ADVICE ON PROOF OF FUNDS
Dear fellow post-June-26 thread members,
I have just received a personal message (I won't name the sender) who borrowed money from friends for proof of funds and is nervous because CIC might ask for bank statements, and is asking my advice on what to do next to further help conceal this from CIC.
Let me please make my own position on this VERY CLEAR when people ask me advice about this kind of thing.
Borrowing money for proof of funds and pretending those funds are yours, when they are not, is illegal.
- You will be defrauding the Canadian government
- You will be cheating the system which is unfair on other honest applicants
- It is also unfair on the Canadian welfare system when you arrive in Canada with borrowed money which is not yours
- It is unfair on yourselves to put further strain on what will already be a difficult financial struggle
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
CIC explicitly say "You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person"
These rules apply to all FSW1 applicants. Which part of "You cannot borrow this money from another person" do applicants feel doesn't apply to them? Seems applicants, especially from India, supply only a bank certificate so they can conceal borrowed money and hope CIC won't find out about it.
And then ask me for advice on how best to continue their fraudulent actions. This worryingly seems to be happening more and more.
So, for everyone listening, I won't condone this and won't give any advice on how to trick CIC in this regard. If CIC find out that you borrowed funds and pretended they were yours, not only will they fail your application but it may also make you inadmissable to apply again for a number of years.
Furthermore, for anyone who has cheated the system in this manner, I hope you are caught.
On a more constructive note, if people want my genuine advice - if you do not yet have adequate funds to apply:
1) Save up, or also look into selling assets. Some visa offices will also accept equity in property as proof of funds so if you own a house you can provide 3 valuations and a mortgage letter as part or all of your proof of funding
2) If funds are a problem then you can secure a job offer and apply in Category 2, in which case you are not required to provide proof of funds.
Wayne.
