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Author Topic: Settlement Fund with Original Application  (Read 437 times)
j.nikey
Newbie
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Posts: 9
Ratings: +1
Category........: FSW1
Visa Office......: CHC New Delhi
NOC Code......: 3142

« on: January 22, 2011, 01:24:05 pm »

Hi,

I am planning to apply for Canadian PR under FSW1 in March. I want to know in what form can i submit proof of settlement fund (CAD 13,837) with the application?

I tried searching the forum for this but could only find information related to fund at landing time.

Any help would be appreciated. Thanks  Smiley
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Kanamen
Champion Member
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Posts: 1576
Ratings: +401

« Reply #1 on: January 22, 2011, 01:25:33 pm »

Hi,

I am planning to apply for Canadian PR under FSW1 in March. I want to know in what form can i submit proof of settlement fund (CAD 13,837) with the application?

I tried searching the forum for this but could only find information related to fund at landing time.

Any help would be appreciated. Thanks  Smiley
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
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I LOVE CANADA
j.nikey
Newbie
*

Posts: 9
Ratings: +1
Category........: FSW1
Visa Office......: CHC New Delhi
NOC Code......: 3142

« Reply #2 on: January 22, 2011, 01:31:45 pm »

Thanks for the quick reply Kanamen..  i have seen the link you have provided but it does not specifically answer my query.

Would be glad if you can provide a little detailed info.
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Kanamen
Champion Member
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Posts: 1576
Ratings: +401

« Reply #3 on: January 22, 2011, 02:22:45 pm »

Thanks for the quick reply Kanamen..  i have seen the link you have provided but it does not specifically answer my query.

Would be glad if you can provide a little detailed info.
11.
SETTLEMENT FUNDS
Refer to the "Proof of Funds" section of our Web site for exact figures and instructions.
Provide proof of unencumbered and readily transferable funds in a convertible currency available for settlement in Canada (for you and your family members):
•current bank certification letter; or
•evidence of savings balance; or
•fixed or time deposit statements
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I LOVE CANADA
j.nikey
Newbie
*

Posts: 9
Ratings: +1
Category........: FSW1
Visa Office......: CHC New Delhi
NOC Code......: 3142

« Reply #4 on: January 23, 2011, 12:45:14 am »

Thanks Kanamen. I appreciate your help  Smiley

Few more clarification please..

1. Evidence of savings balance: I think this means providing them bank statements.
 - For how many months?
 - Can i still do debits and credits to that account or do i need to freeze it on that balance(with funds above the minimum requirement)?

2. What exactly is bank certification letter?

3. Can property evaluation work? If yes,can you give me a little idea how to get it done?

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