Financial Means
Submit a bank statement +internationally accepted bank card, paid voucher, prepaid travel agency invoice, officially verified invitation, stipend, grant, salary proof / employment contract w/Czech employer etc.
SCHENGEN VISAS
Supporting documents showing sufficient financial means for the stay and return can include: bank statement + internationally accepted bank card, prepaid voucher, paid travel agency invoice, officially verified invitation, stipend, grant, salary proof / employment contract w/Czech employer etc.
These are generally required supporting documents showing financial means. Other specific documents showing financial means and also enabling assessment of the applicant’s intention to leave the Schengen Area before the visa expiry (such as bank statements from the last 3 months, original bank letter confirming account existence, employment confirmation, or salary proof) can be requested based on harmonized lists of supporting documents that are used by all the Schengen Area Member States locally. You can access information on whether the harmonized list of supporting documents is used in your destination on this website here, on the website of the European Commission, or on the website of the consulate where you will file your application.
For stays of 30 days and less: You must possess at least 1,565 CZK* per day
(This reflects the existential minimum, which is set at 3,130 CZK per day – half of this amount is required for the visa purposes).
For stays over 30 days (90 days maximum): You must possess at least 15x 3,130 CZK. This amount increases by 2x 3,130 CZK per each full month = 46,950 CZK + 6,260 CZK for each full month.
LONG-TERM VISAS AND RESIDENCE PERMITS
When you apply for a long-term visa or a residence permit, you are required to possess sufficient financial means for the stay in CZE. You can submit a bank statement showing that you possess the required amount and that the money can be used in CZE (typically by internationally accepted bank card), stipend, grant, salary proof if employed in CZE (you can submit employment contract w/Czech employer).
The applicant is required to possess at least 15x 3,130 CZK*. This amount increases by 2x 3,130 CZK per each full month = 46,950 CZK + 6,260 CZK for each full month.
Applicants for long-term visas for the purpose of entrepreneurship are required to possess at least 50x 3,130 CZK = 156,500 CZK.
STUDENTS can also submit, besides the above mentioned, for example a written undertaking of a state institution / legal person that it will support the student´s stay in the Czech Republic by providing financial means in the amount of 3,130 CZK per month or a confirmation that the school will cover the expenses. Students can also submit a stipend or grant provided on a basis of international agreement by which the Czech Republic is bound. If these finances do not cover the entire required sum, students prove that they have financial means to cover the difference.
Applicants YOUNGER THAN 18 show only half of the above mentioned sums.
Additional information on substantiating financial means when applying for long-term visas, long-term residence permits or permanent residence permits may be found on the website of the Ministry of the Interior.
*CZK = Czech Crowns
Legal sources:
○ Regulation (EC) No 810/2009 of the European Parliament and of the Council of 13 July 2009 establishing a Community Code on Visas (Visa Code) – mainly Article 14.1(c + d) and 14.4 + Annex II B
○ Act No 326/1999 Coll., on Residence of Foreign Nationals in the Czech Republic and Amending Certain Acts (available in Czech) – mainly Article 13
○ Act No 110/2006 Coll., on Subsistence and Existential Minimum (available in Czech)
○ Directive No 436/2022 Coll. from December 14, 2022, on Increasing Amounts of Subsistence and Existential Minimum (available in Czech)
Useful links:
○ Press Release of the Ministry of Labor and Social Affairs (PDF, 195 KB) (in Czech)
○ Ministry of the Interior – Proof of Funds
○ Ministry of Labor and Social Affairs – Subsistence and Existential Minimum (in Czech)