Canada Increases GIC Requirement for Student Visas to $20,635 Due to Rising Cost of Living
In a move to address the increasing cost of living for international students in Canada, the Canadian government has recently adjusted the requirements for the Guaranteed Investment Certificate (GIC) associated with student visas for applicants submitting their study permit applications from January 1, 2024. The GIC program, which previously mandated a deposit of $10,000 CAD,…
