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| Subject: Funds to carry.. |
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Another great site folks!
Clearly mentions - you don´t have to carry $10K+ with you at the time you land.
http://immigrationguides.com/moving_to_canada/making_the_move.html
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First things first
It is important to remember that when you arrive in Canada as an immigrant, authorities will need to be convinced you have enough funds to get you through your first few months.
How much money you should have in transferable funds is determined by the size of your family.
Number of
family
members
Funds Required
(in Cdn dollars)
1 $9,897
2 $12,372
3 $15,387
4 $18,626
5 $20,821
6 $23,015
7 or more
$25,210
You do not have to show that you have these funds if you have arranged employment in Canada.
You don?t have to carry all this money with you ? merely confirm to your immigration officer at the airport that you will transfer an agreed sum to a Canadian bank within 30 days of landing. (Immigration Canada is automatically notified when funds are transferred to a bank account in your name).
How much money should you actually bring with you? Find out how much it costs to live where you are planning to settle in Canada, and bring as much money as possible to make moving and finding a home in Canada easier.
(Note: If you are carrying more than CDN $10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official you may be fined or put in prison. These funds could be in the form of:
* cash;
* securities in bearer form (for example: stocks, bonds, debentures, treasury bills); or
* negotiable instruments in bearer form (for example: bankers? drafts, cheques, travellers? cheques, money orders.)
Now that you know the minimum you need to put aside, you can decide how to handle currency deposits, property and other assets you may own.
Cash, stocks and bonds
How much you decide to transfer to Canada is entirely a personal decision. However you might like to evaluate how much you will need for you and your family to survive the early months in a new country.
Clearly declare to immigration officials the total amount you plan to bring into the country. You don?t have to transfer all these funds within the first month ? merely the minimum amount that the officer spells out.
So if some of your funds are in long-term deposits or invested in the stock market, you don?t necessarily have to pull these out immediately. Remember, though, that the interest you earn on your declared funds ? even those held outside the country ? is subject to tax.
[07-07-2006,01:42]
[**.243.235.205]
Billy |
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(in reply to: Funds to carry..)
man you are such an idiot.
notice the context you are discussing. Job offer and LANDING. The question we have been discussing is APPLICATION requirements. Landing is some time after that.
[07-07-2006,02:13]
[***.20.170.23]
Billy |
(in reply to: Funds to carry..)
what the hell is this thread? Battle of the "billy" s?
[07-07-2006,13:22]
[**.57.236.129]
Shane |
Fund to carry during 1st entry (in reply to: Funds to carry..)
Hi,
Thanks for your offer to help.
I applied on 8 June 2006 and I have done mine and my family (2 Adult 1 Infant) medical on 20 January 2010 and also paid our landing fees.
Since then I haven´t heard anything from CHC London.
I kept the required funds intact for a long time but as they were taking too long I had to use it in some personal investment for which I either prefer not to take the money out of there unless face the job crisis or I will be needed some time to arrange those back.
Is there any possibilities of getting the visa within this short period and what if I can´t arrange all the money by that time?
I can easily carry apx CAD$5000 right now. Also I have guaranteed accommodation as my cousin is living there as a Canadian citizen where I will be staying for first few months before I fully move out from London.
I will really appreciate if anyone has any suggestion on that issue.
Thanks.
[27-12-2010,04:15]
[**.217.210.210]
Russell |
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