Should I have to show the funds with my application or latter as they require.

[basnedss]

Dear Freinds,

Please let me know;
1. Should I have to show the required funds right with the application or latter as they requires.
2. If it is mandatory to show the funds with application can I use these funds later after application received by CIC

They takes too much time for processing so how come it is possible to place the funds just for this cause for years.

Br,
Sajid.

 

[karankohli]

Basically you show the total funds liquid and non liquid though funds in liquid will only be counted. The whole point is you have spared 12000 CAD for your immigration which is laying aside for your application.

You can use the funds after declaring in the application and if asked for further clarification down the line which hardly happens, you have to show the same.

Keep in mind that this requirement is only there to prove that you won't be dependent on welfare, disability etc. So you have to make them satisfied in this regard.

Right now, get a certificate from your bank for the savings or current account you have and a Chartered accountant statement of assets and liabilities(balance sheet).

 

[basnedss]

Thanks for the reply,

Since we are five family members so I have to show CAD $23425, means I have to aside the total amount just for the application? Please let me know.

Br, Sajid.

 

[karankohli]

What you are dealing with is like an interview, might happen or might not. So yes, keep that money saved because if they ask for bank ledger and they see 30,000 cad a day before application and 500 dollars the next day there could be a problem. But to be on the safe side keep atleast that much in your savings.

Best of luck

 

[basnedss]

Thanks Bro