Bank Balance required for Schengen Visa

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My wife and I plan to visit Greece for 7-8 days in month on June. I just wanted to confirm how much bank balance is required in the account for the visa approval. We plan to visit 2 islands (Santorini and Mykonos).

Also before this we applied for US tourist visa in March'16 to visit my sister, but we did not get the visa with the reason stated "No strong ties" however the interviewer did not check any of our papers. I would also like to know that will this have an impact on getting the Schengen visa?



Best Answer

There is a reference per diem amount required to satisfy the "means of subsistence" requirement, which is €50 for Greece. So that works out to about €400 for your trip. But that's a minimum amount, you also have to show that you have a stable situation and that the costs of the trip you're planning is commensurate with your means. That's why it's best if your bank statement shows evidence of a regular income rather than a large amount of cash.




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How much bank balance do I have to show for a Schengen Visa?

Bank statement \u2013 this needs to show a minimum balance of \u20ac3000 over the last 6 months. If you do not have this amount in your bank, you could show a family member's/guardian's statement instead, with an accompanying letter stating that they are sponsoring your travel and stay.

Is bank statement required for Schengen Visa?

You must show evidence that you will be able to financially maintain yourself during your stay in the Schengen territory. You should be able to prove that through a bank statement of the past three months, which must not be older than three days.

How do I prove sufficient funds for visa?

How do I prove that I have enough money to travel? It's simple: Get a bank certificate or bank statement or both. A bank certificate is usually a one-page document that certifies that you have an account with that branch. Often, the latest available balance is indicated.

Which is the easiest country to get Schengen Visa?

In general, Lithuania is the easiest country to obtain a Schengen Visa from, with officials granting 98.7% of applications. The nation also receives fewer applications than countries such as Germany or France, as they are extremely popular with tourists and business travellers.



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Answer 2

The usual requirement from a Schengen embassy is €35-50 per day. For my fifteen day trip I technically had to give proof for €580. Obviously €580 for a fifteen day trip is way too little; you should know it and definitely the embassy knows it. It would be much easier if each one of you shows a bank statement for thrice their minimum amount. A good amount for a 7-8 day trip would be €1300-€2000 each

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