When you apply for a Schengen visa, you have to prove that you can support yourself financially during your stay in a Schengen country. One of the main ways you can prove this is by submitting your bank balance statements.
The minimum amount of money you need to have to apply for a Schengen visa depends on the Schengen country you want to visit.
For example, if you are visiting Spain, you need at least €100 per day. So, for a one-week trip to Spain, you have to prove you have at least €700.
You can prove you have enough money for a Schengen visa by submitting one of the following documents:
See how much money you need to have for each Schengen country:
The Austrian Embassies and Consulates of the country abroad do not openly stipulate the required amount of financial means you need to receive an Austrian Schengen visa. As such, the requirement of the bank balance you need for an Austria visa is regulated on an individual or case-by-case basis.
However, you are generally advised to account for at least €100 per day, as this is the average amount of money a tourist spends in Austria.
Information source: Federal Ministry for Europe, Integration and Foreign Affairs of Austria
To receive a Schengen visa for Belgium, you need to have a minimum of €95 per day if you are staying at a hotel or other similar accommodation.
If you are staying with a friend or family member, you need to provide a letter of guarantee stating that your host will shoulder all the financial costs related to your stay in Belgium and prove that you have a minimum daily amount of €45 to spend in Belgium.
Information source: The Belgian Immigration Office
To get a Bulgaria Schengen visa, you need a minimum of €500 per stay, for a stay of up to 10 days. For every day after 10 days, you need an additional €50/day.
The amount of money you need to obtain a Schengen visa for the Czech Republic varies based on your length of stay in the country as follows:
Information source: The Ministry of Foreign Affairs of the Czech Republic
For a Denmark Schengen visa, the Danish Alien Laws stipulate that you must have a minimum of DKK 350 or approx. €47 per day to spend while you stay in the country. If you are staying in a hotel, the amount required is slightly higher at DKK 500 or approx. €67. In addition to this minimum amount of financial means, you also must provide proof that you have enough money to return home, in which case you submit proof of a purchased return flight ticket.
Information source: The Ministry of Justice of Denmark
Agreeing to the information provided by the Ministry of Foreign Affairs of the Republic of Estonia, the required bank balance to obtain a visa for Estonia is a minimum of €70 per day.
Information source: Ministry of Foreign Affairs, Republic of Estonia
To receive a Schengen visa for Finland, you must be able to spend at least €50 per day for the duration of your stay.
Information source: The Ministry for Foreign Affairs of Finland
The general requirement for financial means to obtain a visa for France is to have at least €65 per day.
Keep in mind that depending on your accommodation arrangements, the minimum amount required for a French visa changes as follows:
Information source: The European Commission
For a Schengen visa in Germany, you’re generally required to provide proof that you have at least €45 per day. Remember that the German embassy considers your circumstances for visiting the country, such as the length of stay, whether you’re staying with friends or family, the purpose of your visit, etc.
Information source: The European Commission
You need at least €50 per day in your bank account to obtain a Schengen visa for Greece. If you plan to stay in the country for up to five days, the required amount is increased to €300. In the case of minor visa applicants, these amounts are reduced by 50%
The required financial means for a Hungary visa is a minimum of 10.000 HUF or approx. €24 per day.
This amount serves only as a reference number, and if you can provide proof that you have more than the required amount to spend in the country, the higher the chances of having your visa granted.
Information source: The European Commission
Anyone who wants to apply for an Iceland Schengen visa must prove they have at least ISK 8000 or approx. €56 per day. If someone else sponsors you, this required amount is halved to ISK 4000 or approx. €28 per day. Additionally, the total amount required for each entry is ISK 40,000 or approx. €280.
Information source: The European Commission, Icelandic Law
The fixed amount required for an Italy Schengen visa for stays from 1 to 5 days for one person is €269,60.
As the number of days and number of visitors increases, the amount of financial means for an Italian visa changes as listed below:
| Trip duration | For one participant | Two or more participants |
| From 1 to 5 days: overall fixed fee | €269.60 | €212.81 |
| From 6 to 10 days: daily rate per person | €44.93 | €26.33 |
| From 11 to 20 days: fixed fee | €51.64 | €25.82 |
| Daily rate per person | €36.67 | €22.21 |
| Over 20 days: fixed fee | €206.58 | €118.79 |
| Daily rate per person | €27.89 |
Information source: The Ministry of Foreign Affairs and International Cooperation of Italy
Latvian embassies/consulates require you to provide evidence of a minimum of €14 per day if you want to receive a Schengen visa for Latvia.
