The Schengen Area, a group of 27 European countries, offers a fantastic opportunity for travelers to explore diverse cultures, stunning landscapes, and historic cities. However, before you embark on your Schengen adventure, it’s crucial to understand the visa requirements, particularly the minimum bank balance you need to demonstrate to ensure a smooth and hassle-free trip.
Schengen Area Overview
The Schengen Area comprises the following 27 member countries:
- Austria
- Belgium
- Czech Republic
- Croatia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
To enter any of these countries, you’ll need to fulfill specific visa requirements, including demonstrating your financial capability to support your stay. The exact requirements vary from one country to another, so it’s essential to be well-prepared.
Financial Requirements
When planning your Schengen trip, you must meet specific financial requirements. Your financial status can be proven through a bank statement, which should not be more than 30 days old. However, if you plan to stay with a friend or family member during your visit, you’ll need to provide a letter of support from them instead of a bank statement.
Below is a table outlining the minimum bank balance requirements for Schengen Visa applicants from different countries, including Pakistan:
| Country | Daily Required Amount |
|---|---|
| Austria | EUR 100 |
| Belgium | EUR 45 (if staying with a friend or family member) or EUR 95 (if staying at a hotel) |
| Croatia | EUR 95 (if staying in a hotel) or EUR 45 (if staying in more affordable accommodation) |
| Czech Republic | CZK 1,565 (for stays of up to 30 days) or CZK 46,950 plus CZK 6,260 for each complete month (for stays exceeding 30 days) |
| Denmark | DKK 350 |
| Estonia | EUR 130.80 |
| Finland | EUR 30 |
| France | EUR 65 (if staying with a friend or family member or staying in a hotel), EUR 120 (if having a partial hotel reservation), or EUR 120 (if having no accommodation arrangements) |
| Germany | EUR 45 |
| Greece | EUR 50 |
| Hungary | HUF 10,000 |
| Iceland | ISK 4,000 |
| Italy | EUR 296.60 (for stays of 1 to 5 days), EUR 44.93 (for stays of 6 to 10 days), EUR 51.64 and EUR 36.67 (daily sum per person) (for stays of 11 to 20 days), or EUR 206.58 and EUR 27.89 (daily sum per person) (for stays of more than 20 days) |
| Latvia | EUR 14 |
| Liechtenstein | CHF 100 |
| Lithuania | EUR 40 |
| Luxembourg | EUR 75 |
| Malta | EUR 48 |
| Netherlands | EUR 55 |
| Norway | NOK 500 |
| Poland | PLN 200 |
| Portugal | EUR 75 |
| Slovakia | EUR 55 |
| Slovenia | EUR 55 |
| Spain | EUR 100 |
| Sweden | SEK 450 |
| Switzerland | CHF 100 |
Please note that these amounts are subject to change, and it’s essential to check with the respective embassy or consulate of the Schengen country you plan to visit for the most up-to-date information on visa requirements.
By ensuring you meet the minimum bank balance requirement for your chosen Schengen destination, you’ll be one step closer to making your European travel dreams come true. Happy travels!
