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Asked 5/29/2010

How much fund for canada immigration?

 
 
 
 
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Answer 1/3 - Submitted 2/28/2011

If you are applying for skilled immigration then you need to show proof of minimum 10'000CDN $ in your bank account or in any form that is easily transferable.You will need to carry the amount in the form of bank draft at the time of traveling to Canada for the first time as an immigrate.If you have depend ants then you add 2000CDN $ on top of the 10000$

 
 

Answer 2/3 - Submitted 2/28/2011

So it depends on the size of family you want to bring with you. This money can't be borrowed and you have to give a proof of that when submitting an application. So, for one person the needed amount of money is $9,186, for 2 - $11,482, 3 - $14,280, 4 - $17,286, 5 - $19,323, 6 - $21,360, 7 - $23,397, all of course in canadian dollars.

It's a 6-month settlement fund, however some visa officers want a 12-month deposit.

But if you can't provide a Visa officer with the required proof of funds, there are other options available. It varies on the circumstances a person is in. So, here are the options:

- spouse's potential for employment
- genuine offers of employment
- genuine offers of accommodation
- general assistance from family and friends
- transferable skills of applicant

Also if you can't provide needed funds you can write a petition to hold the disposition until you have needed sum of money. Hope it helps ;)

 
 

Answer 3/3 - Submitted 2/28/2011

If you are applying as a skilled worker then you should have 11000 canadian dollars

 
 
 
 
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