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Debt and application for PR in Quebec

Debt and application for PR in Quebec

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Old Mar 6th 2001, 2:28 pm
  #1  
fk1342
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Hello, I own almost US $30,000 to my credit card with low interest (5 to 8 %) but I have
around US $25,000 in the stocks and bonds and have $8,000 in cache for moving to Canada.
Is the Debt will be a big negative factor in considering me for the PR to Quebec.

Thank you, fk
 
Old Mar 7th 2001, 3:05 pm
  #2  
David Cohen
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This debt will likely be a consideration. As you seem to have sufficient assets in excess
of your stated liabilities to meet the settlement fund requirements for Quebec, however,
it may not be critical. Additional information on this topic may be found at Campbell,
Cohen's web site at the following URL:

http://canadavisa.com/documents/quebec/funds.htm
________
CAMPBELL, COHEN - attorneys at law [email protected] http://canadavisa.com

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