I don't think you can address it in a convincing way if you don't have the funds. Speaking from my experience last year with FSW 2014, you just need to have that money in a time deposit account, and you shouldn't touch it until the PR process is completed. Again, speaking from experience, CIC agents are very bureaucratic people, and there is no room for interpretation or goodwill at all.Auone said:Guys, most of us got invited under FSW yesterday. My question is, how do you plan to address the proof of fund requirement? this of course applies to people like me who do not have enough funds and were counting on CEC?
haznac said:I don't think you can address it in a convincing way if you don't have the funds. Speaking from my experience last year with FSW 2014, you just need to have that money in a time deposit account, and you shouldn't touch it until the PR process is completed. Again, speaking from experience, CIC agents are very bureaucratic people, and there is no room for interpretation or goodwill at all.
Last year, I got my application returned to me on grounds that they were not convinced I had at least 1 year of work experience, because I had not sent any bank statements showing the transactions. However, I had sent 9 reference letters all of which had included the amounts paid to me during my 7 years of freelance career, which had been put on paper by my clients and not by me (so it was not self-declared). AND I had attached a letter in the relevant page in my application, saying that I had all the bank transactions, but it was a 40-page statement and certified translation would cost a small fortune in my country. I also had added I would certainly send the transaction list no matter the cost if they needed me to. Despite that, they did not use any initiative, such as asking for bank statements, and they preferred to call it an incomplete application package, thus returning it all together, dismissing months of efforts putting those documents together and effectively ruining my chances of immigration that year.
So it might be somewhere 'very difficult' to 'impossible' to reason with a CIC agent. They just look at the facts.
How abt if the person is already working FT paid in Canada. Do we still have to show funds?kristelgen said:I totally agree with you. That is the main reason why my consultant advised me to freeze my declared settlement fund during the PR process. He explained that officers will be looking at my documents from time to time and validate the fund.
I'm assuming if you are selected under FSW then yes, you will have to.uxd said:How abt if the person is already working FT paid in Canada. Do we still have to show funds?
Not according to this: http://www.cic.gc.ca/english/immigrate/skilled/funds.asppziegler1986 said:I'm assuming if you are selected under FSW then yes, you will have to.
You are right. I'm only pertaining about candidates in FSWP without any job offer.uxd said:Not according to this: http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
It says if I am authorized to work in Canada or if I have a job offer here, I don't need to show the funds.
I am not familiar with Provident funds. I looked it up and it appears to be a Pension Fund. These funds would not be acceptable as they are not liquid funds that you could use to support yourself on arrival in Canada. The cost of living is high here. The amount of funds required is not excessive if you have to support yourself for a while before finding good employment.blackbeast said:how about considering provident fund accounts representing proof of funds? i have a PF account & a fixed deposit as my POF. Is this acceptable?