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Gift Deed Question

Kitua85

Star Member
Aug 2, 2015
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Hi All,

Can you kindly advise me on the process of doing a gift deed? Is it done by the court or a by a lawyer?
My family whom want to gift me the money live in the US while I live in the UK, how will it be possible for the both of us to sign the document?

Thank you in advance
 

Asivad Anac

VIP Member
May 27, 2015
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There is a workaround and, as with all workarounds, it's not 100% idiot-proof.

Get them to send you a signed self-declaration that they are gifting you the money for the express purposes of settlement in Canada. They must explicitly mention that this is not a loan hence need not be returned to them at any point in time. Also ask them to mention all possible transaction details including account numbers, names, wire transfer reference number, date etc. This letter can be on a regular A4 paper as it is just supporting documentation.

Get a letter from your bank which has all possible details required by CIC including 6 month average balance (you'll find the required details in your personalized checklist or here ---> http://www.cic.gc.ca/english/resources/tools/perm/express/intake-complete.asp). If the bank refuses to mention the average balance, ask them to mention the monthly opening/closing balances for the past 6 months. If even that isn't possible, attach 6 month bank statements which are duly signed/stamped by your bank authorities.

Clearly showcase the debit from their account and credit into your account of the same amount/date/transaction number etc to prove that the physical transfer of monies happened exactly as mentioned in the signed self-declaration.

On top of all this, attach an LOE wherein you connect the dots to explain the meaning and purpose of all these documents to the officer.

Hope that clarifies. All the best!
 
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Kitua85

Star Member
Aug 2, 2015
117
10
Job Offer........
Pre-Assessed..
Thank you very much Asivad

I clearly understand what to do now

Quick question

I have just re-activated the bank account which has had no activity since 2010
My day to day account which was my first choice of account is in my country of Abode (Uk)
however due to the governments lock down on foreign exchange in my country of origin (Nigeria)
My settlements funds will be a gift from my family which I intend to support with an LOE
it has not been possible for my family to transfer the gift money into my overseas account
hence my decision to re-activate my account in Nigeria

In this case I will be showing only 7 weeks on my account been credited with the gift funds by the time I apply
what is your take on this? do I proceed with the notarized gift deed and and LOE or do I hold on and apply later?
 

Asivad Anac

VIP Member
May 27, 2015
10,630
1,398
Job Offer........
Pre-Assessed..
Kitua85 said:
Thank you very much Asivad

I clearly understand what to do now

Quick question

I have just re-activated the bank account which has had no activity since 2010
My day to day account which was my first choice of account is in my country of Abode (Uk)
however due to the governments lock down on foreign exchange in my country of origin (Nigeria)
My settlements funds will be a gift from my family which I intend to support with an LOE
it has not been possible for my family to transfer the gift money into my overseas account
hence my decision to re-activate my account in Nigeria

In this case I will be showing only 7 weeks on my account been credited with the gift funds by the time I apply
what is your take on this? do I proceed with the notarized gift deed and and LOE or do I hold on and apply later?
It appears you don't have a choice but to do it this way. Apply, explain as earnestly as possible on the LOE and hope for the best.