Hi everyone,
My husband and I applied for Express Entry and we got our ITA on 11th April. I am the primary applicant and my husband is the secondary one.
I am sorry if this has been previously discussed and I might be asking the same question again but I could not find a thread similar to my case. My queries are as follows:
1) My husband and I had planned to arrange the funds required for the immigration by selling our cars. But the problem is that none of those cars are registered to us. My husband’s car is registered in his father’s name but the funds for the purchase of the car were provided by my husband. He can’t provide bank statement for that transaction so we sold the car and transferred the money into my bank account from his father’s account after the sale. As the deposits might look like as if we have taken loan from his father therefore we have decided to make an affidavit signed by notary stating that the money is given as a gift. Is this the right approach?
2) I bought my own car from my cousin and did not transfer ownership of it because I was going to sell it within a year anyway as I only needed it short term. Transferring ownership takes time and because the sellar was my cousin therefore I relied on him. In this regard my query is that if I sell this car, the sale deed is going to show my cousin’s name and not mine and hence I would not be able to prove to Candanian authorities that the deposit of money is from the sale of my car (which is in my cousin’s name). How can I prove to them that the deposit from the sale of this car is not a loan when the car is not even registered to me?
Highly appreciate your help!
My husband and I applied for Express Entry and we got our ITA on 11th April. I am the primary applicant and my husband is the secondary one.
I am sorry if this has been previously discussed and I might be asking the same question again but I could not find a thread similar to my case. My queries are as follows:
1) My husband and I had planned to arrange the funds required for the immigration by selling our cars. But the problem is that none of those cars are registered to us. My husband’s car is registered in his father’s name but the funds for the purchase of the car were provided by my husband. He can’t provide bank statement for that transaction so we sold the car and transferred the money into my bank account from his father’s account after the sale. As the deposits might look like as if we have taken loan from his father therefore we have decided to make an affidavit signed by notary stating that the money is given as a gift. Is this the right approach?
2) I bought my own car from my cousin and did not transfer ownership of it because I was going to sell it within a year anyway as I only needed it short term. Transferring ownership takes time and because the sellar was my cousin therefore I relied on him. In this regard my query is that if I sell this car, the sale deed is going to show my cousin’s name and not mine and hence I would not be able to prove to Candanian authorities that the deposit of money is from the sale of my car (which is in my cousin’s name). How can I prove to them that the deposit from the sale of this car is not a loan when the car is not even registered to me?
Highly appreciate your help!