🎅🦌 Year In Review & Happy Holidays 2022-2023!

Dear All,

It is time to say…

Happy Holidays in advance!

Wishing you health, wealth, and happiness in the New Year ahead but first…

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Let’s talk about 2022 results. How was it for you?

I started my business in July 2019 officially. What happened since then apart from sleepless work nights for students’ inquiries and content generation?

Here are the facts:

• 40 Students of mine are already in Germany, Netherlands and Italy

  • Every student is actively studying or working or both!

• I work with 27 new study abroad students and their parents to bring them to Europe!

It means that I individually helped ~70 students to make their dreams come true since I started my business!

What can be better? This is what makes me happy and gives me the motivation to continue. I hope my YouTube Videos and Blog Articles are useful for the other dozens or hundreds of students and I look forward to working with more international students to help them move and study abroad!

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I thank all my university partners, students, their parents and friends for the support in my business! I see you in 2023!!! Regardless of which holiday you celebrate (if you celebrate at all), I hope you have an incredible holiday!

Feliz Navidad, Merry Christmas, Happy Hanukkah, Joyous Kwanzaa and Happy Holidays!

Study In Germany 2022 Roadshow Results: Meeting My Students In Munich And Berlin

Hello Fellow Visitor! Thank you for being with me here today!

In this article we will cover the Student Meetings of the Study Abroad Germany Roadshow THE STUDY ABROAD GERMANY AND SWITZERLAND ROADSHOW announced earlier - talk about my students, who are already living, studying, and working in Germany and I will share with you a few business updates.

Let’s Start!

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Company & Life Updates

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1. My Website celebrated 3 year anniversary recently

2. I survived COVID19 myself and together with my Study Abroad business!

3. I left Microsoft and Ireland after 18 months to do the 2nd World Trip for 1 or 2 years and focus on this study abroad business in my free time

4. 33 of my students are already in Germany: studying and working! Read their success stories here.

5. I am working with 10 new students. Mostly from the USA, South Africa, Peru, Saudi Arabia, Pakistan and India. Do you want to be one of my students? Free consultations are available and you should not wait to start here. You can start your studies in Germany in English August Through November as well as January through April.

6. More new videos will be coming back to YouTube soon. You can check all the previous videos about life & studies in Germany here by subscribing to my YouTube channel because you do not want to miss out. Do you?

7. All Universities I work with and whom (the majority) I visited in person can be found here under the link Partner Institutions. If you would like me to visit a particular school and record a video for you, contact me over Instagram and I will be happy to do so.

8. I am working on changing my Instagram Strategy to REELS. If you do not follow me in Instagram yet, here is your chance!

9. For you to see daily life in Germany. If you would be interested to learn about particular topics connected to life in Germany or studying in Germany, make sure to comment on my Facebook or, LinkedIn. Your voice will always be heard 😊

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Student Meetings

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Munich:

Arti

Key

Key Raisa Alina

Evan

Vaibhavi

Pranav

Polina

• Pranav is finishing his MBA studies at Munich Business School.

  • I am very proud of him, as he already knows what he wants to do in terms of the German language and future career focus, he made many new travels and is travelling around Europe.

• Arti, who has finished her MBA studies with Munich Business School.

  • A very successful lady working in Munich already. The world is her oyster and she will definitely achieve heights!

• Polina recently finished her Finance Master’s degree at ISM Hochschule München.

  • Not only did she graduate, but she also found a job already. She notified me, that her main focus now is to be fluent in the German language and she signed up for the intensive course. Making me proud!

• Alina is completing her Bachelor's studies at New European College.

  • She has already landed an internship with Solar Industry in Bavaria and is making great progress with her German language and I constantly see her travelling across Europe on the weekends.

• Key & Raisa are finishing their Master of Finance Degrees at ISM Hochschule in München, travelling and making baby steps at employability. Let’s wish them success in their journey!

Berlin:

• Vaibhavi joined SRH Hochschule MBA Healthcare program

  • … and she already landed both internship and a job in the summer. She already knows what her Thesis topic is and she is making great long-term plans. Very proud of you!

Boston, the USA:

• Evan will be starting his M.Sc. Finance program at HHL Leipzig This Fall! We met in the States to discuss his future study in Germany goals, plans and dreams and I am sure he will have a very good time there.

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Here are the bonus photos for your reference ;-)

Vaibhavi (SRH Hochschule Berlin)

Polina (ISM Hochschule München) & Alina (New European College)

Pranav (Munich Business School)

Stay tuned and thank you for reading this, following me and supporting me. This all would not be possible without your help!

Related Articles:

1. 14 Takeaways From My Study Abroad Experience In Germany

2. 12 Business Books That Inspired Me (Part 1)

3. 12 Business Books That Inspired Me (Part 2)

4. Yana Immis - About Me

Study Abroad - Partner Institutions

University placement service to Study Abroad - Foundation, Bachelor, Master, MBA, Studienkolleg - choose what you want to study and where and apply here.

URGENT: This Is What Blocked Account In Germany Will Amount To From 2022!

First and foremost, what is a Blocked Account? A mandatory account in the German bank, which you cannot open the German visa for studying without!

