How Much Money Do You Need to Go to Italy
How Much Money Do You Need to Go to Italy
People who will travel to Italy need to plan their expenses in advance, such as accommodation, food and beverages, shopping, city transportation and touristic area visits, depending on the purpose of the trip. People who want to apply for an Italian visa are expected to prove that they have sufficient financial resources for their expenses during their trip to Italy with documents such as a bank account or sponsorship certificate.
Travelers to Italy and other Schengen countries are required to provide a bank account with sufficient funds for the length of their trip to Italy, in order to avoid stays other than the purpose of travel. If the applicant for an Italian visa will not travel on their own, a petition written by a sponsor who will cover the travel must be included in the visa application file.
How Much Money Do I Need in My Bank Account for an Italian Visa?
The amounts that people who apply for an Italian visa must have in their bank accounts are given in the table below.
| Travel time | Quantity required for one person | Quantity required for each other person |
|---|---|---|
| 1 to 5 days (fixed amount) | 269.60 Euros | 212.81 Euros |
| 6 to 10 days (fixed amount) | 44.93 Euros | 26.33 Euros |
| 11 to 20 days (fixed amount) | 51.64 Euros | 25.82 Euros |
| 11 to 20 days (additional charge for each day) | 36.67 Euros | 22.21 Euros |
| Over 20 days (fixed amount) | 206.58 Euros | 118.79 Euros |
| Over 20 days (additional charge for each day) | 27.89 Euros | 17.04 Euros |
The documents required for the Italian visa application must include the documents showing the amount of money in the Italian visa account.
How Should Bank Account Transactions Be for an Italian Visa?
The bank account statements to be submitted for the Italian visa must be obtained from the bank branch, stamped and signed, must be from the last 6 months and must include the bank signature circular.
How to Calculate the Amount Required in the Bank for an Italy Visa Application?
The amount that the applicant must have in their bank account for an Italy visa application is calculated daily according to the duration of the trip. If the trip to Italy is planned to last up to 5 days, a single traveler must have 269.60 Euros in their bank account per day; for those traveling with another person, an additional 212.81 Euros per person per day in addition to the single amount. Visa applicants must provide a total bank account balance of 695.22 Euros for a three-person trip to Italy lasting up to 5 days.
How Much Money Should I Have in the Bank for a Trip of Up to 10 Days to Italy?
For trips to Italy of up to 10 days, the visa applicant must have in their bank account 269.60 Euros per day if the trip will last a maximum of five days, and 44.93 Euros per day if the trip will last between 6 and 10 days.
How Much Money Should I Have in the Bank for an 11-20 Day Trip to Italy?
For trips to Italy that will last between 11 and 20 days, the visa applicant must have an additional 36.67 Euros per day in their bank account, in addition to the fixed amount of 51.64 Euros per day.
How Much Money Do I Need in the Bank for a Trip to Italy of More Than 20 Days?
For trips to Italy longer than 20 days, the visa applicant must have an additional 27.89 Euros per day in their bank account, in addition to the fixed fee of 206.58 Euros.
How old is the bank account required for a trip to Italy?
The bank account presented among the financial documents for the Italy trip must be an account that has been active and has regular activity for at least 6 months. Money deposited into the account immediately before the visa application usually results in the visa application being rejected. The source of the money in the bank account presented for the Italy visa application must be officially explainable.
What Other Documents Can Be Presented as Financial Sources in Italy Visa Applications?
In Italian visa applications, documents that can be shown as financial sources, in addition to bank account statements, are listed below.
- Investment account documents : The original copy of an investment account statement belonging to the visa applicant and photocopies can be submitted in the application file.
- Credit card copy : A photocopy of the credit card on which the applicant's name and surname are clearly visible, along with a document showing the credit card balance received within the last 3 days, can be declared in the visa application.
- Documentation of financial resources of the sponsor : If the financial burden of the trip to Italy is covered by a relative of the applicant, the original of the sponsor's bank statement and a photocopy of it, signed by the sponsor, must be included in the application file.
Who is not required to provide financial resources for the Italy visa application?
Everyone applying for an Italian visa is required to provide financial resources, but those who do not have their own financial income can apply with a sponsor by presenting financial documents belonging to the sponsor who will finance the trip.
The Italian sponsorship petition to be submitted by visa applicants whose travel expenses are covered by another person must be written by detailing the sponsor's financial resources and must be submitted in the application file together with supporting documents.