The proof of funds is the way the immigrants show that they have adequate finance for Canadian immigration. As well, programs like Federal Skilled Trades Program, Federal Skilled Worker Program and Experience Class (CEC) program require proof of funds.
If proof of funds is not needed, then you should write a letter. It must state the reason for not showing the funds proof as you got a valid job offer, you are invited to apply under the CEC or others.
Accepted proof of funds
The below things can be accepted as proof of funds
– Money in a joint account (if your partner is come with you)
– Cash
– Bonds
– Treasury bills
– Banker’s drafts
– Traveller’s cheque
– Money orders
– Debentures
– Official letters from any financial institutions
The official letters must have the letterhead of the respective financial institution, your name, contact details, and a list of the outstanding debts such as loans, and so on. As well, the latter should include all account numbers, each account opening date, accounts present balance, and the last six months’ average balance.
In addition, things such as borrowed money and real property valuation won’t be counted as proof of funds.
Canada Express Entry Visa Applying Process
Following the below steps can help to apply for the Canada Express Entry Visa
* Be sure to check if you are eligible for the express entry program
* Collect all the required documents without missing anything
* Create your express entry profile
* Submit the profile
* Depending on the CRC scores the candidates will be selected
* Applicants with the highest scores can get ITA
* The candidates have to apply for the PR within 60 days after the ITA
* Submit the additional documents if selected
* You can get PR in Canada after the verification process.
Why Choose Aram Visas?
You would feel puzzled and overwhelmed after knowing all the above processes right? But no worry as Aram Visas is always here to assist you through the entire process of Canada Express Entry Visa. We provide you with the one-stop solution for all your visa needs including profile evaluation, documentation, and everything. We will be pleased to help you, so without any delay begin your express entry visa application now!