37 Lakh New Resident Permits issued by EU nations
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Apr 13th, 2026

Canada removes co-op work permit need for students, allowing easier access to internships and work opportunities during studies

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 Canada’s new work permit rules
Canada Removes Co-Op Work Permit Requirement for International Students, Expanding Work Opportunities for Graduates. Apply Now!

Highlights: Canada to Simplify Employment Pathways With New Work Rules for International Students and Graduates

  • Canada has simplified its work authorization system for international students and graduates under the new immigration policies.
  • International post-graduate students will no longer require a co-op work permit effective from April 1, 2026.
  • International students in Canada are now eligible to use their study permits as work authorization for internships, co-ops, and practicums.
  • Work authorization rules will be expanded for students applying for a Post-Graduation Work Permit (PGWP).
  • Under the new rules, post-secondary students in Canada are allowed to complete mandatory internships and work placements that make up no more than 50% of the total course duration.


*Want to apply for a Canada student visa? Let Y-Axix guide you with the process.
 

Canada Introduces New Work Permit Rules to Boost Post-Study  Opportunities

Canada officially updated its work permit rules for international students and graduates, simplifying study and employment from April 1, 2026.  The new work permit policies remove the requirement for a separate co-op permit for pursuing internships during the study program.

Earlier, international students required a separate study and co-op permit to engage in internships, co-ops, and practicums during the course. The new work permit rules are part of Canada’s broader plans to expand work authorization for foreign nationals in 2026.

IRCC announced new work authorization rules for the current year to streamline study and work rights in Canada. The Canadian government is still deciding on wider changes to aid applicants waiting for permit approval.

The following are the new work authorization policies implemented for foreign graduates in Canada:

  • Post-secondary students can complete work placements while studying, provided they account for half of the course duration.
  • A valid study permit with on-campus work conditions is acceptable for pursuing internships/co-ops.
  • Students awaiting approval of their co-op work permit can withdraw their applications.
  • Post-Graduation Work Permit (PGWP) will be expanded for international students.
  • Reduction in the number of permit applications to avoid duplication, administrative burden, and operational inefficiency.


Also, read...

Canada Introduces Eight Major Immigration Changes from April 1, Impacting PR Applicants and Newcomers. Check Your Eligibility Now!
 

Benefits of the Latest Work Access Rules in Canada for Foreign Graduates  in 2026

The new work authorization rules from April 1, 2026, reduce duplicate applications for work and study permits to clarify work rights for international students in Canada.

The benefits of Canada’s revised work rules for foreign graduates in the current year are as follows:

  • No need to apply separately for a co-op work permit and a study permit for internships and placement programs.
  • Faster access to work opportunities without having to wait for work approval.
  • Simplified documentation process for single permit applications.
  • Students can continue working after course completion while their PGWP is in process.
  • Continuous Canadian work experience improves eligibility for Express Entry and Provincial Nominee Programs (PNPs).


*Are you looking for step-by-step assistance with Canada immigration? Contact Y-Axis, the world's No. 1 overseas immigration consultancy.

 
For recent Canadian immigration updates, check out the 
Y-Axis Canada Immigration News Page.

 

FAQs

What changed for international students in Canada regarding co-op work permits as of April 2026?

Effective April 1, 2026, post-secondary international students in Canada are no longer required to obtain a separate co-op work permit to participate in mandatory work placements such as internships, co-ops, or practicums. A valid study permit with on-campus work authorization is now sufficient, provided the placement is a mandatory component of the academic program and does not exceed 50% of the total program duration. This change eliminates the need to file multiple permit applications for what is effectively a single educational pathway.

Who is eligible to benefit from the removal of the co-op work permit requirement?

Post-secondary international students with a valid study permit are the primary beneficiaries of this change, provided their work placement is a required part of their program and does not constitute more than 50% of the total program duration. Secondary school students are not covered under this update and still require a co-op work permit. Students who had already applied for a post-secondary co-op work permit may withdraw their application, as it is no longer a requirement under the revised framework.

