proof of funds - port of entry

[callebe]

Hello, everybody.

I'm gonna land as a PR soon.

I'm thinking of using part of my savings in my proof of funds to rent a place in Canada. Therefore, I would be below the minimum when entering Canada. Is that a problem if they ask me for bank statements, etc? Can I just prove that I used that money for my settlement in Canada?

 

[furrukhrao]

No one ask or care about the funds only if you carry more than 10K CAD let them know that you have such amount of cash. You can keep 3-4 K cash and later transfer the remaining via your bank or if you got work soon you probably don't need it.

 

[callebe]

No one ask or care about the funds only if you carry more than 10K CAD let them know that you have such amount of cash. You can keep 3-4 K cash and later transfer the remaining via your bank or if you got work soon you probably don't need it.

I heard they ask for your proof of funds (16600 CAD - for a family of 2) and sometimes they ask for bank statements for you to prove.

 

[furrukhrao]

I heard they ask for your proof of funds (16600 CAD - for a family of 2) and sometimes they ask for bank statements for you to prove.

Legally YES but practically NO.

 

[satishkota]

They do ask for the proofs. In most cases they might not. But why take risk at the final step of becoming a Permanent Resident. Carry the proof if you have paid in rent. They will and should understand it I guess.