Thanks Rajan and Stanlee. I am excited about this.
I am busy going through the list. I guess I have all sorted out. I have Couple of questions though, like:
1. Settlement funds - I wanted to start a new Investment account today, by breaking an old one (old investment account is performing bad). I am wondering if sending statements of fairly new investment account will leave any negative impact?
By investment funds, are you referring to Share Market/Mutual Funds/ELSS/ULIP? If you are referring to those, I am afraid those will not be considered as proof of funds for settlement as the value keeps fluctuating daily based on market movement and OINP must be satisfied that funds are unencumbered and readily transferable in a convertible currency. On the other hand, if you are considering to liquidate your investment, you can think of creating a Fixed Deposit. I would suggest you to show Fixed Deposits, Recurring Deposits, Savings Bank balance etc to meet the proof of funds requirement. All of these should be on the primary applicant's name. If you do not meet the sufficient fund requirement, you can get your parents/spouse to transfer funds to your account as a gift (get a Gift Deed for this one)
Regarding the proof of funds, you will have to submit the following:
- Letter from your bank (on their letter head) stating your account name, account opening date, current balance (currency and value in CAD) and full details of the bank/branch (which wold be part of the letter head)
- Bank statements for the last 6 months, stamped and signed
- FD receipts
- RD statements
- Gift Deed (if applicable)
2. Copy of a document - A copy of document is requested in many cases. Wondering when I need to provide certified or attested copy?
- Wherever, the document requires translation, the translated document should be certified or notarized.
- Your educational documents should be certified/attested/notarized
Please refer to the Application Guide and the checklist at the end of the Nomination Form
Regards
G