Proof Of Fund For Canada PR-

 

It is an essential requirement that whenever you apply for any country’s Permanent Residency Visa, then you will have to show the proof of funds for the same. Same is the case with Canada, whenever you want to apply for the Canadian Permanent Residency Visa under any of the programs such as the Canada Express Entry Program, the Federal Skilled Worker Program or Federal Skilled Trades Program, Alberta immigrant nominee program or any other program, then you must show that you have met the settlement funds requirement and show the proof of your funds.

 

For the same purpose, you are required to get all your official letters from your banks or financial institutions wherever you are keeping your money or funds and get the verification of the same done if asked.

 

All applicants are supposed to provide a proof of funds document while they apply for the Permanent Residency Visa for Canada. Proof of funds is an essential and vital requirement while you apply for a Permanent Residency Visa in Canada. The main objective to show the proof of funds is to prove that you have sufficient money or funds to survive and settle in Canada.

 

Below-mentioned is the documents that are essential to show the Proof of Funds:

  1. Your name with the contact information such as an address, telephone number, and email address
  2. Account Details
  3. The current balance of all the accounts
  4. Average Balance for the past 6 months
  5. Details of all your current bank accounts and investment accounts
  6. Details of all your outstanding debts including your credit card details, debts and loans.

 

Canadian authorities permit the applicants to bring funds in the form of Cash, Stocks, Bonds, Debentures, Treasury bills, bankers’ drafts, Cheques, Travellers’ Cheques, Money orders and many more.

 

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