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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: How Much
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goutamdasht
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« on: January 28, 2011, 01:03:02 am »


Hi,
Anyone can tell me that how much money is necessery in Bank account for 'Skilled Worker Visa' apply.I ready another side of documents in this moment,i confused bank money.so ple reply me.


Goutam
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Goutam
Pippin
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Posts: 1782
Ratings: +314
« Reply #1 on: January 28, 2011, 01:29:15 am »
The amounts are indicated on the CIC website Instruction Guide.  It all depends how many will accompany the applicant.
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letsgoabroad
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Posts: 157
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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 28, 2011, 01:58:32 am »
Quote from: goutamdasht on January 28, 2011, 01:03:02 am

Hi,
Anyone can tell me that how much money is necessery in Bank account for 'Skilled Worker Visa' apply.I ready another side of documents in this moment,i confused bank money.so ple reply me.


Goutam

Quote from: goutamdasht on January 28, 2011, 01:03:02 am

Hi,
Anyone can tell me that how much money is necessery in Bank account for 'Skilled Worker Visa' apply.I ready another side of documents in this moment,i confused bank money.so ple reply me.


Goutam

plz follow the required fund for skilled worker categories. it depends on number of family member accompanying with u. hope it will help u.


The funds must be:
1. Available and transferrable;
2. Unencumbered by debts or other obligations.
The amount of funds required is calculated by use of the Low Income Cut-Off (LICO) statistic provided by
Statistics Canada. The amount of funds also varies with family size. Currently, the minimum funds required
are:
# OF FAMILY MEMBERS FUNDS REQUIRED

1                              CAD$11,086
2                              CAD$13,801
3                              CAD$16,967
4                              CAD$20,599
5                              CAD$22,364
6                              CAD$26,350
7                              CAD$29,337
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goutamdasht
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« Reply #3 on: January 28, 2011, 02:37:04 am »
hi,
i have no family in this momnet only single application submit.so fund is....
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Goutam
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
« Reply #4 on: January 28, 2011, 02:51:09 am »
Quote from: goutamdasht on January 28, 2011, 02:37:04 am
hi,
i have no family in this momnet only single application submit.so fund is....

 only for you is CAD $ 11086
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fariza
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Posts: 1701
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Category........: FSW1
« Reply #5 on: January 28, 2011, 09:50:15 am »
Quote from: letsgoabroad on January 28, 2011, 02:51:09 am
only for you is CAD $ 11086

A little amendment....to what advised by letsgoabroad...(actually the required fund gets updated time to time....)
As per current CIC instruction for a single applicant the required fund is
CAD $11115

You can visit the following web link to verify it by yourself

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

Hope this helps
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App filed : 01 Aug 2009 ;        In process : 26 Feb 2010
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Decision Made and Visa stamped : 07 June 2011
Landed: July 23 2011
PR Card Received: October 2011
Pippin
Champion Member
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Posts: 1782
Ratings: +314
« Reply #6 on: January 28, 2011, 11:03:34 am »
If you are calculating your funds in your own currency, it might be a good idea to ensure you have a bit more than the specified amount as the Canadian dollar is strong, slightly higher than USD for a few weeks now.
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Mezo2009
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Posts: 1358
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Visa Office......: London
LANDED..........: Oct 2011
« Reply #7 on: January 28, 2011, 11:07:20 am »
Absolutely correct.

Quote from: letsgoabroad on January 28, 2011, 01:58:32 am
plz follow the required fund for skilled worker categories. it depends on number of family member accompanying with u. hope it will help u.


The funds must be:
1. Available and transferrable;
2. Unencumbered by debts or other obligations.
The amount of funds required is calculated by use of the Low Income Cut-Off (LICO) statistic provided by
Statistics Canada. The amount of funds also varies with family size. Currently, the minimum funds required
are:
# OF FAMILY MEMBERS FUNDS REQUIRED

1                              CAD$11,086
2                              CAD$13,801
3                              CAD$16,967
4                              CAD$20,599
5                              CAD$22,364
6                              CAD$26,350
7                              CAD$29,337
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