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Proof of funds - Gift from parents

P

Prem George

Member
Jun 13, 2018
11
0
Hi All,

I am ready with my IELTS, WES and all required documents to enter into CIC.

Coming to proof of funds.
I am planning to take Proof of Funds from my dad as a gift along with the gift deed and affidavit required.

Before taking this step, I have 2 questions to clarify...

Q1. As I am taking money from my dad as a gift, is it still required to maintain for 6 months in my account? Or I can start my process immediately?

Q2. Is it required to show the proof of the source of funds from where my father got the money as my father wants to take a loan on our house/property. Is it okay to take loan on our property on my dad's name and get that funds transferred to my account as a gift?
Can I proceed with this option?

Seniors please advise. Will appreciate your quick response. Thanks in advance.
 
C

cansha

VIP Member
Aug 1, 2018
6,676
5,855
Prem George said:
Hi All,

I am ready with my IELTS, WES and all required documents to enter into CIC.

Coming to proof of funds.
I am planning to take Proof of Funds from my dad as a gift along with the gift deed and affidavit required.

Before taking this step, I have 2 questions to clarify...

Q1. As I am taking money from my dad as a gift, is it still required to maintain for 6 months in my account? Or I can start my process immediately?

Q2. Is it required to show the proof of the source of funds from where my father got the money as my father wants to take a loan on our house/property. Is it okay to take loan on our property on my dad's name and get that funds transferred to my account as a gift?
Can I proceed with this option?

Seniors please advise. Will appreciate your quick response. Thanks in advance.
Click to expand...
6 month not needed in case of gift deed

They won't ask for dads soruce of funds .
 
P

Prem George

Member
Jun 13, 2018
11
0
cansha said:
6 month not needed in case of gift deed

They won't ask for dads soruce of funds .
Click to expand...

Could you please clarify my one more doubt.

I received my WES report and this is what mentioned on that.

“The names on one or more academic credentials submitted for evaluation differ from the name indicated above”

Name on WES: Miriyala Prem Kumar
Name on educational credentials: M Prem Kumar

Both names are mentioned on WES report.

Where Miriyala is my initial mentioned on WES report and only first alphabet of my initial M is mentioned on my educational credentials.

Will this create any problem?
If yes then please advise what to do.
I’m worried. Will appreciate your quick response.
Thanks in advance
 
C

cansha

VIP Member
Aug 1, 2018
6,676
5,855
Prem George said:
Could you please clarify my one more doubt.

I received my WES report and this is what mentioned on that.

“The names on one or more academic credentials submitted for evaluation differ from the name indicated above”

Name on WES: Miriyala Prem Kumar
Name on educational credentials: M Prem Kumar

Both names are mentioned on WES report.

Where Miriyala is my initial mentioned on WES report and only first alphabet of my initial M is mentioned on my educational credentials.

Will this create any problem?
If yes then please advise what to do.
Seniors please advise
I’m worried. Will appreciate your quick response.
Thanks in advance
Click to expand...
Search the forum. There are hundreds of cases like these. I think people write an affidavit that the two names belong to same person. Just search the forum you will find many cases and right thread.
 
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