Sperrkonto (Blocked Account) Germany: What It Costs | A Visa Guide for Canadian, UK, US & Australian Applicants

A blocked account (Sperrkonto) is a financial proof requirement for many visa categories in Germany, including work-related, job-seeker, and student visas. This account shows that you have sufficient funds to support yourself while living in Germany without needing public assistance. Third-country visa applicants, including those from the UK, US, and Australia, are usually required to open a Sperrkonto before their embassy appointment and submit the account information as part of their visa dossier. 

Having insufficient funds or the wrong documentation for your blocked account could result in your visa being delayed or rejected. After you arrive in Germany, the local authorities will continue to monitor your proof of financial support, especially if you’re applying for a residence permit.

What Is a Blocked Account (Sperrkonto)?

A Sperrkonto (blocked account) is a special bank account for visa applicants where the money you deposit is ‘blocked’ until you arrive. Once you arrive in Germany, you’ll be able to withdraw a set amount on a monthly basis. 

You will not be able to withdraw all the money in your account at once. German embassies and immigration authorities consider a blocked account as reliable proof of having the financial means to live in Germany without relying on public assistance.

Minimum Required Funds for German Visa Applicants 

Blocked accounts are most relevant to student visa applications, specifically those with a longer duration. The minimum required funds are currently €11,904 per year or €992 per month and are based on the BAföG rate, which sets the benchmark for the typical minimum amount necessary to cover basic living expenses.

Other visas have different minimum required funds, including the ‘Opportunity Card’, which provides a residence permit for workers from third countries to enter Germany to seek employment. This specific visa requires you to have a minimum of €13,092 or €1,091 per month. Alternatively, the 6-month job seeker visa requires €6,546 or the same monthly amount. Working with an immigration lawyer in Berlin can help you determine the exact amount you’ll need in your blocked account to avoid delays.

Breakdown of Blocked Account Costs for Expats

While you’ll need to determine the minimum amount of money to deposit into your blocked account, it’s important to also consider the other fees involved. Most Sperrkonto providers will charge an array of fees, including a setup fee, a monthly charge, a security deposit, and international transfer fees. 

These costs will vary depending on your provider, and it’s a good idea to budget at least €150 to cover these fees, including setup and maintenance. It’s worth noting that some providers may charge a fee if you need confirmation documents quickly, and you may have to account for a poor exchange rate.

How the Blocked Account Works Once You Arrive in Germany

After you arrive in Germany, your blocked account will become activated. There is a monthly limit on how much you can withdraw, which is typically €992 per month for those on a student visa. The rest of the funds in your account will remain blocked until a later date or until the account is closed.

Set Up a Blocked Account with Fintiba for Your German Visa Application

Do you need a blocked account that is officially recognised by the German immigration authorities? Our law firm recommends Fintiba for clients in need of a reliable blocked account for their visa application. Using our affiliate link helps to support our law blog and allows us to continue creating content to support foreigners applying for a visa to Germany.