ATTENTION: as of 1st of September 2022, you need to apply for a visa with a higher sum.⁠ Make sure to check 💯if it impacts you.

• Read more about the best bank for the Blocked Account here.

• How to dodge the Blocked Account overall you can find here.

• Coracle - the best Blocked Account provider

New Blocked Account Regulation

As of 1st of September 2022, the German government has announced, that all foreign students considering moving to Germany for studies must have in mind an increased blocked account Balance. 11,172 Euro must be deposited to a blocked account in order to get the student visa.

Drawback: Initial financing required is extended (to keep in mind that 1st-year expenses are much higher than the next years, because of the university deposit, tuition fees as well as the accommodation deposit payments). Generally, when consulting students, I advice you schedule your expenses the following way:

• Year 1: 30000 Euro for everything absolutely plus maintaining good social living standard

• Year 2: 20000 Euro considering you would be doing internship and summer jobs for 90 days

• Year 3: 10000 Euro considering you will be working or switching to part-time job already

Benefit: Monthly withdrawal capacity increases, which helps students to support their living expenses from one month to another.

The German authorities increase the amount required for a blocked bank account time after time in order to adjust it to the needs of students and living costs in Germany.

New Yearly Budget	11,172 Euro
New Monthly Withdrawal	931 Euro

Old Yearly Budget	10,236 Euro
Old Monthly Withdrawal	861 Euro

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Students who applied for visa before 01.09.2022 or those who are already in Germany

The change is only applicable to later applications, however, to be on a safe side, since German embassies across the globe have already started requesting the updated amount, be cautious.

Solution: either add extra sum on your blocked account and request a confirmation; or put more money on your account for visa extension once you have arrived in Germany (prior to visa extension).

Students who apply for visa after 01.09.2022

Attention! Do not disregard this news putting yourself at risk!

Students with the old blocked sum may have:

1. Visa delay due to a request to resubmit the account confirmation

2. Visa denial

All these visa applications must have an increased blocked account balance confirmation.

Solution: transfer the difference between the new and the old blocked account sum (11172 – 10236 = 936 Euro) to your account and request an additional confirmation from a selected bank. Make sure to take a confirmation email or document with you to the appointment.

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This information is not relevant to you but you know someone who would find it helpful?

Make sure to share this article with them.

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Blocked Account Basics

A blocked account (Sperrkonto) is a unique type of a bank account designed for international students, who are required to provide proof of financial stability when applying for the visa. The German government wants to see a certain amount of money on your account to make sure you have sufficient means to live in Germany in circumstances you cannot influence. As an example, your sponsor (unless you pay for studies yourself) is no longer able to pay for your studies, living expenses, and accommodation.

German embassy can accept other proof of financial support, however, there is no guarantee it will be accepted for the visa procedure. It is highly recommended that you go for the blocked account as well. The more documents proving financial solvency you can present, the higher your chances of risk-free visa attainment become.

Things to keep in mind:

• It is highly recommended starting the blocked account procedure at least 2 weeks (1 month) prior to your visa appointment date. The blocked account doesn’t require you to have an unconditional (final) offer letter and the opening/money transferring procedure can be done with a conditional (provisional) offer letter.

• The blocked account may only be opened with a ‘Zweck’ (a reason). In your case, the reason is ‘Study Purposes’. This account can only be opened once you have been accepted to one of the German educational establishments.

• You do not lose this sum and it is safely kept with the bank until your arrival. You will be granted access to withdraw a monthly allowance after the registration at the local residence authority in Germany.

• The blocked account may only be closed if the beneficiary can no longer fulfill the reason for the blocked account opening (studies), in this case, it means a denial after conditional offer or denial in the visa. The blocked account may only be closed with the written confirmation from the authorities (University or the German embassy respectively).

• Important: every time you apply for visa extension in Germany, the Immigration Office has a right to demand a confirmation you have a full amount securely saved on your account. It means, that you need to maintain this balance at any point of time and the funds must always be available. You do not have to withdraw monthly sums, but you have a right to do so.

• Should you wish to extend your monthly withdrawal limit, it is possible, under certain circumstances (up to 1300 Euro per month). You need to consult your bank and ask for the permission with the confirmation that you are obliged to withdraw more than the limit (i.e. rent). The bank will decide if you would be granted a permission.

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Still unsure which blocked account option to choose? Choose Coracle! (The best option for international students in 2020-2024)

Still having a lot of questions or doubts about the topic? Click on the button below to learn more about:

• Blocked Account Exceptions

• Blocked Account Options

• Blocked Account Documents & Deadlines

• Blocked Account Procedure

Study Abroad - Contact Form

Interested to Study Abroad? Contact me today for a free consultation. Feel free to reach out at any time. I am happy to lend a hand.

Study Abroad - About Me

I’ve been where you are. I moved from Russia to study abroad in Germany. 10 years later, with my consultancy, I am helping international students go abroad and study abroad

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Related Articles:

1. 11 Steps To Successful German Study Visa Application

2. Obtained A German Student Visa? 23 Strategic Steps To Smooth Relocation (A Guide)

3. How To Study In Germany: 6 Short Steps From Idea To Admission

4. Why Study In Germany?