CANADAVISA.com Immigration Forum
November 22, 2009, 06:48:11 pm
   Home   Assessment Help Search Login Register RSS  
*
Welcome, Guest. Please login or register.
Did you miss your activation email?

 News
 
Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Personal net worth - must I declare all of my worth?
Pages: [1]   Go Down
« previous next »
  Print  
Author Topic: Personal net worth - must I declare all of my worth?  (Read 273 times)
calvin
Member
**
Posts: 13
« on: July 23, 2009, 08:09:29 am »
If I have a $100,000 fixed deposit, is it enough to declare just that or must I also declare everything I have?
Logged
sanjeevindia
Hero Member
*****
Posts: 455
« Reply #1 on: July 23, 2009, 08:12:45 am »
as per my knowledge that is more than enough. good luck.
Logged
Best of Luck and remember CIC website is the best for any info.
aanbaan
Hero Member
*****
Gender: Male
Posts: 1024
« Reply #2 on: July 23, 2009, 08:29:41 am »

if this is for London office, wait for other London applicants to reply.

for anywhere else, this is enough...
Logged
My timelines: trackitt.com/member/aanbaan

I am not an expert. I have learnt from www.cic.gc.ca, EG7, OP6 and this forum. Use these resources and take your decisions.

Regards,
aanbaan
calvin
Member
**
Posts: 13
« Reply #3 on: July 23, 2009, 08:37:09 am »
Isn't net worth means all that you have? Am I not underdeclare if I don't tell them all that I have?
Logged
aanbaan
Hero Member
*****
Gender: Male
Posts: 1024
« Reply #4 on: July 23, 2009, 08:43:56 am »
Quote from: calvin on July 23, 2009, 08:37:09 am
Isn't net worth means all that you have? Am I not underdeclare if I don't tell them all that I have?

no visa office apart from London asks for personal net worth statement... for all others, FD statements are good enough...
Logged
My timelines: trackitt.com/member/aanbaan

I am not an expert. I have learnt from www.cic.gc.ca, EG7, OP6 and this forum. Use these resources and take your decisions.

Regards,
aanbaan
calvin
Member
**
Posts: 13
« Reply #5 on: July 23, 2009, 08:46:04 am »
Singapore office does ask for personal net worth statement. I am just not sure if I will be guilty of underdeclare if I don't tell all.
Logged
aanbaan
Hero Member
*****
Gender: Male
Posts: 1024
« Reply #6 on: July 23, 2009, 08:50:56 am »
Quote from: calvin on July 23, 2009, 08:46:04 am
Singapore office does ask for personal net worth statement. I am just not sure if I will be guilty of underdeclare if I don't tell all.

oh.. ok... my lack of information...

Singapore is now clubbed with London... but, answer remains same ... wait for someone from London or Singapore office to reply...

Logged
My timelines: trackitt.com/member/aanbaan

I am not an expert. I have learnt from www.cic.gc.ca, EG7, OP6 and this forum. Use these resources and take your decisions.

Regards,
aanbaan
trinatocanada
Star Member
****
Gender: Female
Posts: 120
« Reply #7 on: July 23, 2009, 10:16:40 am »
I submitted bank statements from Abu Dhabi and from Manila, both liquid.  I declared only what is reflected in my bank statements.  Nothing more, nothing less.  I do have real estate and fixed deposit accounts in other banks, but how will they know that I have these in the first place if I don't declare them? right?

Although, I do not know if your total net worth affects their decision to either accept or reject an application. 

I already submitted all my documents 2 weeks back.  I'll keep you posted on what happens.
Logged
Initial FSW app       : October 15, 2008
Draft encashed      : December 2008
              AOR       : May 16,2009
    Docs update      : May 16,2009
Docs submitted      : July 2, 2009
E-cas "In Process"  : Sept 8, 2009
rizcom123
Star Member
****
Posts: 132
« Reply #8 on: July 23, 2009, 10:24:37 am »

Hi All,

I appiled from London and on the recent document update I just sent my Bank Statements and a letter from the Bank stating how much available in the account. Thats all.

Regards,
Logged
calvin
Member
**
Posts: 13
« Reply #9 on: July 23, 2009, 10:39:01 am »
If I underdeclare, would the undeclare money be taxable if I transfer them to Canada later?
Logged
Pages: [1]   Go Up
  Print  
Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Personal net worth - must I declare all of my worth?
 « previous next »
 
Jump to:  

Powered by SMF 1.1.1 | SMF © 2006, Simple Machines LLC