punnam
Full Member
Posts: 23
Ratings: +0
|
 |
« on: August 25, 2011, 02:13:03 pm » |
|
Dear all
Please can anybody explain can i use property documents as a proof of funds.I don't liquid cash to show up.Thank you
|
|
|
|
|
Logged
|
|
|
|
hassanbukhari
Star Member
Posts: 158
Ratings: +12
|
|
« Reply #1 on: August 25, 2011, 03:56:18 pm » |
|
I don't think so. You can't bring property to Canada to pay for everyday expenses. Proof of funds is to make sure that particular immigrant can support him for some time before getting a real job. Canada certainly don't want any financial burden of new immigrant.
|
|
|
|
|
Logged
|
|
|
|
jo_1501
Star Member
Posts: 178
Ratings: +1
Category........: FSW1
Visa Office......: kingston,jamaica
App. Filed.......: Feb.14,2008
Doc's Request.: jan.10,2009
AOR Received.: oct.2008
|
|
« Reply #2 on: August 25, 2011, 04:24:22 pm » |
|
Dear all
Please can anybody explain can i use property documents as a proof of funds.I don't liquid cash to show up.Thank you
you dont necessarily need liquid cash, you can use insurance with cash value, pension statements, car evaluation anything that can be transferred to cash easily. |
|
|
|
|
Logged
|
|
|
|
jo_1501
Star Member
Posts: 178
Ratings: +1
Category........: FSW1
Visa Office......: kingston,jamaica
App. Filed.......: Feb.14,2008
Doc's Request.: jan.10,2009
AOR Received.: oct.2008
|
|
« Reply #3 on: August 25, 2011, 04:24:53 pm » |
|
Dear all
Please can anybody explain can i use property documents as a proof of funds.I don't liquid cash to show up.Thank you
also stocks |
|
|
|
|
Logged
|
|
|
|
aim1076
Member
Posts: 10
Ratings: +0
|
|
« Reply #4 on: August 25, 2011, 04:35:24 pm » |
|
Hi,
I am in the US and I will like to know if I can tell them that I am selling the property I have in my country as proof of fund. I have 401k account but the money i have in the account will not be enough to support 4 people. Please advice me on what else I can show for proof of fund.
Thanks
|
|
|
|
|
Logged
|
|
|
|
Dr.sadhish
Star Member
Posts: 132
Ratings: +4
Category........: FSW1
Visa Office......: NDVO
File Transfer...: IN PROCESS- 11 / DEC / 2011
Med's Request: 17/ NOV /2011
Med's Done....: 30 / NOV /2011
Interview........: RPRF encashed on 15 / dec / 2011
Passport Req..: 17/11/2011 sent with complete docs on 5 / 12 /2011
VISA ISSUED...: 19 / Dec / 2011 god is great,Thank god every credit goes for him
LANDED..........: PERMANENT RESIDENT - 01 - Mar - 2012
|
|
« Reply #5 on: August 26, 2011, 02:47:27 am » |
|
Hi! guys found unaware about proof of funds
please let u people know funds can be the form of Security deposits, shares . Its better to have in the form of CASH approximate Visit www.cic.gc.ca gather a bank letter for u & family members accompanying with u so & so
|
|
|
|
|
Logged
|
SKUT
|
|
|
sonea
Hero Member
Posts: 348
Ratings: +6
Category........: FSW1
Visa Office......: London
App. Filed.......: 11-08-2008
Doc's Request.: 21-03-2011
AOR Received.: 20-aug-2008
IELTS Request: 21-03-2011
File Transfer...: 20-09-2010
Med's Request: 11/11/11
Med's Done....: 28/11/11, recieved by VO 12/12/11
Passport Req..: 05/Jan/2012
VISA ISSUED...: 29th Feb
LANDED..........: 2nd july inshallah
|
|
« Reply #6 on: August 26, 2011, 03:08:03 am » |
|
cash is the safest option
|
|
|
|
|
Logged
|
|
|
|
Cappuccino
VIP Member
Posts: 4174
Ratings: +360
Category........: FSW1
Visa Office......: London
NOC Code......: 3131
App. Filed.......: 30-Aug-2010
AOR Received.: 15-Dec-2010
IELTS Request: Sent with app - 8.5 band score
Med's Request: 13-Apr-2011
Med's Done....: 19-Apr-2011
Passport Req..: 28-June-2011
VISA ISSUED...: 21-July-2011
LANDED..........: 27-Aug-2011 ECAS Recd By VO.....: 11-Feb-2011 In Process.......: 15-Mar-2011 Decision Made.: 25-Jun-2011
|
|
« Reply #7 on: August 26, 2011, 03:41:02 am » |
|
Dear all
Please can anybody explain can i use property documents as a proof of funds.I don't liquid cash to show up.Thank you
Unless the rules have changed very recently, assets other than housing property cannot be used as proof of funds. So you cannot submit car or jewellery valuations. However property valuations CAN sometimes be used as proof of funds but it seems this is dependent on the visa office - some visa offices will accept them, others will not. So if you don't have the available cash funds my advice would be one of the following a) If you have equity in property, check with others who applied at the visa office you are intending to use and see if property as proof of funds was accepted b) Save up the funds, then apply when you are financially eligible c) Secure a job offer and apply under FSW2, then proof of funding is not required Best of luck, Wayne. |
|
|
|
|
Logged
|
|
|
|
M.A.G.4.0.
