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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: UPDATED "Proof of Funds"
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niwrrehs
Hero Member
*****

Posts: 379
Ratings: +15
Category........: FSW1
Visa Office......: Canadian Embassy Manila
NOC Code......: 3152
App. Filed.......: November 2009
Doc's Request.: January 2010
File Transfer...: January 2010
Med's Request: June 2010
Med's Done....: July 2010
Passport Req..: September 2010
VISA ISSUED...: October 2010
LANDED..........: March 24 2011
« on: January 15, 2011, 09:49:33 am »
Proof of funds
The Government of Canada does not provide financial support to new skilled worker immigrants.

You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You must be able to use this money to support the costs of living for your family.

You will need to provide proof of your funds to the Canadian visa office in your home country when you submit your application for immigration.

The amount of money you need to support your family is determined by the size of your family. These amounts are updated every year.

Number of
Family Members Funds Required
(in Canadian dollars)
1 $11,115
2 $13,837
3 $17,011 
4 $20,654 
5 $23,425
6 $26,419
7 or more $29,414

You do not have to show that you have these funds if you have arranged employment in Canada.

How much money should you bring?
Find out how much it costs to live where you are planning to settle in Canada.

Bring as much money as possible to make moving and finding a home in Canada easier.

Disclosure of funds
If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison. These funds could be in the form of:

•cash
•securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or
•negotiable instruments in bearer form (for example, bankers' drafts, cheques, travellers' cheques or money orders).


CIC
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virgiemaricel
Star Member
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Posts: 192
Ratings: +2
Category........: FSW1
Visa Office......: Manila
NOC Code......: 5226
App. Filed.......: 26-01-2005
Med's Request: 05-2010
Med's Done....: 19-10-2010/ sent to CEM on 4-11-2010
Passport Req..: 07-12-2010
VISA ISSUED...: 17-01-2011
LANDED..........: 11-05-2011
« Reply #1 on: January 15, 2011, 10:30:53 am »
Does this mean then that we need to bring this amount of money to Canada? I mean the updated amount and not the amount they required 6 months ago to us?
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niwrrehs
Hero Member
*****

Posts: 379
Ratings: +15
Category........: FSW1
Visa Office......: Canadian Embassy Manila
NOC Code......: 3152
App. Filed.......: November 2009
Doc's Request.: January 2010
File Transfer...: January 2010
Med's Request: June 2010
Med's Done....: July 2010
Passport Req..: September 2010
VISA ISSUED...: October 2010
LANDED..........: March 24 2011
« Reply #2 on: January 15, 2011, 08:28:01 pm »
NO. this information is intended for 2011 applicant only. you will follow the intended amount on the year you have applied.

niwrrehs
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napoleonbg
Full Member
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Posts: 39
Ratings: +1
Category........: FSW1
Visa Office......: london
NOC Code......: 6241
Pre-Assessed..: Yes
App. Filed.......: august 2009
Doc's Request.: october 2009
Med's Request: 24th june 2010
Med's Done....: 1st july2010
Passport Req..: 7/1/2011
« Reply #3 on: January 15, 2011, 09:10:56 pm »
do i need to carry all the money (required fund) with me???or i can carry the amount i want???
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niwrrehs
Hero Member
*****

Posts: 379
Ratings: +15
Category........: FSW1
Visa Office......: Canadian Embassy Manila
NOC Code......: 3152
App. Filed.......: November 2009
Doc's Request.: January 2010
File Transfer...: January 2010
Med's Request: June 2010
Med's Done....: July 2010
Passport Req..: September 2010
VISA ISSUED...: October 2010
LANDED..........: March 24 2011
« Reply #4 on: January 15, 2011, 11:10:49 pm »
You need to carry the required amount for you. You can carry Cash, demand draft, Travellers Check. No other else. But in CAD, Us. dollar and euro only.

niwrrehs
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pittabread
Champion Member
******

Posts: 2061
Ratings: +427
« Reply #5 on: January 16, 2011, 03:32:44 pm »
Quote from: napoleonbg on January 15, 2011, 09:10:56 pm
do i need to carry all the money (required fund) with me???or i can carry the amount i want???

hi!

there is no minimum amount to carry. you don't need to carry exact $11086. you can carry little if you like. my friend carried $4000 and my brother carried $2000. they asked at airport how much they carrying and both told the exact amounts. no objection was made why were they not carrying $11086.
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napoleonbg
Full Member
***

Posts: 39
Ratings: +1
Category........: FSW1
Visa Office......: london
NOC Code......: 6241
Pre-Assessed..: Yes
App. Filed.......: august 2009
Doc's Request.: october 2009
Med's Request: 24th june 2010
Med's Done....: 1st july2010
Passport Req..: 7/1/2011
« Reply #6 on: January 16, 2011, 08:18:22 pm »
thanks
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niwrrehs
Hero Member
*****

Posts: 379
Ratings: +15
Category........: FSW1
Visa Office......: Canadian Embassy Manila
NOC Code......: 3152
App. Filed.......: November 2009
Doc's Request.: January 2010
File Transfer...: January 2010
Med's Request: June 2010
Med's Done....: July 2010
Passport Req..: September 2010
VISA ISSUED...: October 2010
LANDED..........: March 24 2011
« Reply #7 on: January 21, 2011, 08:07:42 am »
Quote from: pittabread on January 16, 2011, 03:32:44 pm
hi!

there is no minimum amount to carry. you don't need to carry exact $11086. you can carry little if you like. my friend carried $4000 and my brother carried $2000. they asked at airport how much they carrying and both told the exact amounts. no objection was made why were they not carrying $11086.
How lucky they are.
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