My understand of the instruction is that you cant. Shares can lose value at any minute, so they must be liquidated.
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
regards
Express Entry in a nutshell
- Thread starter rajkamalmohanram
- Start date
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
regards
Can you share any format of letter for notarizing from my wife for her accounts ?
I have quickly drafted one for you. Feel free to edit and improve:
AFFIDAVIT
I, (Full name), (Passport Number);
Born on the (day) of (month) (year);
Residing at (Full address);
do hereby solemnly affirm and state on oath the following: -
My spouse (full name) and I are planning to immigrate to Canada. Therefore, I give my full consent to the use of funds amounting to $00000, in my account (bank, account number), for our immigration.
Signed: ………………….………….
Singed Before me at (Place), on this (day) of (month) (year)
Name of Notary: ………………………………………………
Signature: ……………………………………………………...
Notary stamp
Thanks!
Do I also need to show my loans in these documents ? I recently took a car loan and not sure if I need to show documents on that as wel ? If yes, will it be impacting my application in respect to funds and in that case , should I should more funds then the required from CIC ?
Thanks for your reply.
I was reading on CIC website and could get these details.
_________
How much money you should bring
Research how much it costs to live in the place where you plan to settle in Canada.
Bring as much money as you can to make moving and finding a home in Canada easier. Canadian customs regulations require you to declare if you're bringing more than CAN$10,000 into Canada. If you don't tell them, you may be fined, and your funds could be seized. This includes:
- cash
- documents that show property or capital payable to you, such as:
- stocks
- bonds
- debentures
- treasury bills
- documents that guarantee payment of a set amount of money, which are payable to you, such as:
- banker's drafts
- cheques
- travellers’ cheques
- money orders).__
It seems that the stocks are allowed till the time we get a reference letter from Financial Institution.
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
Please confirm.
No, you don't need to show loans. Most people don't - the important thing is the amount of time your funds have been in your account. If you have the money sitting for more than six months, then you don't need anything besides your bank statements. If you recently got money, you need to show the source.Thanks!
Do I also need to show my loans in these documents ? I recently took a car loan and not sure if I need to show documents on that as wel ? If yes, will it be impacting my application in respect to funds and in that case , should I should more funds then the required from CIC ?
If the loan is with the same bank as your funds you must mention it. If not you can leave it out. Depending on the amount, it may affect your application. If possible clear the loan before providing proof of funds.Thanks!
Do I also need to show my loans in these documents ? I recently took a car loan and not sure if I need to show documents on that as wel ? If yes, will it be impacting my application in respect to funds and in that case , should I should more funds then the required from CIC ?
Regards
This is talking about things you must declare when entering Canada not Proof of Funds.
Hi @21Goose , congrats on you PPR. Hope you are enjoying Canada.
Thank you. I spent a few days in Canada and am currently back in the US wrapping up things before we move for good in October. I really liked Toronto and am looking forward to moving
That's good to hear. Please share your experience with the officers at the immigration port. What did they ask for, POF etc?Thank you. I spent a few days in Canada and am currently back in the US wrapping up things before we move for good in October. I really liked Toronto and am looking forward to moving
Hello @TanakaM,
I have a quick question, i have just found out that i have put wrong score in Writing section of IELTS for my Spouse, it is affecting my CRS score to 455 from 457
CRS cut off 12Jul17 440.
my scores 457 for which i have received the ITA.
what would be the best option.
i m thinking to change/correct it in the profile and then explain it in LOE.
thanks in advance.
I have a quick question, i have just found out that i have put wrong score in Writing section of IELTS for my Spouse, it is affecting my CRS score to 455 from 457
CRS cut off 12Jul17 440.
my scores 457 for which i have received the ITA.
what would be the best option.
i m thinking to change/correct it in the profile and then explain it in LOE.
thanks in advance.
Yes, your thinking is correct. This is not a big issue, so just change it and explain in the LOE.
All the best
Hello,
just a little worried after reading the below somwehere in one of the threads.
according to CIC ,
"Candidates are responsible for ensuring that the information in their Express Entry profile is up-to-date and accurate at all times.
Candidates’ Express Entry profile is automatically “locked” when they are issued an ITA. Candidates can only revise their profile information if they formally decline the ITA through their online account; however, their information may be updated in their APR. When a candidate declines an ITA, they are automatically returned to the pool and will be able to update their profile information, as they wait for a new ITA.
If a candidate realizes after having been issued an ITA that their circumstance has changed or that the information in their profile, on the basis of which they were issued an ITA, is no longer accurate, the candidate is instructed to recalculate their CRS score using the Express Entry calculator on the IRCC website. Examples of changes in circumstance that can impact a CRS score are listed below.
Where there is a change in circumstance and the candidate goes forward with submitting an APR, the candidate must ensure that the change in circumstance is properly reflected in their APR (i.e., the candidate must amend the information that was automatically transferred from their profile to their APR before submitting their application).
As per the Express Entry Ministerial Instructions, candidates are encouraged to decline an ITA if their change in circumstance negatively impacts their eligibility such that they no longer meet the MEC of the federal immigration program to which they were invited to apply, or if their recalculated CRS score falls below the lowest ranked candidate in their round of invitations. Applicants who cannot provide proof of the information provided in their profile, on the basis of which they were invited to apply, will be refused on section A11.2 and assessed for misrepresentation. Cost recovery fees will not be refunded.
Examples of change in circumstance that would impact a candidate’s CRS score
Changes that could increase a candidate's CRS score:
Graduation from a higher level of schooling;
Reaching an additional year of Canadian work experience;
Obtaining a certificate of qualification
Improved language test scores.
Changes that could decrease a candidate's CRS score:
New language test score sat a lower level (e.g., original scores expire and candidate retakes the test, with lower results);
Loss of a qualifying offer of arranged employment.
Change that could either increase or decrease a candidate's CRS score:
Addition of a spouse or common-law partner, since an applicant’s CRS score may increase or decrease, depending on the spouse or partner’s own human capital.
Change for which candidates are not penalized for losing points:
please check and guide me as my CRS will be changed from 457 to 455.
thanks