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Proof of funds (landed by parents)

Elenyan

Hero Member
May 22, 2016
237
76
NOC Code......
1123
App. Filed.......
01-05-2018
AOR Received.
02-05-2018
Med's Done....
09-05-2018
Hi guys,

I am almost finished preparing everything to finally submit my application to the EE. I've been reading requirements for proof of funds statements and it says that the money cannot be borrowed.

I have realized that I am in kind of a complicated situation here, as I personally haven't saved enough so far and my parents agreed to give me a rather substantial part of the required funds. Does it qualify as "borrowed" funds, although it comes from a family member?
(The money are not on my account yet and it will certainly be less than 6 months, so they will be able to see the transfer).

Has anyone been in the same situation? What is a possible solution for this?

Thank you.
 

DelPiero07

VIP Member
Oct 2, 2016
10,388
2,614
Job Offer........
Pre-Assessed..
Get a gift deed. That is a document that states that your parents are gifting you the money and do not expect to get it back from you.

Also, provide proof of transfer.
 

Elenyan

Hero Member
May 22, 2016
237
76
NOC Code......
1123
App. Filed.......
01-05-2018
AOR Received.
02-05-2018
Med's Done....
09-05-2018
Get a gift deed. That is a document that states that your parents are gifting you the money and do not expect to get it back from you.

Also, provide proof of transfer.
Thank you! I am really glad that I don't need to wait for another 6 months :)