Proof of funds

Old Dec 14th 2003, 2:57 pm
  #1  
BE Enthusiast
Thread Starter
 
Joined: Apr 2003
Posts: 420
reddy_cd is an unknown quantity at this point
Default Proof of funds

Hello experts and fellow group members,

Recently I have got my initial assessment and am asked to do medicals within 60 days. In that letter, I am also asked to provide my bank statemments for the last three months. I know that as per the size of family (we are three in total) I need to show about $14000 + as funds.

Here my question is: Would it be ok, if I show the funds of about $10000 dollars in my bank account (which I have now) and provide the emplyment letters from my employer and my spouse's employer.

For your information: I am on student visa with a funding of $17500 per annum and my wife is on work permit (open), who is currently working as an administrative assistant for a call centre and earns about $17000 per annum.

Pl advise me whether above thing would work or I need to transfer the balance amount from India.

Any help or suggestions would be greatly appreicated.



Damodar
reddy_cd is offline  
Old Dec 14th 2003, 3:37 pm
  #2  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Proof of funds

No, it won't work. Having and proving required amount of settlement funds is
a pre-requisite. Future income doesn't count.

You are asked for updated proof of funds and several months' statements
because there is a suspicion that you don't have required funds that are
your own (not borrowed). If you have more money in your name in India then
transfer missing amount and submit also 3 months worth of bank statements
from that account to show that you had money, not just borrowed them now.

--

../..

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


"reddy_cd" <member10238@british_expats.com> wrote in message
news:[email protected]...
    > Hello experts and fellow group members,
    > Recently I have got my initial assessment and am asked to do medicals
    > within 60 days. In that letter, I am also asked to provide my bank
    > statemments for the last three months. I know that as per the size of
    > family (we are three in total) I need to show about $14000 + as funds.
    > Here my question is: Would it be ok, if I show the funds of about $10000
    > dollars in my bank account (which I have now) and provide the emplyment
    > letters from my employer and my spouse's employer.
    > For your information: I am on student visa with a funding of $17500 per
    > annum and my wife is on work permit (open), who is currently working as
    > an administrative assistant for a call centre and earns about $17000
    > per annum.
    > Pl advise me whether above thing would work or I need to transfer the
    > balance amount from India.
    > Any help or suggestions would be greatly appreicated.
    > Damodar
    > --
    > Posted via http://britishexpats.com
 
Old Dec 15th 2003, 4:25 am
  #3  
Jimmy
Guest
 
Posts: n/a
Default Re: Proof of funds

My question to Mr Miller is whether the three previous statements
requested should show minimum funds required or is it okay if the
latest one is a little more than the previous ones.. I am asking this
since, I may be assessed around March and if I am asked for three
statements, my January statement will show money a little less than
desirable (remaining which will be accumulated during february and
march). Will this pose a problem?

"Andrew Miller" <[email protected]> wrote in message news:<QTaDb.74549$bC.42146@clgrps13>...
    > No, it won't work. Having and proving required amount of settlement funds is
    > a pre-requisite. Future income doesn't count.
    >
    > You are asked for updated proof of funds and several months' statements
    > because there is a suspicion that you don't have required funds that are
    > your own (not borrowed). If you have more money in your name in India then
    > transfer missing amount and submit also 3 months worth of bank statements
    > from that account to show that you had money, not just borrowed them now.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller
    > Immigration Consultant
    > Vancouver, British Columbia
    > email: [email protected]
    > (delete REMOVE from the above address before sending email)
    > ________________________________
    >
    >
    > "reddy_cd" <member10238@british_expats.com> wrote in message
    > news:[email protected]...
    > >
    > > Hello experts and fellow group members,
    > >
    > >
    > >
    > > Recently I have got my initial assessment and am asked to do medicals
    > > within 60 days. In that letter, I am also asked to provide my bank
    > > statemments for the last three months. I know that as per the size of
    > > family (we are three in total) I need to show about $14000 + as funds.
    > >
    > >
    > >
    > > Here my question is: Would it be ok, if I show the funds of about $10000
    > > dollars in my bank account (which I have now) and provide the emplyment
    > > letters from my employer and my spouse's employer.
    > >
    > >
    > >
    > > For your information: I am on student visa with a funding of $17500 per
    > > annum and my wife is on work permit (open), who is currently working as
    > > an administrative assistant for a call centre and earns about $17000
    > > per annum.
    > >
    > >
    > >
    > > Pl advise me whether above thing would work or I need to transfer the
    > > balance amount from India.
    > >
    > >
    > >
    > > Any help or suggestions would be greatly appreicated.
    > >
    > >
    > >
    > >
    > >
    > >
    > >
    > > Damodar
    > >
    > >
    > > --
    > > Posted via http://britishexpats.com
 
