International Students Will Need Euro 11208 To Study In Germany In 2023

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Starting from 2023, the amount that students are required to have in their blocked bank account in order to be eligible to apply for a German student visa will increase by 8.5 per cent, from €10,332 to €11,208.

According to the German Federal Foreign Office, due to the increase in the total amount required for a blocked bank account, the monthly withdrawal will also increase from the current €861 to €934, reports.

œFrom January 1, 2023, the presumed annual requirement that must be paid into the blocked account when applying for a visa amounts to €11,208. The account may only permit the withdrawal of a certain amount per month (for students currently €934), the Foreign Office points out in this regard.

We have created a complete step by step guide on how to open a blocked account for international students in Germany with all the tips you need to know:

You can read more about opening a blocked account here.


To your academic success,

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