Funding your German Blocked Account in 2024: How much money do you need?
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Opening and funding your Blocked Account is one of the first steps to secure your German visa. In 2024, the amount you need to prove to the German authorities that you have enough funds to live in Germany will increase to €992 per month.
Find out about the new funding requirements for your German Blocked Account, how to adjust your existing account, and answers to other important questions! Jump to FAQs.
What is a German Blocked Account?
A Blocked Account (Sperrkonto) is a special type of bank account for international students and other visa applicants in Germany. It provides proof to German authorities that you have enough money to cover your living expenses during your stay. The money you deposit in the account is "blocked", meaning you can only withdraw a limited amount each month once you arrive in Germany.
What is the blocked amount increasing to?
For Winter Semester 2024, the monthly requirement is increasing from €934 to €992, so you will need €11,904 for a 12-month visa. This update is to ensure that internationals in Germany have enough funds to live in Germany.
Please note: German embassies or consulates may ask you to provide a different amount of money to fund your Blocked Account, depending on the type of visa you request, whether you have scholarship funding, etc. We recommend you check the visa requirements listed by the visa office handling your application.
Why is the blocked amount increasing?
The German government sometimes reviews the cost of living and adjusts the Bafög rate accordingly. The Bafög rate is the national standard for the minimum amount of money a student needs to live in Germany.
The required blocked amount is based on the Bafög rate, so when the Bafög rate increases, the required blocked amount also increases.
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When is the new blocked amount effective?
Though the exact date the new requirement will take effect isn't certain, German authorities are already asking some visa applicants to show proof of the higher amount (€992 p/m). We advise you to prepare this amount in advance to avoid any visa delays. It is very likely that any students coming to Germany for Winter Semester 2024 will need proof of €992 per month, €11,904 for a 12-month visa.
How much has the blocked amount increased?
Here's a quick overview of the new and previous amounts required for the Blocked Account:
Year | Monthly Amount | Annual Amount | |
---|---|---|---|
2024
|
€992
|
€11,904
|
|
2023
|
€934
|
€11,208
|
|
2022
|
€861
|
€10,332
|
How to update your Blocked Account amount with Expatrio
If you're using Expatrio for your Blocked Account, updating the amount is simple. Here’s how to do it:
If you have already applied for a visa or Residence Permit:
The German immigration authorities handling your application will contact you directly if you need to increase the blocked amount. It's a good idea to double-check with them yourself.
If you have a Blocked Account but have not had your visa appointment yet:
- Log into your Expatrio User Portal.
- Click on "Blocked Account."
- Scroll down and click on "Change Details."
- Update the monthly amount and the number of months.
- Submit the change request.
If your Blocked Account is already live:
- Contact Expatrio Customer Support to update the monthly amount for the remaining months.
- Provide details such as which months need updating, the new monthly amount, the country you're transferring from, and the currency.
You can find out more on our Help Center.
How do I get a document stating the new blocked amount I have transferred?
If your Blocked Account is not yet activated (i.e., monthly payouts have not started), you will receive a new 06 Blocked Amount Confirmation after the account is updated and the additional funds arrive in your Blocked Account.
Is there an additional fee for increasing the amount?
No, Expatrio does not charge any fees for change requests.
Updating your Blocked Account to meet the new requirements is crucial for a smooth visa process. With the monthly amount increasing to €992, being prepared can save you from any last-minute hassle.
Ready to update your Blocked Account? Log into your Expatrio User Portal today and make the necessary changes.
If you have any questions or need assistance, contact Expatrio Customer Support. Our Help Center also has very useful information. We are ready and waiting to help you on your journey to Germany!
FAQ
What is the amount required for a Blocked Account for a German visa in 2024?
The required amount for a German Blocked Account in 2024 is €992 per month, totaling €11,904 for the year.
How do I update my Blocked Account amount on Expatrio?
Log into your Expatrio User Portal, click on "Blocked Account," scroll down to "Change Details," and update the monthly amount and number of months. Submit the change request.
Is there a fee for increasing my Blocked Account amount?
No, Expatrio does not charge any fees for change requests like this.
Can I transfer more than €11,904?
You can transfer more than this amount if necessary. For example, if your Blocked Account needs to cover 18 months, you should transfer the required amount for each of the 18 months. For a student, this would be 18 x €992, totaling €17,856. For more information, visit our Help Center here.
€11,904 is the standard amount for a one-year student visa. The actual blocked amount needed may verify, and we recommend you confirm this with your visa-issuing authority.
Who needs a Blocked Account to move to Germany?
If you are from a country outside the European Union or Schengen Area and applying for one of these German visas, you will need a Blocked Account:
Student visa
Job-seeker visa
Training or apprenticeship visa
Aupair visa
Visa for the recognition of foreign qualifications
Visa for language acquisition
How can I open a German Blocked Account?
You can open a Blocked Account entirely online with Expatrio.
You can find out more information about opening a German Blocked Account here.
With Expatrio’s Value Package, you receive your entire set-up fee back as cashback once you arrive and activate your Blocked Account and Health Insurance in Germany.
Who decides what the blocked amount is for German visas?
The required blocked amount is set by the German Federal Foreign Office and designed to align with the minimum amount of money a student needs to live in Germany (the Bafög rate).
The Bafög rate is the national standard for the minimum amount of money a student needs to live in Germany.
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