily
26. Lichtenstein
100 CHF (Swiss Franc) ~ 43 € or 104 $ daily
For students:
30 CHF (Swiss Franc) ~ 25 € or 31 $ daily
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