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Author Topic: can I add ornament's valuation in the personal net worth statement?  (Read 2064 times)
letsgoabroad
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Posts: 157
Ratings: +7
Visa Office......: Singapore
App. Filed.......: October 2009
Doc's Request.: April, 2010
Med's Request: 11 February, 2011
Med's Done....: 17 February, 2011
Interview........: waived
Passport Req..: 9 March 2011
VISA ISSUED...: 24 May, 2011
LANDED..........: 29 of July

« on: January 21, 2011, 10:40:30 am »

I have to submit personal net worth statement. My question is, can I add ornaments (mainly gold) valuation in the personal worth statement? In the form I found a word 'metal" does it cover ornaments? senior plz reply.
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shibuya
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Posts: 1567
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Category........: Other

« Reply #1 on: January 21, 2011, 11:47:25 am »

Which is ur visa office? Gold, property, car are not accepted vy certain visa offices or else u should sell those and transfer the funds to ur account and also explain the same in a cover letter.
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letsgoabroad
Star Member
****

Posts: 157
Ratings: +7
Visa Office......: Singapore
App. Filed.......: October 2009
Doc's Request.: April, 2010
Med's Request: 11 February, 2011
Med's Done....: 17 February, 2011
Interview........: waived
Passport Req..: 9 March 2011
VISA ISSUED...: 24 May, 2011
LANDED..........: 29 of July

« Reply #2 on: January 21, 2011, 11:51:36 am »

Which is ur visa office? Gold, property, car are not accepted vy certain visa offices or else u should sell those and transfer the funds to ur account and also explain the same in a cover letter.

my VO is Singapore, can u confirm me more?
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shibuya
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Posts: 1567
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Category........: Other

« Reply #3 on: January 21, 2011, 12:42:28 pm »

http://www.canadavisa.com/canada-immigration-discussion-board/gold-as-pof-i-have-certificate-when-i-purchased-online-t60967.0.html
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immigration1
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Posts: 125
Ratings: +21
Category........: FSW1
Visa Office......: Buffalo USA
NOC Code......: 0811 - Primary Production Managers (Except Agriculture)
AOR Received.: 2nd AOR "In-process"
IELTS Request: Sent CIO - CHC VO
File Transfer...: Yes
Med's Request: no
Med's Done....: no
Interview........: no
Passport Req..: no
VISA ISSUED...: no

« Reply #4 on: January 21, 2011, 12:53:17 pm »

Thanks for paste my post,
Hey letsgoabroad  Gold are not accepted as POF, but you can bring with you when you got visa and show all reports gold at POE when you land to canada, thats valid but as POF for getting visa is not valid POF.

Prashant Desai.
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Prashant from - California.
0811 - Primary Production Managers (Except Agriculture)
Medical Recieved (august 2011)
schwarzeradler
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Posts: 312
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« Reply #5 on: January 21, 2011, 02:42:35 pm »

I have to submit personal net worth statement. My question is, can I add ornaments (mainly gold) valuation in the personal worth statement? In the form I found a word 'metal" does it cover ornaments? senior plz reply.
The personal net worth statement means,  all that you have got that can be turned into (liquid) cash. London and Singapore offices are the 2 well known offices that request applicants to fill in this form. Hence, Yes, Gold - Metal in this sense can be included on one's personal net worth statement.
In short,  the personal net worth statement is the total of your assets minus what you owe.
In my view Gold alone can not be shown as proof of fund but could be part of your assets.
You will still need to show the required liquid cash to sustain you during the initial days. You may however sell/Value the Gold,  (you will have to sell before Landing)  if that is all you have.
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omm
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Posts: 2336
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« Reply #6 on: January 21, 2011, 03:02:06 pm »

schwarzeradler  your thinking is good but as part of POF somany CHC not accepted, yes as you discribe landing POF will accepted Gold what you own but not complete POF (even 60% gold and 40% cash is accpeted as landina POF , but not accepted such POF required by CHC). even I show ornaments evaluation report, I have also some gold 20% of POF I can calculate gold but not accepted by CHC, they accept only my checking and savings accounts.

OMM
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"Use of my all information here in this forum is strictly at your own risk."India-Gujarati People please join/share:
http://www.canadavisa.com/canada-immigration-discussion-board/gujarati-people-fsw-pr-status-with-noc-share-here-t43250.0.html

OMM
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