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Author Topic: Proof of 'Landing Funds" >>>  (Read 102850 times)
qorax
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« Reply #795 on: June 08, 2012, 06:04:00 pm »

Quote
Hi Qorax,

I'm doing a short-landing & shall return back to my homeland in a few days [in a week or two]. Could u kindly help me with these queries, I'd be eternally grateful to u for the same:

Question No. 1 :- If i am doing a short landing...which in your opinion is the best mode of POF :- DD, TC, Cash or Scotia Account so that i lose the least amount of money when accounting for taking funds back to India and getting my rupees back.

Q-1(a) :- In Case of Cash : I feel its unsafe to carry all cash and moreover there is a cost to pay for obtaining canadian currency in India (I am not sure how dealer commission or exchange rate would put me--> to a loss, to a profit or neutral ??)

Q-1(b) :- In Case of Scotia Account:  I know it is free for 1 year, convenient as regards POF and also comes with a free credit card for 1 year but I am unsure, whether Scotia Bank will facilitate my funds transfer back to India in matter of 3-4 days after my landing ?? Also what will be their fees for such a transfer and what rates would apply??


Question no 2 :- If I am doing a short landing and going back after 9-10 days, obviously there will be no goods to follow...
So whether IO will be accepting my B4 or B4A forms for Goods to follow list if I have not already shipped them ??

Q-2(a): Same question for Jewellery :- If I am not bringing along jewellery at the time of Initial (first time) landing...whether IO will accept the jewellery stated by me as mine or my spouse's (she will be travelling with me)

Question 3 :- Do i need just the photographs of jewellery and declare its value by myself (i dont have receipts for all jewellery items) or the IO may insist upon its valuation done by a Govt. approved/authorized valuer in India?? (some one said that if you do self assessment, it should be okay, but can pose a problem in the longer run as Canadian Insurance companies will not honour our assessments if we want to insure the jewellery)

Question 4 :- As I am doing a short landing, shall I apply for Ontario Health Insurance (provincial health insurance ) ?

Question 5 :- My 10 month old baby is accompanying me to Canada. Can we carry him in lap/in a sling while on streets, in public places like malls, shopping areas, buses, subways, trains and tourist attractions like niagara falls etc ?

Question 6 :- I am planning to bring in an external USB hard drive..is it allowed? Whether data contained is subject to screening at POE ?

Question 7 :- Whether a bank draft issued by a nationalized bank in India in my name and payable at Canada qualifies for Proof of funds?

Question 8 :- Do i need to declare funds even while exiting Canada? (i will be taking back my draft unused , cash remaining/ TC's unused back to India after 10 days of landing to have them cancelled and get my money back in the form of Indian rupees)

Question 9 :- I heard that a mailbox rental service in Canada provides a legal address wherein we can get our PR cards (if dont have anyone - friend, relative etc whose address can be given at the time of landing for issuance of PR cards) The mailbox service provider can even forward ship our incoming mail to our home country
http://www.theupsstore.com/products-services/mailbox/Pages/index.aspx

Is it okay to go ahead with such a service?? A cousin of my cousin stays in Toronto (cant be trusted for PR cards entirely) is my only contact in Canada...

Question No. 10 :- May I appear for G1 driving test immediately after landing (during the 10 days i have in Canada). I was told my someone that a wait period of 9 months applies to progress from G1 to G2 license and while I am away from Canada, the wait time is ticking...

PLEASE ADVISE..

REGARDS,

xyz

Hi,

Firstly, I don't see any reason why should u inform the BSO at the Canadian POE that u r doing a "short-landing". Neither they'd ask, nor u r required to disclose. It would make matters worse -- as s/he would not action ur PR cards apps, which'd render u applying for it separately sometime later, there's a cost too to it, though minuscule [$50]. But, what about the time & efforts?

Here's my responses to ur queries:

1. Any way u choose to bring-in ur settlement funds here - there'd definitely be some sort of "loss" when u transfer/deposit/withdraw/exchange/cancel ur funds back to ur homeland. And as this is unavoidable - it is unto u and u only to see/check with ur homeland reg. their banking rules... I wouldn't know what's the situation/laws of India. However, the easiest way to take ur funds back is vide an un-utilized bank draft. Just return to ur country - go to the bank and 'cancel' it, bingo!

1(a).  No, cash is not that unsafe. As u take care of ur pps+COPR -- u could do so for ur cash as well. I carry a good amount of $$ in cash on my travels everytime.