Old Dec 15th 2003, 4:35 am
  #4  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Proof of funds

Yes, it may. Again - you should have money at the time of application
already at your disposal. So, make sure that you have enough money in your
account during the entire process as you may be asked for more than just 3
months of statements. Small fluctuations in the balance (even below required
minimum) over period of time would not cause problems as long as you can
demonstrate that you have enough money when asked and that such money didn't
just appear suddenly on your account.

--

../..

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


"Jimmy" <[email protected]> wrote in message
news:[email protected]...
    > My question to Mr Miller is whether the three previous statements
    > requested should show minimum funds required or is it okay if the
    > latest one is a little more than the previous ones.. I am asking this
    > since, I may be assessed around March and if I am asked for three
    > statements, my January statement will show money a little less than
    > desirable (remaining which will be accumulated during february and
    > march). Will this pose a problem?
    > "Andrew Miller" <[email protected]> wrote in message
news:<QTaDb.74549$bC.42146@clgrps13>...
    > > No, it won't work. Having and proving required amount of settlement
funds is
    > > a pre-requisite. Future income doesn't count.
    > >
    > > You are asked for updated proof of funds and several months' statements
    > > because there is a suspicion that you don't have required funds that are
    > > your own (not borrowed). If you have more money in your name in India
then
    > > transfer missing amount and submit also 3 months worth of bank
statements
    > > from that account to show that you had money, not just borrowed them
now.
    > >
    > > --
    > >
    > > ../..
    > >
    > > Andrew Miller
    > > Immigration Consultant
    > > Vancouver, British Columbia
    > > email: [email protected]
    > > (delete REMOVE from the above address before sending email)
    > > ________________________________
    > >
    > >
    > > "reddy_cd" <member10238@british_expats.com> wrote in message
    > > news:[email protected]...
    > > >
    > > > Hello experts and fellow group members,
    > > >
    > > >
    > > >
    > > > Recently I have got my initial assessment and am asked to do medicals
    > > > within 60 days. In that letter, I am also asked to provide my bank
    > > > statemments for the last three months. I know that as per the size of
    > > > family (we are three in total) I need to show about $14000 + as funds.
    > > >
    > > >
    > > >
    > > > Here my question is: Would it be ok, if I show the funds of about
$10000
    > > > dollars in my bank account (which I have now) and provide the
emplyment
    > > > letters from my employer and my spouse's employer.
    > > >
    > > >
    > > >
    > > > For your information: I am on student visa with a funding of $17500
per
    > > > annum and my wife is on work permit (open), who is currently working
as
    > > > an administrative assistant for a call centre and earns about $17000
    > > > per annum.
    > > >
    > > >
    > > >
    > > > Pl advise me whether above thing would work or I need to transfer the
    > > > balance amount from India.
    > > >
    > > >
    > > >
    > > > Any help or suggestions would be greatly appreicated.
    > > >
    > > >
    > > >
    > > >
    > > >
    > > >
    > > >
    > > > Damodar
    > > >
    > > >
    > > > --
    > > > Posted via http://britishexpats.com
 
