Six month one would do.Rav@1 said:For FD as a proof of Funds, a six month FD will do or should it be for a longer period?
Just provide the bank letter, the statements are not required.beogradjanin1 said:Hello, everyone! I just got 600 points from my nomination so I am expecting to get ITA next month. I am working in Canada and what I understood is that I do not have to provide proof of funds. However, just to be safe I will do that, my question is do I need to provide and a bank statement or just letter from my bank? Thanks!
Thanks a lot!DelPiero07 said:Just provide the bank letter, the statements are not required.
Cheers
No, not as POF for your PR application submission.aelhadidy said:if i have a cheque payable to me for the amount required, is this proof acceptable to CIC?
My points reduce if I add her in my PR application.kryt0n said:Why isn't your wife accompanying you?
Thank you Stanlee!Stanlee said:As long as you can explain the same with supporting documents, you are good to go.
The amount you declared in your EE profile is the minimum you will bring. Having more than that is fine.Sluffy said:Stupid question, but
When submitted EE profile, I stated 13000 CAD as funds
This amount was automatically saved and transferred to application after I received ITA.
But if my bank statement will declare 14000 CAD (for example), should I amend those 13 000 CAD in my Application to the actual amount? Or just bigger sum is ok?
I don't feel very confident about doing it due to changing USD/CAD rate. Who knows will it be 1.3 or 1.0 in the next 6 months.
hsinxh said:My points reduce if I add her in my PR application.
How is this scamming if the system allows this? what is your point here?kryt0n said:
So you're just leaving her in your home country??
MY points drop with my boyf on it but I'm not scamming the system by adding him later after I get PR.
What is wrong with you people?!?!?!
hsinxh said:How is this scamming if the system allows this? what is your point here?
And what makes you think that its easier to just add her later after I got PR? she has to go through all the procedures like I am doing right now.
I asked in January 2016 if equity tied up in my house was acceptable, and was told no. It has to be 'liquid', readily accessible and in a currency easily converted to CAD.Belgiancouple1986 said:I don't remember what exactly was asked but I probably said yes to having the funds because I thought that our house we own also counted.
I even just found a link stating it does on a form but I already read the form and everyone says it doesn't count unless you have a proof that you already sold it.
So, according to you, I should even get out of the pool then untill I have the liquid funds on my account and then re-enter the pool...
Underneath text from link, also from this form somewhere:
Real Estate: Money in property is probably the most widely used proof of funds. Many people plan to sell property owned in their home country before landing in Canada and will use the equity to establish themselves.
This is totally acceptable by CIC and they appreciate that you may not have actually sold the property at the point you are required to supply this information and make allowances for this.
You will be allowed to supply a mortgage statement from your lender stating how much money is owed on the property. You should then get your property valued by three independent companies. These can be real estate agents, property valuation companies, your mortgage lender etc. Make sure you get the valuation on letter headed paper and signed.
If you send both the mortgage details and the valuations the CIC can see how much equity you have available.