Hello guys, do you have any idea about making a gift deed here in Canada. Will there be any problem if my sister gives me money? I heard someone saying gift deed should be made only through parents, is this true? My sister wants to gift me money as I don't have enough funds in my account.
Gift deed
- Thread starter Sabeen99
- Start date
Yes, it worked for me. We just prepared a letter, provided all details ( bank account information, transaction slip, cheque)@Sabeen99 can you confirm whether it worked, My friend is in a similar situation and he is expecting a gift deed from his sister.
Thanks in advance.
I got PPR within 2 months.
The letter was on plane paper, we both signed the letter, no affidavit was done,
I heard that in case of Express Entry, the amount which you received by gift deed should stay in bank at least for 6 months and your bank statement should reflect it. Is it right?Yes, it worked for me. We just prepared a letter, provided all details ( bank account information, transaction slip, cheque)
I got PPR within 2 months.
The letter was on plane paper, we both signed the letter, no affidavit was done,
I heard that in case of Express Entry, the amount which you received by gift deed should stay in bank at least for 6 months and your bank statement should reflect it. Is it right?Yes, it worked for me. We just prepared a letter, provided all details ( bank account information, transaction slip, cheque)
I got PPR within 2 months.
The letter was on plane paper, we both signed the letter, no affidavit was done,
If it stays in the bank during past 6 months, there is no need to provide gift deedI heard that in case of Express Entry, the amount which you received by gift deed should stay in bank at least for 6 months and your bank statement should reflect it. Is it right?
No that's incorrect, you need to have a gift deed if there is sudden influx of huge amount of money in your account.I heard that in case of Express Entry, the amount which you received by gift deed should stay in bank at least for 6 months and your bank statement should reflect it. Is it right?