Funds Guide for the Italy Working Holiday Visa

Volare Editorial | April 3, 2026

To obtain a Working Holiday in Italy permit, proving financial solvency is a fundamental requirement that varies significantly according to the applicant's country of origin. These funds ensure that the participant can cover initial maintenance expenses before starting a work activity. For personalized advice on this destination, you can visit Volare's Italy Working Holiday section.

Solvency requirements by nationality

Italian consular authorities apply differentiated criteria based on current bilateral agreements:

• Australia: Applicants must demonstrate possession of at least 10,000 euros per year for maintenance.

• Canada: The required amount is 1,900 euros net to cover the 12-month stay.

• South Korea: The applicant must prove a minimum of 3,000,000 KRW.

• Hong Kong and Japan: The amount is not officially fixed at an exact figure; the consulate evaluates the sufficiency of the funds presented individually.

• New Zealand: Demonstrating 5,500 NZD for personal maintenance is required.

  
  

Proof of funds and documentation

The way to prove these funds also varies according to the applicant's nationality:

Australia, South Korea, Hong Kong, Japan, and New Zealand

It is mandatory to present a recent printed bank statement exclusively in the holder's name reflecting the transactions of the last three months. The document must be originally issued in Italian or English; otherwise, an official translation into one of these languages must be attached.

Canada

The consulate requires a recent bank statement in the holder's name (last three months). As an additional option, proving financial solvency through a credit card in the applicant's name with sufficient available credit is permitted.