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PayPal as proof of fund? Location independent job?

DorianCarlmikael

Star Member
Jul 12, 2016
98
0
Hi everyone!
I have applied for the Express entry program AND the New Brunswick Province Nomination.
However I have a couple of question that I haven't found anywhere on the CIC website and they don't seem to have a contact email.

The proof of funds of 15k+ dollar, can it be on a PayPal account or does it have to be in a bank? I am currently in Brazil, however, I do not have a bank account here in brazil but in the UK, so to avoid fees could I use my PayPal account to secure the proof of fund?

Also, I am currently working as Social Media manager for a location independent company, which mean that if I get the ITA I will still have an income of about CAD800 monthly, can it be taken into account?
 

mgnlky

Champion Member
Jan 22, 2016
1,558
275
Vancouver
Category........
FSW
Visa Office......
Ottawa
NOC Code......
1122
Pre-Assessed..
Yes
App. Filed.......
22-12-2016
AOR Received.
22-12-2016
Med's Done....
04-11-2016
Passport Req..
22-3-2017
LANDED..........
04-09-2017
As long as the funds have been in there for 6ish months, I don't think CIC cares. However, personally I would have concerns about having that much money in a PayPal account. What is your score? If your score is high enough where you're expecting ITA soon, I would contact a Canadian bank such as Royal Bank of Canada who has programs specially designed for new immigrants. They also allow you to remotely open up an account prior to landing.