Old Dec 15th 2003, 5:49 am
  #5  
Forum Regular
 
Joined: Dec 2003
Posts: 62
esteloval is an unknown quantity at this point
Default Re: Proof of funds

Hello Jimmy,
May I know when you sent in your application, and which CIC office you sent your application?
EsteLova
Originally posted by Jimmy
My question to Mr Miller is whether the three previous statements
requested should show minimum funds required or is it okay if the
latest one is a little more than the previous ones.. I am asking this
since, I may be assessed around March and if I am asked for three
statements, my January statement will show money a little less than
desirable (remaining which will be accumulated during february and
march). Will this pose a problem?

"Andrew Miller" <[email protected]> wrote in message news:<QTaDb.74549$bC.42146@clgrps13>...
    > No, it won't work. Having and proving required amount of settlement funds is
    > a pre-requisite. Future income doesn't count.
    >
    > You are asked for updated proof of funds and several months' statements
    > because there is a suspicion that you don't have required funds that are
    > your own (not borrowed). If you have more money in your name in India then
    > transfer missing amount and submit also 3 months worth of bank statements
    > from that account to show that you had money, not just borrowed them now.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller
    > Immigration Consultant
    > Vancouver, British Columbia
    > email: [email protected]
    > (delete REMOVE from the above address before sending email)
    > ________________________________
    >
    >
    > "reddy_cd" <member10238@british_expats.com> wrote in message
    > news:[email protected]...
    > >
    > > Hello experts and fellow group members,
    > >
    > >
    > >
    > > Recently I have got my initial assessment and am asked to do medicals
    > > within 60 days. In that letter, I am also asked to provide my bank
    > > statemments for the last three months. I know that as per the size of
    > > family (we are three in total) I need to show about $14000 + as funds.
    > >
    > >
    > >
    > > Here my question is: Would it be ok, if I show the funds of about $10000
    > > dollars in my bank account (which I have now) and provide the emplyment
    > > letters from my employer and my spouse's employer.
    > >
    > >
    > >
    > > For your information: I am on student visa with a funding of $17500 per
    > > annum and my wife is on work permit (open), who is currently working as
    > > an administrative assistant for a call centre and earns about $17000
    > > per annum.
    > >
    > >
    > >
    > > Pl advise me whether above thing would work or I need to transfer the
    > > balance amount from India.
    > >
    > >
    > >
    > > Any help or suggestions would be greatly appreicated.
    > >
    > >
    > >
    > >
    > >
    > >
    > >
    > > Damodar
    > >
    > >
    > > --
    > > Posted via http://britishexpats.com
esteloval is offline  
Old Dec 15th 2003, 10:25 am
  #6  
BE Enthusiast
Thread Starter
 
Joined: Apr 2003
Posts: 420
reddy_cd is an unknown quantity at this point
Default Re: Proof of funds

Mr. Miller,
Thanks for your reply. I will do as suggested.

Damodar

Originally posted by Andrew Miller
No, it won't work. Having and proving required amount of settlement funds is
a pre-requisite. Future income doesn't count.

You are asked for updated proof of funds and several months' statements
because there is a suspicion that you don't have required funds that are
your own (not borrowed). If you have more money in your name in India then
transfer missing amount and submit also 3 months worth of bank statements
from that account to show that you had money, not just borrowed them now.

--

../..

