Please Help, Salary low, but bank account maintained for whole year!!! Should i still need to make GIFT DEED

[jawad.915]

Hello,

i got ITA now im worried about proof of fund. my monthly salary is 500 dollar, my father gave me approximately 15000 dollars over a year ago.
Now people are saying that i will just have to show 6 month bank statement and not a gift deed, but im worried that if IRCC could back-calculate that with my salary then they might think of it as misinterpretation as 2 years of working cannot justify 15000 dollars.

Please advice that what should i do right now? Some amount was deposited through cash while some were through cheque.

 

[prkartik]

Hi,
It is good to provide gift deed to prove the source of funds.Showing huge amount of money without source of funds is a red-flag.

 

[hamgha]

Hi,
It is good to provide gift deed to prove the source of funds.Showing huge amount of money without source of funds is a red-flag.

no need for a gift deed in this case.

 

[hamgha]

Hello,

i got ITA now im worried about proof of fund. my monthly salary is 500 dollar, my father gave me approximately 15000 dollars over a year ago.
Now people are saying that i will just have to show 6 month bank statement and not a gift deed, but im worried that if IRCC could back-calculate that with my salary then they might think of it as misinterpretation as 2 years of working cannot justify 15000 dollars.

Please advice that what should i do right now? Some amount was deposited through cash while some were through cheque.

bank statement is indeed enough. the whole goal is to not borrow money for immigration and just get there and be on welfare. if your dad gave you money over a year ago, it's fine.

 

[Wrath]

Hi there I too got my ITA recently. But at the moment am not working since past 4 months coz I quit my job. I have 1yr of Canadian work experience. So am applying under Canadian experience class. Will there be any problems further in my PR processing coz I dont have any job at the moment. Also my funds are decent in my account approx 19k CAD$. My dad has sent me money over span of 4 mnths around 4k. So will it be a concern?

 

[jawad.915]

bank statement is indeed enough. the whole goal is to not borrow money for immigration and just get there and be on welfare. if your dad gave you money over a year ago, it's fine.

Thank you Sir, so they only require proof of fund and not source of fund?

 

[jawad.915]

Hi there I too got my ITA recently. But at the moment am not working since past 4 months coz I quit my job. I have 1yr of Canadian work experience. So am applying under Canadian experience class. Will there be any problems further in my PR processing coz I dont have any job at the moment. Also my funds are decent in my account approx 19k CAD$. My dad has sent me money over span of 4 mnths around 4k. So will it be a concern?

brother we all are express entry candidates, i think you should seek advice from somewhere else. rules could be different for Canadian experience class

 

[canuck78]

Nothing wrong with a gift deed to show that you didn’t take a loan. Given your salary it is pretty unlikely that you would be able to save all that money. CIC wants to make sure that this is not a loan and the money is yours to keep.

 

[hamgha]

Thank you Sir, so they only require proof of fund and not source of fund?

i'm not a sir...
they might ask for source of funds especially if you suddenly got all the needed money a month before applying.

 

[jawad.915]

i'm not a sir...
they might ask for source of funds especially if you suddenly got all the needed money a month before applying.

Sorry for calling you sir. My people do this out of respect. Thanks for responding to my queries

 

[hamgha]

Sorry for calling you sir. My people do this out of respect. Thanks for responding to my queries

i'm a woman