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Urgent!!! Nova Scotia PNP: Minimum Funds requirement

nafstyle

Star Member
Oct 4, 2015
119
34
Hi all,

I am confused over the minimum funds requirement of the Nova Scotia PNP.
I found the below extract from the NS PNP Application guide.

Step 3: Minimum Funds Requirement

You must show that you have a sufficient amount of funds to successfully establish yourself and your family in Nova Scotia and to pay your immigration costs and travel expenses (if applicable) at the time of application to NSOI and your application for permanent residency to CIC (as well as at Express Entry profile submission stage).

The amount of money you need to support your family is determined by the size of your family, as shown at the table at the following link: http://www.cic.gc.ca/english/immigrate/skilled/funds.asp. This table was developed for the Federal Skilled Worker program, but the amounts also apply to the Nova Scotia Demand: Express Entry stream.

The Nova Scotia Office of Immigration may not approve an application if it appears likely that your family income (based on your job offer and any spousal income) will be below Statistics Canada’s applicable Low-Income Cut-Off at Table 3 http://www.cic.gc.ca/english/information/applications/guides/5196ETOC.asp#5196E9

As per the highlighted statement above, they have mentioned a Low-Income Cut-Off amount of approximately CAD 30,000 per annum for me and my spouse. But, my current income is only around CAD 19,000 per annum.

Does this mean I am not eligible to apply?

Please advise ASAP.

Thanks in advance..
 

jkcanada

Full Member
Sep 19, 2015
48
5
Category........
Other
nafstyle said:
Hi all,

I am confused over the minimum funds requirement of the Nova Scotia PNP.
I found the below extract from the NS PNP Application guide.

Step 3: Minimum Funds Requirement

You must show that you have a sufficient amount of funds to successfully establish yourself and your family in Nova Scotia and to pay your immigration costs and travel expenses (if applicable) at the time of application to NSOI and your application for permanent residency to CIC (as well as at Express Entry profile submission stage).

The amount of money you need to support your family is determined by the size of your family, as shown at the table at the following link: http://www.cic.gc.ca/english/immigrate/skilled/funds.asp. This table was developed for the Federal Skilled Worker program, but the amounts also apply to the Nova Scotia Demand: Express Entry stream.

The Nova Scotia Office of Immigration may not approve an application if it appears likely that your family income (based on your job offer and any spousal income) will be below Statistics Canada’s applicable Low-Income Cut-Off at Table 3 http://www.cic.gc.ca/english/information/applications/guides/5196ETOC.asp#5196E9

As per the highlighted statement above, they have mentioned a Low-Income Cut-Off amount of approximately CAD 30,000 per annum for me and my spouse. But, my current income is only around CAD 19,000 per annum.

Does this mean I am not eligible to apply?

Please advise ASAP.

Thanks in advance..
Are u currently residing in Canada and sponsoring someone, I hope not? My view is - This 30K per annum is for people residing in Canada who are trying to sponsor someone. If you are not then you need to show avg balance of 15K CAD (2 ppl) in ur bank account over last 6 months.