'No More N8m': Japa Gets Tougher as Canada Raises Proof of Funds for Nigerians, Details Emerge

• Canada appears determined to tighten regulations around international students programmes
• Legit.ng reports that Marc Miller, Canadian minister of immigration, refugees, and citizenship, announced a significant hike in financial requirements for study permit applicants
• Going by the latest announcement, Canada has doubled the financial criteria for prospective Nigerians and other foreign students

Legit.ng journalist Ridwan Adeola Yusuf has over 9-year-experience covering public journalism

Ottawa, Canada - Canadian authorities have raised the proof of funds for Nigerians and other international students from ₦8,025,000.00 ($10,000) to ₦16,050,000.0000 ($20,000).

Legit.ng reports that for close to two decades, study permit applicants for foreign students have remained at $10,000.

As reported by Vanguard newspaper on Friday, December 8, Marc Miller, Canadian minister of immigration, refugees, and citizenship, made this announcement in a statement on Thursday, December 7.

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“No more $10,000:” Canada announces changes to Proof of Funds for Nigerians, others

Miller stated that the new requirement will take effect from January 1, 2024, PIE News also reported.

The statement by Canadian authorities partly reads:

“Starting January 1, 2024, the cost-of-living financial requirement for study permit applicants will be raised so that international students are financially prepared for life in Canada.

"For 2024, a single applicant will need to show they have $20,635, representing 75% of LICO, in addition to their first year of tuition and travel costs.

“This change will apply to new study permit applications received on or after January 1, 2024."

The statement added:

"This review, which takes effect from January 1, will help prevent student vulnerability and exploitation."

“Don’t migrate to Canada illegally”: FG

Earlier, Legit.ng reported that the federal government of Nigeria cautioned its citizens against migrating to Canada illegally.

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Outrage as Ambrose Alli University medical students asked to sign undertaking

The chairman/CEO, of Nigerians in Diaspora Commission, (NiDCOM) Hon. Abike Dabiri-Erewa, warned Nigerians against traveling abroad without proper documentation.

Migration to Canada: Must-have documents

Legit.ng also spotlighted six important documents for people willing to migrate to have.

When moving to Canada as a new permanent resident, one of the essential immigration requirements is proof of settlement funds.

Canada releases new policy

In another related article, Legit.ng reported that Canada unveiled a new policy that will expedite immigrants bringing family over.

Sean Fraser, Minister of Immigration, Refugees and Citizenship, announced the new policy.

According to Fraser, family members from visa-required countries who have submitted family class permanent residency (PR) applications can apply for Temporary Resident Visas (TRV) to join their sponsor in Canada.

Source: Legit.ng