related to settlement funds

[aman dhir]

hi seniors

pl guide me regarding the "Settlement Funds (if applicable ) mentioned in the checklist form.
I am from india and the amount mentioned here is nearly 18000 dollars nearly 10Lacs. I don't have that much of funds to show in my saving account.

My query Is whether I need to show this fund at the time of application or it can be shown at some later stage. if yes what other options to show the funds...pls guide

 

[m.ibrahim]

hi seniors

pl guide me regarding the "Settlement Funds (if applicable ) mentioned in the checklist form.
I am from india and the amount mentioned here is nearly 18000 dollars nearly 10Lacs. I don't have that much of funds to show in my saving account.

My query Is whether I need to show this fund at the time of application or it can be shown at some later stage. if yes what other options to show the funds...pls guide

You need to show the fund at the time of application. Also you need to maintain this fund up until decision has been made on your application.

Regards,

 

[aman dhir]

m.Ibrahim....can fund statement of provident fund/fixed deposit/recurrent deposits/insurances etc be provided to them,,,,in addition do the bank account etc should be joint with spouse ?

 

[ESZB]

hi seniors

pl guide me regarding the "Settlement Funds (if applicable ) mentioned in the checklist form.
I am from india and the amount mentioned here is nearly 18000 dollars nearly 10Lacs. I don't have that much of funds to show in my saving account.

My query Is whether I need to show this fund at the time of application or it can be shown at some later stage. if yes what other options to show the funds...pls guide

Dear aman,

The required settlement funds depend on the no. of family members (spouse and children only) included in your application. Please refer to the following link for the actual settelement funds requirement for FSW 2013 applicants.

http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

And I would reaffirm what m.ibrahim here has told that you need to show these funds at the time of application submission and need to be maintained until a decision is made on your application. Once the file gets transferred to the visa office, a fresh copy of the latest bank statement is usually asked. Well in order to accumulate the required balance people here have told about selling property or other assets that may be liquidated.

and btw your points for English would be as follows:
Listening 7.5 (5)
Speaking 7.0 (6)
Reading 6.0 (4)
Writing 6.0 (4)
Total: 19 points

Regards

 

[aman dhir]

Thanks..

 

[aman dhir]

ESZB.....is there any compulsion on the date of entry of funds in statement like a fresh entry in account statement will work?

 

[ESZB]

ESZB.....is there any compulsion on the date of entry of funds in statement like a fresh entry in account statement will work?

Well a fresh entry/deposit can work but any large deposits just prior to the submission to application may raise suspicion of the visa officer that it has been borrowed from someone. Unless you back it up by proof that its your money e.g if you sold some property, gold etc. then you could add the relevant documents.

 

[suryavanshi]

You need to show the fund at the time of application. Also you need to maintain this fund up until decision has been made on your application.

Regards,

Hi...bro,
Iam a new guy to this blog....as iam waiting for my passports and visas in India (applied in 4/2013)till date not yet received visas.....for 4 persons i shown proof of funds as a fixed deposit for 3 months...as its validity is already closed last month....i thouht will get visas in 45 days....so i did like this...plz bro give your opinion `will this affects in visa granting (i.e rejection of visa) or visa office will contact me to show funds again...thanks in advance