Source of income -HELP

[nssnick]

For SPP applicants, What financial documents and other source of income have to be shown in case if your parents are retired ?? Please guide me through all the formalities that has to be done in order to make a strong profile?

 

[Regina]

Where did they get money: long list of savings?

 

[nssnick]

Where did they get money: long list of savings?

My parents are retired, mother getting pension, not father. Agent saying to show J-forms (Agricultural land income) + your mothers pension payment order. The total should be above 5 lakh(inr) Or show the present year's income tax return of equivalent sum.

Is this sufficient to show the source of income proof or any other document also needed?The savings account of my parents have fair amount of balance that will be used to pay my course fees and living expenses.

 

[Regina]

The savings account of my parents have fair amount of balance that will be used to pay my course fees and living expenses.

show everything that your agent said PLUS parents bank statments showing how did they get those money in savings.

And, please , guys, do not talk about funds in your local currency. We are talking about Canada, let's talk in CAD. It is not a forum for Pakistani and Indians only.

 

[moneywater]

why agent is asking for statements if you are applying under SPP??

you only need the 10,000$ GIC and the payment slip of 1 semester fees....no IT returns and statements are required (according to SPP checklist)

 

[nssnick]

why agent is asking for statements if you are applying under SPP??

you only need the 10,000$ GIC and the payment slip of 1 semester fees....no IT returns and statements are required (according to SPP checklist)

Thats what i was thinking, though it is not required the agent was saying just to make a strong case..its better to attach such supporting documents.

 

[moneywater]

Thats what i was thinking, though it is not required the agent was saying just to make a strong case..its better to attach such supporting documents.

if the document is not listed in the checklist then it is not to be submitted....submitting extra documents will slow your visa process ...it is clearly written on the CIC website.

 

[nssnick]

why agent is asking for statements if you are applying under SPP??

you only need the 10,000$ GIC and the payment slip of 1 semester fees....no IT returns and statements are required (according to SPP checklist)

But source of income has to be shown ?? right ????

 

[Regina]

But source of income has to be shown ?? right

Of course! VO wants to be sure 1. money is not borrowed only to show to them , to get visa and to return money back. 2. money are from legal source.

 

[nssnick]

Of course! VO wants to be sure 1. money is not borrowed only to show to them , to get visa and to return money back. 2. money are from legal source.

Can you please tell me, how much money one has to show?

 

[Regina]

How long is your study?

Usually it is one year tuition+ living expenses + evidence of future income of sufficient funds coming in the future (business, good job of parents). Or a whole amount for all years of studying and living in Canada.

 

[nssnick]

How long is your study?

Usually it is one year tuition+ living expenses + evidence of future income of sufficient funds coming in the future (business, good job of parents). Or a whole amount for all years of studying and living in Canada.

Well, i am going for 2 year course in humber IT Solutions. 1 year cost is $13,500+ $10,1000 GIC. My parents are retired and i am asking about the source of income.

 

[Regina]

My parents are retired and i am asking about the source of income.

OK. How did they get that money? Have been they saving& did they sell a property? They got money somehow. HOW?

 

[nssnick]

OK. How did they get that money? Have been they saving& did they sell a property? They got money somehow. HOW?

saved it