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


"reddy_cd" <member10238@british_expats.com> wrote in message
news:[email protected]...
    > Hello experts and fellow group members,
    > Recently I have got my initial assessment and am asked to do medicals
    > within 60 days. In that letter, I am also asked to provide my bank
    > statemments for the last three months. I know that as per the size of
    > family (we are three in total) I need to show about $14000 + as funds.
    > Here my question is: Would it be ok, if I show the funds of about $10000
    > dollars in my bank account (which I have now) and provide the emplyment
    > letters from my employer and my spouse's employer.
    > For your information: I am on student visa with a funding of $17500 per
    > annum and my wife is on work permit (open), who is currently working as
    > an administrative assistant for a call centre and earns about $17000
    > per annum.
    > Pl advise me whether above thing would work or I need to transfer the
    > balance amount from India.
    > Any help or suggestions would be greatly appreicated.
    > Damodar
    > --
    > Posted via http://britishexpats.com
reddy_cd is offline  
Old Dec 16th 2003, 12:46 am
  #7  
Jimmy
Guest
 
Posts: n/a
Default Re: Proof of funds

My application was created in Feb 03 and the AOR is early Mar 03. I
was given 50 week timeframe for assessment by Buffalo's consulate.
Why do you ask?
esteloval <member18621@british_expats.com> wrote in message news:<[email protected]>...
    > Hello Jimmy,
    >
    > May I know when you sent in your application, and which CIC office you
    > sent your application?
    >
    > EsteLova
    >
    > Originally posted by Jimmy
    >
    > > My question to Mr Miller is whether the three previous statements
    >
    > > requested should show minimum funds required or is it okay if the
    >
    > > latest one is a little more than the previous ones.. I am asking this
    >
    > > since, I may be assessed around March and if I am asked for three
    >
    > > statements, my January statement will show money a little less than
    >
    > > desirable (remaining which will be accumulated during february and
    >
    > > march). Will this pose a problem?
    >
    > >
    >
    > > "Andrew Miller" <[email protected]> wrote in message
    > > news:<QTaDb.74549$bC.42146@clgrps13>...
    >
    > > > No, it won't work. Having and proving required amount of
    > > settlement funds is
    >
    > > > a pre-requisite. Future income doesn't count.
    >
    > > >
    >
    > > > You are asked for updated proof of funds and several months'
    > > statements
    >
    > > > because there is a suspicion that you don't have required funds
    > > that are
    >
    > > > your own (not borrowed). If you have more money in your name in
    > > India then
    >
    > > > transfer missing amount and submit also 3 months worth of bank
    > > statements
    >
    > > > from that account to show that you had money, not just borrowed
    > > them now.
    >
    > > >
    >
    > > > --
    >
    > > >
    >
    > > > ../..
    >
    > > >
    >
    > > > Andrew Miller
    >
    > > > Immigration Consultant
    >
    > > > Vancouver, British Columbia
    >
    > > > email: [email protected]
    >
    > > > (delete REMOVE from the above address before sending email)
    >
    > > > ________________________________
    >
    > > >
    >
    > > >
    >
    > > > "reddy_cd" <member10238@british_expats.com> wrote in
    > > message
    >
    > > > news:[email protected]"]news:1117673.1-
    > > [email protected][/url]...
    >
    > > > >
    >
    > > > > Hello experts and fellow group members,
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > Recently I have got my initial assessment and am asked to do
    > > medicals
    >
    > > > > within 60 days. In that letter, I am also asked to provide my
    > > bank
    >
    > > > > statemments for the last three months. I know that as per the
    > > size of
    >
    > > > > family (we are three in total) I need to show about $14000 +
    > > as funds.
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > Here my question is: Would it be ok, if I show the funds of
    > > about $10000
    >
    > > > > dollars in my bank account (which I have now) and provide the
    > > emplyment
    >
    > > > > letters from my employer and my spouse's employer.
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > For your information: I am on student visa with a funding of
    > > $17500 per
    >
    > > > > annum and my wife is on work permit (open), who is currently
    > > working as
    >
    > > > > an administrative assistant for a call centre and earns about
    > > $17000
    >
    > > > > per annum.
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > Pl advise me whether above thing would work or I need to
    > > transfer the
    >
    > > > > balance amount from India.
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > Any help or suggestions would be greatly appreicated.
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > >
    >
    > > > > Damodar
    >
    > > > >
    >
    > > > >
    >
    > > > > --
    >
    > > > Posted via http://britishexpats.com/"]http://britishexpat-
    > s.com[/url]
 
Old Jan 6th 2004, 11:36 am
  #8  
Imran Badr
Guest
 
Posts: n/a
Default Re: Proof of funds

Hello Mr. Miller,

May be I misunderstood, but why do you suggest to transfer money from
India when he already has that money under his name over there? Isn't
it enough to show statements from two banks in which he has accounts?

