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 a
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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It is known as a “blocked account” because the money deposited into the account cannot be withdrawn until the account holder arrives in Germany.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 Germany for a year and is a requirement when applying for a German student visa or a student residence permit.
Even though there are other ways of showing one’s financial standing, the blocked account is the most common among international students.
By allocating a certain amount of
It is known as a “blocked account” because the money deposited into the account cannot be withdrawn until the account holder arrives in Germany.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 Germany for a year and is a requirement when applying for a German student visa or a student residence permit.
Even though there are other ways of showing one’s financial standing, the blocked account is the most common among international students.
By allocating a certain amount of
You need a high Schufa score to demonstrate that you are creditworthy, have a solid credit history, and can easily make loan payments and rent payments on time.
Know Schufa
It is known as the credit rating agency of the country. It stands for Schutzgemeinschaft für allgemeine Kreditsicherung. It is an acronym for "general credit protection agency." It provides the nation's citizens with a credit score known as the Schufa score. Private company SCHUFA Holding AG, which monitors and maintains credit records for citizens, carries out this task. You can find a flat and/or qualify for a loan in
Know Schufa
It is known as the credit rating agency of the country. It stands for Schutzgemeinschaft für allgemeine Kreditsicherung. It is an acronym for "general credit protection agency." It provides the nation's citizens with a credit score known as the Schufa score. Private company SCHUFA Holding AG, which monitors and maintains credit records for citizens, carries out this task. You can find a flat and/or qualify for a loan in