qorax said:
Proof of 'Landing' Funds:
-Do we take the Bank Statement or otherwise ?
How Much needed to Show at the Airport/POE :
No. of Pax ........... Funds Reqd-CAD
1 ....................... $11,086
2 ....................... $13,801
3 ....................... $16,967
4 ....................... $20,599
5 ....................... $23,364
6 ....................... $26,350
7 or more ........... $29,337
Is it necessary to carry the P.O.F. while 'Landing' ?
100%. A part of the 'Record of Landing' "Interview" is to ensure 'sustainability' in Canada by the applicant. The IO must ensure that you carry enough funds [based on LICO] which will help you settle easily, w/out any burden on Canadian Social Services. Remember, except for 'refugees' under the Refugees Protection Act, Canada doesn't offer financial assistance for any other categories of applicants.
Irrespective of the no. of family members performing the 1st landing, the entire POF [as per the chart above] must be shown to the IO at the POE. Subsequent 'landings' by the 'accompanying dependents' do not need to show the POF.
That means, whether the PA alone or one or more of his family members are 'landing' for the 1st time, the above funds are required. It's another matter whether the IO at the POE doesn't ask for it [very often that happens]. But, w/out the POF our entry can be 'Denied'.
Bank Statement/s as POF:
This issue has been dealt in detail [recurs frequently] here. The fact remains that we will actually need those monies once we land. Under avg, & usual circumstances -the POF described by the CIC is a necessity to survive in Canada, w/out a job, for approx. 6 months. Thus, in all earnestness we 'must' carry the 'landing funds' in a 'liquid' format* -easily accessible anytime upon landing.
Now, not all Bank Statements would be acceptable for 'landing'. There are instances when a Bank Statement was negated and the applicant was denied entry. I learnt it from the various forums & listening to the experiences of some families in Canada. Most 3rd world bank's statements will not be acceptable. Some examples were given, but I refrain to put-it-up here.
However, the statement/s of banks from UK, US, Norway, ANZ etc. were accepted in quite a few cases [I know of one personally]. Also, statement/s of International Banks [having a presence in Canada] were acceptable, viz. HSBC, Stanchart, RBC etc. But again, one case stated that their Citibank Statement was not accepted.
Now, here's a dichotomy. Our landing is supposed to be one of the most beautiful experiences of our lifetime. We have given our entirety to this process, didn't we? Something we had been looking forward to -for quite sometime now. What if a particular IO refuses to accept our bank statement?
Well, we have learnt that many of the bank's statement they do accept, but what if? And then, would we be running around towards all the possible hierarchy in the CBSA at the POE for a solution -which might come by, for sure? But won't that mar the thrills of our 'long-awaited-anticipated' first-foot into the Canadian soil? Do we take that chance? Is it that important to carry the bank statement than expect to come-out of the airport, with the family & kids, in 30-45 minutes, smoothly?
*I recommend carrying them in 1)Some Cash, 2)TCs & 3)a Bank Draft [it takes about 30+ days to encash that]. -all the 3 formats [only], No Bank Statement/s.
Note: Also to reiterate that all Immigration Consultants will tell you to carry 'only' one or more of the 3 above. They wouldn't advice you to take a bank statement, why? -Check-it out with some of them.
I hope that helped...
Qorax
Ps: This is just a personal opinion. Others may differ & offer a better advice.
Hi Quorax. I do and I believe a lot of forum members appreciate your exposition on proof of landing fees. I just discovered this subject on POF. I recently applied for FSW 2013 on NOC code 2134(chemical engineering). my application was received at CIC/CIO Friday, Sept 6 2013 and received my PER on Thursday, Nov 28 2013. My DD fees was encashed on Thursday 21, 2013. In the PER letter sent by CIO my application will be sent by CIO to my visa office which in this case is Canada high commission (CHC), Accra, Ghana in Africa, that is AVO(accra VO). However I will like some information on the following:
1. Do I need to present the whole POF at the POE. in my case its family of 4 (myself, wife(spouse), 2 children(a boy and a girl). The amount for family of 4 is CAD$ 20,559
2. Must it be in CAD$ or any other currency even my Nigerian currency(Naira) equivalent?
3. Can I present it in fixed deposit bank statements, current bank account balances or savings bank account balances? Can it also be combination of any of this account types?
4. In my application to CIC/CIO in sept 2013, I submitted fixed deposit statement while my spouse presented current account balances. Do we have to continue in this format with VO and also at the POE?
5. Apart from submitting statements to CIC/CIO, do we still need to present statements to VO or will my VO, in this case AVO re-request for POF?
6. At what point will the VO re-request for POF? Is it before MR, when MR is requested, after MR(that is before PPR) or when PPR is requested?
7. Can shares/stocks certificates, pension statements, landed property receipts, vehicle asset receipts and other assets receipts be presented in addition to bank statements, certificates, balances to VO and at the POE? Will these assets be accepted by VO and POE? Please state those that will be accepted and rejected and any other assets you think is acceptable.
8. can any of the assets above be in addition to the minimum amount for family of 4, which in my case is CAD$20,559 or can it be half-way which is half cash in form of bank statements and certificates and assets(fixed) such as stocks, landed properties, pensions etc as stated above in (7)?
9. what time-frame of statements are usually requested for at the VO and at the POE? I mean 1, 2, 3, 4,5 or 6 months bank balances. what about fixed deposits- will 1, 2 or 3 months suffice? Are they not particular about range, just present balances that equals or above the minimum stipulated for family size. I ask so that I will know when to start building up mu accounts.
10. Though it may seem difficult to predict, but I know u are a guru having studied your analyses on issues. When do you think my application will be forwarded or transferred to AVO and ultimately when will I get response from the AVO for MR, PPR and visa issuance? This is asked against the backdrop that the minister promised, and even gazette in may 4 2013 gazette, that henceforth PR starting with FSW 2013 will be processed in 12-month period and already india VO(NDVO), and other VOs such as Beijing, hongkong, some Asian and latin America countries have started issuing MR, PPR and even PRV. Though London VO and accra VO are yet to start issuing MR, PPR and even PRV. What could be causing the delays?
I will appreciate your urgent response.
Cheers,
kit01