also called income requirement · minimum income threshold
Evidence of a steady income at or above a set level, required by many nomad and residence visas.
Paperwork showing you earn a regular income at or above the level a visa demands, month after month. It is about reliable incoming money, not a lump sum sitting in an account, which is what proof of funds covers. Freelancers often struggle here because their earnings jump around.
A freelancer applying for a nomad visa has plenty of money coming in, but it lands in uneven chunks from different clients. The consulate wants to see a steady monthly figure, and their lumpy invoices do not read as the reliable salary the form expects.
Nomad visas often set a monthly income floor, and irregular freelance income can be hard to document to their standard.
The difference is the whole point, so here is each one in a line.
Each proves a different thing an official asks for.
Proof of address shows where you live, such as a bill in your own name at your address of record; proof of accommodation shows where you will stay on a trip, such as a booking, lease or a host's letter of invitation; and proof of residency shows you legally reside somewhere.
Proof of income shows a steady earning at a required level, while proof of funds shows a lump sum of savings, the difference being a flow of money versus a balance sitting there.
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