Net Worth Certificate for Student Visa
Are you searching for a Net Worth Certificate for a Student Visa? We are one of India’s leading CA consultants, specializing in the preparation of Net Worth Certificates specifically for study visa purposes. Most student visa applications require proof of financial strength from parents or sponsors, commonly submitted as a Net Worth Certificate, CA Report for Student Visa, or an Asset Valuation Statement. These documents are essential to demonstrate the applicant’s financial capability to support their education abroad.
With over a decade of experience, we have successfully delivered more than 2,500 Net Worth Certificates for students pursuing higher education in foreign universities. If your visa consultant has requested a CA Report, or if you need one for your student visa application, our expert team of Chartered Accountants is here to assist you. We offer 24×7 support and ensure doorstep delivery across India, providing fast, accurate, and visa-compliant documentation to make your study abroad Visa Process smooth and hassle-free. Explore here more about Net Worth Certificate for Student Visa Requirement, Charges, Documents List, Process and FAQ’s on CA report for Study visa.
- Study Visa Purpose
- Cost Rs. 3000/-
- Get Instantly with UDIN
CA Report for Study Visa - Get CA Net Worth Report Now
What is Net Worth Certificate for Student Visa?
Whenever an Indian student applies for a study visa through a foreign university, both the university and the embassy of the respective country often require detailed financial information about the student and their parents or sponsors (guardians). To assess the financial solvency and ability of the parents or sponsors to cover expenses such as tuition fees, university fees, living costs, and other recurring expenses abroad, a Net Worth Certificate issued by a Chartered Accountant (CA) is typically required. This document, also referred to as a Net Worth Certificate for Student Visa, CA Report for Student Visa, or Financial Report for Student Visa, serves as the student’s family statement of assets. It is an official financial summary issued by a CA to be submitted to the foreign university and embassy as proof of financial capability.
If you have applied for a student visa and need a CA-certified Net Worth Certificate, connect with us now for fast, reliable service.
Importance of a CA Report in Student Visa Applications
Foreign universities and embassies often require a CA-certified Net Worth Certificate from students applying for a study visa, to evaluate the financial capabilities of their sponsors or family members. This certificate is a critical document used to prove that the student has sufficient financial backing to study and live abroad.
Importantly, financial strength is not only essential for student visas, but it is also a key factor in the approval of almost every type of visa. Countries like the United States (US), Canada, the United Kingdom (UK), Australia, and most European nations thoroughly assess the financial status of the student’s family, including their net worth and annual income.
In recent times, embassies are aware that study visas are being used as a potential route for immigration, as they are often seen as easier to obtain compared to other visa types that demand higher qualifications. As a result, immigration authorities are paying closer attention to the financial background of student visa applicants. Here are key aspects that embassies now focus on:
Whether the sponsor and family have stable and sufficient financial strength to cover the student’s living expenses abroad.
Whether the family can fully pay for tuition and study-related costs for the entire duration of the course.
Ensuring that the student is not solely dependent on part-time work to fund their stay.
Verifying that the student’s family has significant assets and financial ties in India, which may increase the likelihood of their return after completing the course.
Confirming that the funds declared in the visa application are genuine, supported by strong documentation such as a CA Net Worth Certificate.
Accepted Sponsors for Study Visa Purposes (Who's Assets Can be Shown)
When applying for a student visa, most embassies and universities accept financial help from certain people close to the student. These people are called sponsors, and their money or assets can be shown in a CA Net Worth Certificate. Here’s who can be a valid sponsor:
Parents (Mother or Father)
Parents are the most commonly accepted sponsors.
Their income, savings, property, bank balance, and fixed deposits can be used.
These details are included in the CA certificate.
Legal Guardians
If the student’s parents are not available or cannot support them, a legal guardian can be the sponsor.
The guardian must have legal documents showing they are responsible for the student.
Their financial details can be shown in the report.
Brother or Sister (Siblings)
Brothers or sisters can sponsor if they have a stable income.
Some embassies ask for a written letter saying they are willing to sponsor.
Their financial documents can be used, but extra proof may be needed.
Relatives (Uncles, Aunts, Grandparents, etc.)
Relatives may be accepted as sponsors, depending on the country’s rules.
A signed and notarized letter confirming they will sponsor the student is usually required.
It’s important to show a clear relationship and strong financial documents.
Self-Sponsorship (Student’s Own Funds)
If the student has enough money or assets, they can sponsor themselves.
This is only allowed if the student already has savings or income.
Money from part-time jobs is usually not accepted as the main source of funds.
Important:
Regardless of the sponsor type, the financial documents must be consolidated in a CA Net Worth Certificate and should include:
Proof of relationship with the student
Source of funds (assets, income, properties)
A sponsorship declaration or affidavit, if required by the visa authority (Should be submitted to embassy with CA Report)
Student Visa Purpose CA Net Worth Report - Explore
Study Visa Net Worth Format
Net Worth Certificate Format for Student Visa Includes Parents/Sponsors Assets With Double Currency Format.