Star Member
Posts: 60
Ratings: +4
Category........: FSW1
NOC Code......: 3152
|
|
« Reply #8 on: August 26, 2011, 04:40:44 am » |
|
Provide proof of unencumbered and readily transferrable funds in a convertible currency available for settlement in Canada: -Current bank certification letter; or -Evidence of savings balance; or -Fixed time deposit statement. as stated in the Latest Document Checklist: Permanent Residence - Federal Skilled Workers Class http://www.cic.gc.ca/english/pdf/kits/forms/IMM5612E.pdfirene |
|
|
|
|
Logged
|
|
|
|
annjay_626
Hero Member
Posts: 314
Ratings: +2
Category........: FSW1
Visa Office......: Manila
NOC Code......: 3113
App. Filed.......: Sent: Apr. 30, 2011 Received by CIO: May 4, 2011
AOR Received.: July 19, 2011 (received by regular mail)
Med's Request: July 29, 2011
Med's Done....: Aug. 10 & 11, 2011
Interview........: waived
Passport Req..: Sept. 29, 2011
VISA ISSUED...: Visa received Oct. 18, 2011
LANDED..........: Hopefully Feb 2012 or Mar 2012
|
|
« Reply #9 on: August 26, 2011, 05:02:56 am » |
|
i think in my opinion you can bring all cash at POE for as long as you'll declare the amount to the Canadian official especially if you'll be bringing more than CAD$ 10,000. you may check the link below regarding disclosure of funds. http://www.cic.gc.ca/english/immigrate/skilled/funds.asp |
|
|
|
|
Logged
|
|
|
|
Cappuccino
VIP Member
Posts: 4174
Ratings: +360
Category........: FSW1
Visa Office......: London
NOC Code......: 3131
App. Filed.......: 30-Aug-2010
AOR Received.: 15-Dec-2010
IELTS Request: Sent with app - 8.5 band score
Med's Request: 13-Apr-2011
Med's Done....: 19-Apr-2011
Passport Req..: 28-June-2011
VISA ISSUED...: 21-July-2011
LANDED..........: 27-Aug-2011 ECAS Recd By VO.....: 11-Feb-2011 In Process.......: 15-Mar-2011 Decision Made.: 25-Jun-2011
|
|
« Reply #10 on: August 26, 2011, 05:09:05 am » |
|
i think in my opinion you can bring all cash at POE for as long as you'll declare the amount to the Canadian official especially if you'll be bringing more than CAD$ 10,000. you may check the link below regarding disclosure of funds. http://www.cic.gc.ca/english/immigrate/skilled/funds.aspThat's correct you can bring as much cash in as you like, however it is an offense if you bring more than $10,000 without declaring it to them. Our settlement funds are now in a HSBC Canada account in CAD so we're only taking $350 or so in actual cash when we land tomorrow. Wayne. |
|
|
|
|
Logged
|
|
|
|
hollowman
Star Member
Posts: 86
Ratings: +11
Category........: FSW1
Visa Office......: Singapore
NOC Code......: 2121,7241
Pre-Assessed..: Yes
App. Filed.......: 09-05-2011
Doc's Request.: Sent Full Doc to CIO
Nomination.....: 12-06-2011
AOR Received.: 28-06-2011
IELTS Request: Sent with application
File Transfer...: 12-07-2011
Med's Request: Waiting
Med's Done....: Waiting
Interview........: Praying for waive
Passport Req..: Waiting
VISA ISSUED...: Waiting
LANDED..........: The Almighty Allah knows.
|
|
« Reply #11 on: August 26, 2011, 01:23:32 pm » |
|
I' m sorry to say that you can't persue property documents as proof of fund. You can show only liquid cash. Ornaments or Jewellery are also good things to use as proof of fund.
Thanks
Hollowman.
|
|
|
|
|
Logged
|
5879.
|
|
|
M.A.G.4.0.
Star Member
Posts: 60
Ratings: +4
Category........: FSW1
NOC Code......: 3152
|
|
« Reply #12 on: August 26, 2011, 02:44:29 pm » |
|
I' m sorry to say that you can't persue property documents as proof of fund. You can show only liquid cash. Ornaments or Jewellery are also good things to use as proof of fund.
Thanks
Hollowman.
Hollowman: Correct me if I'm wrong, but from the old checklist ornaments or jewellery are not to be included as proof of funds. Here's the exact wording from the old DOCUMENT CHECKLIST. "However, do not include personal items such as jewellery, furniture, etc." all the best, Irene |
|
|
|
|
Logged
|
|
|
|
hassanbukhari
Star Member
Posts: 158
Ratings: +12
|
|
« Reply #13 on: August 26, 2011, 03:18:17 pm » |
|
I also don't think so valuables other than cash is considered as proof of funds.
|
|
|
|
|
Logged
|
|
|
|
Dr.sadhish
Star Member
Posts: 132
Ratings: +4
Category........: FSW1
Visa Office......: NDVO
File Transfer...: IN PROCESS- 11 / DEC / 2011
Med's Request: 17/ NOV /2011
Med's Done....: 30 / NOV /2011
Interview........: RPRF encashed on 15 / dec / 2011
Passport Req..: 17/11/2011 sent with complete docs on 5 / 12 /2011
VISA ISSUED...: 19 / Dec / 2011 god is great,Thank god every credit goes for him
LANDED..........: PERMANENT RESIDENT - 01 - Mar - 2012
|
|
« Reply #14 on: August 26, 2011, 10:40:55 pm » |
|
cash is the safest option
particularly against POF b cas PR is based particularly upon points &pof moreover please dont submit any bank staements like transanctionsince for months,years bcas it is not important they need only the letter provided from the bank that specifies so& so the A/c holder holding specific balance on the particular date ,,,,,,,please every one keep in mind,thank u! |
|
|
|
|
Logged
|
SKUT
|
|
|
|
Immigration Forum
