Fu
fund value requirement is 18617$ (Cad) and we have fund in several govt. policies, bank FD, and bond value sum up of 26734$(Cad).
As per my other reply it was maintain from 20th august-16 till today. Not a single doller is taken out.
Its tough condition if we may go for 2nd review its too lengthy. But all our attached documents overall fund value is higher than their requirement.
Please advise asap. Can we defend more or can we apply for second review.
Here is your problem. Only funds in accounts or saving accounts can be counted. Whatever was invested will be disregarded. (governmental bonds or any other investment like land, gold or precious collections).
Why because market can be volatile, and what was worth a lot one day can loose its value the other day.
In addition, that account must be either your or co-owned with your spouse. Nobody else shall be on that account. Otherwise it cannot be counted.
Also do not forget to check what was the standing of the currency in which you had / have your funds during whole time, just to make sure it did at any point got too low.
Now check again how much of your funds do meet criteria. It is not enough better increase it and try to apply again.
Good luck