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mikefox299

Star Member
Nov 24, 2015
131
54
I have received an offer at a Canadian university and am waiting to hear back from 2 more. In the meantime, I'm researching the documents and application process for the student permit since my programs will be 1-2 years long.

I quit my job a year ago and have been using that time to study for my CFA and GMAT exams. After I received my offer of admission, I sold an apartment I had for a decent amount of money that exceeds the funds required as per the admissions letter.

My concern is that I only opened this bank account last month when I received the cheque from the buyer. The CIC website says they need a bank statement covering the period of at least 4 months, but since this account is brand new (a month old) I'm worried my visa might get rejected when I apply.

I'm going to supplement my proof of funds by attaching the sales contract (translated and notarized) to prove that the funds belong to me.

Since I have been unemployed for a year now, which I am embarrassed by, will I have to submit a bank statement from my previous bank account (which is empty, mind you) or will the new one be enough?