How Much Bank Balance is Required For Latvia Student?

The bank balance is the amount that is saved or present in the account. The bank balance shows the person’s financial position and savings in the bank. To apply for a visa whether it’s a student or travel visa, the person needs to maintain their bank balance because it shows their status of finance. Let us know about ‘How Much Bank Balance is Required For Latvia Student?’

How Much Bank Balance is Required For Latvia Student?

How Much Bank Balance is Required For Latvia Student?

The requirements for the bank balance of a student visa vary from country to country. The bank balance gives a proven statement to the country that the student can bear its financial expenses. The bank balance that is required; for a Latvia student visa is 1,875 euros, which lasts for three months. The bank balance of 1,875 euros is equal to 1822.69 United States dollars. The 1,875 euros bank balance is the demand for the Latvia student visa; the bank balance can be more than this amount but should not less than this amount. Along with the bank balance sheet, there is a requirement for a bank certificate that must show the name, date of birth, and passport number of the student who is applying for a Latvia student visa. The bank balance is an important requirement for applying visa to any country.

In this article, the bank balance requirements and other aspects that are necessary for applying for the Latvia student visa are discussed in detail.

Bank Balance For Latvia Student VISA: 

Latvia is the best destination for students who admire this country to study. They provide many scholarships for students and many education programs for international students. Latvia is a European country, but this is a budget-friendly country as compared to other countries in Europe. Many of the universities and educational institutes are situated in Riga, Latvia. Riga is the capital of Latvia. They welcome students from all over the world and provide study programs visas and other visas to people from any country. The requirements for applying for the Latvia student visa are similar, just like the requirements of other European countries. The amount of 1,875 euros in the bank statement sheet shows that the student can manage their daily or monthly expenses. Along with this requirement, other requirements are; needed to be fulfilled to get a student visa in Latvia.

Requirements For Latvia Student VISA:

All the requirements that are necessary to apply for a student visa for Latvia are; mentioned below in detail. Student Visa requirements are almost the same, but the big difference comes when applying for different universities with different educational programs, also these; requirements need to be accomplished, with proper concentration, any little mistake can become the reason for visa rejection. 

The requirements for a Latvia student visa are; mentioned below;

  • The first and most important requirement is the student’s valid passport for applying for the visa.
  • The clear and spotless passport-size images of the applicant with white backgrounds and the image should be clean and with visible facial features. The size of the image should be 34 to 45 cm.
  • The proof of the English proficiency of applicant, student needs to give proof of their English speaking level in documents they need to add the result of their recent IELTS/ TOFFELS certificate.
  • The maintained Record of the bank statement shows the amount of 1,875 euros in the Bank balance sheet, and this bank statement should be approved, along with the student must need to issue an international debit card from the same bank in which their bank balance is maintained.
  • All the educational certified documents are required to attach to the application form for the visa.
  • CV of the student also is required.
  • Accurately filled out the visa application form.
  • The Admission letter of the authorized university in Latvia.
  • The vaccination cards are required; that show the applicant is vaccinated, against yellow fever and typhoid disease. 
  • If the age of the student is less than 18 years, then the consent letter from the parents of the applicant is necessary to be attached to the documents.
  • The guarantee letter is also required; which shows that the applicant is willing to bear all his expenses and will not apply for the funds or scholarship program from the government or university.
  • Other documents are required; like a cover letter, motivational letter, and invitation letter.

Main Causes of Latvia Student Visa Rejections:

The demands; that are explained by the countries to permit their visa are essential to be fulfilled accurately. These requirements are the main reason for getting and rejecting the visa. The information that the applicant is providing in documents must be genuine, there is no chance to be get selected with wrong or false data. The application visa form should be filled with correct answers and need to give answers to every question; they do not accept partially filled forms. Also, the bank balance must be valid and enough that is required; for the Latvia student visa, otherwise they will reject the application for a student visa. All these statements need to be cleared and fulfilled to get the Latvia student visa.

Conclusion:

All the described information is about the bank balance and other requirements for applying for the Latvia student visa. The amount that is required; for applying for the Latvia student visa is 1,875 euros. This amount is mandatory; the Bank balance can be more than this amount but not less. If the bank balance is less than this amount the applicant will face the rejection of the visa. All the requirements, along with the bank statement of the student are; necessary while applying for the Latvia student visa.

Frequently Asked Questions:

  • What is the student visa fee for Latvia?

The Latvia student visa fee is 60 euros.

  • What is the visa process time in Latvia?

The working 15 days is the total time for processing the visa.