Funds and financial solvency for the Working Holiday Visa for Austria

Written by Volare | March 16, 2026

To access the Austrian exchange program, applicants must prove they possess sufficient financial resources to cover initial maintenance costs and guarantee their return to their country of origin. The amounts vary according to specific bilateral agreements and the local currency of each nation.

1. Amounts to be proven by nationality

The following are the minimum required funds. It is mandatory to present a return ticket already purchased or, failing that, to demonstrate possession of the additional indicated funds for its acquisition.

• Argentina: €2,500 ($2,900 USD) plus the round-trip flight ticket. In case of not having the return ticket at the time of the appointment at the Austrian Embassy in Buenos Aires, an additional €1,500 ($1,740 USD) must be demonstrated.

• Australia, United States, and Israel: €1,500 ($1,740 USD) plus the corresponding amount for the round-trip flight ticket.

• Canada: CAD 2,500 ($1,850 USD) plus the corresponding amount for the round-trip flight ticket, managed under the International Experience Canada guidelines.

• Chile: €1,500 ($1,740 USD) plus the round-trip flight ticket. If the return ticket is not presented at the Austrian Embassy in Santiago, an additional €800 ($928 USD) must be accredited.

• South Korea: KRW 3,000,000 ($2,115 USD) plus the corresponding amount for the round-trip flight ticket.

• Hong Kong: HKD 20,000 ($2,570 USD) plus the corresponding amount for the round-trip flight ticket.

• India: Between €2,000 and €3,000 ($2,320 to $3,480 USD) plus the corresponding amount for the round-trip flight ticket.

• Japan: €2,000 ($2,320 USD) plus the corresponding amount for the round-trip flight ticket.

• New Zealand: NZD 2,250 ($1,350 USD) plus the corresponding amount for the round-trip flight ticket.

• Taiwan: €2,500 ($2,900 USD) plus the round-trip flight ticket. In case of not possessing the ticket, the total amount to be demonstrated must be €4,000 ($4,640 USD).

2. Methods of proving funds

The way these resources are accredited before the consular authorities strictly depends on the nationality and the agreement in force:

Argentina and Chile

• Documentation: Official bank statements from the last 6 months.

• Ownership: They can be in the name of the applicant or a direct relative (parents). Guarantors are accepted through a sponsorship letter notarized by a notary public.

• Liquidity: Immediate liquidity must be demonstrated in checking or savings accounts. Fixed-term deposits (plazos fijos) are not accepted.

Rest of countries

• Documentation: Official bank statements from the last 3 months.

• Ownership: They must strictly be in the name of the applicant. Guarantors or third-party sponsorships are not accepted.

• Technical requirements: Documents must have the original signature and stamp of the issuing banking entity.

• Liquidity: Immediate availability of funds is required. Fixed-term deposits or low-liquidity investments are not accepted.

It is essential that all financial documentation is clear and, if required by the consulate, accompanied by an official translation into German or English. For detailed assistance regarding this process, you can consult the specific section of WHV Austria by Volare.