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regarding the fund

imu

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Jan 22, 2010
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seniors pls...
i am an applicant for permanent reisdence of canada.
i have been instructed to show proof of funds. i have such a required fund in my business not in a bank account. now can i accumulate and gather the amount of fund to make the proof of fund ? will there be any problem if i withdraw the amount required or if a portion of amount taken in use in business after preparing a certificate from the bank? i actualy i want to open a new bank account after my initial application approved, will it be a problem?
seniors pls advise us.
i look forward to hearing from you all.
thanking you indeed.
 

Yahoo India

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Mainly funds in a bank account are considered. Also FDs are valid. You can show your property after evaluating its value. Better if you take out the funds from your business and put it into bank. Funds should be at least 3 months old, 6 months better. I hope this helps.