Canada announces new visa requirements
Canada announces new visa requirements; raises proof of funds from $10,000 to $20,000
The Canadian government has announced that the “cost-of-living financial requirement for study permit applicants” for international students will increase from $10,000 to $20,000, starting from January 1, 2024.
Marc Miller, Canadian Minister of Immigration, Refugees and Citizenship, made this announcement in a statement on Thursday, December 7.
“Starting January 1, 2024, the cost-of-living financial requirement for study permit applicants will be raised so that international students are financially prepared for life in Canada.
“For 2024, a single applicant will need to show they have $20,635, representing 75% of LICO, in addition to their first year of tuition and travel costs. This change will apply to new study permit applications received on or after January 1, 2024,” the statement reads in part.
READ ALSO:
For almost 20 years, study permit applicants for international students have remained at $10,000.
This review, which takes effect from January 1, “will help prevent student vulnerability and exploitation,” the statement added.
The news comes after the UK introduced a new set of rules that would make it more difficult for Nigerians and others to obtain a visa.
Home Secretary James Cleverly announced the changes in the House of Commons on Monday.
The government said it would now set a minimum annual salary for foreign workers to be eligible for a skilled worker visa at £38,700 from £26,200. The figure itself is more than the existing median average salary of a full-time worker in Britain.
NAFDAC Busts Illegal Herbal Factory in Lagos, Arrests Manager Over Fake Registration Number LAGOS —…
NELFUND Warns Schools: Student Loans Are Voluntary, Not Compulsory The Nigerian Education Loan Fund (NELFUND)…
Third Mainland Bridge Crash: 10 Injured as LASEMA Averts Train Collision in Lagos LAGOS —…
Ebola Scare: NSCIA Directs Imams to Intensify Awareness in Friday Sermons The Nigerian Supreme Council…
UNILORIN VC to graduates: Let this investment count ILORIN — The Vice-Chancellor of the…
Jailbreak Saga: Guard Bagged 2.5 Years for Helping 10 Inmates Escape Through Toilet Hole …