Canada hikes proof of funds requirement to $20,635 for Nigerians, others

Canada hikes proof of funds requirement to $20,635 for Nigerians, others – Businessday NG ...Middle East

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Canada has increased cost of living Proof of Funds requirements for study permit applicants from other countries including Nigeria by 106.4 percent to $20,635. This new policy will apply to new study permit applications received on/after January 1, 2024, according to a statement by Immigration, Refugees and Citizenship Canada (IRCC) on Thursday. Currently, an applicant to Canada needs to show at least $10,000 in their bank account to prove that they can keep up with the cost-of-living in Canada. “The cost-of-living financial requirement for study permit applicants will be raised so that international students are financially prepared for life in Canada,” Marc Miller, Canada’s minister o

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Last updated : 08 Dec 2023 clock 07:56 AM

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Canada hikes proof of funds requirement to $20,635 for Nigerians, others – Businessday NG ...Middle East

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