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Thread: Money in your Bank Account

  1. #1
    hammed123 is offline Junior Member
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    Default Money in your Bank Account

    Hi:

    I would like to ask about how much money should I have in my bank account so NZIS can issue PR for me? Is there any limit? And if there is, How much?

  2. #2
    Taffy's Avatar
    Taffy is offline He who shall be ignored
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    Hi, money in your account isnt part of the PR process. You might personally want money to set up and live for a few months though!
    Taffy

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  3. #3
    hammed123 is offline Junior Member
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    Default Money in your Bank Account

    Thanks Taffy

    So they will not ask for Bank statement or anything like that? Or any specific amount of money in my account to get PR under SMC,Right?

  4. #4
    Taffy's Avatar
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    No, many people dont have any money in their accounts when they apply for PR, some only get money when they sell their homes, others only have enough to make it over and keep them going before starting work.
    Taffy

    The greatest mistake you can make in life is to be continually fearing you will make one.

  5. #5
    anton.pienaar is offline Junior Member
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    Default Money in account

    At no point was I asked to display funds?

  6. #6
    MotherBear's Avatar
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    Hi Anton and welcome.

    Can I ask, is that a question or a statement?
    Mother Bear

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  7. #7
    gurumr is offline Junior Member
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    Yes as Taffy Said money is not part of PR Process .
    But instead of PR if they issue WTR then you need show funds for 3 months of stay and Return Flight Ticket .

  8. #8
    MotherBear's Avatar
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    Quote Originally Posted by gurumr View Post
    Yes as Taffy Said money is not part of PR Process .
    But instead of PR if they issue WTR then you need show funds for 3 months of stay and Return Flight Ticket .
    Not necessarily a ticket but...

    A work to residence visa or permit

    If you have been offered a work to residence visa or permit instead of a residence visa or permit, there are certain things you have to do.

    * Within three months of the offer, you must return your application form for the work to residence visa or permit.
    * During the visa or permit application, you must show us that you are able to support yourself and your family for at least the first three months in New Zealand. This means NZ$1000 per person for each month, or NZ$400 per person each month if your accommodation has been paid for.
    * You will also have to show that you have the money available to purchase tickets to your home country for you and your family should you have to leave New Zealand.
    Mother Bear

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