Minimum account balance for New Zealand visa

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We are visiting New Zealand for our honeymoon in March-April. As per visa regulations, we must have 1,000 NZD in our account. The minimum visa duration is 3 months. So, should each of us have 1,000 NZD in our account or 3,000 NZD?



Best Answer

According to Immigration NZ, you are each expected to have access to at least NZ$1000 per month of your actual stay, or NZ$400 in the case of prepaid accommodation.

As you are staying for 15 days and this is half of a month, you will each need to have half of this amount.

Remember that this is additional to the funds required for any further travel if you have not yet purchased the exit ticket, and will barely cover the minimum needs of a traveller (i.e. food).

Therefore, you together will need a minimum total of NZ$1000 (or NZ$400 with prepaid accomodation) and should plan to have more where possible, especially if you will spend some of this money on entertainment or for other travel purposes.




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How much bank balance is required for New Zealand visa?

Proof of funds required to sustain in New Zealand, viz. NZD1000 per month overall, or NZD400 per month if the accommodation is already paid for. If a resident is supporting you then the Sponsorship Form is for Temporary Entry.

How much money must you have to immigrate to New Zealand?

To apply for residence in New Zealand through investment you should assess yourself under our Migrant Investment Policy, which includes two Investor categories: Investor 1 (minimum investment NZ$10 million for at least three years) and. Investor 2 (minimum investment NZ$3 million for at least four years).

How much should I have in my account to apply for visa?

You must submit 6 months of bank statements that clearly show your monthly salary and financial commitments. There must not be any large deposits of cash other than your salary. Total savings must be at least twice your proposed UK trip expenses.

How much funds are required for New Zealand student visa?

You need NZD $15,000 to pay your living costs for each year of study. If you apply after 31 July 2022, you will need NZD $20,000, or $17,000 per year if you are studying in compulsory education. This is the minimum amount you need to transfer to your FTS account. Living costs do not include your course or tuition fees.



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