1(b).  Scotiabank is available in many overseas locations... as a 'proper' bank. I know it's there in India as well. As with any intl. bank, if u have an a/c in any of their locs/cities/nations - u could transact with them globally. So, if u've a Canadian a/c with them - u could 'simply' perform any transaction with their Indian branch as well, including withdrawals. Yes, as u'd only be permitted to w/draw in IRs - there'd be an exchange rate involved. But this is something one cannot avoid while travelling internationally and performing any sort of financial transactions. U should now learn to live with that.


2. The GTF, form B4, is for ur goods to arrive anytime later [till eternity]. So, even if u aren't getting them soon, but u would sometime later [1-yr, 2, 3 or 10] - u r then required to file it & obtain the CBSA stamps NOW. Else, u'd be paying duties everytime u import them, whatever the later day/date is.

2(a). Ditto for ur Jewelleries. U need to get those pics NOW listed in ur B4 and get them stamped. All the rules for B4 applies to those as well.

3. If u've their purchase invoices it'd be better. However if u don't, as I said in my thread on it, just do a self-valuation, as close to the current mkt rates & u r good.

4. U cannot obtain OHIP if u do not reside here [it's illegal]. In any case u can only apply for it after 90-days of ur resid. in Ontario. Even if some Service Ontario location accepts ur form before - it yet would not commence till 3-months.

5. Yes, u can... everyone does so. U got to protect the baby from cold though -- which, I'm sure u would.

6. Yes, it's OK... everyone does so, I've mine all the time in my key-chain. Unless there's a specific info for screening - they wouldn't care. However, it's wise not to load it with pirated SW or *censored word*. U could serve a term for it.

7. Yes, that's the way it'd be by default... for everyone.

8. Not required. There's no procedure for it unless u'd be flying with 100-thousands.

9. Yes, the UPS-Store has that facility and is used by quite a few ppl.

10. Pls read my thread on the D/L matter, u'd then know the complete process. If u've the LOA for 24-month's worth of Indian driving -  u'd have complete waiver from the mandatory 'wait-period' and can receive ur Canadian D/L [Ontario full "G"] in 7-10 days... I, and many others in our Friends-Circle, got it in a week.

Hope I helped...

Qorax
Ps.: BTW, r u flying for the 1st time?
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"Do your little bit of good where you are - its those little bits of good put together - that overwhelm the world." -Desmond Tutu

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qorax
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« Reply #796 on: June 08, 2012, 06:05:37 pm »

Hii Qorax Sir,
I have sent you 2 PM's (i think you missed them)...i am resending them however...pls could u spare 2 mins of your precious time and reply Smiley

Regards,
JUNER 2011

Hi,

Ur PMs were huge, needing a lot of deliberation & time... anyway I've replied to them.

Qorax
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"Do your little bit of good where you are - its those little bits of good put together - that overwhelm the world." -Desmond Tutu

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kivian
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Posts: 36
Ratings: +1
Category........: FSW1
Visa Office......: kingston jamaica
NOC Code......: 7252
App. Filed.......: 26january 2010
Doc's Request.: 15 feb 2010
AOR Received.: 1st AOR 26 march 2010
IELTS Request: complete
File Transfer...: 19 july 2010
Med's Request: may 01 2012
Med's Done....: June 06 2012
Interview........: wavier

« Reply #797 on: June 08, 2012, 06:33:31 pm »

The instruction letter that I received it said update of funds/assets so what do this mean do I need to send both. Please reply thanks.
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kivian
Full Member
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Posts: 36
Ratings: +1
Category........: FSW1
Visa Office......: kingston jamaica
NOC Code......: 7252
App. Filed.......: 26january 2010
Doc's Request.: 15 feb 2010
AOR Received.: 1st AOR 26 march 2010
IELTS Request: complete
File Transfer...: 19 july 2010
Med's Request: may 01 2012
Med's Done....: June 06 2012
Interview........: wavier

« Reply #798 on: June 09, 2012, 11:34:17 am »

Hi Qorax

Please reply to my post sir I'm worried .

Thanks in advance .
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bitola2
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« Reply #799 on: June 11, 2012, 02:15:46 pm »

Thank you Qorax!!!!

You are the best!!!

Bitola2
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qorax
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« Reply #800 on: June 11, 2012, 03:05:10 pm »

The instruction letter that I received it said update of funds/assets so what do this mean do I need to send both. Please reply thanks.

