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xyxrtm

Star Member
Sep 27, 2016
80
4
Hello Experts!

I needed some clarifications regarding proof of funds!

I understand I have to show settlement funds while applying for PR. Currently I am a student in Canada. My settlement funds will be sponsored by my parents.

1) Will it be ok if the money remains in their account and they write a notarized gift deed that they are giving the money to me?

OR

2) WIll I have to transfer the money into my account and show that they were a gift from my parents (through the notarized gift deed)?

Thank you so much!
 
Second option.

The money must be in your name.