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Acquaintance Questions – FAQ 2

Q1. About insurance
– For applying for a resident permit, Only travel health insurance for a minimum of 3-6 months is enough and later arriving in Austria you should have to get Student health insurance.
– For example, I took it from United Indian Insurance for a period of 3 months. List of approved insurance companies (Schengen States)
https://www.vfsglobal.com/…/list-of-indian-travel…
For more info:
https://oead.at/…/entry-and-residence/visa-c-or-visa-d/https://oead.at/…/Allgemeine_Info_-_Krankenversicherung…https://indiansinlinz.com/…/most-frequently-asked…/
Also, our parents will be sponsoring our expenses.

Q2. Is there a format for a sponsor letter?
Attached the format
Mention the amount and the sponsor name, signatures.

Q3. When should we deposit the amount in the bank?
– Prior to 4-6 months of applying the application.
– Put the deposit as a block amount that is a non-transferable amount.
– Account statement should be in the parent’s name and you should be a joint holder.
– Get the statement in your name and parent’s name. ask manager he will do.

Q4. Can you show us an example of how exactly to show the funds? – Unfortunately no
IT returns of last three years, if not then bank statement, declaration, sponsor letters are enough and document that shows the source of income for that deposit amount.

Attached¬†https://drive.google.com/…/18BtgF2Eq0NpslG3z4z5TtYRCnNX…
+ Resident permit pdf eng/de
+ Visa D
+ Cover letter
+ Declaration letter
+ Disclaimer
+ Guarantee letter

Read all the info carefully and revert me for more specific questions.

All the best.

Disclaimer: Furnished information is from my own experience maybe it differs for each case. So read all the official latest information carefully.
#ingenioustamilan