Financial Requirements for Entry into Italy

Understand the financial means required for stay and return to Italy and the Schengen area.

To enter Italy, a foreigner must have sufficient financial means to support themselves during their stay and for the return to their country of origin or residence. This availability of financial means is a fundamental requirement for entry into the Schengen area as provided for by the Visa Code.

The Ministry of the Interior has established the guidelines on the definition of means of subsistence for the entry and residence of foreigners in Italy through a directive of 1 March 2000.

According to this directive, a foreigner can demonstrate the availability of financial means with, cash, bank guarantees, surety bonds, equivalent credit titles, prepaid service titles or proof of availability of sources of income in Italy.

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Furthermore, unless otherwise provided by law, you are required to demonstrate the availability of accommodation in Italy (for example, through a hotel reservation or a declaration of hospitality).

Having sufficient means for subsistence is a fundamental requirement for the issuing of the entry visa and can be verified during police checks at the border even for those foreign citizens who do not need a visa to enter Italy. 

If a foreigner cannot demonstrate the availability of the necessary resources, he or she will incur a rejection order by the border police authorities.

What are the amounts to be guaranteed with the Surety Bond?

As established by the Interministerial Decree n. 850 of 2011, here are the amounts also valid for business visas, medical care, sports competition, invitation, religious reasons, elective residence, study, transport, tourism and working holidays:

Travel duration classesA participantTwo or more participants
From 1 to 5 days: fixed overall fee€ 269,60€ 212,81
From 6 to 10 days: daily rate per person€ 44,93€ 26,33
From 11 to 20 days: fixed fee€ 51,64€ 25,82
Daily rate per person€ 36,67€ 22,21
Over 20 days: fixed fee€ 206,58€ 118,79
Daily rate per person€ 27,89

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