Can international graduates work in Canada while waiting for their Post-Graduation Work Permit (PGWP) decision?

Graduates applying for a PGWP can already work full-time while awaiting a permit decision, provided they meet certain conditions — namely, completing their studies, having prior work authorization during their studies, and submitting the PGWP application before their study permit expires. This provision helps bridge the gap between the end of studies and the receipt of a formal work permit, ensuring graduates are not left without income or work authorization during what can be a lengthy processing period.

What additional reforms to student work authorization are currently being proposed by IRCC?

Immigration, Refugees and Citizenship Canada (IRCC) is considering several further reforms, including allowing international students to continue working while awaiting decisions on study permit extensions, extending work authorization to graduates who have applied for a PGWP but are still awaiting approval, eliminating the co-op work permit requirement entirely across all student categories, removing study permit requirements for foreign apprentices who already hold valid work permits, and introducing standardized processes for work authorization during scheduled academic breaks. These proposals are currently in the consultation phase.

How does the removal of the co-op work permit requirement benefit students practically?

The removal of the co-op work permit requirement represents a significant reduction in paperwork and processing time for international students. By allowing a single permit to cover both academic study and required work placements, the system becomes more efficient and easier to navigate. Students no longer need to budget additional time or money for a secondary permit application, and the risk of experiencing a gap in work authorization due to processing delays is considerably reduced, making the overall academic experience more streamlined and administratively manageable.

What are the PGWP eligibility requirements for college and diploma program graduates?

As of June 25, 2025, international graduates enrolled in college or diploma programs must complete one of 920 approved programs to qualify for a PGWP. This field-of-study requirement was introduced to align post-study work opportunities with sectors facing long-term labour shortages in Canada. College graduates must also meet minimum language proficiency standards in addition to program eligibility criteria. University-level degree students, however, retain automatic PGWP access regardless of their field of study and are not subject to the same field-based restrictions.

Are students already enrolled in affected programs protected from PGWP eligibility changes?

Students who applied for their study permit before the June 25, 2025 policy update retain PGWP eligibility even if their program is no longer on the approved list. This grandfathering provision applies equally to students already studying in Canada at the time of the change. The measure is intended to prevent mid-program disruptions and to honour the academic commitments students made under earlier policy conditions, ensuring that regulatory changes do not penalise those who could not have anticipated them when choosing their program.

How have Canada's international student arrival numbers changed in recent months?

Recent data reflects a continued and significant decline in international student arrivals. In January 2026, new arrivals were 28% lower compared to the same period in 2025, with study permit issuances falling by 37% year-over-year. Foreign worker arrivals also declined by 20% during the same timeframe. Over the full year 2025, total arrivals were 53% lower than in 2024. These figures align with Canada's stated policy objective of reducing its temporary resident population to below 5% of the total national population by the end of 2026.

What are the language proficiency requirements for obtaining a PGWP?

Language proficiency standards are now a mandatory component of PGWP eligibility for students who applied for their study permit on or after November 1, 2024. University graduates must achieve a Canadian Language Benchmark (CLB) Level 7 across all four language areas, while college graduates must meet a CLB Level 5 in reading, writing, speaking, and listening. These requirements apply to both English and French language assessments, depending on the language of instruction. Meeting these benchmarks is a non-negotiable condition for PGWP approval under the current framework.

How do the proposed PGWP gap-filling changes affect permanent residency pathways?

Graduates who experience a lapse in work authorization while awaiting a PGWP decision may face difficulties demonstrating continuous, authorized work experience — a key requirement for permanent residency programs such as the Canadian Experience Class and various Provincial Nominee Programs. Proposed measures to close this gap would therefore have direct implications beyond temporary work access. A clean and uninterrupted work authorization record strengthens both Express Entry profiles and provincial nomination applications, making the continuity of work status a matter of significant long-term consequence for graduates pursuing permanent residency in Canada.

