Proof of funds for express entry increases

  • Sosaan Immigration

Categories: Canada Common Law Partner Visa Canada Federal Skilled Trades Canada LMIA Canada Provincial Nominee Program Canada Spousal Sponsorship Canada Work Permit Canadian Citizenship Canadian Experience Class Canadian Immigration Services Dependent Child Sponsorship Canada Federal Skilled Trades Program Immigrating to Canada Immigration Consulting Firm Permanent Resident Card Renewal Regulated Canadian Immigration Consultant Study in Canada Temporary Resident Visa Visitor Visa Canada

Federal Skilled Workers and Federal Skilled Trades candidates who do not have a Canadian job offer will need the following amounts to remain eligible for immigration:

Number of Family Members Funds Required in Canadian Dollars
1 $13,310
2 $16,570
3 $20,371
4 $24,733
5 $28,052
6 $31,638
7 $35,224
Each additional family member $ 3,586
  • The funds must be readily available when applying for a permanent resident visa.
  • You must be able to pay the cost of living for your family, even those who are not coming with you.
  • If your spouse is accompanying you, the money you have together in a joint account can be used as proof for settlement funds.
  • You cannot borrow this money from another person, and you cannot use equity on property as proof of settlement funds.

Blog by Sosaan Immigration