company sponsoring me

[navkaur]

Dear All,

Can i show my company funds and sponsor my self if I being the shareholder of the company too. How much do i need to show? Is $ 50,000 enough. Plus I have a property on my name in my home country India and im currently residing in Tanzania, East Africa since 1998 at the age of 9.
Im married and my husband is not going to accompany me.

Regards,

 

[GS_Stud]

Dear All,

Can i show my company funds and sponsor my self if I being the shareholder of the company too. How much do i need to show? Is $ 50,000 enough. Plus I have a property on my name in my home country India and im currently residing in Tanzania, East Africa since 1998 at the age of 9.
Im married and my husband is not going to accompany me.

Regards,

Hi Nav,

You have to show funds equal to a formula. You can either show your own funds, or show funds of a sponsor (you need a signed letter from your sponsor).

You need to show: First year tuition fees + First year living expenses + Return airfare

The figures of tuition fees and living expense will come from your offer letter. Let's assume that your offer letter states the tuition fees as 13,000 and living expenses as 11,000. Then you need to show 13000 (tuition fees) + 11000 (living expense) + 2000 (Airfare)= 26000

The proof could be in form of Bank study loan (highly recommend by CHC), Bank balance (ideally maintained for 4 months), FD, PF, Share certificate, IT returns or some other tangible proof. IT returns for past 3 years makes your case very strong.

Property papers, gold evaluation etc are not good sources and might not have any effect on your application.

GS

 

[navkaur]

thanks GS,
Can you send me your chat id or email so that i get more knowledge. Pls.

 

[GS_Stud]

Sent my contact details in a PM.

GS

 

[enxhibenxhi]

Hello Guys

My father doesn't have so much money on his personal bank account but he is a shareholder in a company and both his partner and my father have decided to support me economically for my tuition fees.What should I declare to make the study permit visa understand this situation?
And something else : MOney aren't in my account...would that be a problem?...Please help me..I am running out of time and patient...please help