PR Landing - $10,000 in cash ?
#1
Forum Regular
Thread Starter
Joined: Apr 2015
Posts: 74
PR Landing - $10,000 in cash ?
Hi,
I've finally received my COPR by mail a few days ago. With it came a six-page letter with recommandations and instructions on activating PR. Nothing I didn't know, except the end of the "Funds" paragraph (My translation, the letter is in French) :
Each principal applicant in the economic class must have in hand, in the form of cash, money order or traveler's cheque, 10 000 $CAD, plus 2 000 $ for each accompanying person
My intention was to bring CAD$ 1,000 cash, and a bank affidavit and bank statements, stating I have in my account xxxxx €, which approximates to CAD$ yyyy (the latter number being bigger than $11,931 Proof of funds – Skilled immigrants (Express Entry))
Has anyone been actually asked this, whether in writing or at the border ? Thank you.
I've finally received my COPR by mail a few days ago. With it came a six-page letter with recommandations and instructions on activating PR. Nothing I didn't know, except the end of the "Funds" paragraph (My translation, the letter is in French) :
Each principal applicant in the economic class must have in hand, in the form of cash, money order or traveler's cheque, 10 000 $CAD, plus 2 000 $ for each accompanying person
My intention was to bring CAD$ 1,000 cash, and a bank affidavit and bank statements, stating I have in my account xxxxx €, which approximates to CAD$ yyyy (the latter number being bigger than $11,931 Proof of funds – Skilled immigrants (Express Entry))
Has anyone been actually asked this, whether in writing or at the border ? Thank you.
#2
Just Joined
Joined: Apr 2015
Posts: 23
Re: PR Landing - $10,000 in cash ?
Hi
You can have a bank statement with you showing the required funds. No cash is necessary. When I landed 3 months ago in NS, nobody asked me any questions related to money
Good luck with your relocation
Anna
You can have a bank statement with you showing the required funds. No cash is necessary. When I landed 3 months ago in NS, nobody asked me any questions related to money
Good luck with your relocation
Anna
#3
Re: PR Landing - $10,000 in cash ?
I also didn't get asked for any proof of funds, but I did take along the bank financial reports that I'd used when applying to EE just in case. No reason why they wouldn't accept that IMO.
#4
Forum Regular
Thread Starter
Joined: Apr 2015
Posts: 74
Re: PR Landing - $10,000 in cash ?
Thanks Anna-Maria and KuroKuor for sharing your experiences. I'll do as planned then. Just to be clear, your bank statements weren't in Canadian dollars I assume ? You had Euros or Pounds or whatever ?
#5
Just Joined
Joined: Apr 2015
Posts: 23
Re: PR Landing - $10,000 in cash ?
HI Djaybi
Good question you are asking. I had a Canadian bank account and so my statement was in $$$. Not sure where from and when you are planning to land but I know that for UK residents for example, some Canadian banks have an online offer for new comers (virtual opening from the UK and full activation once you land). So you can transfer your GBP or whatever your currency is into $$$ and the rate is very good now anyway. I opened my Canadian account when I was on holiday, so prior to landing. Hope that helps.
Good question you are asking. I had a Canadian bank account and so my statement was in $$$. Not sure where from and when you are planning to land but I know that for UK residents for example, some Canadian banks have an online offer for new comers (virtual opening from the UK and full activation once you land). So you can transfer your GBP or whatever your currency is into $$$ and the rate is very good now anyway. I opened my Canadian account when I was on holiday, so prior to landing. Hope that helps.
#6
Re: PR Landing - $10,000 in cash ?
I've been in Canada 2 years already, so my accounts were definitely in CAD.
#7
Re: PR Landing - $10,000 in cash ?
It's a few years ago now, but when we landed permanently, all our bank statements were in UK pounds. Not than anyone asked to se them. I guess the powers that be had already seen all the evidence paperwork with the original PR application.