Information source: The European Commission, Immigration Law of Latvia
If you are shouldering the costs of your visit to Liechtenstein, you must prove you have at least CHF 100 per day or approx. €100 in your bank account when you apply for a Liechtenstein visa. For students, this amount is reduced to CHF 30 or approx. €30.
Information source: The European Commission
According to the Minister of the Interior and the Minister of Foreign Affairs, to obtain a visa for Lithuania, you must have a minimum of €40 at your disposal per day during your stay in the country. You must also prove that you have enough financial means to return to your home country, i.e., purchase a return ticket.
Information source: The European Commission, the Law on the Legal Status of Aliens of Lithuania
Since January 1, 2018, the amount of financial means required to receive a Luxembourg Schengen visa is €67 per day.
Information source: The European Commission
Foreign representative offices for Malta require you to set out at least €48 per day to get a visa to visit Malta. Even though this is the required amount to obtain the visa, you must be prepared to spend more than €48 in Malta as some activities and attractions can be costly.
Information source: The European Commission
Official authorities stipulate that to obtain a Schengen visa to the Netherlands, you must submit proof that you have at least €55 to spend per day for the whole duration of your stay in the country.
Information source: The European Commission
To obtain a visa for Norway, officials recommend you have a minimum of NOK 500 or approx. €42 per day to spend in the country— though this may be reviewed on a case-by-case basis. If the Norwegian authorities determine that you do not meet the financial requirements, you may be denied entry into the country.
Information source: The European Commission, Section 17 (f) of the Norwegian Immigration Act
To receive a visa to Poland for stays not exceeding 4 days, you need to submit a minimum amount of PLN 300 or approx. €62 for the overall stay. If your stay exceeds four days, you must submit proof of at least PLN 75 or approx. €15 for each day of the planned stay.
If you are visiting Poland under any of the following circumstances, you need to provide evidence that you have at least PLN 20 or approx. €4.19 for each day of the planned stay:
Information source: The European Commission, The Regulation of the Minister for Internal Affairs and Administration
For a Portugal Schengen visa, you must provide proof that you have at least €40 for each day spent in the country and a minimum amount of €75 for each entry.
Information source: The European Commission
To enter Romania, you must have €50 for every day you spend in the country and at least €500 for your entire stay.
You must show that you have at least €56 to spend per day to get a Schengen visa for Slovakia. According to the Slovak Ministry of the Interior, this required amount will cover the following expenses while you are in Slovakia:
Information source: The European Commission, Article 4 of the Act No 48/2002 Coll. of Slovakia
If you want to visit Slovenia with a Schengen visa, you need to show proof that you have a minimum of €70 to spend every day during your stay in the country. For minors, this amount is halved to €35.
Information source: The European Commission, the Article 7 of “The Instructions”
The required amount of money you need to present to a Spanish embassy or consulate for your Spain visa is regulated by the Ministry of the Presidency of Spain (PRE/1282/2007) and is set at a minimum of €100 per day, with a minimum of €900 per person regardless of the intended duration of the stay.
Information source: The European Commission
According to the Immigration Authorities in Sweden, all foreigners who want to enter the country with a Sweden visa must show proof that they have a minimum of SEK 450 or approx. €41 to spend per day for the duration of their stay.
Information source: The European Commission
When you apply for a Schengen visa for Switzerland, you must attest that you have a minimum requirement of CHF 100 per day or approx. €100 for the duration of your visit— provided you are covering the costs of your travels on your own. The minimum requirement for students who want to visit Switzerland is lowered to CHF 30 or approx. €30.
Information source: The European Commission, the Swiss Aliens Act (RS 142.20)
Yes, a minimum bank balance is important for a Schengen visa application, because it shows that:
You can show more money than the required amount. This will increase your chances of getting a Schengen visa.
You should explain in a cover letter that you no longer have the same amount of money you had at the beginning of the visa application.
If you have a joint bank account, you must have consent from the other person who has access to the bank account to use the funds.