Financial Requirement

[Karan Sood]

Hi,

We have applied for federal skilled workers and got our visa and landing papers in feb 2011. In 2009 the time we submitted our application canadian financial requirement for 3 person was CAD$18000 and we have shown the exact amount to canadian immigration. Now financial requirement has been revised on CIC site and they have increased amount from CAD$18000 to CAD$34,022. We are planning to enter canada in August 2011. Please advise we need to follow revised amount or the amount shown & approved (CAD$18000) while submitting application.

Thanks

[501]

where can i find this new adjustment, isnt it to much? tnx

[Karan Sood]

yes even i got shocked... u can check it on CIC site

[Kanamen]

Hi,

We have applied for federal skilled workers and got our visa and landing papers in feb 2011. In 2009 the time we submitted our application canadian financial requirement for 3 person was CAD$18000 and we have shown the exact amount to canadian immigration. Now financial requirement has been revised on CIC site and they have increased amount from CAD$18000 to CAD$34,022. We are planning to enter canada in August 2011. Please advise we need to follow revised amount or the amount shown & approved (CAD$18000) while submitting application.

Thanks

I think you have misunderstanding my friend,its still shows C$ 17011.00 for 3 members.Cheers
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

[wicky]

Hi,

We have applied for federal skilled workers and got our visa and landing papers in feb 2011. In 2009 the time we submitted our application canadian financial requirement for 3 person was CAD$18000 and we have shown the exact amount to canadian immigration. Now financial requirement has been revised on CIC site and they have increased amount from CAD$18000 to CAD$34,022. We are planning to enter canada in August 2011. Please advise we need to follow revised amount or the amount shown & approved (CAD$18000) while submitting application.

Thanks

Number of
Family Members                Funds Required
                                  (in Canadian dollars)
1                                $11,115
2                                $13,837
3                                $17,011
4                                 $20,654
5                                 $23,425
6                                 $26,419
7 or more                       $29,414

How much money should you bring?

Find out how much it costs to live where you are planning to settle in Canada.

Bring as much money as possible to make moving and finding a home in Canada easier.
Disclosure of funds

If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison. These funds could be in the form of:

    * cash
    * securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or
    * negotiable instruments in bearer form (for example, bankers' drafts, cheques, travellers' cheques or money orders).


http://www.cic.gc.ca/english/immigrate/skilled/funds.asp