Minimum bank statement requirements for Italy visit visa from Pakistan 2024

Tips for Pakistani Travelers Applying for Italy Visa:

Proof of Sufficient Funds

A crucial element in the application process today, which comes to the fore among Pakistanis traveling to Italy, has been the proof of sufficient funds. Those travelers who are looking to gain a short-term Schengen visa to soak up the rich cultures and breathtaking landscapes of Italy have to meet certain financial requirements to avoid the risk of a denied visa.

Why Italy?

Italy, with its historical sites, delicious food, and colorful culture, is one of the favorite destinations for visitors. Yet, the Pakistani tourist has to go through the challenge of ascertaining an Italian Consulate where his application should be submitted depending on his or her destination.

Financial Requirements for a Schengen Visa

Demonstration of financial capability remains one of the biggest requirements undertaken by Schengen States. The most important document among those required is the bank statement. It should not be older than 30 days at the date of application. In this manner, this will serve as proof of the applicant’s resources for the duration of their stay in any Schengen country.

Minimum Funds Requirements

Applicants must have sufficient funds for the intended stay to guarantee a successful visa application.

  • Three-month bank statement or a letter from the bank to confirm the availability of funds in Euros.
  • Minimum Requirement: 30 Euros per day throughout the stay (except for accommodation).

For example

If an applicant will be staying in Italy for 30 days, he or she is required to maintain Rs 900 as a balance to support his or her stay expenses in Italy. So far, starting October 19th of this year, the Euro’s rate to Pakistani rupees has remained at Rs 300.95. Therefore, it would be apt if the applicants maintained at least Rs 278,000 in their accounts during their application for the Italy visit visa.

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