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Showing posts from December, 2023

Why Do I Need To Open A Blocked Account In Germany?

  For a non-EU student to apply for a German student visa, they must fulfil the standards set forth by the university and the government. One of the most popular destinations for international study is Germany. Germany continues to draw top students from all over the world with its free educational system, more than 300 esteemed academic institutions, a lot of study options, and knowledgeable faculty. For many international students, obtaining a German student visa is a prerequisite to continuing their studies in Germany. Why do you need a Blocked Account in Germany? For a non-EU student to apply for a German student visa, they must fulfil the standards set forth by the university and the government. Students must furnish the embassies with documentation of their financial means as one of these requirements. This indicates that they have the financial means to support themselves while they are in Germany. Making an account with a German bank that is blocked is one of the most pop

Know How to open a Blocked Account in Germany

  This comprehensive guide will help you evaluate and select the best provider of blocked accounts. It also explains how to open a blocked account for foreign students who want to study abroad or live in Germany. If you are an international student from a non-EU or non-EEA nation, you are required by German law regulations to demonstrate that you have the financial means (Finanzierungsnachweis) to pay for your living expenses while studying there. Providing evidence of your financial stability is crucial to obtaining a study residence permit and student visa in Germany. For comprehensive instructions on opening a blocked bank account in Germany, see this article.   Blocked Account It is known as a “blocked account” because the money deposited into the account cannot be withdrawn until the account holder arrives in Germany. The German blocked bank account (Sperrkonto) is designed to serve international students and job-seekers as proof of financial resources for living in Germ