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abhikeerthan

Star Member
Jan 3, 2015
86
17
Guys,

Today i got an email from Centralized intake office.. Is it to update funds or any luck ?

ENGLISH:

Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada or you have been invited to apply under the Canadian Experience Class, you must show that you have enough money to support yourself and your family once you arrive in Canada. We determine how much money you need based on 50 percent of the low income cut-off (LICO) totals and these numbers are updated every year.

IRCC will be updating the proof of funds required for Express Entry candidates on February 27, 2016. You should check that you have reported having enough money to meet the increased standard, based on the new cut-off, to support your family if you immigrate to Canada. You can do so by updating the amount of money available to support yourself and your family in Canada in the “Personal Details” section in your Express Entry profile. This change is small but there is a possibility that it could affect your eligibility. If you do not report having enough money to meet the required minimum, you will be removed from the Express Entry pool. The minimum funds required can be found at http://www.cic.gc.ca/english/immigrate/skilled/funds.asp.

Thank you for your interest in Canada.
www.cic.gc.ca
 
abhikeerthan said:
Guys,

Today i got an email from Centralized intake office.. Is it to update funds or any luck ?

ENGLISH:

Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada or you have been invited to apply under the Canadian Experience Class, you must show that you have enough money to support yourself and your family once you arrive in Canada. We determine how much money you need based on 50 percent of the low income cut-off (LICO) totals and these numbers are updated every year.

IRCC will be updating the proof of funds required for Express Entry candidates on February 27, 2016. You should check that you have reported having enough money to meet the increased standard, based on the new cut-off, to support your family if you immigrate to Canada. You can do so by updating the amount of money available to support yourself and your family in Canada in the “Personal Details” section in your Express Entry profile. This change is small but there is a possibility that it could affect your eligibility. If you do not report having enough money to meet the required minimum, you will be removed from the Express Entry pool. The minimum funds required can be found at http://www.cic.gc.ca/english/immigrate/skilled/funds.asp.

Thank you for your interest in Canada.
www.cic.gc.ca

It means exactly what it says, the minimum fund required to be eligible for Express entry has increased. You will have to check the link that they have provided for new funds required and update your profile accordingly. You don't have to do this if you have a LMIA approved job offer or you fall under CEC.