Sponsor's Family Documents List
(Click Above) - Get Required Documents Check List for Preparation of CA Report for Student Visa (Documents of Parents & Sponsors Required, Along with Student Documents)
CA Report for Study Visa: ₹3000
CA Certified Net Worth Certificate for Study Visa Charges are Rs. 3000/-
How to Obtain Net Worth Certificate for Student Visa?
You can get a Net Worth Certificate for a Student Visa in just 30 minutes. All you need to do is make an inquiry and send us the relevant documents required for the preparation of the CA Report for Study Visa.
To demonstrate financial strength, students can use the financial documents of their family, guardians, or sponsors. It’s important that the sponsor is willing and ready to support the student, and an undertaking of sponsorship for foreign education should be submitted to the embassy along with the CA Net Worth Certificate.
To obtain your CA Certificate, follow these 3 simple steps:
Step 1: Send us yours and sponsor/family assets documents. (Download the document checklist – Click here: Open Document Checklist)
Step 2: We will provide a draft copy. You can share it with your visa agent and review it. Suggest any changes if required.
Step 3: Receive the final CA-signed Net Worth Certificate for Study Visa.
Key Considerations for Preparing a CA Report for Student Visa
It is very important to consider some key aspects while preparing a CA Report for a Student Visa. Let’s discuss these points one by one:
Sponsor/Family Member Details:
The financial details of sponsors or family members included in the CA Report must clearly mention their identity and relationship to the student. This helps the embassy or university verify and correlate the information during the visa interview.Focus on Liquid Funds:
Foreign universities primarily focus on the liquid funds available to the student’s family, as they are concerned about the timely payment of tuition and educational fees. Therefore, movable assets (such as cash, bank balances, and fixed deposits) should be clearly listed in the report.Detailed Asset Breakdown:
Embassies are interested in a detailed breakdown of assets to assess the applicant’s financial background, capabilities, and spending power. The CA Report for a Student Visa should clearly show movable assets, immovable assets, and liabilities/obligations in separate, well-defined sections.Immovable Property Disclosure:
Immovable properties should be shown in a separate schedule, allowing the embassy to assess whether the student and their family have sufficient property in India—an indicator of their intent to return after studies.Foreign Currency Reporting:
Since the end-user of the CA Net Worth Certificate is a foreign authority, it is crucial to report all figures in both Indian Rupees (INR) and the applicable foreign currency (such as USD, CAD, GBP, AUD, NZD, EUR, etc.).Online Verification with UDIN:
The report should include a Unique Document Identification Number (UDIN) generated by the Chartered Accountant, allowing the embassy, university, or visa officer to verify the authenticity of the certificate online.CA Contact and Registration Details:
The Chartered Accountant’s contact information, including registration numbers (MRN/FRN), email ID, and telephone number, must be clearly mentioned on the letterhead. This enables visa officers, agents, or embassy staff to reach out for any clarification or verification.
Countries That Require a Net Worth Certificate for a Student Visa
Foreign universities generally request a Net Worth Certificate certified by a Chartered Accountant (CA) for student visa applications if they deem that the course fees and tuition expenses are high enough to warrant a financial background check. However, in most cases, the embassies of foreign countries almost always require a CA Report that reflects the financial standing of the student’s family.
Below are the most common student visa types and countries where Indian students often pursue higher education, and where a CA Net Worth Certificate is typically required:
US Study Visa – F1 Visa:
For full-time academic studies such as university, college, or language training programs. This is the most commonly issued student visa for the U.S.US Student Visa – M1 & J1 Visas:
M1 is for vocational studies, while J1 covers scholars, interns, and exchange programs.Canada Study Visa (Study Permit):
Required for academic, professional, or vocational training in Canada at a Designated Learning Institution (DLI).UK Student Visa and Child Student Visa:
For students enrolled in recognized UK educational institutions.Australia – Subclass 500 Visa:
Issued for full-time studies at registered Australian educational institutions.Other Countries’ Student Visas:
Countries like New Zealand, Singapore, and several European nations (e.g., Germany, France, Netherlands) also often require proof of financial capability in the form of a CA Net Worth Certificate.
FAQ's on CA Report of Net Worth Certificate for Student Visa
Parents (Mother and Father), Legal Guardians, Siblings (Brother and Sister), Relatives (Uncle, Aunts, Grandparents), Self Sponsorship. Important Note: Sponsorship Support Letter/Affidavit should be obtained.
Following Persons Assets can be considered in Preparation of CA Net Worth Certificate for Student Visa Application.
- Own Assets
- Parents Assets
- Sponsors Assets
- Grandparents Assets
- Legal Guardians Assets
Yes, grandparents’ assets and property can be included in the Net Worth Certificate for a Student Visa. However, it is important to include only those assets on which the student or their parents have a legal right or claim. To ensure clarity, the relationship between the asset owner and the student should be clearly mentioned, along with appropriate remarks explaining ownership and relevance.
CA Report for Student Visa format which shows Sponsors Assets with double currency presentation is suitable for student visa. Click here to Check format
Students, and His/her Family/Sponsor’s document required for Ne Worth Certificate Report. Check Full List of Documents Requirement Click Here.
