Proof of funds....in what form?

[rajnik1976]

Hi everyone,

I wonder how an applicant apart from bank statements, fixed deposts, savings certificates etc. can give proof of funds to CIC ?

In our case we have invested our money in property, which we (me & my husband) jointly own. In our bank we only some 5000 CDN$ whereas we need to show some 16,500$ for a family of 3

Can we take into account the property we own?

Please advise.

Regards
RAJNI

 

[S.K]

NO

 

[BobbyB]

Hi everyone,

I wonder how an applicant apart from bank statements, fixed deposts, savings certificates etc. can give proof of funds to CIC ?

In our case we have invested our money in property, which we (me & my husband) jointly own. In our bank we only some 5000 CDN$ whereas we need to show some 16,500$ for a family of 3

Can we take into account the property we own?

Please advise.

Regards
RAJNI

Yes, depending on the CIC- Visa office responsible for your application. London accepts property as proof of funds.
You will need to have the property evaluated though.

 

[nimmiboy]

Hi everyone,

I wonder how an applicant apart from bank statements, fixed deposts, savings certificates etc. can give proof of funds to CIC ?

In our case we have invested our money in property, which we (me & my husband) jointly own. In our bank we only some 5000 CDN$ whereas we need to show some 16,500$ for a family of 3

Can we take into account the property we own?

Please advise.

Regards
RAJNI

As your visa office is New Delhi hence you can't show LAND or PROPERTY as proof of funds.

Regards

 

[rezrahman]

Dear nimmiboy - do you know what is applicable for Singapore office? Take care.

 

[rajnik1976]

Thanks Nimmiboy & others.

My wife has some 5000 CDN$ in her provident fund account......she can get this money after she leave the job so my question is Can we show this as a proof of funds.

We can get a certificate issued from Provident fund authority and attach them our application to CHC - New Delhi.

Please advise.

 

[meena]

See article below which shows your Land or Property can be part of Funds:
Funds

Indicate the amount (in Canadian dollars) of unencumbered, transferable and available funds that you have. This amount can include the value of any property that you own, but should not include jewellery, cars or other personal assets.

Also see it on: http://www.cic.gc.ca/english/information/applications/guides/EG74.asp

 

[rajnik1976]

Thanks Meena

This answer my query in a great manner.