Need help AGAIN!!! Can business account statement be submitted?!

[Zazu]

Hi Guys,
It's me again with my endless questions
I was wondering can I use my business account last 6 month statement to CIO?! My business account simply has more money in it But it is all available liquid cash and it is on my name...
Thank you in advance!

 

[saki]

Hi,

I never heard from anyone showing the business statement but i think you can show it as business is owned by you and if you move to Canada you will close the business so in short whatever you have invested in your business is yours. Just make sure that you have atleast the minimum amount in your account until you get your visa.

Cheers
Saki

 

[datuganol]

I agree with saki. Since the account is also under your name, that means you have the sole control over it. But be careful, you may have to deduct the liabilities and encumbrances, if you have, of your business to get your net worth. Just a thought.

Good Luck!

 

[destinationBC]

NO YOU CANNOT and dont even think about using it only Saving A/c,Fixed deposit,Mutual fund ,Even Insurance is secondary,