Special account for New Zealand immigrants

To apply for a New Zealand undergraduate course, you need to provide a certain deposit. What are the forms of study abroad deposit? New Zealand undergraduate study abroad deposit form

How to reflect the deposit? Property cannot be used as a deposit. Deposits can only be deposited in the bank in the form of cash, which can be current or fixed. And stocks, real estate, wealth management, etc. It can only be used as a deposit after liquidation or as an auxiliary guarantee. The deposit can be in the name of the student or guarantor.

New Zealand undergraduate study abroad deposit period

1. No need to explain the source of funds if the deposit exceeds 6 months.

2. If the deposit is less than 6 months, you need to explain the source: for example, after the house is sold, the money is transferred to the deposit; Or after the stock is sold, it is transferred to the margin; Or what wealth management products you bought before, now transfer them out, and so on. As long as you can explain the source of funds, you don't have to deposit it for six months. It is undoubtedly good news for parents with strong investment and financial management concepts.

3. If your deposit has not reached six months, and you can't explain the source of funds, then I suggest you apply for a special account for New Zealand students, which can also be used as a deposit. However, special funds can only be used as expenses for studying abroad and cannot be used for other purposes.

4. New Zealand applicants: It is relatively easy to apply for universities in New Zealand. Applicants only need to provide proof of tuition and living expenses of NZD 654.38+NZD 5,000. For example, for classmate B, the tuition fee is NZ $20,000, the living expenses are NZ $65,438+NZ $5,000, and a * * * needs a deposit of NZ $35,000 (about RMB175,000).

New Zealand Special Account for International Students

1. According to the new policy, the capital requirement of the special account for international students is10.5 million New Zealand dollars per year. Of course, if you think 15000 is not enough, you can also choose to put more money in this account.

2. If the student has been studying in New Zealand for more than one year, it is not necessary to transfer all the living expenses during the study period to the special account for international students. Because the custody period of the special account for international students under the New Deal is only one year, the living expenses after one year can be remitted normally.

3. Although students only need to provide at least NZ $65,438+05,000 in fund remittance each year when handling the special account for international students, the Immigration Bureau will still check their financial ability according to their study plan to ensure that students have stable and sufficient living expenses during their study. In other words, in addition to the special account for international students, the Immigration Bureau will also check other financial materials.