Thanks,
Imran.







"Andrew Miller" <[email protected]> wrote in message news:<ChmDb.79918$bC.21956@clgrps13>...
    > Yes, it may. Again - you should have money at the time of application
    > already at your disposal. So, make sure that you have enough money in your
    > account during the entire process as you may be asked for more than just 3
    > months of statements. Small fluctuations in the balance (even below required
    > minimum) over period of time would not cause problems as long as you can
    > demonstrate that you have enough money when asked and that such money didn't
    > just appear suddenly on your account.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller
    > Immigration Consultant
    > Vancouver, British Columbia
    > email: [email protected]
    > (delete REMOVE from the above address before sending email)
    > ________________________________
    >
    >
    > "Jimmy" <[email protected]> wrote in message
    > news:[email protected]...
    > > My question to Mr Miller is whether the three previous statements
    > > requested should show minimum funds required or is it okay if the
    > > latest one is a little more than the previous ones.. I am asking this
    > > since, I may be assessed around March and if I am asked for three
    > > statements, my January statement will show money a little less than
    > > desirable (remaining which will be accumulated during february and
    > > march). Will this pose a problem?
    > >
    > > "Andrew Miller" <[email protected]> wrote in message
    > news:<QTaDb.74549$bC.42146@clgrps13>...
    > > > No, it won't work. Having and proving required amount of settlement
    > funds is
    > > > a pre-requisite. Future income doesn't count.
    > > >
    > > > You are asked for updated proof of funds and several months' statements
    > > > because there is a suspicion that you don't have required funds that are
    > > > your own (not borrowed). If you have more money in your name in India
    > then
    > > > transfer missing amount and submit also 3 months worth of bank
    > statements
    > > > from that account to show that you had money, not just borrowed them
    > now.
    > > >
    > > > --
    > > >
    > > > ../..
    > > >
    > > > Andrew Miller
    > > > Immigration Consultant
    > > > Vancouver, British Columbia
    > > > email: [email protected]
    > > > (delete REMOVE from the above address before sending email)
    > > > ________________________________
    > > >
    > > >
    > > > "reddy_cd" <member10238@british_expats.com> wrote in message
    > > > news:[email protected]...
    > > > >
    > > > > Hello experts and fellow group members,
    > > > >
    > > > >
    > > > >
    > > > > Recently I have got my initial assessment and am asked to do medicals
    > > > > within 60 days. In that letter, I am also asked to provide my bank
    > > > > statemments for the last three months. I know that as per the size of
    > > > > family (we are three in total) I need to show about $14000 + as funds.
    > > > >
    > > > >
    > > > >
    > > > > Here my question is: Would it be ok, if I show the funds of about
    > $10000
    > > > > dollars in my bank account (which I have now) and provide the
    > emplyment
    > > > > letters from my employer and my spouse's employer.
    > > > >
    > > > >
    > > > >
    > > > > For your information: I am on student visa with a funding of $17500
    > per
    > > > > annum and my wife is on work permit (open), who is currently working
    > as
    > > > > an administrative assistant for a call centre and earns about $17000
    > > > > per annum.
    > > > >
    > > > >
    > > > >
    > > > > Pl advise me whether above thing would work or I need to transfer the
    > > > > balance amount from India.
    > > > >
    > > > >
    > > > >
    > > > > Any help or suggestions would be greatly appreicated.
    > > > >
    > > > >
    > > > >
    > > > >
    > > > >
    > > > >
    > > > >
    > > > > Damodar
    > > > >
    > > > >
    > > > > --
    > > > > Posted via http://britishexpats.com
 
Old Jan 6th 2004, 11:47 am
  #9  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Proof of funds

Yes, it may be accepted as long as money in India is on the account without
standard transfer restrictions. One needs a permit from the Bank of India to
transfer money abroad, so if he wants to show his money in India then he
must have them already available for unrestricted transfer.

