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Posted on September 27 2024

How much bank balance is required for job seekers visas?

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By  Editor
Updated September 27 2024

Foreign nationals who want to apply for jobseeker visa must have a minimum bank balance and proof of sufficient funds in order to survive in the country. This bank balance will ensure applicants can support their needs and have accommodation in the country. Every country has different requirements for proof of sufficient funds, depending on which country an applicant applies to.

 

Bank balance requirements for job seekers' visas

 

Germany Jobseeker visa

Germany Jobseeker visa allows an applicant to stay in the country for six months to seek employment in the country.

 The amount required in bank balance for a German job seeker visa is stated below:

Country

Bank balance requirement

Other requirements

Germany

A blocked bank account with a minimum of €1,027 net per month in 2024. This is based on the minimum amount needed to live in Germany for a year.

Proof of accommodation, academic or vocational training, and acknowledgement of qualification for Germany

 

*Want to apply for Germany Jobseeker visa? Talk to Y-Axis for complete guidance.

 

Sweden job seeker visa

Sweden jobseeker visa allows an applicants to reside in the country for three to nine months and llok for employment opportunities in the country.

The amount required in bank balance for Sweden jobseeker visa is stated below:

Country

Bank balance requirement

Other requirements

Sweden

SEK 13,000 (about INR 1 lakh) for 3 months and

Advanced level, a degree must be equivalent to a 60-credit Master's degree, a 120-credit Master's degree, a professional degree ranging from 60 to 330 credits, or a postgraduate/PhD-level degree.

SEK 117,000 (or INR 9 lakh) for nine months

 

*Want to apply for Sweden Jobseeker visa? Talk to Y-Axis for complete guidance.

 

Austria Jobseeker visa

Austria jobseeker visa is for highly qualified applicants who can stay in the country for six months and seek employment.

The amount required in bank balance for Austria jobseeker visa is stated below:

Country Bank balance requirement Other requirements
Austria (at least 1,332 euros per month) Health insurance, German or English language skills at level A1 or higher.

 

*Want to apply for Austria Jobseeker visa? Talk to Y-Axis for complete guidance.

 

Portugal Jobseeker visa

Portugal jobseeker visa is for eligible candidates who can reside in the country for up to four months to seek employment.

The amount required in bank balance for Portugal jobseeker visa is stated below:

Country Bank balance requirement Other requirements
Portugal Bank statement or a blocked account with a minimum balance of €2,280. proof of sufficient funds and health insurance

 

*Want to apply for Portugal Jobseeker visa? Talk to Y-Axis for complete guidance.

 

UAE job seeker visa

The UAE offers a Job Seeker visa, available for single entry and valid for 60, 90, or 120 days. Applicants can choose according to the number of days they want to reside in the country.

The amount required in bank balance required for UAE jobseeker visa is stated below:

Country Bank balance requirement Other requirements
UAE with a minimum balance of 4,000 USD Skill level 1-3, recent graduate from top 500 universities

 

*Want to apply for UAE Jobseeker visa? Talk to Y-Axis for complete guidance.   

 

*Willing to apply for Jobseeker visa? Talk to Y-Axis, the world’s No. 1 overseas immigration consultancy for end-to-end support.

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