How much bank balance is required for an Australia tourist visa?
Are
you planning to travel to Australia or want to apply for an Australia visitor
visa or Tourist visa, you may have this question
How much bank balance is required for an Australia tourist
visa?
Or the
minimum bank balance for a visitor visa in Australia. This article will help
you to understand the fund’s requirements for an Australian tourist visa
Understanding the need behind the minimum bank balance
for a visitor visa in
Australia
The Australian Department of Home Affairs requires all visitor visa applicants to demonstrate that they can financially support themselves for the duration of their stay without resorting to work or relying on public funds. This requirement ensures that visitors can cover costs such as accommodation, food, transportation, and other expenses.
General
Guidelines for Bank Balance
The Department
of Home Affairs hasn’t given any specific guidelines for the required amount.
However, it is observed that an individual should have at least AUD 5,000 to
AUD 7,000 as the minimum bank balance for a visitor visa in
Australia available for a short trip (one to three weeks). For
longer stays, you should show additional funds proportional to the length of
your visit even though no fixed amount has been specified.
Illustrated below in the table is a set of minimum
funds for an Australia visa.
|
Number
of applicants |
Funds in AUD |
Funds
in INR ( if 1 AUD = Rs.55) |
|
1
applicant |
$
10,000 |
Rs.
5,50,000 |
|
2
Person |
$
15,000 |
Rs.
8,25,000 |
|
3
Person |
$
20.000 |
Rs.
11,000,00 |
Mentioned below is a more detailed breakdown:
1.
If an applicant plans to stay for 1
week to 3 weeks, then he or she must provide the following bank balance:
Minimum Bank Balance -AUD 5,000 - AUD 7,000
2.
If an applicant plans to stay for 4
weeks to 8 weeks, then he or she must provide the following bank balance:
Minimum Bank Balance - AUD 10,000 - AUD 15,000
3.
If an applicant plans to stay for 3
months to 6 months, then he or she must provide the following bank balance:
Minimum Bank Balance - AUD 20,000 and above
What factors influence the minimum bank balance for
visitor visas in Australia?
Several
factors can influence the amount of funds you need to show, including:
·
How long do
they plan to stay:
If
an applicant plans to stay longer, they need to provide more proof of funds to
cover their stay such as tickets, accommodation, living costs, etc.
·
Travel Plans
of the Applicant:
If
an applicant wishes to travel extensively within Australia, factor in the costs
of flights, hotels, and tours.
·
Free
Accommodation:
Staying
with friends or family can reduce the amount you need to show, but you must
provide evidence of free accommodation.
·
Dependents:
If
you're travelling with dependents, you'll need to demonstrate additional funds
to cover their expenses as well.
What are the tips to consider when providing your
proof of funds?
1.
The applicant must ensure that
their bank statement shows consistency in the bank balance and they must
maintain this rather than large, last-minute deposits.
2.
If an applicant has large funds
deposits, then they must provide an explanation or source of those funds.
Final Thoughts
Though
the Department of Home Affairs has not set any requirements for a minimum bank
balance for a visitor visa in Australia, demonstrating a sufficient and stable
bank balance is crucial for a successful Australia Visitor
Visa application. So, if you are planning a trip to
Australia, ensure you have a minimum bank balance for a visitor visa in
Australia. It will make your application process smoother and increase your
chances of approval.
Still
you have any queries please consult to our Australia visitor visa
consultant at 750-383-2132/ 928 928 9006/ 928 928 9007.
if want to watch our testimonial experience please visit here
https://www.aptechvisa.com/testimonial
Comments
Post a Comment