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New Requirements for International Students in Canada

By Casey December 12, 2023 2 min. read

On December 7, 2023, Canada’s immigration minister Marc Miller, unveiled new restrictions for international students wishing to study in Canada.

Starting next year, prospective overseas students will be required to show they have access to $20,635 instead of the $10,000 minimum that has been in place for two decades, in addition to paying for travel and tuition, according to Marc Miller.

The amount will be modified annually depending on the benchmark for living costs established by Statistics Canada.

Miller also revealed that the federal Liberals will prolong an exemption that allows current international students who do not have a work visa to work more than 20 hours per week off campus.

Will This Affect Current International Students in Canada?

The new minimum financial requirements only apply to new study permit applications received on or after Jan. 1, 2024. 

What Do the Extra Hours Mean for Eligible International Students In Canada?

While IRCC’s decision does not make the policy permanent, as many international students had hoped, it will still be beneficial to many international students across Canada. This is because being able to work more hours permits overseas students to be less burdened by financial concerns.

Eligibility for IRCC’s New Work Hours Policy

Only select overseas students are eligible to work above the regular off-campus job restriction. To be specific, a foreign student who works more than 20 hours a week must:

*Students who applied for a study visa on October 7, 2018, the day IRCC first announced this temporary policy in 2022, have also benefited from the elimination of the ban on off-campus job hours.

Are You Interested in Becoming an International Student in Canada?

If so, Contact VisaPlace today. All our cases are handled by competent and experienced immigration professionals who are affiliated with VisaPlace. These professionals consist of lawyers, licensed paralegals, and consultants who work for VisaPlace, an award-winning immigration firm that adheres to the highest standards of client service.

Ready for the next step? Book your 1 on 1 consultation now or call us at 1-877-296-0874.

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