Bank Guarantee: Essential Requirement for Tourist Visa of Chinese Citizens in Italy
In a globalized world, traveling has become an essential part of modern life. For Chinese citizens who want to explore the beauty of Italy, one of the key requirements is the bank guarantee, an essential element in the process of obtaining a tourist visa for Italy. This article aims to explain the nature of the bank guarantee and its relevance in the context of tourist visas.
How much should be the guaranteed amount for the Bank Guarantee for a tourist visa?
The guaranteed value is defined by the Ministry of the Interior and varies based on the length of stay in Italy. Generally, the minimum amount required is calculated based on daily expenses, which are around thirty euros, in addition to fixed costs. Consequently, for a three-month tourist visa, it is necessary to guarantee an amount of three thousand nine hundred and five euros, 3.905,00 Euros.
In addition to the bank guarantee, foreigners are also required to provide a Health Insurance Policy with a maximum coverage of 30.000,00 Euros, which covers any medical expenses during your stay in Italy. This insurance must be presented to the embassy.
In fact, to obtain the visa, it is essential to present the surety bond at the Italian consulate or embassy in your country of origin, as required by the Directive of the Ministry of the Interior dated 1 March 2000.
A bank guarantee is a guarantee provided by a credit institution which ensures the fulfillment of an obligation.. In the context of tourist visas for Italy, it acts as a financial guarantee for the Italian government, ensuring that the tourist has sufficient economic resources to cover expenses during his stay in the country.
This requirement It is essential to prevent tourists from becoming a burden for the State in case of any emergencies or unforeseen events.
For Chinese citizens, the bank guarantee is a crucial document. Not only does it confirm their financial solvency, but it is also a sign of reliability and seriousness in their intention to visit Italy for tourism. In an era in which the safety and management of tourist flows have become priorities for many countries, the bank guarantee offers a balance between welcoming international tourists and safeguarding national interests.
Furthermore, bank guarantees are a common practice in many European countries and reflect the adaptation to international travel and tourism regulations. This financial instrument not only facilitates international travel, but it also strengthens diplomatic and cultural relations, in this case between China and Italy, promoting a responsible and safe tourist flow.
Bank guarantee is an essential component in the financial and banking sector, often used to guarantee a wide range of financial obligations. This article aims to explore in detail the nature and functions of the bank guarantee.
By definition, a bank guarantee is a commitment made by a bank to pay a debt on behalf of a debtor, in the event that the latter is unable to fulfill his financial obligations. It is, in essence, a guarantee that offers security to the creditor, assuring him that the debt will be paid, regardless of the debtor's financial situation.
How a bank guarantee works It is relatively simple: a person, the “guarantor” (usually a bank or a credit institution), undertakes to guarantee the payment of a debt in the event that the “principal debtor” is unable to do so. The bank, therefore, acts as a guarantor and offers the creditor greater security on the recovery of the credit.
To obtain a bank guarantee in Italy for a tourist visa for a Chinese citizen, through our company is very simple, the typical requirements include:
- Identity Document: Copy of the applicant's identity document
- Financial Stability: Demonstration of the applicant's financial capacity to guarantee the amount of the surety. In our case, it is sufficient to fill out the self-certification of income form that we provide.
- Specific Forms: Filling out the form required by the visa issuing agency.
How much does a surety bond cost?
To obtain a bank guarantee for a tourist visa in Italy, valid for 90 days but with a validity of 6 months, the price is 135 euros. If the visa is needed for more people or for a very short period and you need customized solutions, do not hesitate to contact us: we will provide you with a free quote in a few minutes.
If you also need health insurance for a tourist visa to Italy for a foreign citizen, we offer two options:
- For 30 days: at the price of €80,00,
- For 90 days: at the price of €120,00.
SPECIAL PROMOTION: The surety bond for foreigners and the health insurance for the tourist visa, for a period of 90 days, are available at a total cost of €245,00.
The price includes:
- The bank guarantee is issued within 24 hours of receiving all documents and payment.
- Delivery of the surety bond for foreigners via email, with our advanced digital signature.
- Advice on the stipulation of the bank guarantee for the tourist visa in Italy.
For any questions, please feel free to contact us.
Reach us online for an immediate response or call one of our offices. Tel. +39 055 28.53.13 – Tel. +39 02 667.124.17
Email: info@vistoperitalia.it
Why choose our surety?
Ease and Speed: Request your surety online with a simple and intuitive procedure.
Valid for the Italian Embassy: Our documents are recognized and accepted by all Italian embassies in the world.
No bank account required: You do not need to open a new bank account to access the service.
Custom support: Our team is always available to help you through every step of the process.
This Guarantee is needed to apply for a tourist visa for Italy, but how do I apply for a visa for Italy upon invitation of a citizen resident in Italy?
Tourist Visa for Italy – Simplified Procedure
Now getting a tourist visa for foreigners to enter Italy is easy and fast.
Step 1: Make an appointment at the Italian Embassy in China!
2nd Step: Contact us via email at info@vistoperitalia.it to get your Bank Guarantee and Health Insurance
The bank guarantee ensures the economic solvency of the person who invites the foreign guest to Italy, without tying up funds in your account.
Health insurance provides medical care and assistance for your guest, in the absence of coverage from the national health service.
Bank Guarantee Details:
- Guaranteed amount of 3.905,00 euros, as required by law.
- Duration of 180 days from the expected date of entry into Italy.
- Issued within 24 hours of receiving documents.
- Send by email with digital signature.
- Valid for multiple entries within a 6 month period.
Medical Policy Details:
- Coverage for medical expenses up to 30.000,00 to EUR in Italy and the Schengen area.
- To be stipulated before entering Italy.
Bank guarantee and health insurance are official documents, digitally signed. Verify the details and forward them via email to the guest along with other required documents (e.g. flight ticket, invitation letter).
On our website you will find a standard invitation letter template, accepted by all Embassies. Fill in the details of the inviter and the guest and add your signature.
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GENERAL PROCEDURE:
- Visa TypeFor tourism, the required visa is generally a Schengen visa type C, which allows a stay of up to 90 days within a 180-day period in all countries of the Schengen area.
- Necessary documentation:
- Passport: Valid for at least three months beyond the intended departure date from the Schengen area.
- Visa Application Form: Completed and signed.
- Passport Photo: Very recent and compliant with visa standards.
- Proof of Accommodation: Hotel reservation, invitation letter from a resident of Italy, etc.
- Proof of Financial Means: Bank Guarantee
- Travel Insurance: Minimum coverage of 30.000 euros for medical expenses and repatriation.
- Travel Itinerary: Round-trip flight tickets, detailed travel itinerary, etc.
- Where to Apply: The visa application must be submitted to the Italian Consulate or Italian Embassy in China
- Processing Time: Generally, visa applications are processed within 30 working days, but this may vary depending on nationality and time of year.
- Cost: Visa fees may vary. Be sure to check the current fee on the website of your Italian consulate or visa center.
- Interviews: In some cases, an interview at the consulate or visa center may be required.
- Visa Receipt: Once approved, the visa will be placed in your passport.
- Entry Rules: Upon arrival in Italy, you may be required to present proof of your accommodation, financial means and travel insurance to the border authorities.
- Compliance with Visa Conditions: It is essential to respect the length of stay and other visa conditions to avoid problems during future visa applications.
- Updated information: Visa procedures and requirements may change. It is advisable to check the latest information on the website of the Italian Embassy or Consulate.
Remember that advance planning and thorough preparation of documentation are crucial to a smooth visa application process.