Hi all,
We are planning to do the "landing" in Dec. Currently we are going for a short stay of 2 weeks to initiate PR card before Visa get expired. Then next year we are planning to move permanently.
As its a short stay I want to keep my funds in Singapore and show the bank statements (as Proof of Funds) mainly to avoid conversion charges ( For a family of 4 - amount to show is ~CAD 22610/- which is ~24500 SGD)
If I make DD of ~CAD 22610 from SGD - the conversion itself will reduce 450 CAD value (banks buy and sell at different rates)
My query is :
1) Can we use Singapore bank statement or Financial Standing Cert as a proof of fund after the landing on port of entry in Canada? Will there be any issues? I will just bring around CAD 1000 (cash) for expenses.
[I can tell IO that I will wire it once I open the account in Canada]
I know some senior members like Quorax have categorically denied to use Statements (also CIC website mentions that only Cash/TC/DD/etc. are acceptable /not the statements)
But source of confusion is some members have said from their personal experiences that even statements are accepted.
Is there any way we can confirm? Can members please share your thoughts?
2) If carrying bank statements is a bad idea - then is it allowed to carry non CAD currency?
Like we can risk carrying whole required Proof of funds as a hard cash in SGD. Will that be accepted?
In a nutshell we would like understand that -
if its straight forward for people who are doing short landing to avoid currency conversion - then we can do it.
(otherwise for few hundreds CAD it does not really makes sense to jeopardize our PR/Landing process after waiting for it for so long).
Thanks a lot in advance.
We are planning to do the "landing" in Dec. Currently we are going for a short stay of 2 weeks to initiate PR card before Visa get expired. Then next year we are planning to move permanently.
As its a short stay I want to keep my funds in Singapore and show the bank statements (as Proof of Funds) mainly to avoid conversion charges ( For a family of 4 - amount to show is ~CAD 22610/- which is ~24500 SGD)
If I make DD of ~CAD 22610 from SGD - the conversion itself will reduce 450 CAD value (banks buy and sell at different rates)
My query is :
1) Can we use Singapore bank statement or Financial Standing Cert as a proof of fund after the landing on port of entry in Canada? Will there be any issues? I will just bring around CAD 1000 (cash) for expenses.
[I can tell IO that I will wire it once I open the account in Canada]
I know some senior members like Quorax have categorically denied to use Statements (also CIC website mentions that only Cash/TC/DD/etc. are acceptable /not the statements)
But source of confusion is some members have said from their personal experiences that even statements are accepted.
Is there any way we can confirm? Can members please share your thoughts?
2) If carrying bank statements is a bad idea - then is it allowed to carry non CAD currency?
Like we can risk carrying whole required Proof of funds as a hard cash in SGD. Will that be accepted?
In a nutshell we would like understand that -
if its straight forward for people who are doing short landing to avoid currency conversion - then we can do it.
(otherwise for few hundreds CAD it does not really makes sense to jeopardize our PR/Landing process after waiting for it for so long).
Thanks a lot in advance.