Guys, needed a bit of advise from you.
When I uploaded my PoF along with my PR application, the liquid funds available with me was touch and go. Now, with the depreciation of the INR v/s CAD, I'm afraid that the money might now be below the threshold required. Mind you, I did show a lot of proof of other sources of money such as PF, PPF, Stocks etc. going up to approximately 50000 CAD, but I'm not really sure if they'll consider all that if the liquid funds are touch-and-go.
Now, I believe I have 2 options open in front of me -
- Raise a CSA and upload a new PoF statement citing the change in exchange rate as the reason for me submitting my new one. In this case, with my yearly bonus being credited, I've reached over 20000 CAD in liquid money easily
- Raise a GCMS notes and check whether the PoF has been set to "Met" or not by the VO and depending on that take a call whether an updated PoF statement needs to be uploaded by me
The downside with option 1 above is that it could complicate my application since I'll have to raise a CSE and upload the same and might delay my PR slightly (though not really worried on that front)
The downside with option 2 above is that I have a delay of about 20-25 days before I get my GCMS notes and maybe there's a change of rejection due to PoF in the meantime? (I guess the risks are minimal of getting processed so soon because I'm an FSW Outland with no PNP/LMIA).
What are your suggestions on this guys?