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Author Topic: HELP ME OUT!!! PLEASE  (Read 1950 times)
peter_s
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« on: December 12, 2008, 06:51:19 pm »

HELP ME OUT!!! PLEASE

There is a FUND requirement on the schedule 4. DO YOU GUYS HAVE ANY IDEA HOW MUCH WE ARE SUPPOSED TO HAVE IN CANADIAN DOLLAR? PLEASE HELP ME OUT IF YOU KNOW How much are we supposed to be putting on the Fund.

I really appreciate it if you could answer that for me....
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srinusakamuri4239
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« Reply #1 on: December 12, 2008, 07:11:50 pm »

i think nearlly $12000 canadian dollers..

HELP ME OUT!!! PLEASE

There is a FUND requirement on the schedule 4. DO YOU GUYS HAVE ANY IDEA HOW MUCH WE ARE SUPPOSED TO HAVE IN CANADIAN DOLLAR? PLEASE HELP ME OUT IF YOU KNOW How much are we supposed to be putting on the Fund.

I really appreciate it if you could answer that for me....
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peter_s
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« Reply #2 on: December 12, 2008, 07:26:19 pm »

$12,000 CANADIAN DOLLAR? THANK....

ANYBODY ? WHO IS QUITE SURE ABOUT THIS ISSUE?HuhHuh?
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peter_s
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« Reply #3 on: December 12, 2008, 07:27:54 pm »

I AM GOING ALONE...SO HOW MUCH DO YOU THINK  I SHOULD PUT .....AS I HAVE NO IDEA....Huh RECOMMEND ME...HOW MUCH I SHOULD BE PUTTING?
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envision157
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« Reply #4 on: December 13, 2008, 07:09:50 pm »

How can be fund shown? Copy of passbook and GIC cerificates are enough?
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Leon
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« Reply #5 on: December 13, 2008, 07:36:19 pm »

For AINP family stream, it's $10,000 per individual, add $2,000 for each dependent.  You can see it at the bottom at http://www.albertacanada.com/immigration/immigrate/familystreamcandidate.html

For AINP skilled worker stream, you don't need to show funds because you already have a job offer when you arrive.

Other PNP's may have their own rules.
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PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
avin
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« Reply #6 on: December 14, 2008, 05:58:53 am »

Attn: Mr. Leon

Sir u said" For AINP family stream, the same funds c$ 12000+ 2000 per dependent is sufficient to meet the financial requirements of CIC, when we apply  to CIC after nomination"
my question is
Is it the only AINP which has to check your financial adaptibilty?
or
 the minimum funds which we require to show to CIC after nomination, are almost equivilents of funds we have shown earlier to AINP ?
what if funds to AINP are shown by the sponsor in his account on behalf of applicant ??
one thing more is there is any restriction to bring the funds to Canada while entering as PR ?

regards
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Leon
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« Reply #7 on: December 14, 2008, 10:17:12 am »

According to the CIC PR application guide for PNP nominees at http://www.cic.gc.ca/english/pdf/kits/guides/EP7.pdf as per page 5, they do not impose financial restrictions on the nominees.  They leave that to the province.  In AB, it is 10,000 + 2,000 per dependent.  In other provinces, might be same or different.

There are restrictions to bringing more than 10,000 into Canada in the way that you have to disclose it when you arrive.

Disclosure of funds

You will have to tell a Canadian official if you carry more than $10,000 Canadian in cash funds upon your
entry to Canada. This could be in the form of:
• money (coins or bank notes)
• securities in bearer form (stocks, bonds, debentures, treasury bills etc.)
• negotiable instruments in bearer form (bankers' drafts, cheques, travellers' cheques,
money orders etc.)
Failure to disclose can result in fines and imprisonment.


But when you arrive, you do not have to bring all your funds in cash or checks, you can also bring a bank statement.
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PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
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