Express entry Money

[Shivverma]

How much we need to show (2 person) for Express entry ...please suggest me

 

[fat_penguin]

CAD$14,852 if applying under FSW with no LMIA.

If CEC or FSW w/ LMIA, then you dont have to.

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

 

[jackastor]

Fund requirement remains the same as before, notihng has changes with the express entry.

 

[Shivverma]

Do i need to mention annual income or 14,852 $
for Express entry, while making the profile

Thanks for reply

 

[fat_penguin]

I believe it should be in liquid funds (ie. savings/chequing accounts), not how much you are "making".

Please note that under FSW, you do not have to show that you have these funds if:

you have a valid offer of arranged employment in Canada (meaning you have a positive LMIA)
AND
you are currently working or authorized to work in Canada.

 

[Ritwick]

I believe it should be in liquid funds (ie. savings/chequing accounts), not how much you are "making".

Please note that under FSW, you do not have to show that you have these funds if:

you have a valid offer of arranged employment in Canada (meaning you have a positive LMIA)
AND
you are currently working or authorized to work in Canada.

I am currently working in Canada, and if I don't show this amount in EE profile, it says I am not eligible for FSW.

 

[fat_penguin]

I am currently working in Canada, and if I don't show this amount in EE profile, it says I am not eligible for FSW.

True. It doesn't matter if you are working in Canada; you have to be working in Canada w/ LMIA. Unless you have an LMIA, you have to show these funds to be able to eligible for FSW.

For CEC, you don't have to.

 

[SMCANADAVISA]

@fat_penguin: I guess the more you show is the better. I am preparing application under CEC and have been asked by my attorney to provide Proof of Fund from both Canadian and Indian banks. Anyway it's a good idea to provide documents to CIC that shows that the candidate has enough funds for managing life in Canada irrespective of the category they are in.

 

[cms_76]

Do we need to show the liquid money in bank or a property document which is owned by me enough?

 

[arajat]

I showed 40'000 cad

 

[slappy]

I showed 40'000 cad

I am putting about same amount money. but been reject by "not having enough funds"

 

[c0109]

I am putting about same amount money. but been reject by "not having enough funds"

In which step you got rejected? While filling EE profile? Or after ITA?
Because, if you have ITA that means you got arranged employment which doesn't need funds to be shown.

 

[slappy]

In which step you got rejected? While filling EE profile? Or after ITA?
Because, if you have ITA that means you got arranged employment which doesn't need funds to be shown.

that was just filling EE profile.

 

[rams2me]

if you are applying under CEC in EE, you dont need to show proof of funds. the funds available column can be same as your pay per annum mentioned in your offer letter.
if FSW then you need to show liquid cash in savings or chequing account.

 

[c0109]

if you are applying under CEC in EE, you dont need to show proof of funds. the funds available column can be same as your pay per annum mentioned in your offer letter.
if FSW then you need to show liquid cash in savings or chequing account.

But why should I show funds if I have a job with LMIA (this comes under arranged employment)? And I have less than 1yr exp so my stream is FSW

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