Is there a blocked account requirement for New Zealand student visa?
No, New Zealand does not require a blocked account for student visa applicants.
You must show proof of sufficient funds for tuition, living expenses, and return travel. For tertiary studies, the minimum living cost is NZD $20,000/year (or NZD $1,667/month for courses under a year). Acceptable proof includes bank statements, prepaid accommodation receipts, or a sponsorship letter.
In some cases, Immigration New Zealand may ask you to use the Funds Transfer Scheme (FTS), where funds are transferred to a New Zealand bank account for access during your stay. Financial requirements and accepted documents are subject to change.
Still have doubts?
Speak to a LeapScholar expert — free, no obligations.
More Student visa questions
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- Can you explain the difference between Germany and Ireland regarding dependent visas and family stay for a PhD?
- Are golden visas available after education, and what are the eligibility criteria in UAE for a Master's/PhD?
- Are recommendation letters from college professors acceptable for my application for a MBA?
- How does the show money requirement work for Australia visa applications?
- What are the visa application chances and procedures for USA compared to Australia?
- Will I be eligible for a post-study work permit after completing my master's degree in history in USA?
- How much money do I need to show for the visa process in Poland?
More Germany questions
- Other than Canada and Netherlands, are there better countries to study science and technology in Germany/Singapore?
- Is Germany the best first priority country for my course and career scope for a Master's?
- Is it possible to get a fully funded scholarship if he scores seven or above (seventy percent) in the third year in Germany?
- Does my 12th grade percentage affect my master's application in Germany/France for a Bachelor's?
- Which countries offer the best bioinformatics programs for Indian students after Class 12, and what should they know about Germany specifically?
- What are the differences in career opportunities and PR options between Germany and Canada?
- What are the tuition fees for studying in Germany for a Master's/Bachelor's?
- Do I need to submit individual mark sheets for backlogs during the application process in Germany/Singapore for a Master's?
