Hey - I have a few questions regrading the proof of funds requirements:
I have received my ITA and am busy preparing my application to submit.
I am applying as a sole applicant with my common law spouse listed as "non-accompanying"
This is due to the fact that my CRS score was higher without including her on my profile as a joint applicant. I have stated this as the reason for non including her and realise that I will have to apply for a spousal sponsorship visa for her once I get my PR. Not our first choice of route, but the only one we could do under our circumstances.
With regard to the proof of funds:
1) Even though my common law spouse is non-accompanying, I still have to apply the funding requirements for 2 family members (currently $16,135)?
2) For the actual proof of funds, I have received a stamped letter from my bank indicating the current balances of my Checking account, Credit Card account as well as my Global Account (which contains Canadian Dollars I purchased for the specific purpose of the Express Entry application). It also shows that I have no loans or debt owing to the bank.
I liquidated certain investments (equities etc) to make funds available for the express entry application and converted the proceeds of those investments into Canadian Dollars which are now held in my Global Account - do I need to include brokers notes, statements showing the sale of the various investments to correspond to the inflows deposited into my Global Account?
3) My current credit card balance available to me is about R100,000 (roughly $8600 CAD), and I do not owe anything on my credit card - does this credit available to me of $8600 CAD count towards the $16,135 fund requirement needed for express entry?
4) Both myself and my common law partner begun saving funds for the Express Entry application when we first decided to enter our names in the pool - since she is now listed as non-accompanying on my application and the proof of funds is only for my account - she transferred some of the funds she had saved up for the express entry application from her savings account into my cheque account, which I then converted into Canadian Dollars and are being kept in my Global Account along with my saved funds. Do I need to get a signed gift deed from her stating that she has gifted the funds to me for the purpose of the application? And do I need to provide 6 months bank statements of her accounts as supporting documents as well?