How Much Money Should I Show the Embassy
by Anna Maria Cos Alcantara
One of the most common questions that I hear from my parents’ office is, “How much money should I show the embassy?” I used to think that it was a stupid question – what did they mean how much should they show the embassy? Aren’t you supposed to show how much you truly have?
I guess it wasn’t until I was older that I understood why people feel the need to ask this question – for different reasons. But no matter what your reason is, to help yourself get that coveted visa, here are some tips regarding financial requirements –
- Make sure that you have enough money to cover all your expenses. Do your research – prepare for the cost of your accommodation, your meals, and your flight. Don’t forget to include emergency funds and your pocket money.
- Remember that once you are no longer a minor, the embassy will ask how you plan to finance your trip. But please – be honest and be realistic with the requirements that you submit. Don’t go presenting that you have millions in your bank account when you’re working an entry-level job. Alternatively, if you’re declaring that you own this and that, don’t show an account that only has Php 50,000.
- Don’t resort to fund transfers. Don’t even think about it. Some people tend to resort to this especially if they’re anticipating that the money allotted for their trip will come right before they depart, or simply just to comply with the requirement. Remember that embassies have access to the behavior of your bank account, and they will see it as a red flag if your current job doesn’t match your bank account.
- Show that you have a steady source of income. It’s important to show that your bank account has been performing well in the last 6 months at the very least. This will show the consul that you’re doing well in the Philippines, and that they will not question if you’re looking for job opportunities abroad.
Remember that you don’t need to be a millionaire to travel, but traveling does have tag price. Be ready to pay the price – but make sure that you prove to the consul that you’re not just ready, but also willing and able!