FAQ
You must demonstrate a minimum of NZD $20,000 per year (or NZD $1,667 per month if your course is shorter than one year) in liquid funds for living expenses. This must be entirely separate from your first year’s tuition fees, which must be prepaid. Additionally, you must show NZD $2,000 (or a prepaid ticket) to cover your outward travel back home.
Immigration New Zealand (INZ) is exceptionally rigorous. You must provide 3 to 6 months of consecutive bank statements showing a stable accumulation of funds. Any sudden lump-sum deposits exceeding NZD $2,000 will flag a warning, requiring you to provide an airtight paper trail (such as property sale deeds, tax returns, or business receipts) proving the legitimate source of the money.
The Post-Study Work Visa (PSWV) grants up to 3 years of open work rights for Bachelor’s, Master’s, or PhD graduates, letting you work for any employer in any role. For Level 7 Graduate Diplomas, the stay matches your study duration up to 1 year. Keep in mind that a post-study work visa is a strict one-time-only opportunity in New Zealand; you cannot get another one later by completing a higher degree.
