patelbhavik
Star Member
- Feb 10, 2014
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Paddy78 said:You need to mention details of Assets and liabilities and that will be helpful when you settle in Canada and wish to sell off your assets and transfer money to Canada and income tax there normally asks for the same.
For settlement funds, it should only be liquid or highly convertible forms eg. Bank FDs, Saving accounts, Share certificates in Demat, PF funds which are as good as cash deposits.
Rest is you can have other's opinions as well. But for sure property wont supplement the need to have minimum settlement funds
Paddy is totally right.