Hi All,
I am not sure why no one has asked this question earlier. I presume that may be everyone other than me knows it. ;D
In the form IMM 0008 (05-2013)E Schedule 3, point no:11.
Assets means total funds I have (FDs, Savings, Gold, Car, Property)
Liabilities means any pending loans etc
Settlement Funds ::: I don't understand that what should be written over here. Is it only Assets-Liabilties ?
If we look at Application Guide it says:"With consideration to your total assets and liabilities, indicate the total amount (in Canadian dollars) of unencumbered, transferable and available funds that you have for settlement in Canada."
But then according to it, Car, property should not be counted as settlement funds?
I have liabilities = 0 but I have Car in my assets.
What figure should I fill in Settlement funds?
only assets or assets-car price?