+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Good news regarding FSW and proof of fund - probably

rezasorna

Star Member
May 21, 2013
68
1
There was a change in the page regarding proof of fund (http://www.cic.gc.ca/english/immigrate/skilled/funds.asp) over the weekend. Taking that into account now some stuff make sense. The changed paragraph says

"Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada, or you qualify under the Canadian Experience Class, you must show that you have enough money to support yourself and your family after you get to Canada."

Please note that it say, qualify for CEC, not invited under CEC.

Many of us are qualified under both FSW and CEC, but invited under FSW. So we can conclude that as long as you only qualify for CEC, you don't need to show POF, regardless of the program under which you are invited.

Furthermore, we know while making express entry profile, if you are qualified under both CEC and FSW, regardless of the amount of fund you entered you are still ok for FSW. But if you are only qualified under FSW, then if the amount of fund is below the minimum requirement, then you get disqualified.
This shows the software behind the EE profiles, actually look at you CEC qualification. As long as it is met, then even with zero $ fund you are still eligible for FSW.

I think if this was not the case CIC could only add one line of computer code and make sure only people with minimum fund are eligible for FSW and save itself from a lot of applications which should certainly be rejected.

Seniors here, specially Asivad, please comment!
 

Asivad Anac

VIP Member
May 27, 2015
10,630
1,398
Job Offer........
Pre-Assessed..
True. If you qualify under CEC yet are invited under FSW, you don't need to have all the monies in the bank. You can show supporting evidence including work authorization status, job offer with salary details, pay stubs, tax forms etc towards POF.
 

satya.mnf

Star Member
May 22, 2015
88
1
Hey Asivad, do we need to also show my credit amount balance in addition to the current balance and average balance in last 6 months in one letter?
 

dobes

Champion Member
Nov 23, 2014
1,177
95
Category........
NOC Code......
1123
Job Offer........
Pre-Assessed..
rezasorna said:
There was a change in the page regarding proof of fund (http://www.cic.gc.ca/english/immigrate/skilled/funds.asp) over the weekend. Taking that into account now some stuff make sense. The changed paragraph says

"Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada, or you qualify under the Canadian Experience Class, you must show that you have enough money to support yourself and your family after you get to Canada."

Please note that it say, qualify for CEC, not invited under CEC.

Many of us are qualified under both FSW and CEC, but invited under FSW. So we can conclude that as long as you only qualify for CEC, you don't need to show POF, regardless of the program under which you are invited.

Furthermore, we know while making express entry profile, if you are qualified under both CEC and FSW, regardless of the amount of fund you entered you are still ok for FSW. But if you are only qualified under FSW, then if the amount of fund is below the minimum requirement, then you get disqualified.
This shows the software behind the EE profiles, actually look at you CEC qualification. As long as it is met, then even with zero $ fund you are still eligible for FSW.

I think if this was not the case CIC could only add one line of computer code and make sure only people with minimum fund are eligible for FSW and save itself from a lot of applications which should certainly be rejected.

Seniors here, specially Asivad, please comment!
This makes sense. We've seen that when some people lower their funds to 0 they are disqualified from FSW while others are not. I hope this is true!
 

anujap

Star Member
Dec 19, 2014
91
0
HI Guys

I hv been invited under FSW and met both FSW and CEC. But my work permit is expired so I am going back till PR is processed (keeping the Canadian bank a/c active) . In this case, i have to show POF as per the cic POF list rite for family of 2 ?

Also, I have arranged for additional funds in Indian Bank a/cs. However, does the money needs to be under my husband's name only as he is principal applicant or i can also show it in my separate a/c.