The first thing you need to check while traveling internationally is your bank balance, for obvious reasons. But the next moment you’d realize is that your bank balance is equally important to process the visa for any country (unless you have a visa-free or visa-on-arrival entry into the country), the bank statement is a mandatory document that you need to show while processing visas to travel to anywhere from Singapore to France.
Today we are going to share more insight on how much funds are needed in your bank account to get a visa.
When it comes to bank balance, what a consular officer wants to know is,
- Whether your purpose of the visit is tourism only, and whether you will be back to your home country immediately post satisfying that purpose.
- Whether you have roots back in your home country, and whether these roots will bring you back to your home country or not after your trip.
- Whether you have sufficient funds to support your trip to the country.
- Whether you will use your tourism visa for immigration or any other purpose.
What could help you to justify your claims that your visit is strictly for the purpose you mentioned in your application is altogether a different matter, following points may help in making your case stronger.
- Make sure you have consistency in funds in your bank account, a sudden rise may raise suspicions.
- Provide your financial documents related to your assets, it can be share certificates, property certificates, fixed deposits etc as proof that you have a reason to come back to your home country.
- Make sure you have enough amount in the bank account that will ensure that you will be capable to bear the expenses of your trip.
As long as you are being truthful to yourself and honest about your visit by proving these points, the consular officer will not hesitate to approve your tourist visa. But even a small doubt and your visa will be rejected.
At times the person applying for the visa is not the person whose bank statements are presented (in the case where travel is sponsored), or you have a pre-paid tour with a well-known tour operator, in these cases the conditions would vary and it is possible that the consular officer doesn’t even take a look at your bank statements. This is the reason where people going with tours and travels will get their visa even with $3000 in the account and people with more than $15000 faces rejection.
Whatever is the case, it is always good to stay informed and prepared than getting caught off-guarded.
Hope this article helped in providing some clarity on funds required to apply for a visa, if you still have doubts, we are just a call away!