Proof of Funds

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Indican80
Member since: Jun 04

Posts: 8
Location: Hyderabad, India
Post ID: #PID

Posted on: 29-07-04 02:00:47

Mr Massood,

Could u pl guide me regarding this issue.

Would it be a problem at the port of entry If I carry only 75% of the required funds and declare that the rest 25% of the funds will be brought in when my family arrives with in 3 months.

Kindly advise.

Thanks and regards,

IndiCan

Garvo Gujarati
Member since: Nov 01

Posts: 3118
Location:
Post ID: #PID

Posted on: 29-07-04 08:58:43

It should work fine. Many did that and it worked.

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A Proud Indian Canadian

coolcanada
Member since: May 04

Posts: 2
Location: Mississauga
Post ID: #PID

Posted on: 29-07-04 13:23:45

Hi,

It wont be a problem. Just say that the rest of your money is being transferred within a week once u open a Bank account in Canada.

and it will be fine,

Good Luck,

Cool-Canada

Massood
Member since: Dec 02

Posts: 1593
Location: Vancouver, BC, Canada
Post ID: #PID

Posted on: 30-07-04 02:57:55

... but bear in mind that legally you are supposed to bring whole amount. I have never heard anyone having problems because of funds yet ... but you never know.

-----------------------------------------------------------------
Massood Joomratty, LLB(Hons), LLM

http://www.passportcanada.com" target="_blank">Your Canadian Immigration Lawyer

http://www.joomratty.com" rel="nofollow">LINK
+1-604-590-0607

worship
Member since: May 04

Posts: 90
Location: North York
Post ID: #PID

Posted on: 30-07-04 05:44:21

Hello! Mr. Massood,

Sir, if in the IMM 0008 form if I have mentioned that I have CDN $ 25,000
is it necessary for me to carry the whole amount or is it legally ok to carry the amount required for a family of four?? I could show that for the remaining amount I have assets/ bonds/ shares. Is it ok??

Your advice would be appreciated.

thank you,

sincere regards,

Worship

-----------------------------------------------------------------
It is so simple to be happy but so difficult to be simple

Indican80
Member since: Jun 04

Posts: 8
Location: Hyderabad, India
Post ID: #PID

Posted on: 30-07-04 09:33:08

Thanks for the info Mr Massood, GG and Cool Canada.

IndiCan

1Gujju
Member since: Feb 04

Posts: 18
Location: --
Post ID: #PID

Posted on: 31-07-04 00:14:58

Can anyone advise if one can open a bank account in Canada in advance prior to arrival and produce that bank statement as proof of funds when arriving?

Contributors: reachash(9) Indican80(2) ccherryl(2) Massood(2) worship(2) 1Gujju(2) deepcb(1) Garvo Gujarati(1) desi_student(1) coolcanada(1) erebello(1) suratidesi(1) Maverick(1) michelle288(1)

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