Hi, I am on the verge of submitting my PR application in few days. I have Medicals complete and all required docs to hand.
I am from the uk and am a province nominee for PEI.
Many people have different views on my question.
Question is, I am using my empty property as my settlement funds. I have 4 official evaluations stating property is worth £430,000 or more and a mortgage balance letter from bank saying balance is only £165000. That's almost $500,000 cad equity if convert.
I've even got an official letter from my estate agent confirming offers are waiting to be tabled, hence quick and guaranteed sale.
Lastly I got my lawyer to do a legal declaration stating prior to landing at port of entry there will be in excess of $450,000 funds available and will be shown at port of entry.
Many people have said if from uk this works but some people mainly from outside uk say you can't do this.
I have no choice but just for a peace of mind, I'd like to know others opinions.
Thanks
I am from the uk and am a province nominee for PEI.
Many people have different views on my question.
Question is, I am using my empty property as my settlement funds. I have 4 official evaluations stating property is worth £430,000 or more and a mortgage balance letter from bank saying balance is only £165000. That's almost $500,000 cad equity if convert.
I've even got an official letter from my estate agent confirming offers are waiting to be tabled, hence quick and guaranteed sale.
Lastly I got my lawyer to do a legal declaration stating prior to landing at port of entry there will be in excess of $450,000 funds available and will be shown at port of entry.
Many people have said if from uk this works but some people mainly from outside uk say you can't do this.
I have no choice but just for a peace of mind, I'd like to know others opinions.
Thanks