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US Citizen - Will I still need Proof of Funds if I am keeping my developer job in NYC?

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WindsofTime

Newbie
Jul 17, 2018
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To expand on that:

I know I can qualify for express entry due to my skills and experience. However, the Proof of Funds is a rather large hurdle to overcome. I currently work for CapitalOne which has offices in Canada, tho they are not in Halifax which is the area I'd like to move to.

If I were to apply and state that I will be keeping my job in NYC and working remote, will this aid me in the application process since I will be able to support myself without issue? Thus, proof of funds may not be necessary?
 
WindsofTime said:
If I were to apply and state that I will be keeping my job in NYC and working remote, will this aid me in the application process since I will be able to support myself without issue? Thus, proof of funds may not be necessary?
Click to expand...

This will not help or make a difference. Proof of funds will still be mandatory for you to meet the minimum requirements of the program.
 
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if you have them in 401k/ ira or roth ira would also be able to "show" them, just a statement from the 401K provider would be sufficient

same goes if you have 403b, 457b or other IRS recognized Retirement plans.
 
geektech40 said:
if you have them in 401k/ ira or roth ira would also be able to "show" them, just a statement from the 401K provider would be sufficient

same goes if you have 403b, 457b or other IRS recognized Retirement plans.
Click to expand...

Yes - this can be done. You just have to make sure you have 20%-30% above the amount required for POF to cover the penalty should the funds be withdrawn from the registered account.
 
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