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UK - Can I use my Stocks and Shares ISA account as proof of funds?

amamh

Star Member
Sep 10, 2015
130
2
Category........
NOC Code......
2173
Job Offer........
Pre-Assessed..
Hi there,

Most of my savings are in my Stocks and Shares ISA account with Vanguard (and another with Hargreaves). This money is easily available, I can sell on any business day and withdrew it within a day or less. It's basically liquid.

Would the Canadian immigration authorities accept a letter from Vanguard/Hargreaves with the value of my holdings as a proof of funds or does it have to be a bank statement?

I would really appreciate if anyone who tried this before can help.

Thank you
 

prkartik

Star Member
Dec 22, 2016
176
12
Scarborough
Category........
CEC
Visa Office......
Ottawa
NOC Code......
2283
App. Filed.......
21-02-2017
AOR Received.
08-05-2017
Med's Done....
06-06-2017
Passport Req..
21-06-2017
VISA ISSUED...
11-07-2017
LANDED..........
26-07-2017
Hi ,

Refer below URL. Investment accounts are also considered.

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html

For proof, you must get official letters from any banks or financial institutions where you’re keeping money.

Letter(s) must

  • be printed on the financial institution’s letterhead
  • include their contact information (address, telephone number and email address)
  • include your name
  • list outstanding debts such as credit card debts and loans
  • include, for each current bank and investment account, the
    • account numbers
    • date each account was opened
    • current balance of each account
    • average balance for the past 6 months
 

amamh

Star Member
Sep 10, 2015
130
2
Category........
NOC Code......
2173
Job Offer........
Pre-Assessed..
Interesting, I should have noticed that. I'm hoping an "investment account" should include a stocks account. In an ideal world, it should, but I'm always worried about bureaucracy.