Do you need to prove you have £97 per day on entering Spain? (2024)

FAQs

Do you need to prove you have £97 per day on entering Spain? ›

It's important to note that visitors are not required to spend £97 everyday, but only need to show they have sufficient means to do so. This rule does not just apply to Spain, but to all 27 countries within the EU Schengen zone, each of which set out their own spending limits.

Accreditation of financial means​​​

In any case, and regardless of the length of stay, the traveller must have at least 810 euros or its equivalent in foreign currency.

Proof of financial status: Only Bank statements from banks in the U.S. and only European banks outside of the U.S. will be considered. Last three months personal bank statements of current/savings account with transaction history. [ALL PAGES of each month's bank statement] Ending balance must be in USD or Euros only.

The proof of funds required can take many forms, including copies of bank statements or a letter from your bank; an affidavit of support from a parent, guardian, or a supporter, accompanied by copies of their bank statements; or evidence of financial aid or scholarships.

However, the entry requirement is not new and is not unique to Spain. Back in 2022 it was £85, which increased to £93 last year, and now it stands at £97. The requirement for third-party travellers to show proof of funds is applicable to other EU countries as well - not just Spain.

Aside from meeting the minimum income requirement, you need documents to show proof of income for your Spanish residency. To demonstrate that you have enough financial means to reside in Spain, proof of income can be any or all of the following original documents, depending on your visa type; Bank statements.

PROOF OF SUFFICIENT FUNDS:

Should have an account balance of a minimum of $110 per day per person of trip in the last 3 months and a minimum of $1100 if the trip is less than 10 days. You can provide credit accounts or equivalent, only as support of the checking/savings accounts.

Proof of funds refers to a document that demonstrates the ability of an individual or entity to pay for a specific transaction. A bank statement, security statement, or custody statement usually qualify as proof of funds. Proof of funds is typically required for a large transaction, such as the purchase of a house.

There is no specific minimum bank balance requirement for a Spain visa. However, applicants must provide proof of sufficient financial means to cover their expenses during their stay in Spain, including accommodation, transportation, and daily expenses.

Can I show cash as proof of funds? ›

What is the Proof of Funds document? Depending on the requirements of the country you are applying to, after you have secured your cash and they have been in your account for 3-6 months or sometimes even nine months, you must now: Request a formal letter from any bank or financial institution where you have the funds.

Travelers visiting the United States from a foreign country must be able to prove to a U.S. Customs and Border Protection (CBP) officer that they have sufficient funds, i.e., credit card, cash, travelers' checks, money order to cover travel, lodging, entertainment, meals, etc. to be admitted into the United States.

Who needs to show proof of funds? Individuals applying for Canadian immigration under the Federal Skilled Worker and Federal Skilled Trades Classes are required to show proof of funds to demonstrate that they can economically establish themselves in Canada.

At Spanish border control, you may need to show: a return or onward ticket. proof of your travel insurance. you have enough money for your stay - the amount varies depending on your accommodation.

A new rule in Spain will require tourists to have 113 euros (£97) per day if they want to holiday there. British tourists have been left enraged by a new rule in Spain that could require them to prove they have £97 of spending money per day.

Dubbed the "£97 a day rule", entry requirements do stipulate that British nationals should be able to produce proof of funds upon entering the country. Recently, UK residents have sworn to boycott the country for their holidays, vowing they will "never visit Spain again".

There is no specific minimum bank balance requirement for a Spain visa. However, applicants must provide proof of sufficient financial means to cover their expenses during their stay in Spain, including accommodation, transportation, and daily expenses.

Are there limits? The same rules apply for taking cash out of Spain as for bringing it in. You can take up to €10,000 EUR or the currency equivalent out of the country. Take anything above that sum, and you'll need to make a customs declaration.

How much does the tourist visa for Spain cost? A Spain tourist visa costs 80€ for visitors aged 12 and over, 40€ for children ages 6 to 12, free for children younger than 6 years old.

Proof of economic means:

Original bank statement of the applicant for the last three months. Income tax returns (ITR-V) for last three years.