Posted on April 13 2026

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Singapore welcomes up to 30,000 Foreigners annually
Singapore Plans to Welcome 30,000 Foreigners Every Year as New Citizens. Apply Now!

Highlights: Singapore to Expand Citizenship Opportunities for 30,000 Foreign Nationals Annually

  • Singapore is set to grant citizenship to foreign nationals every year as part of efforts to address low population growth.
  • The country plans to admit up to 30,000 eligible foreign nationals annually to address its low birth rate and aging population.
  • Singapore’s immigration management is set to boost the average population by granting 25,000 citizenships in 2026.
  • The new citizenship strategy will be implemented over the next five years to establish a stable economy and workforce.
  • The Singaporean government has decided to process about 40,000 Singapore permanent residents (PRs) over the next five years.


*Want to apply for a Singapore PR? Sign up with Y-Axis to guide you with the process.
 

Singapore Implements 5-Year Strategy Granting 30,000 Permanent Residence to Foreign Nationals

The Singaporean government plans to welcome up to 30,000 foreign nationals based on qualification, experience, and financial eligibility. Singapore granted 25,000 citizenships in 2025 as part of its broader population expansion plan. This increased Singapore’s population by 0.7 percent last year, significantly stabilizing the economy.

Singapore is currently experiencing low population density due to a low birth rate and an aging population, both of which are affecting its economy. As a result, the country is managing immigration flows to address workforce shortages across diverse sectors.

Singapore further plans to offer permanent residence to 25,000 to 30,000 foreign nationals over the next five years to support the economy.

Additionally, 40,000 Singapore permanent residents (PRs) will be approved over the next five years to strengthen the workforce.



Also, read...

Singapore Extends Part-Time Re-Employment Grant for Senior Professionals. Check If You are Eligible!
 

Benefits of Applying for Singapore Permanent Residence in 2026

The ongoing population reduction in Singapore has significantly affected the country’s workforce and economy. The Singaporean government is set to offer citizenship to 25,000 to 30,000 foreign nationals annually to boost its economic strength.

You can benefit in the following ways by applying for a Singapore permanent residence (PR) in 2026:  

  • Direct access to Singapore citizenship upon fulfilling the criteria in 2 years.
  • Access to live and work in Singapore independently without a long-term work visa.
  • Flexibility to change jobs for career growth.
  • Eligibility for dependents (children/spouse) to work and study in Singaporean organizations.
  • Access to subsidized medical care at public hospitals and clinics.
  • Employer contributions to CPF accounts for retirement savings, healthcare, housing, family protection, and asset growth.
  • Liberity to enter and exit Singapore freely via Re-Entry Permit (REP).


*Are you looking for step-by-step assistance with Singapore immigration? Contact Y-Axis, the world’s No. 1 overseas immigration consultancy
 

For recent immigration updates, check out the Y-Axis News Page

 

FAQs

Why is Singapore planning to accept more foreigners as citizens now?

Singapore is facing a significant decline in its birth rate, which dropped to a historic low of 0.87 in 2025. This means the current generation is not producing enough children to sustain the population in the long run. Without intervention, the citizen population could begin shrinking by the early 2040s. Bringing in new citizens is the government's way of ensuring the country's workforce, economy, and social systems remain stable and sustainable for the decades ahead.

How many new citizens is Singapore planning to accept each year?

The government plans to grant citizenship to between 25,000 and 30,000 people annually over the next five years. In 2025, approximately 25,000 citizenships were granted. The exact number each year will be adjusted based on how demographic trends, including the fertility rate, evolve over time. This gives the policy enough flexibility to respond to changing conditions rather than following a fixed annual number.

How many PRs will Singapore grant annually going forward?

