Proof of funds: sum before fees?

[vladandrie51]

Hello,

Let's assume that for the PR for my case I need a 20k CAD proof of funds and I have exactly 20k CAD in my savings account.

Now, when we get the ITA we have to pay a couple some fees, let's say these are 2k CAD.

If my understanding is correct, you are redirected in the window to pay the fees after you upload your documents (including the proof of funds).

So my question is: If I have the said 20k, I get the proof of funds for 20k, but afterward from those 20k I pay 2k the fees for PR processing and whatnot, am I in the clear?

Or do I have to pay the taxes before I go to the bank to get the proof of funds? What's the timeline here?

Thank you

 

[scylla]

Hello,

Let's assume that for the PR for my case I need a 20k CAD proof of funds and I have exactly 20k CAD in my savings account.

Now, when we get the ITA we have to pay a couple some fees, let's say these are 2k CAD.

If my understanding is correct, you are redirected in the window to pay the fees after you upload your documents (including the proof of funds).

So my question is: If I have the said 20k, I get the proof of funds for 20k, but afterward from those 20k I pay 2k the fees for PR processing and whatnot, am I in the clear?
Thank you

No. You need to have enough proof of funds after fees.

 

[vladandrie51]

No. You need to have enough proof of funds after fees.

So do they ask for the proof of funds AFTER the PR fees? Because from what I gather online I need to get the proof of funds paper before I'm required to pay the fees after getting the ITA.

 

[mr.preetsingh]

So do they ask for the proof of funds AFTER the PR fees? Because from what I gather online I need to get the proof of funds paper before I'm required to pay the fees after getting the ITA.

they dont ask anything later.

 

[vladandrie51]

they dont ask anything later.

So I can have the amount representing the proof of funds in an account, get the proof of funds document then using some of that money pay the fees, got it

 

[mr.preetsingh]

So I can have the amount representing the proof of funds in an account, get the proof of funds document then using some of that money pay the fees, got it

Yeah, I did that when I landed.. there was no question asked.

If your accounts are in USA, then it may be a different story, since USA and CA share a lot of information