On December 7, Canadian time, Canadian Immigration Minister Marc Miller announced that starting January 1, 2024, the financial requirements for living expenses for Xi permit applicants will be increased to ensure that international students receive better financial support for their lives in Canada!
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At the same time, the Department of Immigration has introduced four new measures, involving visa application, online classes, study visas, and the extension of the post-graduation work permit policy, which will have a greater impact on studying in Canada after promulgation.
These measures are Canada**, in order to protect international students who can receive adequate support and protection after arriving in Canada!Next, let's take a look at the detailed changes in this policy change!
Raise the threshold for proof of funds requirements
Starting January 1, 2024, the financial requirement for Xi permit applicants will be increased from the current $10,000 to $20,635 CAD, in addition to tuition and travel expenses for the first year, so that international students can be financially prepared for life in Canada.
This is what we often call a security deposit, which is the proof of funds we need to provide when applying for a visa.
Going forward, this threshold will be adjusted annually when Statistics Canada updates the Low Income Cutoff Point (LICOs).
Since the beginning of 2000, the requirement for living expenses for applicants applying for a university Xi permit has not changed, and the requirement is $10,000. However, over time, the $10,000 living cost requirement has not kept up with the current cost of living, resulting in students arriving in Canada only to find out that their funds are not enough.
Canada has always been a very popular study abroad country for international students!And Canada** has always been worried that problems in the past will put international students at a disadvantage.
The New Deal was also issued to prepare international students financially for life in Canada. With a stronger economic foundation, international students can receive all-round protection and support in the early stages of their Xi after arriving in Canada!
Extend the working hours of international students
The waiver of the 20-hour per week limit for international students allowed to work off-campus during the school day will be extended until April 30, 2024.
International students who are already in Canada, and applicants who submitted their application for Xi permission before December 7, 2023, are eligible for this extension.
"We will continue to study options for this policy in the future, such as extending the off-campus working hours of international students to 30 hours per week," the Canadian side said. ”
This temporary policy adjustment in Canada is not only to provide more financial support for international students, but also to give them more opportunities to gain more practical work experience during their studies.
**The duration of the study Xi will be counted towards the post-graduation work permit
International students continue to be allowed to count online Xi time toward their future post-graduation work permit program (PGWP).
Online Xi time cannot exceed 50% of the total course, and this rule applies to international students who start Xi before September 1, 2024.
And this measure will no longer be implemented in September 2024.
Although at this stage, the vast majority Xi of international students are studying offline in Canada, this change provides more flexible post-graduation work permit conditions for those who have experienced the Xi of study.
There will be no special extensions for the post-graduation work permit
In response to the pandemic, Canada has extended its post-graduation work permit three times to provide an additional 18-month work permit to those whose post-graduation work permit is about to expire.
Now, foreign nationals whose post-graduation work permit is valid until 31 December 2023 are still eligible to apply for an extension, but there will be no extension after that date.
This policy is introduced in Canada to provide graduates with more flexible job search opportunities to help them better adapt to changes in the Canadian labor market.
Especially for expiring post-graduation work permit holders, it is important to carefully understand this policy change and plan ahead.