Big doubts regarding funds??

[nrj123]

Do we still need to show funds even if we are already in Canada and on work permit ??
Thanks

 

[Asivad Anac]

Do we still need to show funds even if we are already in Canada and on work permit ??
Thanks

Yes. The only applicants exempted from this are those who have and LMIA supported job offer.

In your case, you can show work authorization status, job offer with salary details, pay stubs, T4s, NOAs along with bank certificate showing monies in the bank as supporting evidences to bolster your case.

All the best!

 

[docsood]

For FSW outside canada, the Proof of funds which is around 15000CAD can be shown in both principal applicant and spouse accounts. Or only principal applicant's account should have around 15000 CAD ???

 

[Asivad Anac]

For FSW outside canada, the Proof of funds which is around 15000CAD can be shown in both principal applicant and spouse accounts. Or only principal applicant's account should have around 15000 CAD ???

PA's account. Joint account with the spouse would also work.

 

[docsood]

So my spouse's account can't be used to show POF.

 

[Asivad Anac]

Unfortunately No. They can transfer monies to you and provide a self declaration that these monies are a gift and not a loan hence need not be returned to them. That will be fine too.

 

[lovesumi]

Unfortunately No. They can transfer monies to you and provide a self declaration that these monies are a gift and not a loan hence need not be returned to them. That will be fine too.

Hi Asivad Anac,
I have got the required POF in my account. But my monthly average for the 6 months is way below the required POF.
Is it a problem?

 

[Asivad Anac]

Hi Asivad Anac,
I have got the required POF in my account. But my monthly average for the 6 months is way below the required POF.
Is it a problem?

Probably yes.

CIC will suspect that you have borrowed these funds for POF purposes. Along with the bank certificate/statement, attach other document(s) to validate that these funds belong to you and are unencumbered. These could be tax assessment forms, salary credit statements, pay stubs, asset sale documents or any other document which can satisfactorily explain the discrepancy.

 

[lovesumi]

Probably yes.

CIC will suspect that you have borrowed these funds for POF purposes. Along with the bank certificate/statement, attach other document(s) to validate that these funds belong to you and are unencumbered. These could be tax assessment forms, salary credit statements, pay stubs, asset sale documents or any other document which can satisfactorily explain the discrepancy.

The money is deposited after I sold my shares. So i guess my etrade statements and transaction report should be good?

 

[gilean]

Is there a minimum that they are looking for?

 

[PathuG]

will draw down to 414 points??

Hii

I am in canada from last 3 years.
I completed almost 2 years working as qa tech & my wife also working with same occupation with 1 year experience.

We both got 414 points

But i dont know
Will we get PT for OPNP??

Or ITAs??

 

[YamPower]

Re: will draw down to 414 points??

Hii

I am in canada from last 3 years.
I completed almost 2 years working as qa tech & my wife also working with same occupation with 1 year experience.

We both got 414 points

But i dont know
Will we get PT for OPNP??

Or ITAs??

Don't hijack threads. People will just ignore you. Start a new thread or post it in a general thread.

 

[Asivad Anac]

The money is deposited after I sold my shares. So i guess my etrade statements and transaction report should be good?

Yes. Add whatever documentation you have to convince CIC that the monies are rightfully yours and not borrowed.

 

[Asivad Anac]

Is there a minimum that they are looking for?

Yes. Depends on family size.

Check here ---> http://www.cic.gc.ca/english/immigrate/skilled/funds.asp