--

../..

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


"Imran Badr" <[email protected]> wrote in message
news:[email protected]...
    > Hello Mr. Miller,
    > May be I misunderstood, but why do you suggest to transfer money from
    > India when he already has that money under his name over there? Isn't
    > it enough to show statements from two banks in which he has accounts?
    > Thanks,
    > Imran.
    > "Andrew Miller" <[email protected]> wrote in message
news:<ChmDb.79918$bC.21956@clgrps13>...
    > > Yes, it may. Again - you should have money at the time of application
    > > already at your disposal. So, make sure that you have enough money in
your
    > > account during the entire process as you may be asked for more than just
3
    > > months of statements. Small fluctuations in the balance (even below
required
    > > minimum) over period of time would not cause problems as long as you can
    > > demonstrate that you have enough money when asked and that such money
didn't
    > > just appear suddenly on your account.
    > >
    > > --
    > >
    > > ../..
    > >
    > > Andrew Miller
    > > Immigration Consultant
    > > Vancouver, British Columbia
    > > email: [email protected]
    > > (delete REMOVE from the above address before sending email)
    > > ________________________________
    > >
    > >
    > > "Jimmy" <[email protected]> wrote in message
    > > news:[email protected]...
    > > > My question to Mr Miller is whether the three previous statements
    > > > requested should show minimum funds required or is it okay if the
    > > > latest one is a little more than the previous ones.. I am asking this
    > > > since, I may be assessed around March and if I am asked for three
    > > > statements, my January statement will show money a little less than
    > > > desirable (remaining which will be accumulated during february and
    > > > march). Will this pose a problem?
    > > >
    > > > "Andrew Miller" <[email protected]> wrote in message
    > > news:<QTaDb.74549$bC.42146@clgrps13>...
    > > > > No, it won't work. Having and proving required amount of settlement
    > > funds is
    > > > > a pre-requisite. Future income doesn't count.
    > > > >
    > > > > You are asked for updated proof of funds and several months'
statements
    > > > > because there is a suspicion that you don't have required funds that
are
    > > > > your own (not borrowed). If you have more money in your name in
India
    > > then
    > > > > transfer missing amount and submit also 3 months worth of bank
    > > statements
    > > > > from that account to show that you had money, not just borrowed them
    > > now.
    > > > >
    > > > > --
    > > > >
    > > > > ../..
    > > > >
    > > > > Andrew Miller
    > > > > Immigration Consultant
    > > > > Vancouver, British Columbia
    > > > > email: [email protected]
    > > > > (delete REMOVE from the above address before sending email)
    > > > > ________________________________
    > > > >
    > > > >
    > > > > "reddy_cd" <member10238@british_expats.com> wrote in message
    > > > > news:[email protected]...
    > > > > >
    > > > > > Hello experts and fellow group members,
    > > > > >
    > > > > >
    > > > > >
    > > > > > Recently I have got my initial assessment and am asked to do
medicals
    > > > > > within 60 days. In that letter, I am also asked to provide my bank
    > > > > > statemments for the last three months. I know that as per the size
of
    > > > > > family (we are three in total) I need to show about $14000 + as
funds.
    > > > > >
    > > > > >
    > > > > >
    > > > > > Here my question is: Would it be ok, if I show the funds of about
    > > $10000
    > > > > > dollars in my bank account (which I have now) and provide the
    > > emplyment
    > > > > > letters from my employer and my spouse's employer.
    > > > > >
    > > > > >
    > > > > >
    > > > > > For your information: I am on student visa with a funding of
$17500
    > > per
    > > > > > annum and my wife is on work permit (open), who is currently
working
    > > as
    > > > > > an administrative assistant for a call centre and earns about
$17000
    > > > > > per annum.
    > > > > >
    > > > > >
    > > > > >
    > > > > > Pl advise me whether above thing would work or I need to transfer
the
    > > > > > balance amount from India.
    > > > > >
    > > > > >
    > > > > >
    > > > > > Any help or suggestions would be greatly appreicated.
    > > > > >
    > > > > >
    > > > > >
    > > > > >
    > > > > >
    > > > > >
    > > > > >
    > > > > > Damodar
    > > > > >
    > > > > >
    > > > > > --
    > > > > > Posted via http://britishexpats.com
 
