Canada to Double Financial Requirements for Student Visas Starting 2024 – VisaGuide.News ...Middle East

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The Canadian government has unveiled a set of additional criteria for prospective international students intending to pursue education in Canada, setting an increased financial threshold for the cost of living. As of January 1, 2024, individual applicants must demonstrate possession of CAN$20,635 in accessible funds in order to apply for a student visa, a figure more than double the current savings requirement of over $10,000, excluding tuition and additional fees for accompanying family members, VisaGuide.World reports. Through a statement issued on December 9, the government also pointed out that the increased financial requirement is intended to address a troubling pattern where some in

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