Dreaming of exploring the world? Before you jet off to your next international destination, there’s one crucial factor you can’t afford to overlook—your bank balance. Many countries require proof that you can financially support yourself while abroad, and authorities meticulously inspect your financial documents. From bank statements to travel itineraries, every detail counts in making your visa application successful. Ensuring you are financially prepared not only boosts your chances of approval but also promises a worry-free adventure.
When planning overseas travels, understanding each country’s financial requirements is vital, as these rules are designed to ensure that visitors can cover their expenses and return home after their trip. Here’s a handy overview of the typical bank balance you should maintain and the documents you’ll need for popular travel destinations:
- Canada: Recommended balance: CAD 5,000–10,000 (approx. ₹3–6 lakh) for a 2–4 week visit
Documents: 3–6 months’ bank statements, travel plan, proof of accommodation, invitation letters (if any) - Australia: Recommended balance: $5,000–10,000 (approx. ₹2.5–5 lakh) for 2–4 weeks
Documents: 3–6 months bank slips, salary statement, income tax returns, travel plan, sponsor information (if relevant) - Germany (Schengen Visa): Recommended balance: €100–120 per day (approx. ₹9,000–₹11,000); ₹1.5–2 lakh for a 15-day trip
Documents: 3–6 months bank slips, hotel bookings, return flight tickets, travel insurance (€30,000 coverage) - Spain (Schengen Visa): Recommended balance: About €100 (₹9,000) per day, minimum €900 (₹81,000)
Documents: 3–6 months bank statements, credit card records, proof of accommodation and return ticket, employment proof, travel insurance - France (Schengen Visa): Recommended balance: €100–120 per day (approx. ₹9,000–₹11,000); ₹1.5–2 lakh for 15 days
Documents: 3 months’ bank slips, credit card statements, hotel bookings, invitation letters (if any), employment proof, travel insurance - Sri Lanka (ETA): Recommended balance: $1,000–2,000 (approx. ₹80,000–₹1.6 lakh) for 15–30 days
Documents: Bank/credit statements, return tickets, hotel bookings, valid passport - United States (B1/B2 Tourist Visa): Recommended balance: $6,000–10,000 (approx. ₹5–8 lakh) for 15–20 days
Documents: 6 months’ bank statements, salary slips, tax returns, detailed travel plan
Remember, these figures can vary based on the length and purpose of your stay, and having more than the minimum balance improves your chances. Solid, organised financial documents—paired with travel insurance and proper planning—serve as your passport to a hassle-free trip planning experience.
