Pakistani tourists planning to visit Germany and Italy under the Schengen visa regime must adhere to specific financial requirements, as laid out by the respective consulates of these European countries.
The minimum bank statement criteria for a successful visa application have been provided for aspiring travelers, considering the duration of their stay.
Financial criteria for Germany, Italy Schengen visas
Germany and Italy, both Schengen Area members, have established specific financial criteria for visa applicants. The minimum daily required amount for sustaining one's stay in Germany is set at EUR 45, as per the latest regulations.
This means that if a tourist intends to stay in Germany for 30 days, they must have around Rs400,000 in their bank account.
Italy, on the other hand, employs a more intricate system, with varying daily sums depending on the length of stay. For stays of 1 to 5 days, applicants should have EUR 296.60 per day.
For stays of 6 to 10 days, the required daily amount is EUR 44.93. Meanwhile, for visits of 11 to 20 days, it's EUR 51.64 and EUR 36.67 per day, and for stays of more than 20 days, it's EUR 206.58 and EUR 27.89 per day per person.
Updated exchange rate information
As of October 13, 2023, one Euro equals Rs292.1 for Pakistani nationals. This exchange rate information is crucial for visa applicants to calculate the exact amount they need to have in their bank accounts to meet the financial requirements for Germany and Italy Schengen visas.
These financial criteria are designed to ensure that tourists have the means to cover their expenses while visiting these beautiful European destinations.
It's important to note that the bank statement provided by the applicant should not be more than 30 days old at the time of submission.
