Hungary: Required funds guide for the Working Holiday Visa

Volare Editorial | March 15, 2026

To ensure that participants can support their initial stay, the consular authorities require proof of financial solvency as a fundamental requirement to approve the Hungary Working Holiday Visa.

As in other mobility agreements, the financial requirement is not uniform. The required amounts and accepted methods to demonstrate these funds vary significantly depending on the applicant's nationality and the bilateral agreements in force. Below, we detail the official regulations divided into two key aspects: the required amount and the methods of proof.

1. Amount of funds required by nationality

The base amounts established by law to apply to the program are the following:

• Taiwan: 4,000 EUR is required. This amount is reduced to only 2,500 EUR if the applicant has already purchased the return ticket.

• South Korea: 3,750 EUR is required. The requirement is reduced to 2,800 EUR if the confirmed return ticket is already held.

• Australia: A minimum of 3,000 EUR is required, in addition to having the return ticket or the extra funds to purchase it.

• Hong Kong: A minimum of 2,950 EUR is required, plus the return ticket or the funds to purchase it.

• New Zealand: A minimum of 2,400 EUR is required, plus the return ticket or extra funds to purchase it.

• Rest of the nationalities: It is required to demonstrate sufficient funds for initial maintenance, in addition to the return ticket or the funds to acquire it. The exact amount is not strictly specified and is subject to the evaluation of the corresponding consular authority.

2. Official methods to prove funds

The rigor and format of the financial documents also depend on the country of origin:

• Rest of the nationalities (General Rule): Original bank statements from the last 3 months demonstrating sufficient balance must be submitted. The account must obligatorily be in the applicant's name. Sponsors, guarantors, or third-party accounts are not accepted.

• South Korea: Bank statements demonstrating sufficient balance must be submitted. If the applicant does not have their own bank account, regulations exceptionally allow submitting bank statements from their parents' accounts, as long as an official document proving the family tie is attached.

• Australia: Evidence of financial capacity is required. Unlike other destinations, for Australian citizens it is allowed for funds to be provided by a third party (such as parents or a sponsor). In this case, evidence of the tie or relationship with the person providing the financial backing must be included in the application.

• New Zealand: Proof of funds is very flexible and is not limited to own bank statements. Officially accepted as evidence: cash, traveler's checks, bank drafts, or even the presentation of a recognized international credit card demonstrating the required available credit limit.

For more details on the application processes and the preparation of your file, consult our official Working Holiday Visas section for Hungary.