Finland Increases Financial Requirement for Schengen Visas to €50 Per Day

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KEY TAKEAWAYS

Finland has increased the minimum daily financial requirement to stay in its territory from €30 to €50
The increase has occurred due to the increasing living costs.
The country has also introduced a proof of sponsorship form, which the person inviting the applicant in Finland should fill in.

Travellers reaching Finland since January 1, 2024 and on will be required to have 66 per cent more money with them than currently, to support their stay in the country, the Finnish authorities have decided.