Proof of financial stability for Portugal
For the sake of the question, I am Indian.
My trip to Schengen (Portugal and France) is sponsored by my father. I have submitted a scanned letter from him that he will sponsor my travel, enclosing his bank details, etc. But at some links online I got to know that an original affidavit is required from my dad but I didnt submit it along with my visa application. How will it affect the visa approval chances?
Best Answer
According to the VFS checklist http://pt.vfsglobal.co.in/pdf/TOURIST-VISA.pdf a notarized Sponsorship Letter is REQUIRED.
10 Sponsorship Proof: If the applicant is sponsored by another person, an original Sponsorship Letter is required on Rs. 100 Stamp Paper and must be Notarized. If the Sponsor is in not in India, the Sponsorship Letter should be Notarized/Attested by a Notary/Advocate if in the E.U. or from the respective Portugal Consulate/Embassy in other countries.
As it states at the bottom of the checklist, failure to submit a required document may result in a refusal. Sponsorship proof is a critical element of demonstrating sufficient funds; without it, your chance of approval is likely to be much reduced. The Consulate may ask you for it, or they may just decide to refuse. You should get the Letter and contact them to find out how you can correct the error.
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Is Portugal economically stable?
The economy is projected to grow by 4.8% in 2021, 5.8% in 2022 and 2.8% in 2023. GDP should surpass its pre-crisis level only around mid-2022. Robust growth is mainly driven by domestic demand, and will be boosted by the absorption of EU funds.What type of economic system does Portugal have?
Portugal has a service-based mixed economy in which the government has privatized many state-controlled firms and liberalized areas of the economy.Who bailed out Portugal?
On 16 May 2011, the eurozone leaders officially approved a \u20ac78 billion bailout package for Portugal, which became the third eurozone country, after Ireland and Greece, to receive emergency funds.Online Financial Stability Conference - Concluding Remarks
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