needurgenthelp said:
Hi everyone. I came across this forum while trying to research on required proof of landing funds. Firstly, I must say this is a very good forum and I regret not coming across it earlier.
I have a question. My wife and I have got our Canada immigration visa. So as per the proof of landing fund, I need to show 10K CAD right? Now the dilemma is, I am travelling next month and my wife will be joining be a month or two later. In such a case do both of us at the point of entry need to show 10 K CAD each, or should I show 5K CAD and my wife 5K CAD when she lands. I need to re-arrange my funds accordingly before I leave for Canada. So, how do I go about this. Please suggest. Thanks in advance.
Hi friend, first of all the POF for a family of two is $ 14,720 and not 10k... and the Principle applicant needs to show the POF at port of entry. 10k is the maximum cash you can carry without declaring. POF can be in form of bank statements, Travellers cheque etc... Remember you need to show a certain amount of POF during application, which is as per your family composition? CIC says, even if they are not joining you to canada(even if visa not applied) they still are your responsibility, and that is why this POF amount is required. If you have shown the POF, your wife wont need to show it. Quotes from CIC official website...
"Bring as much money as you can to make moving and finding a home in Canada easier. Note, however, that Canadian customs regulations require you to declare if you are bringing more than C$10,000 into Canada. If you do not tell them, you may be fined or put in prison. These funds could be in the form of:
•cash
•documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.) or
•documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders).
"
