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Bank balance requirements for Schengen visa applicants

Sweden Schengen visa bank balance
Sweden Schengen visa bank balance
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Sweden requires sufficient bank funds for Schengen visa applicants.
Applicants must submit stamped six-month bank statements with applications.
Minimum funds equal eighty euros daily for planned stay.
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Those applying for a Schengen visa must demonstrate that they have sufficient funds to support their trip, as there is a requirement for a valid bank statement proving financial stability for every applicant.

Officials stated that the bank statement helps verify that the traveler is a genuine visitor who intends to return home and will not attempt to overstay in the European destination.

Sweden remains one of Europe’s most attractive travel locations, known for historical landmarks, natural landscapes, cultural attractions and modern Scandinavian design that draws millions of tourists from across the world.

Every year, large numbers of travellers, including Pakistani citizens, visit Sweden for tourism, family visits, business trips or short-term stays, making the visa requirement process central for approved entry.

Most Pakistanis must apply for a short-term Schengen visa before travelling, and the Swedish Embassy in Islamabad handles these visa applications for Pakistani nationals and some foreign residents living in Pakistan.

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The embassy highlighted that applicants must submit a bank statement showing sufficient funds, which demonstrates they can afford accommodation, food, transport, and all other expenses during their stay.

According to officials, the bank statement must cover the previous six months of financial activity and must be properly stamped and signed by the issuing bank before being attached to the application.

Visa advisers say this financial requirement ensures that travellers can bear all costs independently, reducing the chances of overstaying or seeking unlawful financial support during their visit to Sweden.

What is the estimated daily living cost in Europe?

Reports indicate that Sweden requires tourists to hold at least 80 euros per day, which covers basic living expenses, meals, local travel and minimal emergency funds for the duration of their stay.

What is the estimated three-month living cost in Europe?

For applicants planning a full 90-day Schengen visit, the required bank balance equals approximately 7,200 euros, ensuring the traveller has enough financial capacity for an extended stay.

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