Old Jan 6th 2004, 7:41 pm
  #10  
Bhaskar
Guest
 
Posts: n/a
Default Re: Proof of funds

"Andrew Miller" <[email protected]> wrote in message news:<iGIKb.45506$Dm.10355@edtnps89>...
    > Yes, it may be accepted as long as money in India is on the account without
    > standard transfer restrictions. One needs a permit from the Bank of India to
    > transfer money abroad, so if he wants to show his money in India then he
    > must have them already available for unrestricted transfer.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller
    > Immigration Consultant
    > Vancouver, British Columbia
    > email: [email protected]
    > (delete REMOVE from the above address before sending email)

The rules have been made easier now. Previously it was lot harder to
get
foreign exchange.

here is state bank of india link...

http://www.statebankofindia.com/nrib...forex_resi.asp

now upto 100,000 US$ is available for immigration without RBI
clearance
100,000 US dollar limit is quite high.

here is the text...taken

Other remittances :

You can also obtain foreign exchange without RBI's prior permission
upto a limit for various other purposes as under :

Limit

For private visits abroad USD 10,000
For going abroad for employment USD 100,000
For going abroad for immigration USD 100,000

Gifts/Donations USD 5,000
For maintenance of close relatives USD 100,000
For consultation of services USD 1 million per project
 
Old Jan 9th 2004, 1:24 pm
  #11  
Imran Badr
Guest
 
Posts: n/a
Default Re: Proof of funds

Hi,
May be this question has been asked many times in the group. I
apologize for asking it again.
CIC has asked updated prrof of fund in my case. How much fund is
required by CIC for a family of four (two adults and two kids)?

Thanks,
Imran.


[email protected] (Bhaskar) wrote in message news:<[email protected]. com>...
    > "Andrew Miller" <[email protected]> wrote in message news:<iGIKb.45506$Dm.10355@edtnps89>...
    > > Yes, it may be accepted as long as money in India is on the account without
    > > standard transfer restrictions. One needs a permit from the Bank of India to
    > > transfer money abroad, so if he wants to show his money in India then he
    > > must have them already available for unrestricted transfer.
    > >
    > > --
    > >
    > > ../..
    > >
    > > Andrew Miller
    > > Immigration Consultant
    > > Vancouver, British Columbia
    > > email: [email protected]
    > > (delete REMOVE from the above address before sending email)
    >
    > The rules have been made easier now. Previously it was lot harder to
    > get
    > foreign exchange.
    >
    > here is state bank of india link...
    >
    > http://www.statebankofindia.com/nrib...forex_resi.asp
    >
    > now upto 100,000 US$ is available for immigration without RBI
    > clearance
    > 100,000 US dollar limit is quite high.
    >
    > here is the text...taken
    >
    > Other remittances :
    >
    > You can also obtain foreign exchange without RBI's prior permission
    > upto a limit for various other purposes as under :
    >
    > Limit
    >
    > For private visits abroad USD 10,000
    > For going abroad for employment USD 100,000
    > For going abroad for immigration USD 100,000
    >
    > Gifts/Donations USD 5,000
    > For maintenance of close relatives USD 100,000
    > For consultation of services USD 1 million per project
 
Old Jan 9th 2004, 1:33 pm
  #12  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Proof of funds

http://www.cic.gc.ca/english/skilled/qual-4.html

--

../..