Singapore expects to grant around 40,000 Permanent Residencies each year over the next five years, up from the 35,000 granted in 2025. Permanent residency is the established pathway toward citizenship, so increasing PR numbers directly supports the government's longer-term goal of growing and sustaining the citizen population through managed immigration.

Who is eligible to apply for Singapore PR?

There are several eligibility routes. Spouses and unmarried children under 21 of Singapore Citizens or PRs can apply under the family scheme. Aged parents of Singapore Citizens are also eligible. Professionals holding an Employment Pass or S Pass can apply under the PTS scheme. Students who have passed at least one national examination and resided in Singapore for a qualifying period may also be eligible. Each category comes with its own documentation requirements and is assessed individually by ICA.

What does ICA look for when approving a PR application?

ICA takes a comprehensive approach rather than relying on a single criterion. Salary and employment stability carry significant weight, with most approved applicants earning at least SGD 4,000 per month. Educational qualifications, length of stay in Singapore, age, and active community involvement are also factored in. Younger applicants tend to have stronger profiles statistically, though a well-rounded application can be competitive at any age. The overall assessment is about genuine, long-term commitment to Singapore.

How long does a Singapore PR application take to process?

Most PR applications are processed within four to six months from the date of submission. More complex cases can take between nine to twelve months or longer. Ensuring all documents are complete, up to date, and properly translated before submission is the most effective way to avoid delays, as incomplete applications often result in ICA requesting additional information, which extends the timeline further.

What are the requirements to apply for Singapore citizenship after getting PR?

Applicants must have held PR status for a minimum of two years before applying for citizenship. ICA then evaluates the application based on consistent employment history, tax contributions, CPF contributions, and the depth of integration into Singapore society. Citizenship approval is entirely at ICA's discretion and there is no guaranteed outcome. A strong record of economic contribution and community involvement considerably strengthens an application.

Will Singapore's plan to increase citizenship numbers make it easier to get approved?

While more slots are being made available, the assessment standards remain the same. The increase is driven by demographic necessity, not a relaxation of criteria. With more people applying alongside the increased targets, competition remains real. ICA continues to look for applicants who demonstrate genuine commitment to Singapore through their professional contributions, family ties, and integration into the local community. A thorough, well-prepared application remains essential.

What happens to my PR status if I travel out of Singapore without a Re-Entry Permit?

From December 2025, if you leave Singapore without a valid Re-Entry Permit, you are given a 180-day period to apply for a new one or return under a single-entry pass. If the Re-Entry Permit application is unsuccessful within that period, PR status is permanently lost. It is strongly advisable to check the validity of your Re-Entry Permit well before any travel and to renew it at least three months before it expires to avoid any complications.

Will the government review the immigration intake plan again?

Yes. The government has clearly stated that this policy will be reviewed by 2030, taking into account changes in the fertility rate and broader demographic trends at that time. The current targets are not permanent commitments; they are calibrated responses to present conditions. Depending on how the population situation develops over the next few years, the intake numbers could be revised upward or downward accordingly.

Posted on April 10 2026

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Canada credential recognition target 2026-27 fast-track skilled workers
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Posted on April 09 2026

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Europe’s new entry rules for international travelers
Europe Travel Rules Changing From April 10: New Entry Requirements for Visitors Announced. Check Your Eligibility Now!

Highlights: Europe to Revise its Travel Rules for International Visitors Effective from April, 2026

  • Europe is set to revise its travel rules affecting entry requirements for international visitors.
  • European border control is all set for a digital transformation with the full rollout of the Entry/Exit System (EES) effective from April 10, 2026.
  • The new digital entry system will replace passport stamping with biometric data collection for non-EU travelers.
  • The fully digital Entry/Exit System (EES) will be implemented across all 29 countries to increase efficiency and security.
  • The EU has also introduced a Travel to Europe” mobile app in many countries to upload credentials and passport details  72 hours before flying.


*Want to apply for a visit visa? Let Y-Axis guide you with the process.
 

