How much funds should my parents have in their account?

[maplemasala]

I'm applying for a visitor visa for my parents to visit Vancouver. They are both retired bank employees. I will be funding 100% of the trip including the tickets.

My dad has C$3000 in their savings account statement (although there's more funds in other investments). They will be visiting for 30 days. I personally have ~$20k in my account.

• Would $3000 in my dad's account be enough for visitor visa?
• Should I present my mother's savings account statement as well?

 

[Naturgrl]

I'm applying for a visitor visa for my parents to visit Vancouver. They are both retired bank employees. I will be funding 100% of the trip including the tickets.

My dad has C$3000 in their savings account statement (although there's more funds in other investments). They will be visiting for 30 days. I personally have ~$20k in my account.

• Would $3000 in my dad's account be enough for visitor visa?
• Should I present my mother's savings account statement as well?

If PR or citizen, consider a supervisa so your funds, not parents are included. $3k is not much for a 30 day visit for 2 people. People with $20k cash for two people are refused. May want to just ask for a one or two week visits. Your funds can be included but IRCC may not consider your funds.

 

[maplemasala]

If PR or citizen, consider a supervisa so your funds, not parents are included. $3k is not much for a 30 day visit for 2 people. People with $20k cash for two people are refused. May want to just ask for a one or two week visits. Your funds can be included but IRCC may not consider your funds.

Thank you so much for your reply I'm a PR btw. But I heard the processing time for super visa is very long, and also the medical checks can be tricky since they're elderly people (both aged between 60-70). Also, I know they will never agree to stay more than a month due to their connections back home. Given all this, is super visa a good option?

Also, lets say their visit is 2 weeks, how much funds would you recommend? My dad has money in other accounts, maybe I can show those statements as well.

 

[Naturgrl]

Thank you so much for your reply I'm a PR btw. But I heard the processing time for super visa is very long, and also the medical checks can be tricky since they're elderly people (both aged between 60-70). Also, I know they will never agree to stay more than a month due to their connections back home. Given all this, is super visa a good option?

Also, lets say their visit is 2 weeks, how much funds would you recommend? My dad has money in other accounts, maybe I can show those statements as well.

$10k cash per person but just an estimate. They need to show they can afford to visit and not use all their funds. They also need to show ties to return (jobs, income properties etc.).

 

[maplemasala]

$10k cash per person but just an estimate. They need to show they can afford to visit and not use all their funds. They also need to show ties to return (jobs, income properties etc.).

Got it. So $10k per person for 2 weeks means approximately $1000/day per person, correct? Just curious, does IRCC release official guidance on minimum fund required?

 

[Naturgrl]

Got it. So $10k per person for 2 weeks means approximately $1000/day per person, correct? Just curious, does IRCC release official guidance on minimum fund required?

No, there is no set amount but people are refused showing $10k per person. This would include airfare, spending, health insurance etc. The key is to show enough cash in the bank without seeming using all their savings to visit Canada.

 

[maplemasala]

No, there is no set amount but people are refused showing $10k per person. This would include airfare, spending, health insurance etc. The key is to show enough cash in the bank without seeming using all their savings to visit Canada.

Makes sense. Is it okay for me to send my money to their account in case they don't have enough in theirs? I don't plan to do this, but I have no idea how much money dad has. So just asking in case they don't.

 

[Naturgrl]

Makes sense. Is it okay for me to send my money to their account in case they don't have enough in theirs? I don't plan to do this, but I have no idea how much money dad has. So just asking in case they don't.

That will raise red flags if money is dumped into their account and doesn’t show a steady balance over 4 months. Money has to be accounted for so best not to and show your bank statements. As important as funds are ties to return home - jobs, income property etc.

 

[Prakaashankar]

No, there is no set amount but people are refused showing $10k per person. This would include airfare, spending, health insurance etc. The key is to show enough cash in the bank without seeming using all their savings to visit Canada.

Just confused here earlier it says recommended to show $10000/person is enough but again I see this would not be sufficient. So is it like on top of showing cash or $10000 if they show other immovable assets value would work please advise

 

[Naturgrl]

Just confused here earlier it says recommended to show $10000/person is enough but again I see this would not be sufficient. So is it like on top of showing cash or $10000 if they show other immovable assets value would work please advise

IRCC wants cash in the bank, not immovable assets.

 

[Prakaashankar]

Got it so cash of at least $10000 / parent is that correct. Part I don’t understand what you said was people refused after showing $10000 / person can you shed some light on

 

[Naturgrl]

Got it so cash of at least $10000 / parent is that correct. Part I don’t understand what you said was people refused after showing $10000 / person can you shed some light on

People are refused for having $10k minimum.

 

[maplemasala]

People are refused for having $10k minimum.

My parents are saying they should have ~$200k in fixed deposits and such. These are accounts they can withdraw with one click. But the problem is, since they haven’t deposited or withdrawn any money from it in the last 6 months, they bank doesn’t show the balance in recent statements. A quirk with this bank I guess.

Is it acceptable to show a document the bank provides on-demand which declares the accounts have maintained >$200k on average over the last 6 months?

 

[Prakaashankar]

People are refused for having $10k minimum.

So if they are refused for $10k / person how much is the cash IRCC expecting each applicant to show for super visa. How much funds sponsor should show why is this so complicated what is the Dollar figure they are expecting to show.

 

[canuck78]

So if they are refused for $10k / person how much is the cash IRCC expecting each applicant to show for super visa. How much funds sponsor should show why is this so complicated what is the Dollar figure they are expecting to show.

There actually isn’t a set amount the whole profile is considered.