If it says 'assets' - they could be accepting it too.
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"Do your little bit of good where you are - its those little bits of good put together - that overwhelm the world." -Desmond Tutu

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eager_ruby
Star Member
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Posts: 135
Ratings: +0
Category........: FSW1
Visa Office......: Manila
NOC Code......: 3152
Pre-Assessed..: Yes
App. Filed.......: June 7, 2010
Doc's Request.: Otober 9, 2010
AOR Received.: October 9, 2010/ 2nd AOR Feb. 9,2011
IELTS Request: with FD on Jan. 19, 2011
Med's Request: In-Process : March 5,2012/ MED Request: March 16, 2012,
Med's Done....: April 10, 2012, Receive by VO on April 17, 2012, ECAS showing Medicals received on May 6, 2012
Interview........: waived
Passport Req..: June 27, 2012
VISA ISSUED...: Visa stamped: July 27, 2012/Passport back from CEM:August 2, 2012
LANDED..........: hopefully March 2013

« Reply #801 on: June 14, 2012, 03:34:45 am »

Hello Sir Qorax!

When I submitted the POF with my application...the bank statement came from a bank abroad where I was working, where my salary is being deposited. Then, I went home last January for good and have withdrawn all my money and deposited it in one bank in my home country. I didn't send an updated POF to VO because it wasn't requested though my address was updated. Now, my question is.... What if the VO will contact the Bank abroad and will find out I do not have anymore active accounts with them? Should they request new POF or can they immediately reject my application?
Thanks!!
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qorax
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« Reply #802 on: June 14, 2012, 07:58:45 am »

Hello Sir Qorax!

When I submitted the POF with my application...the bank statement came from a bank abroad where I was working, where my salary is being deposited. Then, I went home last January for good and have withdrawn all my money and deposited it in one bank in my home country. I didn't send an updated POF to VO because it wasn't requested though my address was updated. Now, my question is.... What if the VO will contact the Bank abroad and will find out I do not have anymore active accounts with them? Should they request new POF or can they immediately reject my application?
Thanks!!

As u've already passed ur meds stage I don't think u'd've any issues with ur POF.
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"Do your little bit of good where you are - its those little bits of good put together - that overwhelm the world." -Desmond Tutu

Qorax INDEXED:
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eager_ruby
Star Member
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Posts: 135
Ratings: +0
Category........: FSW1
Visa Office......: Manila
NOC Code......: 3152
Pre-Assessed..: Yes
App. Filed.......: June 7, 2010
Doc's Request.: Otober 9, 2010
AOR Received.: October 9, 2010/ 2nd AOR Feb. 9,2011
IELTS Request: with FD on Jan. 19, 2011
Med's Request: In-Process : March 5,2012/ MED Request: March 16, 2012,
Med's Done....: April 10, 2012, Receive by VO on April 17, 2012, ECAS showing Medicals received on May 6, 2012
Interview........: waived
Passport Req..: June 27, 2012
VISA ISSUED...: Visa stamped: July 27, 2012/Passport back from CEM:August 2, 2012
LANDED..........: hopefully March 2013

« Reply #803 on: June 14, 2012, 08:45:50 am »

Thanks Sir Qorax!!!
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"let our dreams be the dream of our children..."
sigelopisan
Full Member
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Posts: 49
Ratings: +0
Category........: FSW1
Visa Office......: SGVO
NOC Code......: 7204
App. Filed.......: Push back to Jan 2013 (hopefully)

« Reply #804 on: June 16, 2012, 08:07:27 pm »

Hello Qrax and other seniors,

This question probably dont fit here but I can't find answer everywhere.

Currently I have sufficient funds as required by CIC. Problems is, they are in assets (house, car, jewelry, etc). Frankly, I only will sell those assets when I got my PR approval so Landing Funds should not be an issue. My total assets worth at least CAD 90,000

My problem now, how should I declare on my application? They asked me about my bank statement and my bank statement only show I have CAD 2,000 - 3,000.

