Financial documents for study permit

[Shahbaz042]

Please guide me.

We are five siblings and My father has private business and can support me for my finance but the problem is he has not that much money on paper(white money) kindly guide me how much money will I have to show and the procedure that it is not lended by someone else. I heard from somewhere that I can show gold slips by putting amount in my account as a financial source.

Please guide me I am very confused I have all the documents ready expect my financial documents.

 

[pk_canada123]

Please guide me.

We are five siblings and My father has private business and can support me for my finance but the problem is he has not that much money on paper(white money) kindly guide me how much money will I have to show and the procedure that it is not lended by someone else. I heard from somewhere that I can show gold slips by putting amount in my account as a financial source.

Please guide me I am very confused I have all the documents ready expect my financial documents.

You need to provide proof that you have gained that money from legal source. if you have Gold saving then sold that one and provide them receipt as proof of that saving .Which city you belonging ?

 

[Ketan Sitapara]

The better way to take a loan on Gold jewellery. There is a very nominal interest rate like 8-9% and very easy to convert into cash. even when you need that gold jewellery you can deposit the amount and on the way, you can get the jewellery back. (I know it just for visa purpose so when you get visa you can easily pay the amount and interest and release the gold)

The amount will clearly deposit in your account and you can also show as balance.

 

[Ketan Sitapara]

It is good to have gold and you can show as tangible cash but it is advisable to put the amount in saving account first rather than showing property or gold investment.