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Author Topic: Urgent Qorax and others: Car as proof of funds!  (Read 395 times)
azazaz
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« on: August 22, 2011, 11:44:21 am »

One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
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mayankpandya
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Category........: FSW1
Visa Office......: New Delhi
NOC Code......: 3131
App. Filed.......: 10-02-2011.
Doc's Request.: PER on 24- MAR- 2011.
AOR Received.: 20-APRIL-2011
File Transfer...: In-Process on 30 May 2011
Med's Request: 14 July 2011
Med's Done....: 22 July 2011
Passport Req..: 14 -Jul- 2011  Passport send on 26-Jul-11
VISA ISSUED...: 29-AUG-11
LANDED..........: 16-OCT-11

« Reply #1 on: August 22, 2011, 11:48:09 am »

Dear Azaz,

Sorry to say that CAR can not be shown at POF.

Regards
Mayank

One of my friend who is from London visa office has problems showing proog of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards
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aLpHa MaLe
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Posts: 65
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Category........: FSW1
Visa Office......: NEW DELHI
NOC Code......: 1122
Pre-Assessed..: Yes
App. Filed.......: 05/07/2011 Received by Mr. Mike on 11/07/2011
IELTS Request: SENT WITH THE APPLICATION

« Reply #2 on: August 22, 2011, 11:48:39 am »

no brother.....car and property can not used as proof of funds.............only jewellary, cash,bank balance and fixed deposits..........can be used a proof of funds......car and property value can be used only in business immigration.............
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azazaz
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« Reply #3 on: August 22, 2011, 11:50:36 am »

Oh thats sad to hear. I will let him know anyway. Thanks guys for your answers. +1 for you all for prompt response.
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omm
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« Reply #4 on: August 22, 2011, 12:03:16 pm »

Sorrry, Car can not be count as POF. But you can sell and en-cash money. Deposit those money in your bank-account that accepted as your POF.

OMM
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"Use of my all information here in this forum is strictly at your own risk."India-Gujarati People please join/share:
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OMM
Baloo
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« Reply #5 on: August 22, 2011, 12:11:23 pm »

One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards

Sell the car, only then will the funds be useful in this context.
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Hoping for an immigration stream for everyone with this tattoo on their thigh
I provide opinions drawn from experience - I am not a lawyer. Questions? - Check Immipedia http://immipedia.ca
theshivster
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Category........: FSW1
Visa Office......: London
NOC Code......: 7215
App. Filed.......: 12-04-2011
AOR Received.: 17-05-2011
IELTS Request: sent with app 8.5 band score
File Transfer...: RBVO 21 June 2011 IN PROCESS 20 Jan 2012
Med's Request: waiting
Med's Done....: waiting
Interview........: I hope not!
Passport Req..: waiting
VISA ISSUED...: waiting
LANDED..........: waiting

« Reply #6 on: August 22, 2011, 12:28:17 pm »

Property can be used as proof of funds but normally at the discretion of the visa officer as funds are supposed to be liquid and unencumbered.
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mitali
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« Reply #7 on: August 22, 2011, 12:35:30 pm »

no brother.....car and property can not used as proof of funds.............only jewellary, cash,bank balance and fixed deposits..........can be used a proof of funds......car and property value can be used only in business immigration.............

Jewelry not accepted as POF...but selling jewelry to have liquid funds will aid for POF.

Mitali
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I am NOT AN EXPERT on Immigration. The above is my own personal opinion and you are not bound to follow it.
https://docs.google.com/spreadsheet/ccc?authkey=CLDXsFA&key=0AiJy8Qu8lcQbdGxiSnNhME5sVi1uRlZtUWNhOEFwemc&hl=ar&authkey=CLDXsFA#gid=0
omm
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« Reply #8 on: August 22, 2011, 12:39:25 pm »

Correct Mitali, any Dimonds, Gold Bars, ornaments not accepted as POF.
you can bring those items with you in canada but VO not accepted as POF.

OMM
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"Use of my all information here in this forum is strictly at your own risk."India-Gujarati People please join/share:
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OMM
mitali
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« Reply #9 on: August 22, 2011, 12:42:39 pm »

Correct Mitali, any Dimonds, Gold Bars, ornaments not accepted as POF.
you can bring those items with you in canada but VO not accepted as POF.

OMM

How I wish to have atleast POSSESS  Wink them.....what a nice feeling. Living in a fantasy dreamland here ....OMM!! Tongue

Mitali
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I am NOT AN EXPERT on Immigration. The above is my own personal opinion and you are not bound to follow it.
https://docs.google.com/spreadsheet/ccc?authkey=CLDXsFA&key=0AiJy8Qu8lcQbdGxiSnNhME5sVi1uRlZtUWNhOEFwemc&hl=ar&authkey=CLDXsFA#gid=0
omm
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« Reply #10 on: August 22, 2011, 01:31:48 pm »

How I wish to have atleast POSSESS  Wink them.....what a nice feeling. Living in a fantasy dreamland here ....OMM!! Tongue

Mitali

hmm, I own some GOLD bars & ornaments... Ohhh.. I forget about Platinum  Shocked Cry.. anyone have this costliest metal? Sorry this costliest metal also not accepted as POF (please don't ask that you own stone from "MOON" that STONE also not accepted as POF  Grin).

OMM
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"Use of my all information here in this forum is strictly at your own risk."India-Gujarati People please join/share:
http://www.canadavisa.com/canada-immigration-discussion-board/gujarati-people-fsw-pr-status-with-noc-share-here-t43250.0.html

OMM
Kanamen
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« Reply #11 on: August 22, 2011, 01:33:08 pm »

One of my friend who is from London visa office has problems showing proof of funds. He has got a car worth about $4000. Can it be shown as part of proof of funds and if yes what should he provide for the car. Evaluation from property agent or what?

Many thanks and Regards

Well replied by Baloo,mayankpandya,omm,theshivster and mitali.
For property ,you must have to have an appraisal from approved /recognized organization.
Good Luck
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I LOVE CANADA
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