will mutual funds and shares and PPF be counted as proof of funds

[boss2009]

Will

Mutual funds
shares
Public provident fund PPF

be counted as proof of funds for chc

 

[windtunnel]

Depends on your CHC. What's your visa office?

In my country, there's something called Employees Provident Fund (similar to your PPF I guess), which is redeemable for emigration purposes. Therefore CHC Colombo accepts that as proof of funds.

I'm not sure about shares because their value can vary by the day or by the hour even. So there is a likelihood that it may not be accepted.

 

[Raman_Ram]

hi will they accept fixed deposits and property like house?

 

[ja77]

hi will they accept fixed deposits and property like house?

fixed deposits, yes. properly, i heard only chc london accepts property as proof of funds.

 

[kagan]

If London visa accepts property as funds how do we have to prove it when we submit the full application? Do we have to attach personal worth statement when we submitting?

Please advice me.

Thanks,

Kagan

 

[mohit_sharma123]

hi to all
dear as per my knowledge only liquid money (fixed deposits)only they are considered in india ..no property no mutual funds .no shares .becouse they can go down and up with the market and CHC dont consider variation .i was told this by top consultants as (wwics)
gud luck to all
mohit

 

[kagan]

London visa office accepts property as a proof of fund. PMM says that before many different occasions. But I would like to know how to do when I submit the application to London visa office. The options on the visa form is only cash but not property. But there is also personal worth form to fill later on. Do I have to fill the form and submit alongside my application?

Seniors please help.

Thanks,

Kagan

 

[SD2009]

hi to all
dear as per my knowledge only liquid money (fixed deposits)only they are considered in india ..no property no mutual funds .no shares .becouse they can go down and up with the market and CHC dont consider variation .i was told this by top consultants as (*****)
gud luck to all
mohit

I agree with you.

What do they say about Provident Fund ??

 

[sharma77]

no. check their website. clearly mentioned

 

[navdeepkaushal]

Pl check the link. Stocks (Shares) and mutual funds are mentioned as proof of funds on the website.
Not sure about PPF, GPF or LIC.

cic.gc.ca/english/immigrate/skilled/funds.asp

Regards

Navdeep