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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: can a personal car be counted as part of proof of fund !
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Author Topic: can a personal car be counted as part of proof of fund !  (Read 279 times)
dr.anam
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Posts: 83
Ratings: +2
Category........: FSW1
Visa Office......: london
NOC Code......: 3113
Pre-Assessed..: Yes
App. Filed.......: 6th may 2011
Doc's Request.: sent with application
Nomination.....: none
AOR Received.: 20th june 2011
IELTS Request: sent with docs
File Transfer...: awaited...
« on: March 11, 2011, 06:46:29 am »
i have littlr funds short of the required amount.
since a bougt a car.its on my name.can i show its papers to be counted as the short fall in my funds or not?

plz suggest
regards
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All is well that ends well !
yukon
Hero Member
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Posts: 874
Ratings: +60
« Reply #1 on: March 11, 2011, 06:54:21 am »
Quote from: dr.anam on March 11, 2011, 06:46:29 am
i have littlr funds short of the required amount.
since a bougt a car.its on my name.can i show its papers to be counted as the short fall in my funds or not?

plz suggest
regards

Car is not acceptable as proof of fund. However Property valuations are......
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ankit_20
VIP Member
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Posts: 3303
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« Reply #2 on: March 11, 2011, 07:11:29 am »
No Car can not be shown as POF
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nobodycares
Full Member
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Posts: 25
Ratings: +1
« Reply #3 on: March 11, 2011, 07:12:12 am »
i also think car or scooter can't be considered as pof
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pearl2010
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Posts: 597
Ratings: +28
Category........: FSW1
Visa Office......: Buffalo
NOC Code......: 0213
App. Filed.......: 16-12-2009
Doc's Request.: 16-02-2010
AOR Received.: 28-09-2010
File Transfer...: 13-10-2010 to LA(in-process 19-04-2011)Rejection letter on 7 June2011
« Reply #4 on: March 11, 2011, 08:02:24 am »
Hi dr.anam,

As everybody had already mentioned,car cannot be considered as proof of fund

Refer point 10 under Schedule 3 Economic classes FSW class in below link
http://www.cic.gc.ca/english/information/applications/guides/EG74.asp

Funds

Indicate the amount (in Canadian dollars) of unencumbered, transferable and available funds that you have. This amount can include the value of any property that you own, but should not include jewellery, cars or other personal assets.

All the Best
Regards
pearl2010
Quote from: dr.anam on March 11, 2011, 06:46:29 am
i have littlr funds short of the required amount.
since a bougt a car.its on my name.can i show its papers to be counted as the short fall in my funds or not?

plz suggest
regards
Logged
Doc recvd at CIO:16Dec2009
1stAOR:16Feb2010
Doc recvd at Buffalo:17May2010
2ndAOR:28Sept2010
File transfr to LA:13Oct2010
inprocess:19Apr2011
DM:26May2011
Rejection letter:7June2011
sent Appeal letter:14June
follow-up email 4Aug2011:Reply negativ
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