If you’ve applied for permanent residence in Canada under the Express Entry program, you may need to show proof of settlement funds to qualify. The proof of funds requirement allows the Canadian government to ensure that newcomers have enough money to cover their living expenses for a few months as they settle down in Canada.
In this video, we address commonly asked questions about settlement funds, including:
- Why proof of funds is required for Express Entry?
- Who needs to show proof of funds?
- How to show proof of settlement funds?
- Can you use gift money to show proof of funds?
- When do you need proof of funds for Express Entry?
For more information on proof of funds requirement for Express Entry, visit 👉 bit.ly/3LU28Gt
Looking for more FREE resources on immigrating to Canada:
➡️Cost of Living in Canada calculator: bit.ly/3MlznUQ
➡️Book an appointment to open a Canadian bank account: bit.ly/3O26ePz
➡️Pre-arrival checklist for moving to Canada: bit.ly/3LXkoih
➡️Guide on Immigrating to Canada: bit.ly/3BlhFdH
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