Hi All,
My wife is planning to study in NZ in wellington, and I am planning to apply for work visa based on that. I am little scared if my wife will get her student visa because of her source of funds. The total funds required is $35,000 (Fees & FTS) and the break up is as follows.
Personal Loan (PL) $28,000
Gold Loan(GL) $ 6000
Employee Provident Fund (EPF) $3000
Savings (S) $ 2000
The above-mentioned funds are in my account for the past 3 months. Her course starting in June'17. I am not sure if I should apply now or wait for another 3 months and apply for September course because funds will be 6 months old by then. The reason I am thinking about the tenure of funds is because I guess they do not consider personal loan as a source of funds.