Canada remains a top destination for international students seeking a high-quality education and exciting life experience. However, recent changes to immigration policies have made it slightly more challenging to secure a study permit and navigate life as a student in Canada. Here at VisaCraft, a leading visa consultant and provider, we understand how important clear and up-to-date information is for your study abroad journey. Let’s break down the recent changes and explore how they might impact you.
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Increased Cost-of-Living Requirement
Effective January 1, 2024, Canada has doubled the minimum proof of financial support required for study permit applicants. This means you’ll need to demonstrate access to $20,635 CAD to cover your living expenses during your studies. This adjustment aims to ensure international students have sufficient financial resources to support themselves throughout their stay.
Temporary Extension for Off-Campus Work
Here’s some good news! The exemption from the 20-hour-per-week limit on off-campus work for international students has been extended until April 30, 2024. This applies to:
- Students already in Canada with valid study permits.
- Students who applied for a study permit before December 7, 2023 (even if the application hasn’t been processed yet).
This temporary extension allows you to work more than 20 hours off-campus during your studies, potentially helping with living expenses. However, remember that this is a temporary measure, and the 20-hour limit will be reinstated after April 30, 2024.
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Changes to Post-Graduation Work Permits (PGWPs)
The temporary policy offering an additional 18 months to expiring PGWPs will not be extended beyond December 31, 2023. This means students graduating after this date won’t be eligible for this specific extension.
Why These Changes?
The Canadian government has implemented these changes to address several concerns:
- Rising Housing Costs: The influx of international students has contributed to the housing crisis in some Canadian cities. The increased cost-of-living requirement is intended to ensure students can afford accommodation without putting undue strain on the housing market.
- Post-Graduation Financial Challenges: The government aims to encourage students to choose programs that align with Canada’s labor market needs and improve their chances of securing post-graduation employment.
What Does This Mean for You?
If you’re planning to study in Canada after April 30, 2024, you’ll need to consider the increased cost-of-living requirement and the reinstated 20-hour work limit when budgeting for your studies. Don’t let this discourage you! Canada still offers a world-class education system and a welcoming environment for international students. Here are some tips to help you navigate the new landscape:
- Plan Your Finances Carefully: Start saving early and create a realistic budget that factors in the increased cost of living and your anticipated living expenses.
- Explore Scholarships and Bursaries: Many universities and organizations offer financial aid to international students. Research scholarship opportunities to help offset your study costs.
- Consider On-Campus Work Options: Look for on-campus jobs offered by your university. These can provide valuable income and experience while adhering to the work hour restrictions.
- Seek Professional Guidance: VisaCraft’s experienced immigration advisors can help you understand the latest regulations, navigate the study permit application process, and explore your options for financing your studies.
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VisaCraft: Your Trusted Partner for Canadian Education
At VisaCraft, we are committed to helping you achieve your dream of studying in Canada. Our team of experts can guide you through the visa application process, ensuring you meet all updated requirements and have a successful transition to your studies. Here’s how we can support you:
- Comprehensive Visa Application Support: We’ll handle all aspects of your study permit application, maximizing your chances of approval.
- Financial Planning Guidance: We can help you assess your financial needs and explore options for managing your study expenses.
- Post-Graduation Work Permit Assistance: We’ll guide you through the process of applying for a PGWP so you can gain valuable work experience after graduation.
- Stay Informed: We’ll keep you updated on the latest changes to Canadian immigration policies and their impact on international students.
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Don’t let these recent changes deter you from pursuing your educational goals in Canada! Contact VisaCraft today for a free consultation. Let’s work together to turn your Canadian study dream into reality!
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