Italy raises financial requirement for student visas significantly: Details inside

ROME: Italy has issued new rules, significantly increasing the bank statement limit for study visas.

According to details, the Italian Ministry of University and Research has updated the visa rules for international students for the academic years 2026-27 and 2027-28.

Under the new rules, the financial proof limit for obtaining a study visa (Type D) has been significantly increased.

Under the latest circular issued on the official portal ‘Università’, the student will now have to declare financial resources of 10,179.85 euros per year, which is more than 3.2 million rupees at the current exchange rate.

It should be noted that earlier this limit was around 6,000 euros, which has now been increased by about 4,000 euros.

Italian authorities have imposed strict conditions on funds, saying that all money must be legal and traceable. The embassy can check the source of income.

The authorities said that preferably the money should be in the student’s own account, but family (up to the fourth degree of relatives) can also sponsor, while money temporarily held for visa purposes will not be accepted. The authorities will carefully review the account movements and the financial status of the sponsor.

The circular clarifies that simply applying for or being eligible for a scholarship will not be sufficient as financial proof. Until the scholarship is finally confirmed, the student will have to show a full bank statement.

Getting admission or pre-enrollment in a university does not mean obtaining a visa, the Italian embassy has the final decision to issue or not a visa after reviewing the student’s financial background, previous education, and purpose of going to Italy.

Students wishing to travel to Italy have been advised to prepare their documents in accordance with the new financial requirements (10,179.85 euros) and ensure that their funds are in line with their family income and documented correctly.