CanadaItIs said:
Hello Asivad Anac,
My brother is landing in Toronto on 25th Feb. He got PR through FSWP 2013 program.
We were wondering if you can help us with following two questions:
1. Is it required to show CAD ~18000 (as proof of fund for family of 3) while landing in Toronto?
2. What all instruments (Travelers Cheque, Hard Cash, Travel Currency Card etc) can we use to show this fund? Especially, can we use Travel Currency Card as one of the instruments?
Many thanks in advance!!
1. Yes, for a family of 3, he should have the minimum fund requirement for the said family count.
2. See below for details:
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
How much money should you bring?
It is a good idea to research how much it costs to live in the place where you plan to settle in Canada.
Bring as much money as you can to make moving and finding a home in Canada easier. Note, however, that Canadian customs regulations require you to declare if you are bringing more than C$10,000 into Canada. If you do not tell them, you may be fined or put in prison. These funds could be in the form of:
•cash
•documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.) or
•documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders).