CA Evaluation

[Aesopzai]

Do I have to evaluate my assets from a chartered accountant like my school, house and land which I own alongwith my brother?
I already have made an affidavit from the courts that how much approx value these properties have and how much is my share.
Anyone have any info?
Thanks

 

[Alpha_Wolf]

Do I have to evaluate my assets from a chartered accountant like my school, house and land which I own alongwith my brother?
I already have made an affidavit from the courts that how much approx value these properties have and how much is my share.
Anyone have any info?
Thanks

Hey.
So looking at it from the purpose of Proof of Funds, no CA proof doesn’t help much. But there is ONE ADVANTAGE which I’ll share.

For study permit, the LIQUID funds matter. Assets are good but how much is at your quick disposal?Bank a/c? FDs? Loan? Bonds? Stuff like that.

Showing the CA letter can only foolproof what amounts you showed on your bank statements. And showing HOME TIES.

Hope this helps.

 

[dogmom]

Hey.
So looking at it from the purpose of Proof of Funds, no CA proof doesn’t help much. But there is ONE ADVANTAGE which I’ll share.

For study permit, the LIQUID funds matter. Assets are good but how much is at your quick disposal?Bank a/c? FDs? Loan? Bonds? Stuff like that.

Showing the CA letter can only foolproof what amounts you showed on your bank statements. And showing HOME TIES.

Hope this helps.

Exactly! I did the same. Liquid funds for proving the expenses while the CA certificate is just to let them know that I am financially sound and have assets to return back for.

 

[Aesopzai]

Hey.
So looking at it from the purpose of Proof of Funds, no CA proof doesn’t help much. But there is ONE ADVANTAGE which I’ll share.

For study permit, the LIQUID funds matter. Assets are good but how much is at your quick disposal?Bank a/c? FDs? Loan? Bonds? Stuff like that.

Showing the CA letter can only foolproof what amounts you showed on your bank statements. And showing HOME TIES.

Hope this helps.

Yeah I've already got the bank statement to show liquid funds in my bank account. The CA Evaluation I wanted to show as my home ties as u pointed out. But what I am asking is that I've already done it on an affidavit form, so do I need to make it also by a chartered accountant or the affidavit is enough?
Thanks dear

 

[Aesopzai]

Exactly! I did the same. Liquid funds for proving the expenses while the CA certificate is just to let them know that I am financially sound and have assets to return back for.

Yes dear i am also asking the same that for proving that I am financially sound do I need to do the CA Evaluation or the affidavit I made in the local courts showing the approx value of my assets will suffice?
Thanks

 

[Aesopzai]

Exactly! I did the same. Liquid funds for proving the expenses while the CA certificate is just to let them know that I am financially sound and have assets to return back for.

I'm doing doing this for home ties.. for my expenses I have my bank statement.

 

[Alpha_Wolf]

Yeah I've already got the bank statement to show liquid funds in my bank account. The CA Evaluation I wanted to show as my home ties as u pointed out. But what I am asking is that I've already done it on an affidavit form, so do I need to make it also by a chartered accountant or the affidavit is enough?
Thanks dear

Well then a separate CA evaluation certificate is kind of redundant (just my opinion).
You already have the legal paperwork to justify your share of family assets- Good enough!

Word of advice- CA Evaluation too doesn’t mean much because one can always get it from a known CA and they know there way around inflating your means. Not saying this is the norm but just saying. Any long tough paperwork for finances is not required for the visa in my opinion, so if you have done property papers and will, CA evaluation is unnecessary.

I didn’t give any CA evaluation for mine (hope I get my approval lol)

 

[Aesopzai]

Well then a separate CA evaluation certificate is kind of redundant (just my opinion).
You already have the legal paperwork to justify your share of family assets- Good enough!

Word of advice- CA Evaluation too doesn’t mean much because one can always get it from a known CA and they know there way around inflating your means. Not saying this is the norm but just saying. Any long tough paperwork for finances is not required for the visa in my opinion, so if you have done property papers and will, CA evaluation is unnecessary.

I didn’t give any CA evaluation for mine (hope I get my approval lol)

Thanks a lot dear for ur detailed reply.. may Allah fulfill all ur dreams..stay blessed.

 

[Alpha_Wolf]

Thanks a lot dear for ur detailed reply.. may Allah fulfill all ur dreams..stay blessed.

You’re most welcome. Thanks for your kind words. May us all achieve our dreams, starting with PPRs this week!

 

[Aesopzai]

You’re most welcome. Thanks for your kind words. May us all achieve our dreams, starting with PPRs this week!

Inshaa Allah..ameen