+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Do I really have to take the money which I mention to Canada or just the minimum required?

BinarySingh

Member
Jun 5, 2019
16
0
I have received an ITA and while filing the form there is a question asking "How much money (in Canadian dollars) will Gurmeet Singh bring to Canada to support themselves and their family?"

At present, I have about CAD 62,776 in my bank account as per the bank statements received from the bank. But I might end up spending about 10,000 CAD by the time I land.

My agent is saying that the amount to be entered into the field must be according to the bank statements. And at the time of landing, I just need to take the amount mentioned in the table https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html

Also, I have an ongoing loan of about CAD 24,000.

Whatever my agent is saying is that correct? How much amount must I mention now? 62,776 or the amount that I think I might be actually able to take with me at the landing time.

The second question, will the loan impact the application in any way?