I am about to apply for Express Entry on 15.01.2019 as my WES report will only be available on 14.01.2019.
As of now, my monthly average balance for last 6 months would be around 1000 CAD as most of my earnings are put into mutual funds(locked for certain period and not readily redeemable).
I need to arrange 12475 CAD as I am single and that will be arranged through gift from my father. A gift deed will also be arranged on a legal paper. Eventually, I will have around 15000 CAD in my account but the MAB for last 6 months on the day of submission of POF will still be around (1000*5+15000)/6= 3300 CAD
What will be the effect of MAB in my case when the closing balance is 15000 CAD?
As of now, my monthly average balance for last 6 months would be around 1000 CAD as most of my earnings are put into mutual funds(locked for certain period and not readily redeemable).
I need to arrange 12475 CAD as I am single and that will be arranged through gift from my father. A gift deed will also be arranged on a legal paper. Eventually, I will have around 15000 CAD in my account but the MAB for last 6 months on the day of submission of POF will still be around (1000*5+15000)/6= 3300 CAD
What will be the effect of MAB in my case when the closing balance is 15000 CAD?