Europe Introduces Digital Entry-Exit System and New Travel Rules for International Visitors

Europe has updated its travel rules for international visitors, completely digitizing the entry/exit system (EES) across 29 countries.  The new travel requirements will be effective from April 10 to increase the efficiency and security of international travel across the Schengen areas.

The new digital EES system will replace passport stamping with biometric registration for non-EU travelers upon arrival.

The European Border Control Agency has introduced a biometric procedure for travelers with 90-day visas. The digital system is designed to capture instant biometric data, including facial images and fingerprints, along with passport details.

The digital EES process will apply to all non-EU and non-Schengen nationals, including travelers on short-term business or tourism visits.

The phased roll-out of the digital EES system has helped the country identify travelers with authentic travel permits.
 

How does the Digital Entry/Exit System (EES) work?

Here is how the new digital EES system is structured to verify information for foreigners visiting European nations:

  • No need to register in advance for data verification.
  • Data validation and biometric checks will be conducted upon arrival at European airports.
  • Self-service kiosks will be available for biometric passport holders.
  • Dedicated assistance for verification of credentials at staffed counters.
  • Children under 12 do not have to provide fingerprints, but photographs will be taken.
  • “Travel to Europe” mobile app to upload passport details and a facial image up to 72 hours before arrival.
  • Travelers refusing to provide biometric data will be denied entry across all EU nations.


Note: While European border control implements digital verification across most EU nations, Ireland and Cyprus will continue manual checks and are not part of the system.
 

Who is exempted from digital verification in Europe:

Individuals exempted from the biometrics EES system are as follows:

  • EU and Schengen citizens traveling across Europe.
  • Long-term visa or residence permit holders in Europe.
  • Transport crew members.
  • armed forces personnel
  • European cross-border residents.



Also, read...

Best Countries to Visit from March to June for a Perfect Family Holiday 
 

Benefits of digitalizing the Entry/Exit System in Europe  in 2026

The Entry/Exit System in Europe for foreign nationals is being fully digitalized to increase security and efficiency. Biometric data collection and passport verification will speed up entry across EU nations and enhance cross-border security.

The benefits of the digital EES process in Europe are as follows:

  • Stronger and more secure European borders.
  • Biometric checks improve traveler verification.
  • Accelerates entry procedures upon arrival.
  • Eliminates pre-registration procedures.
  • Improved traveler safety and monitoring.
  • Large-scale digital system across 29 European countries.


*Are you looking for step-by-step assistance with Schengen visa? Contact Y-Axis, the world’s No. 1 overseas immigration consultancy!


For recent immigration updates, check out the Y-Axis Schengen News Page!

 

FAQs

What are the new Europe travel rules starting April 10, 2026

From April 10, 2026, Europe will introduce a digital Entry Exit System EES for non EU travellers. This system replaces manual passport stamping with biometric data collection, including fingerprints and facial images. The new rules aim to improve border security and speed up entry procedures across 29 European countries. Travellers visiting for tourism or short business trips will be required to complete biometric verification at arrival.

Who needs to follow the new Europe Entry Exit System rules

The new digital entry rules apply to all non EU and non Schengen travellers visiting Europe for short stays. This includes tourists, business travellers, and short term visitors. However, EU citizens, long term visa holders, residence permit holders, transport crew, and cross border residents are exempt from the new biometric verification process.

What biometric data will be collected under the new Europe travel rules

Under the new Entry Exit System, travellers will need to provide fingerprints and facial photographs at European border points. Passport details will also be digitally recorded. This biometric information will help authorities verify identity, prevent fraud, and track travel duration within the Schengen zone more efficiently.

Do travellers need to register before visiting Europe

Travellers do not need to register in advance. Biometric verification will be completed upon arrival at European airports and border checkpoints. Travellers can also upload passport details and facial images using the Travel to Europe mobile app up to 72 hours before arrival to speed up processing.

