Hey, so I was reading this document
english.hi.is/files/How-to-apply_web.pdf
I have some questions about the Financial Support part. It says:
"An applicant for a residence permit shall prove secure support for the entire period of time of the intended stay in Iceland. Without secure support, a residence permit will not be issued."
"Minimum support shall be comparable to the minimal support guidelines set by the municipalities. Minimum support for a single person is ISK 125,540 per month for the entire expected stay in Iceland."
So if I plan to stay 2 years to study in Iceland, I need to have, for example, a bank account with ISK 125,540x24 months ?
"IMPORTANT: Applicants over the age of 18, without exceptions, must show their own support; it is not sufficient that parents support the applicant"
I'm 22. One of my parents has a bank account with possibly enough money for the "minimum support", but it's not MY account. Is that a problem then? Actually both of my parents are going to give me the money for all my monthly needs, since I don't have a bank account or any savings of my own. What could I do?
Thank you!