Income

[enigmatic99]

Hello guys, I've a question, I am living in Canada since 2 years. I am planning to apply for PR through express entry. I have no income during these 2 years period(I was on study permit).

So if they send me an invitation to apply, I need to show income/bank balance. So at that time can I show my bank transaction or statement of balance of my bank back home?

 

[DelPiero07]

You don't need to show income but you do need to show that you meet the minimum required funds.

 

[enigmatic99]

So do I need to show bank transaction for 4 months period as of that they ask for study permit or just bank balance statement paper showing enough fund would be okay?

 

[DelPiero07]

If you're looking to provide bank statements then you'd have to provide the most recent 6 months.

The requirement is a bank letter following IRCC's guidelines though.

 

[mhentry]

I am applying from USA for EE. Is it okay if I show my Proof of Fund in USD ? or do I need to show it in CAD ?

 

[enigmatic99]

If you're looking to provide bank statements then you'd have to provide the most recent 6 months.

The requirement is a bank letter following IRCC's guidelines though.

What else can I submit as a proof of fund except bank statement letter?

 

[DelPiero07]

I am applying from USA for EE. Is it okay if I show my Proof of Fund in USD ? or do I need to show it in CAD ?

USD is fine. I cannot answer your other question as I do not have much context on where you have the funds and how you're planning to prove you meet the required funds.

 

[enigmatic99]

I am applying from USA for EE. Is it okay if I show my Proof of Fund in USD ? or do I need to show it in CAD ?

Hello Mhentry, yes USD should be fine.

 

[enigmatic99]

If you're looking to provide bank statements then you'd have to provide the most recent 6 months.

The requirement is a bank letter following IRCC's guidelines though.

I just read in CIC website, if you are authorized to work in canada you don't need to submit proof of fund. As have Post graduate work permit in Canada. Do I need to submit proof of fund when I apply for PR through express entry?

 

[DelPiero07]

Yes, unless you are a CEC applicant.

 

[mhentry]

USD is fine. I cannot answer your other question as I do not have much context on where you have the funds and how you're planning to prove you meet the required funds.

Thanks for the reply. I am funds in a chase checking account. I wil be showing from that.