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can i use property and land in my name as proof of funds

Hi,

No, You need to show only CASH that you have in bank.
 
mobbi said:
Bank statement for how much months will be required?
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It should be on ur name or ur accompany spouse's or joint account ( u and spouse) name and at least 3-6 months.
it is better if u put ur POF as a FDR.

hope it will help u
 
mobbi said:
Can I use documents of property in my name as proof of funds in EE?
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You can use:
1. Cash at your bank , your spouse's bank a/c or joint a/c
2. Provident fund+Gratuity at your company
3. Govt. Stock+Bond
4. FDR at bank

In a summary, all liquid assets which can be immediately transferred into cash with very clear valuation in monetary measurement (land,car,flat,gold etc. can not be quickly transferable asset and/or difficult to assess the exact valuation hence not accepted as POF ).
 
Aliz14 said:
Hi,

No, You need to show only CASH that you have in bank.
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Please note followings are also accepted:


1. Cash at your bank , your spouse's bank a/c or joint a/c
2. Provident fund+Gratuity at your company
3. Govt. Stock+Bond
4. FDR

thanks
 
Good to know that PF can be used as POF. Can you share the website link that allows this one pls?
 
keen2 said:
Good to know that PF can be used as POF. Can you share the website link that allows this one pls?
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FYI

http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

I personally know some people who submitted PF as POF and accepted by CIC
 
Thanks! Although PF wasn't mentioned specifically there, good to know that it worked for someone you know.
 
keen2 said:
Thanks! Although PF wasn't mentioned specifically there, good to know that it worked for someone you know.
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Yes, not mentioned directly; but just read under heading "How much money should you bring?" where they mentioned "documents that guarantee payment of a set amount of money, which are payable to you ....."
This presented right after the POF chart which implies POF is also supported for those items.
 
Can someone tell me if I sold the property which I have purchased for a saving purpose and show the amount as a POF is this ok? Secondly, how can I'll justify this amount in my bank account?
 
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