Proof of Funds (Express Entry)
- Thread starter ThisIsHoof
- Start date
Guys i will have to issue a new pcc to be on the safe side and it will cause me to submit later with my pof be dated 3 weeks old or more by the time i submit,is that ok?
Hi,
This might be a silly question but is it okay to make transaction from my account after getting the bank letter while maintaining the minimum balance i mentioned on my EE profile ?
This might be a silly question but is it okay to make transaction from my account after getting the bank letter while maintaining the minimum balance i mentioned on my EE profile ?
Guys, I have one quick question to you.
I have sufficient fund in order to settle in Canada, but what if after settling in Canada I would like to borrow some money from my parents (which I don't have any chance to inform the Immigration office after getting ITA).
Is the Canadian Government going to charge any tax on this money?? Do you know their rules??
I'm lost a little bit and need some clarification on this issue.
I have sufficient fund in order to settle in Canada, but what if after settling in Canada I would like to borrow some money from my parents (which I don't have any chance to inform the Immigration office after getting ITA).
Is the Canadian Government going to charge any tax on this money?? Do you know their rules??
I'm lost a little bit and need some clarification on this issue.
Hi seniors can you please help me with my case?
I have
+ Bank account:3k CAD
+ Investment account (Net asset value): 64k CAD
+ Accumulated installment for an under construction apartment: 46k CAD
- Contractual payments to be paid for the apartment: 76k CAD
So even though I have more than what is required for funds at the moment, but when we take the contractual payments into account, it will mean that I have the fund under the apartment value, not cash.
So in this case what should I include in the documents Post-ITA guys? Do I need to have a valuation from independent parties for the under construction apartment?
Thank you so much. Appreciate any advice!!
I have
+ Bank account:3k CAD
+ Investment account (Net asset value): 64k CAD
+ Accumulated installment for an under construction apartment: 46k CAD
- Contractual payments to be paid for the apartment: 76k CAD
So even though I have more than what is required for funds at the moment, but when we take the contractual payments into account, it will mean that I have the fund under the apartment value, not cash.
So in this case what should I include in the documents Post-ITA guys? Do I need to have a valuation from independent parties for the under construction apartment?
Thank you so much. Appreciate any advice!!
funds that are accepted are- saving account, FD, EPF ( if applicable), MFs and Stocks (accepted only after you redeem them), property and other assets such as cars are not accepted. You need to sell these assets and can then count them for POF.Phong8877 said:
Hey friends,
My bank does not issue a bank statement for last 6 months on its letterhead or any letter with its stamp/sign.
What I could do is only download an electronic copy of 6 months statements from my internet banking account and upload as a part of PoF.
Kindly suggest..
My bank does not issue a bank statement for last 6 months on its letterhead or any letter with its stamp/sign.
What I could do is only download an electronic copy of 6 months statements from my internet banking account and upload as a part of PoF.
Kindly suggest..