Hey everyone,
I have opened an EE profile last month, and our current score is 425.
I have a question in regards to the POF. My father gave me an amount of $15,500 as a gift to support me to apply for EE.
I already have the money in my account, and it was sent last week.
I'm working on increasing my score by re-submitting the IETLS, so I'm expecting an ITA soon hopefully!
However, my 6-months bank account statement is going to show the big boost of my balance, so I guess I need to get a gift deed letter from him!
So my question is, there are too many different forms that I've found online, so, is there a specific form I need to use or it just needs to explain that the money is a gift and I'm free to use it and I'll never have to pay it back?
And, should I notarize the gift deed or just let my dad sign it?
P.s. My father has a PR, and he currently resides in Ontario.
Thanks
I have opened an EE profile last month, and our current score is 425.
I have a question in regards to the POF. My father gave me an amount of $15,500 as a gift to support me to apply for EE.
I already have the money in my account, and it was sent last week.
I'm working on increasing my score by re-submitting the IETLS, so I'm expecting an ITA soon hopefully!
However, my 6-months bank account statement is going to show the big boost of my balance, so I guess I need to get a gift deed letter from him!
So my question is, there are too many different forms that I've found online, so, is there a specific form I need to use or it just needs to explain that the money is a gift and I'm free to use it and I'll never have to pay it back?
And, should I notarize the gift deed or just let my dad sign it?
P.s. My father has a PR, and he currently resides in Ontario.
Thanks