Which countries will implement the new Europe Entry Exit System

The new Entry Exit System will be implemented across 29 European countries within the Schengen region. Ireland and Cyprus will continue using manual passport checks and are not part of the digital Entry Exit System rollout.

What happens if travellers refuse biometric verification

Travellers who refuse to provide biometric data such as fingerprints or facial images may be denied entry into participating European countries. The biometric verification process is mandatory under the new travel rules for non EU visitors entering Europe.

Will the new Europe travel rules make entry faster

The digital Entry Exit System is designed to speed up border checks by automating identity verification. Self service kiosks and digital processing will reduce manual inspections and improve efficiency over time, making entry smoother for international travellers.

Are children required to provide biometric data under the new rules

Children under 12 years of age will not be required to provide fingerprints. However, their photographs will still be captured as part of the biometric verification process during entry into European countries.

Why is Europe introducing the new digital Entry Exit System

Europe is introducing the digital Entry Exit System to enhance border security, reduce identity fraud, and improve travel monitoring. The system also helps track short stay durations more accurately and supports faster border crossings for international visitors.

How will the new Europe travel rules impact tourists

Tourists visiting Europe may need to spend a few extra minutes during their first biometric registration. However, the new digital system is expected to improve travel efficiency, enhance security, and make future entries quicker for repeat travellers.



Need help with your Europe visa? Contact Y-Axis.

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Posted on April 09 2026

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New Zealand’s funds transfer scheme for student visas
New Zealand Funds Transfer Scheme (2026) – Student Visa Proof of Funds Explained

Highlights: New Zealand Announces Funds Transfer Scheme to Aid International Students

  • New Zealand has announced a new Funds Transfer Scheme (FTS) to help international students manage lifestyle expenses in the country.
  • Students planning to study in New Zealand can transfer funds into a dedicated savings account before arrival, which will be released monthly to cover regular expenses.
  • The Funds Transfer Scheme requires a minimum of NZ$20,000 or NZ$17,000 annually to support daily expenses.
  • Immigration New Zealand manages the savings account and new funding system for international students in partnership with ANZ Bank New Zealand Limited.
  • Students can begin the fund transfer process after receiving their Approval in Principle (AIP) letter from INZ.


*Want to apply for a  New Zealand student visa? Let Y-Axis guide you with the process.
 

New Zealand to Offer Financial Support to International Students through Funds Transfer Scheme (FTS)

New Zealand has officially launched a new Funds Transfer Scheme (FTS) for international students migrating to the country. Under this new system, students can transfer funds to a dedicated ANZ Bank New Zealand Limited managed savings account before arrival. The collected funds can be withdrawn monthly upon immigration to cover lifestyle costs and daily expenses.

Immigration New Zealand (INZ) has set the minimum fund requirements as NZ $20,000 per year for tertiary education and NZ $17,000 for compulsory education. International students must secure an FTS as proof of sufficient funds for sustenance when applying for a New Zealand student visa.

To apply for a study visa in New Zealand, candidates must be at least 13 years old and transfer the required minimum maintenance funds for one year of study. The new scheme provides funds to international students in New Zealand to support living expenses, but does not cover tuition fees.
 


Also, read...

New Zealand introduces pathway visa for smoother student entry. Apply now!
 

How to apply for the FTS System in New Zealand?

The steps to apply for New Zealand’s Fund Transfer Scheme are as follows:

Step 1: Wait until you receive an Approval in Principle (AIP) letter from INZ.

Step 2: Complete the online application with  ANZ Bank New Zealand Limited for setting up the savings account

Step 3: Contact the bank to verify the documents necessary for opening an FTS account.

Step 4: Once a savings account is created, transfer the amount (NZ$20,000 or NZ$17,000)into the FTS savings account and inform the bank.

Step 5: The bank then confirms receipt of funds to INZ (necessary for student visa application).

