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Applying for PR visa - proof of funds

Applying for PR visa - proof of funds

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Old Jun 15th 2003, 10:12 am
  #1  
Ed Fisher
Guest
 
Posts: n/a
Default Applying for PR visa - proof of funds

Hi.

I'm keen on permanent relocation to Canada from the UK. I've read
through the CIC website material and scored enough points on the
self-assessment. I have a few questions that I hope someone can help
me out with: -

a) I'm told that I should get to Canada first and then try to find a
job. Is this the 'normal' way of going about things? I had been
applying for jobs to get an extra 10 points and a bit more security,
but the suggestion is I won't get a response unless I have PR status.

b) Part of the application requires 'proof of funds' to support my
family for six months in Canada. I have these funds, but they are tied
up in my house. To get the funds in liquid form in the bank I will
have to sell my house and repay the mortgage first. Do I really have
to do this BEFORE I apply for PR visa? I've read other threads in the
discussion area but they seem a little contracting. Some up-to-date
clarification on this would be very much appreciated.

Thanks!

Ed.
 
Old Jun 15th 2003, 2:14 pm
  #2  
The Wizzard
Guest
 
Posts: n/a
Default Re: Applying for PR visa - proof of funds

ed fisher wrote:
    > Hi.
    >
    > I'm keen on permanent relocation to Canada from the UK. I've read
    > through the CIC website material and scored enough points on the
    > self-assessment. I have a few questions that I hope someone can help
    > me out with: -
    >
    > a) I'm told that I should get to Canada first and then try to find a
    > job. Is this the 'normal' way of going about things? I had been
    > applying for jobs to get an extra 10 points and a bit more security,
    > but the suggestion is I won't get a response unless I have PR status.

Depends what you mean by go to Canada first to find a job. It can help
to visit Canada and actually enquire about jobs in person, but you can't
actually get a job when you are there as you'd be a visitor and you
can't apply for the work permit while you are in Canada you need to come
back to the UK and apply once you get HRDC validation for the job. So
really the only advantage in that respect is trying to speak to people
face to face and network with them.

What they may have been suggesting is that going to Canada on a work
permit and then applying for PR while youa re already in Canada on a
work permit may be the way to go. This way you can get extra points for
the job if they will guarantee it you filltime when you get PR and also
there are adaptability points in relation to teh work permit.

I think it is definately one of the ways to go, trying to find a job in
Canada first to get extra points, and of course the benefit of
experienceing living and working in Canada before you get PR.

The downside is it is a pretty difficult thing to do, finding a job
before you are living in the country and legally allowed to work there.
Most people seem to be managing this either in high demand areas or
through intra company transfers.


    >
    > b) Part of the application requires 'proof of funds' to support my
    > family for six months in Canada. I have these funds, but they are tied
    > up in my house. To get the funds in liquid form in the bank I will
    > have to sell my house and repay the mortgage first. Do I really have
    > to do this BEFORE I apply for PR visa? I've read other threads in the
    > discussion area but they seem a little contracting. Some up-to-date
    > clarification on this would be very much appreciated.
    >
As far as I am aware you can show an official valuation of your house
and stuff showing you are going to sell it etc and mortgage info to show
your equity in yoru house to use as proof of funds for PR purposes.

Drew
 
Old Jun 15th 2003, 2:41 pm
  #3  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Applying for PR visa - proof of funds

Home valuation alone won't be sufficient anymore. You are required to show
proof of unencumbered and readily transferable funds in a convertible
currency available for settlement in Canada. Such proof could be:

- current bank certification letter; or
- evidence of savings balance; or
- fixed or time deposit statements.

--

../..

Andrew Miller
Immigration Consultant
Vancouver, British Columbia
email: [email protected]
(delete REMOVE from the above address before sending email)
________________________________


"The Wizzard" wrote in message
news:[email protected]...
    > ed fisher wrote:
    > > Hi.
    > >
    > > I'm keen on permanent relocation to Canada from the UK. I've read
    > > through the CIC website material and scored enough points on the
    > > self-assessment. I have a few questions that I hope someone can help
    > > me out with: -
    > >
    > > a) I'm told that I should get to Canada first and then try to find a
    > > job. Is this the 'normal' way of going about things? I had been
    > > applying for jobs to get an extra 10 points and a bit more security,
    > > but the suggestion is I won't get a response unless I have PR status.
    > Depends what you mean by go to Canada first to find a job. It can help
    > to visit Canada and actually enquire about jobs in person, but you can't
    > actually get a job when you are there as you'd be a visitor and you
    > can't apply for the work permit while you are in Canada you need to come
    > back to the UK and apply once you get HRDC validation for the job. So
    > really the only advantage in that respect is trying to speak to people
    > face to face and network with them.
    > What they may have been suggesting is that going to Canada on a work
    > permit and then applying for PR while youa re already in Canada on a
    > work permit may be the way to go. This way you can get extra points for
    > the job if they will guarantee it you filltime when you get PR and also
    > there are adaptability points in relation to teh work permit.
    > I think it is definately one of the ways to go, trying to find a job in
    > Canada first to get extra points, and of course the benefit of
    > experienceing living and working in Canada before you get PR.
    > The downside is it is a pretty difficult thing to do, finding a job
    > before you are living in the country and legally allowed to work there.
    > Most people seem to be managing this either in high demand areas or
    > through intra company transfers.
    > >
    > > b) Part of the application requires 'proof of funds' to support my
    > > family for six months in Canada. I have these funds, but they are tied
    > > up in my house. To get the funds in liquid form in the bank I will
    > > have to sell my house and repay the mortgage first. Do I really have
    > > to do this BEFORE I apply for PR visa? I've read other threads in the
    > > discussion area but they seem a little contracting. Some up-to-date
    > > clarification on this would be very much appreciated.
    > >
    > As far as I am aware you can show an official valuation of your house
    > and stuff showing you are going to sell it etc and mortgage info to show
    > your equity in yoru house to use as proof of funds for PR purposes.
    > Drew
 

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