Can the show money be in the form of fixed deposits in the student's or parents' name in New Zealand?
Yes, fixed-term deposits are accepted by Immigration New Zealand as valid proof of funds for a student visa and can be held in either your name or your parents name. Immigration New Zealand generally requires that these fixed-term deposit certificates show the funds have been held for at least three.
If you are planning to study in New Zealand, you might be wondering whether fixed deposits can be used as acceptable show money. Fortunately, Immigration New Zealand accepts fixed-term deposits held in either your name or your parents name, provided they meet strict maintenance criteria.
Fixed Deposit Documentation and Terms
| Requirement Category | Immigration New Zealand Rule |
|---|---|
| Holding Period | Must be held for at least 3 months prior to application |
| Account Holder | Can be in the student name or parents name |
| Accessibility | Must be readily accessible without severe blocking penalties |
| Parent Sponsors | Requires form INZ 1014 and birth certificate proof |
| Baseline Costs | Must meet living costs set at NZD $20,000 per year |
Required Supporting Documents
- Fixed-Term Deposit Certificate showing account holder details and maturity terms
- Bank Letter or Statement confirming active status and withdrawal terms
- Transaction History from the originating savings or checking account if the deposit is new
My Advice
Ensure your fixed deposits have been sitting in the account for the full three-month period to avoid processing delays. If you use parental funds, remember to attach the completed financial undertaking form and your birth certificate.
Cash income, business income or no ITR?
See whether your funds and documents will pass the NZ visa check.
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