Step 6: Upon arriving in New Zealand, activate the FTS account in person.

Step 7: Wait for funds to be transferred to your everyday account monthly to cover lifestyle expenses.
 


Also, read...

New Zealand launches Short-Term Graduate Work Visa and expands post-study work options. Apply Now!
 

How to Access, Manage, Withdraw, and Request a Refund Under the FTS Scheme?

The Funds Transfer Scheme for international students in New Zealand sets the following limits for accessing the funds:

  • The monthly transfer amount from the FTS savings account to the students' everyday account remains fixed.
  • INZ has set the limit at a deposit of NZ $20,000, which allows a maximum monthly transfer of NZD 1,666, while NZ $17,000 allows up to NZD 1,416 per month.
  • Access to additional funds is restricted and may be granted only in specific cases, such as financial hardship, subject to approval.
  • Students can open other independent savings accounts in New Zealand alongside their FTS accounts.
  • Upon rejection of a student visa, students can request a refund.
  • Upon discontinuation of studies, students can withdraw the remaining balance.


Note: New Zealand's Fund Transfer Scheme reflects the country's intention to provide overseas students with access to structured funds while in New Zealand.
 

*Are you looking for step-by-step assistance with overseas immigration? Contact Y-Axis, the world’s No. 1 overseas immigration consultancy
 

For recent immigration updates, check out the Y-Axis News Page

 

FAQs

What is New Zealand’s Funds Transfer Scheme for student visa applicants?

New Zealand’s Funds Transfer Scheme is a financial arrangement that helps international students show proof of funds for living expenses. Students transfer required funds into a designated account before visa approval. After arriving in New Zealand, the funds are released in monthly instalments to support daily expenses during their study period. This system ensures students have stable financial support while studying.

Who is required to use the New Zealand Funds Transfer Scheme?

Immigration New Zealand may require certain student visa applicants to use the Funds Transfer Scheme. This typically applies to students from selected countries, including India. Applicants are informed through an approval in principle letter if they must use the scheme. This process helps authorities confirm that students have genuine and accessible funds.

How does the funds transfer scheme work for student visa applicants?

Students first receive an approval in principle for their visa. They then open a designated savings account and transfer the required funds. After verification, the visa is issued. Once students arrive in New Zealand, the funds are transferred monthly into their personal bank account to cover living expenses.

How much money is required under the Funds Transfer Scheme?

Students are generally required to transfer funds for one year of living expenses. The amount is usually around NZD 20,000 per year for higher education students. These funds are released monthly after arrival to ensure consistent financial support throughout the study period.

Can students withdraw funds freely under the scheme?

Students typically receive funds in monthly instalments rather than full withdrawals. This helps manage expenses throughout the academic year. In special situations such as emergencies, students may request additional withdrawals with approval.

Does the fund transfer scheme cover tuition fees?

No, the Funds Transfer Scheme only covers living expenses such as accommodation, food and transportation. Tuition fees must be paid separately to the education provider. Students may need to show proof of tuition payment during the visa process.

What happens if a student visa is refused?

If a visa application is rejected, students can request a refund of the transferred funds. After submitting the necessary documents, the funds are returned and the account is closed. This reduces financial risk for applicants.

Can students access remaining funds after completing studies?

Yes, students can withdraw any remaining funds after finishing their course or switching to another visa. Once the remaining balance is transferred, the account is closed.

Who manages the Funds Transfer Scheme in New Zealand?

The Funds Transfer Scheme is managed by Immigration New Zealand in partnership with ANZ Bank New Zealand Limited. The bank holds and distributes the funds while immigration authorities oversee compliance with visa requirements.

What are the benefits of the Funds Transfer Scheme for international students?

The scheme provides secure fund management and reduces documentation requirements. It also ensures students receive regular financial support and helps them manage expenses responsibly. This makes the student visa process more structured and reliable.

Posted on April 08 2026

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