r/movingtojapan • u/somdingwonk • 23h ago

Education Question on Bank Statement needed for Student Visa

Hey all, third worlder here thinking of attending a language school for a year or so. Question on the required bank statement balance. The local banks in my country do not give any interest on saving accounts, and so it doesn't make sense for me to have the equivalent of USD15k to USD20k in my local currency just sitting there. As such, I have moved funds around into various money market funds and fixed income investments.

Given the above, how can I make this work? Has anyone gone through this before? It seems like the safest way is to just move funds into my local bank account and just have it sit for a few months (alongside the usual in and out monthly transactions) so that it looks nice and proper for immigration.

0 Upvotes
  • permalink
  • reddit

33% Upvoted

5 comments sorted by

•

u/AutoModerator 23h ago

This appears to be a post about securing a visa to legally live or work in Japan. Please consult our visa wiki for more information. (This is an automated message from the friendly subreddit robot - don't worry, humans can also still reply to your post! However, if your post covers a topic already answered in the wiki or in previous threads, it will probably be locked by a moderator.)

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

3

u/EightBitRanger 22h ago

It seems like the safest way is to just move funds into my local bank account and just have it sit for a few months

Yes. Do this.

-1

u/nuvati 21h ago

Hm we talkin?

1

u/AutoModerator 23h ago

This is a copy of your post for archive/search purposes. This message does not mean your post was removed, though it may be removed for other reasons and/or held by Reddit's filters.

Question on Bank Statement needed for Student Visa

Hey all, third worlder here thinking of attending a language school for a year or so. Question on the required bank statement balance. The local banks in my country do not give any interest on saving accounts, and so it doesn't make sense for me to have the equavalent of USD15k to USD20k in my local currency just sitting there. As such, I have moved funds around into various money market funds and fixed income investments.

Given the above, how can I make this work? Has anyone gone through this before? It seems like the safest way is to just move funds into my local bank account and just have it sit for a few months (alongside the usual in and out monthly transactions) so that it looks nice and proper for immigration.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/GenkiJACS_ana 6h ago

For Japanese student visa proof of funds, what matters is liquid cash in a bank account that can be verified via statements.

Money in investments, money market funds, or fixed-income products generally won’t be accepted, even if the value is the same. Immigration wants to see funds that are immediately accessible.

So yes, the usual approach people take is to move the required amount into a regular bank account and leave it there for a few months, with normal activity, so it shows as a stable balance over time.