Showing funds for immigration

[chiyakam]

Please ignore this post - a browser issue resulted in getting a new topic created instead of posting of reply to the relevant topic.

My apologies to all the members.

Now, as I have just purchased house in Mumbai and is not having any savings in bank account (everything already spent over the flat), could you please suggest what am I suppose to do.

I had a similar situation except that I had my loan account as an overdraft account. My lawyer suggested me to show some FDs to account for the funds available. What they want to see is that if you have funds that are readily available in case you are given a PR. They do not want to see any assets that aren't liquid.

You can also explore the route of showing funds via your parents / in-laws who need to declare that they are giving the required funds (by creating an FD in your name) as a gift to you for settling down in Canada. Of course you can raise money by selling your assets later on when you get the PR, but for you to 'show' them the funds you'll need to at least show something.