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, Studying-in-Germany.org
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,
