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Are you gearing up for your first Schengen visa application or considering reapplying after a previous refusal? Here’s you need to know about Schengen Visa Application? Whether you’re a first-timer or have encountered hurdles in the past, seeking professional guidance can significantly enhance your chances of success. #Schengenvisa #Schengen #Visaapplication #travelagency #flydestinations #Schengenvisaapplication

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Are you planning on relocating to Canada? Learn about each of the provinces and which is best for you. #canadarelocation #provinces #nigeriarelocation #canada

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As you may already know, there have been updates to the Canada temporary residence application policies for students that have stiffened not just the requirements for an approval but also the rate of approvals, which has now become about 35% lower. One of the essential requirements for obtaining a study permit is demonstrating financial sufficiency, which has now become a 100% higher than the previous required amount. An effective way to establish financial eligibility is by opening a Canada Study GIC (Guaranteed Investment Certificate) account. A Canada Study GIC account is specifically designed for international students like yourself. It serves as proof that you have sufficient funds to cover your living expenses while studying in Canada. By opening this account with your admission letter, you can significantly enhance the strength of your application. In the link below, we have carefully explained what a GIC account is, the pros and cons of a GIC account and how to get a GIC account for your Canada Study Application. It is highly advisable to open an account to present for your study permit and before you travel to Canada. Thankfully, Flydestinations can help you with that but before then, you need to understand what a GIC account is. What is a GIC Account for International Students? A Guaranteed Investment Certificate (GIC) account for international students, often referred to as a Canada Study GIC, is a financial product specifically designed to assist international students studying in Canada in meeting the financial requirements for their study permit application. Here's how it typically works: Purpose: The primary purpose of a Canada Study GIC is to demonstrate to Canadian immigration authorities that international students have access to sufficient funds to cover their living expenses while studying in Canada. Requirement: Many Canadian universities and colleges require international students to open a GIC account as part of their study permit application process. It serves as evidence of financial preparedness. Deposit Amount: To open a Canada Study GIC account, students must deposit a specific amount of money, typically ranging from CAD $26,000 upwards, depending on the institution and the length of the study program. Lock-in Period: The funds deposited in a Canada Study GIC are typically locked in for a specified period, usually until the student arrives in Canada and begins their studies. This ensures that the funds are available to cover living expenses during the initial phase of their stay. Release of Funds: Once the lock-in period expires and the student arrives in Canada, the funds, along with any accrued interest, are released to the student in installments over a predetermined period, usually 10 to 12 months, to assist with living expenses. Continue reading at the link below to find out how you can get a GIC account from Nigeria for your Canada Study Permit. https://lnkd.in/dJdwYYKD #canadastudypermit