Proof of finances

Proof of finance

By applying for an entrance visa or a residence permit in Germany or by its extension you have to proof your finance.
With this, you can prove you have enough money to finance your stay in Germany - for at least one year - and do not have to make use of the German social welfare system due to financial problems.

Non-EU-citizens

You must prove that you have the financial means equivalent to the maximum amount of BAföG available. This amount is currently €720 per month, €8,640 per year.

You can prove that you have sufficient financial resources by:

  • paying the sum of money to a blocked account in Germany
  • recognized scholarships that are funded through German resources in particular
  • providing a deposit from someone living in Germany who guarantees the Foreigners' Office that they will finance your stay
  • providing a bank guarantee from a bank institute in Germany
  • if accepted, presenting a proof of your parents' income in the home country

Please contact the relevant offices to gain information on your individual case in time:


EU-citizens

Students from EU countries do not have to provide proof of sufficient financial resources, but have to show their finance credibly to the Citizens' Advice Bureau.

Please note: regulations for students from new EU countries may be different.


Contact

Theodoros Markakidis



Joana Dewender