Please help, I'm so confused. I dont want my application rejected due to my bank statement show low funds

PS: I'm bringing my whole family (me, wife, 6 years old and 3 years old)
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slavasz
Hero Member
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Posts: 607
Ratings: +29
Category........: FSW1
Visa Office......: Beijing
NOC Code......: 0213
App. Filed.......: 19/10/2009
Doc's Request.: 18/12/2009
AOR Received.: 19/04/2010
IELTS Request: submitted with docs
File Transfer...: 22/12/2009
Med's Request: 04/09/2011
Med's Done....: 05-09-2011/
Interview........: waved 19/04/2010
Passport Req..: 24/05/2012
VISA ISSUED...: 13/07/2012
LANDED..........: 29/08/2012

« Reply #805 on: June 17, 2012, 01:48:42 am »

In initial application you need to show all your assets worth of CAD90000, but you need to support it by property evaluation done an accredited agency.
At the time of landing, and sometime at the time of request of passports (I was not asked, but I heard other were) you would need to show cash as in bank statements.
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CIC Website: www.cic.gc.ca
sigelopisan
Full Member
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Posts: 49
Ratings: +0
Category........: FSW1
Visa Office......: SGVO
NOC Code......: 7204
App. Filed.......: Push back to Jan 2013 (hopefully)

« Reply #806 on: June 17, 2012, 04:15:08 am »

In initial application you need to show all your assets worth of CAD90000, but you need to support it by property evaluation done an accredited agency.
At the time of landing, and sometime at the time of request of passports (I was not asked, but I heard other were) you would need to show cash as in bank statements.

So Slavasz,.... first thing I need to do now is to have my properties accredited and attached it along in my application. Same thing goes to my jewelry and car. Bottom line is, I have to proof that I have my CAD 90,000.

Second issue is, can I attach my wife bank statement too? She is on my application and will do the landing to Canada with me too.

Sorry for asking too much. And really appreciate your help.
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jainanshal
Star Member
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Posts: 102
Ratings: +2
Category........: FSW1
Visa Office......: New Delhi
NOC Code......: 3142
App. Filed.......: 20-06-2011
AOR Received.: 18-08-2011
IELTS Request: Sent with Application
File Transfer...: 10-09-2011
Med's Request: 12-01-2012
Med's Done....: 19-01-2012
Interview........: Waived
Passport Req..: 12-01-2012
VISA ISSUED...: 29-02-2012
LANDED..........: 12-07-2012

« Reply #807 on: June 20, 2012, 04:01:29 am »

Hi Qorax,

My question is regarding the landing funds. Me and my wife will be landing in next few days, my wife is the PA in our case. Is it possible to take all the landing fund (we'll be taking a DD) on my name and not my wife who is the PA? Could  that create any problem?

Thanks
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VO: New Delhi ; NOC:3142
Application: 20-6-11
PER: 18-8-11
RBVO: 10-9-11
In Process: 10-1-12
MR/PPR/RPRF: 12-1-12
Meds done: 19-1-12
Meds line E-Cas: 4-2-12
PPR/RPRF recvd at VO: 6-2-12
Visa Issued: 29-2-12
DM: 4-3-12
Passport recvd: 12-3-12
coolvanillasky
Star Member
****

Posts: 57
Ratings: +1
Category........: FSW1
NOC Code......: 1123

« Reply #808 on: June 20, 2012, 10:18:35 pm »

Hello Sir Qorax!

When I submitted the POF with my application...the bank statement came from a bank abroad where I was working, where my salary is being deposited. Then, I went home last January for good and have withdrawn all my money and deposited it in one bank in my home country. I didn't send an updated POF to VO because it wasn't requested though my address was updated. Now, my question is.... What if the VO will contact the Bank abroad and will find out I do not have anymore active accounts with them? Should they request new POF or can they immediately reject my application?
Thanks!!


Hi Ruby, Good to see your message here. i am prepping up for July 1 submission. Everything is all set. God's will, NOC 1123 will be included. Just wondering what  was your score in each section for ielts? Aside from POF, did you also declare your liabilities? Hope to hear from you . Thanks in advance! Smiley
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I am with you always. -Jesus in Matthew 28:20
sigelopisan
Full Member
***

Posts: 49
Ratings: +0
Category........: FSW1
Visa Office......: SGVO
NOC Code......: 7204
App. Filed.......: Push back to Jan 2013 (hopefully)

« Reply #809 on: June 21, 2012, 02:37:05 am »

Hello jainanshal, I'm surprise look on your application progress. within 6 months you get your Medical Request. Could you share a tips for us? What would the keys of fast process? Of course beside of much prayer.

App. Filed.......: 20-06-2011
Med's Request: 12-01-2012
VISA ISSUED...: 29-02-2012
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