All applicants who intend to enter Italy or the Shengen Territory must provide proof that they have sufficient funds to cover the expenses of their planned stay (most recent bank statement/s). Any of the following documents will be considered sufficient proof of financial resources:
• Applicant’s original Bank account statement (in any currency). Bank account statement is valid not more than 30 days.
• Applicant’s original and copy of the savings account.
• Copy of the Applicant’s credit card and ATM receipt including account balance. ATM receipt is valid at most 3 days from the day it was taken from ATM to the day of the document submission.
Minimum available financial resources required to cover the cost of suitable accommodation and other expenses in Italy (in Euros)
|Duration of a trip||For one person||For every person of a group (2 or more)|
|1-5 days: fixed amount||269,60||212,81|
|6-10 days: per person / a day||44,93||26,33|
|11-20 days: fixed amount + per person / a day||51,64
|over 20 days : fixed amount + per person / a day||206,58
*How to calculate? For 15 day trip: 51,64 (fixed amount) + 36,67 * 15 = 601,69 euro’s.
The amount of money required to enter Italy is calculated on the basis of the parameters approved by the Ministry of Internal Affairs of Italy and does not include the costs of flight and accommodation.