Settlement Funds for OOPNP

[Asivad Anac]

Dilbert, thank u for the reply bt it is alryt to provide that letter for a student.visa application. Bt for FSW its a mandate to.show that the funds are entirely urs and not borrowed and not payable to anyone... it shud b under ur name and not even ur father mother...thats the concern

Actually Dilbert is right.

CIC doesn't want your POF to be encumbered. So if there is a letter stating that the funds were gifted to you and do not need to be returned (hence it's not a loan) is sufficient.

 

[preeti.msingh109]

Actually Dilbert is right.

CIC doesn't want your POF to be encumbered. So if there is a letter stating that the funds were gifted to you and do not need to be returned (hence it's not a loan) is sufficient.

So dilbert is right or i m right

Can somebody help me with hw exactly this gift deed letter shud b structured

 

[Asivad Anac]

So dilbert is right or i m right

Can somebody help me with hw exactly this gift deed letter shud b structured

Just format a straightforward "To whomsoever it may concern" letter which establishes your relationship with the donor and mentions the transaction detail (amount, wire transfer ref no, date, bank account details etc) and also mentions that this transaction is NOT a loan but a gift which need not be returned to the donor. This letter signed, in original, by the donor should be sufficient for all practical purposes.

All the best!

 

[preeti.msingh109]

Just format a straightforward "To whomsoever it may concern" letter which establishes your relationship with the donor and mentions the transaction detail (amount, wire transfer ref no, date, bank account details etc) and also mentions that this transaction is NOT a loan but a gift which need not be returned to the donor. This letter signed, in original, by the donor should be sufficient for all practical purposes.

All the best!

And any proof to b submitted to prove my relationshp with the donor..or any proof requiring his national identity or anything ? or just a simple letter wud b fine with a signature

 

[Asivad Anac]

And any proof to b submitted to prove my relationshp with the donor..or any proof requiring his national identity or anything ? or just a simple letter wud b fine with a signature

If it is your parent, no further proof is necessary since that would be covered somewhere in your identity documents and your family details section.

 

[jickson]

Guys, for oopnp under fsw, does the pof need to contain a all the transactions or just a a bank letter showing the balance?

 

[kiran_6sb]

Every one needs to show past 6 months bank statement

 

[journey21]

Every one needs to show past 6 months bank statement

And each of those past 6 months has to meet the minimum level of funds or exceed it.

 

[jickson]

And each of those past 6 months has to meet the minimum level of funds or exceed it.

Is this true? Each of the past 6 month final balance must exceed the LICO minimum? If that's the case then I'm scr**d

I'm already in Ontario, does that change anything?

 

[dimbo888]

Anyone knows if it would be ok if i just transfer the money from my line of credit to my chequing account? i have been living in ontario for 7 years now and working here full time too but currently my job is not in NOC O,A or B and no LMIA as well..so arranged employment might not work but im making enough money for a living in ontario.any suggestions anyone

 

[milo2015]

Hi
i showed around $5000 less but then i added my permanent job income as well which elevate funds 5x times what opnp require. I am fine so far. I got file # 2 weeks ago and have not yet got any notification to show more.
In my assets i declare car i have thats my daily commute.
p.s 4.5 years in Canada and apparently settled.

 

[Indian applicant]

Anyone knows if it would be ok if i just transfer the money from my line of credit to my chequing account? i have been living in ontario for 7 years now and working here full time too but currently my job is not in NOC O,A or B and no LMIA as well..so arranged employment might not work but im making enough money for a living in ontario.any suggestions anyone

You do not have to show that you have these funds if:

you have a valid offer of arranged employment in Canada AND
you are currently working or authorized to work in Canada.

 

[preeti.msingh109]

If it is your parent, no further proof is necessary since that would be covered somewhere in your identity documents and your family details section.

Thank u, it helped. +1

 

[dimbo888]

Hi
i showed around $5000 less but then i added my permanent job income as well which elevate funds 5x times what opnp require. I am fine so far. I got file # 2 weeks ago and have not yet got any notification to show more.
In my assets i declare car i have thats my daily commute.
p.s 4.5 years in Canada and apparently settled.

Thanks for your info..does it matter if my job is not NOC A,O or B?

 

[sweta1125]

Hi Everyone,

For proof of funds can I provide bank statements in my Spouse name, if he is accompanying me?