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


"Imran Badr" <[email protected]> wrote in message
news:[email protected]...
    > Hi,
    > May be this question has been asked many times in the group. I
    > apologize for asking it again.
    > CIC has asked updated prrof of fund in my case. How much fund is
    > required by CIC for a family of four (two adults and two kids)?
    > Thanks,
    > Imran.
    > [email protected] (Bhaskar) wrote in message
news:<[email protected]. com>...
    > > "Andrew Miller" <[email protected]> wrote in message
news:<iGIKb.45506$Dm.10355@edtnps89>...
    > > > Yes, it may be accepted as long as money in India is on the account
without
    > > > standard transfer restrictions. One needs a permit from the Bank of
India to
    > > > transfer money abroad, so if he wants to show his money in India then
he
    > > > must have them already available for unrestricted transfer.
    > > >
    > > > --
    > > >
    > > > ../..
    > > >
    > > > Andrew Miller
    > > > Immigration Consultant
    > > > Vancouver, British Columbia
    > > > email: [email protected]
    > > > (delete REMOVE from the above address before sending email)
    > >
    > > The rules have been made easier now. Previously it was lot harder to
    > > get
    > > foreign exchange.
    > >
    > > here is state bank of india link...
    > >
    > > http://www.statebankofindia.com/nrib...forex_resi.asp
    > >
    > > now upto 100,000 US$ is available for immigration without RBI
    > > clearance
    > > 100,000 US dollar limit is quite high.
    > >
    > > here is the text...taken
    > >
    > > Other remittances :
    > >
    > > You can also obtain foreign exchange without RBI's prior permission
    > > upto a limit for various other purposes as under :
    > >
    > > Limit
    > >
    > > For private visits abroad USD 10,000
    > > For going abroad for employment USD 100,000
    > > For going abroad for immigration USD 100,000
    > >
    > > Gifts/Donations USD 5,000
    > > For maintenance of close relatives USD 100,000
    > > For consultation of services USD 1 million per project
 
Old Jan 9th 2004, 1:50 pm
  #13  
Imran Badr
Guest
 
Posts: n/a
Default Re: Proof of funds

I got my answer. Please forgive my previous post. CIC required
CAD$17727 for a family of four.

Thanks,
Imran.


[email protected] (Bhaskar) wrote in message news:<[email protected]. com>...
    > "Andrew Miller" <[email protected]> wrote in message news:<iGIKb.45506$Dm.10355@edtnps89>...
    > > Yes, it may be accepted as long as money in India is on the account without
    > > standard transfer restrictions. One needs a permit from the Bank of India to
    > > transfer money abroad, so if he wants to show his money in India then he
    > > must have them already available for unrestricted transfer.
    > >
    > > --
    > >
    > > ../..
    > >
    > > Andrew Miller
    > > Immigration Consultant
    > > Vancouver, British Columbia
    > > email: [email protected]
    > > (delete REMOVE from the above address before sending email)
    >
    > The rules have been made easier now. Previously it was lot harder to
    > get
    > foreign exchange.
    >
    > here is state bank of india link...
    >
    > http://www.statebankofindia.com/nrib...forex_resi.asp
    >
    > now upto 100,000 US$ is available for immigration without RBI
    > clearance
    > 100,000 US dollar limit is quite high.
    >
    > here is the text...taken
    >
    > Other remittances :
    >
    > You can also obtain foreign exchange without RBI's prior permission
    > upto a limit for various other purposes as under :
    >
    > Limit
    >
    > For private visits abroad USD 10,000
    > For going abroad for employment USD 100,000
    > For going abroad for immigration USD 100,000
    >
    > Gifts/Donations USD 5,000
    > For maintenance of close relatives USD 100,000
    > For consultation of services USD 1 million per project
 

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