sharing email reply from high commission of canada regarding my query for proof of funds. did not give me a direct answer at all so i guess i've got to try what i can. at least i know for sure cpf is a no no for singapore citizens.
Dear Sir / Madam,
Thank you for your enquiry to the Immigration Section of the High Commission of Canada to Singapore.
Please note that we do not provide specific details or counsel on application procedures as requirements may vary depending on the individual’s situation and complexity of each application. Given the required information in our website the onus rests solely with the applicants to determine the type of documents they wish to submit in support of the application and establish that they meet these requirements.
Furthermore, applicants are provided with the necessary aid tools such as document checklist and instruction guides to assist in submitting a complete application.
In general, you must demonstration that you have enough money to support yourself and your family after you get to Canada. You cannot borrow this money from another person. You must be able to use this money to pay the costs of living for you and your family.
Please be informed that the CPF fund may be used as “Proof of Funds” if you have the intention of renouncing your Singapore PR status.
An official letter is required from CPF Board confirming the release of your CPF funds upon your renunciation.
Acceptable funds are funds that are unencumbered and available to bring to Canada.
Acceptable proof of funds are:
· bank accounts in your name or the name of your accompanying spouse/common-law partner;
· cashable investments in your name or the name of your accompanying spouse/common-law partner;
· cashable fixed deposits in your name of the name of your accompanying spouse/common-law partner.
Not acceptable are:
· bank accounts in someone else’s name;
· bank accounts which are joint in your name and someone else (other than your accompanying spouse/common-law partner);
· bank accounts in the name of your spouse who is not accompanying you to Canada;
· property valuations;
· vehicle valuations;
· jewellery valuations.
Dear Sir / Madam,
Thank you for your enquiry to the Immigration Section of the High Commission of Canada to Singapore.
Please note that we do not provide specific details or counsel on application procedures as requirements may vary depending on the individual’s situation and complexity of each application. Given the required information in our website the onus rests solely with the applicants to determine the type of documents they wish to submit in support of the application and establish that they meet these requirements.
Furthermore, applicants are provided with the necessary aid tools such as document checklist and instruction guides to assist in submitting a complete application.
In general, you must demonstration that you have enough money to support yourself and your family after you get to Canada. You cannot borrow this money from another person. You must be able to use this money to pay the costs of living for you and your family.
Please be informed that the CPF fund may be used as “Proof of Funds” if you have the intention of renouncing your Singapore PR status.
An official letter is required from CPF Board confirming the release of your CPF funds upon your renunciation.
Acceptable funds are funds that are unencumbered and available to bring to Canada.
Acceptable proof of funds are:
· bank accounts in your name or the name of your accompanying spouse/common-law partner;
· cashable investments in your name or the name of your accompanying spouse/common-law partner;
· cashable fixed deposits in your name of the name of your accompanying spouse/common-law partner.
Not acceptable are:
· bank accounts in someone else’s name;
· bank accounts which are joint in your name and someone else (other than your accompanying spouse/common-law partner);
· bank accounts in the name of your spouse who is not accompanying you to Canada;
· property valuations;
· vehicle valuations;
· jewellery valuations.