Hello pals,
Are there any consequences of getting gift deed from parents to suffice the minimum funds required for express entry? Similarly, does the amount received from gift deed should be in a fixed deposit account or just normal saving account is also fine?
Currently, I am in Canada, I don't have enough money on my bank account here and my parents are willing to provide me a settlement fund. But the problem is my parents are back home and I am here in Canada. So I will not be able to sign off the gift deed paper. So is it okay if the gift deed is only signed by my dad? And also is it okay just write it in plain paper and signed it off by my dad?
Are there any consequences of getting gift deed from parents to suffice the minimum funds required for express entry? Similarly, does the amount received from gift deed should be in a fixed deposit account or just normal saving account is also fine?
Currently, I am in Canada, I don't have enough money on my bank account here and my parents are willing to provide me a settlement fund. But the problem is my parents are back home and I am here in Canada. So I will not be able to sign off the gift deed paper. So is it okay if the gift deed is only signed by my dad? And also is it okay just write it in plain paper and signed it off by my dad?