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Urgent Qorax and others: Car as proof of funds!

azazaz

Hero Member
Jul 6, 2011
374
77
One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
 

mayankpandya

VIP Member
Apr 7, 2010
3,642
458
Category........
Visa Office......
New Delhi
NOC Code......
3131
Job Offer........
Pre-Assessed..
App. Filed.......
10-02-2011.
Doc's Request.
PER on 24- MAR- 2011.
AOR Received.
20-APRIL-2011
File Transfer...
In-Process on 30 May 2011
Med's Request
14 July 2011
Med's Done....
22 July 2011
Passport Req..
14 -Jul- 2011 Passport send on 26-Jul-11
VISA ISSUED...
29-AUG-11
LANDED..........
16-OCT-11
Dear Azaz,

Sorry to say that CAR can not be shown at POF.

Regards
Mayank

azazaz said:
One of my friend who is from London visa office has problems showing proog of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
 

aLpHa MaLe

Star Member
Jun 13, 2011
65
2
Category........
Visa Office......
NEW DELHI
NOC Code......
1122
Job Offer........
Pre-Assessed..
App. Filed.......
05/07/2011 Received by Mr. Mike on 11/07/2011
IELTS Request
SENT WITH THE APPLICATION
no brother.....car and property can not used as proof of funds.............only jewellary, cash,bank balance and fixed deposits..........can be used a proof of funds......car and property value can be used only in business immigration.............
 

azazaz

Hero Member
Jul 6, 2011
374
77
Oh thats sad to hear. I will let him know anyway. Thanks guys for your answers. +1 for you all for prompt response.
 

omm

Champion Member
Aug 27, 2009
2,341
337
USA
Job Offer........
Pre-Assessed..
Sorrry, Car can not be count as POF. But you can sell and en-cash money. Deposit those money in your bank-account that accepted as your POF.

OMM
 

Baloo

VIP Member
Nov 30, 2009
4,879
205
Job Offer........
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azazaz said:
One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
Sell the car, only then will the funds be useful in this context.
 

theshivster

Hero Member
Oct 7, 2010
494
21
Ireland
Category........
Visa Office......
London
NOC Code......
7215
Job Offer........
Pre-Assessed..
App. Filed.......
12-04-2011
AOR Received.
17-05-2011
IELTS Request
sent with app 8.5 band score
File Transfer...
RBVO 21 June 2011 IN PROCESS 20 Jan 2012
Med's Request
14.08.2012
Med's Done....
02.10.2012 (there is only one DMP here and we were waiting on new passports) Meds line added 19.11.12
Passport Req..
07.02.2013 sent 11.2.13 arrived 12.2.13
VISA ISSUED...
Visa Dated 28.02.2013 Canadian Address on Ecas 02.03.2013 Decision Made Sunday 03.03.2013
LANDED..........
Prinicipal Applicant Landed 14 May. The rest of us landed on 2.9.2013
Property can be used as proof of funds but normally at the discretion of the visa officer as funds are supposed to be liquid and unencumbered.
 

mitali

VIP Member
Sep 7, 2008
3,251
474
Job Offer........
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aLpHa MaLe said:
no brother.....car and property can not used as proof of funds.............only jewellary, cash,bank balance and fixed deposits..........can be used a proof of funds......car and property value can be used only in business immigration.............
Jewelry not accepted as POF...but selling jewelry to have liquid funds will aid for POF.

Mitali
 

omm

Champion Member
Aug 27, 2009
2,341
337
USA
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Correct Mitali, any Dimonds, Gold Bars, ornaments not accepted as POF.
you can bring those items with you in canada but VO not accepted as POF.

OMM
 

mitali

VIP Member
Sep 7, 2008
3,251
474
Job Offer........
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omm said:
Correct Mitali, any Dimonds, Gold Bars, ornaments not accepted as POF.
you can bring those items with you in canada but VO not accepted as POF.

OMM
How I wish to have atleast POSSESS ;) them.....what a nice feeling. Living in a fantasy dreamland here ....OMM!! :p

Mitali
 

omm

Champion Member
Aug 27, 2009
2,341
337
USA
Job Offer........
Pre-Assessed..
mitali said:
How I wish to have atleast POSSESS ;) them.....what a nice feeling. Living in a fantasy dreamland here ....OMM!! :p

Mitali
hmm, I own some GOLD bars & ornaments... Ohhh.. I forget about Platinum :eek: :'(.. anyone have this costliest metal? Sorry this costliest metal also not accepted as POF (please don't ask that you own stone from "MOON" that STONE also not accepted as POF ;D).

OMM
 

Kanamen

Champion Member
Oct 20, 2010
1,662
563
CANADA
Job Offer........
Pre-Assessed..
azazaz said:
One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
Well replied by Baloo,mayankpandya,omm,theshivster and mitali.
For property ,you must have to have an appraisal from approved /recognized organization.
Good Luck