Go Back  British Expats > Living & Moving Abroad > Canada > Immigration & Citizenship (Canada)
Reload this Page >

Question for the professionals -Proof of funds ?

Question for the professionals -Proof of funds ?

Old Jul 12th 2002, 10:20 am
  #1  
Chris Boar
Guest
 
Posts: n/a
Default Question for the professionals -Proof of funds ?

Mr Miller,

I note the new application form refers to 'unencumbered' funds.

All my equity is tied up in my house, some CA$200,000 available after paying off
my mortgage.

Is a written valuation from a realtor + copy of mortgage statement enough proof
(ie.available funds=valuation-mortgage) ?

Thanks,

Chris
 
Old Jul 12th 2002, 10:20 am
  #2  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Question for the professionals -Proof of funds ?

Depends what country property is in. If it is one of Western countries then such
documentation should be sufficient at the time of application.

--

../..

Andrew Miller Immigration Consultant Vancouver, British Columbia email:
millercicanada.com (delete REMOVE and INVALID from the above address before
sending email)
________________________________

"Chris Boar" <[email protected]> wrote in message
news:POHX8.17320$VP6.1172555@stones...
    > Mr Miller,
    >
    > I note the new application form refers to 'unencumbered' funds.
    >
    > All my equity is tied up in my house, some CA$200,000 available after paying off my
    > mortgage.
    >
    > Is a written valuation from a realtor + copy of mortgage statement enough proof
    > (ie.available funds=valuation-mortgage) ?
    >
    > Thanks,
    >
    > Chris
 
Old Jul 13th 2002, 7:20 am
  #3  
Chris Boar
Guest
 
Posts: n/a
Default Re: Question for the professionals -Proof of funds ?

Thanks,

Chris

"Andrew Miller" <millercitelus.net> wrote in message
news:[email protected]...
    > Depends what country property is in. If it is one of Western countries
then
    > such documentation should be sufficient at the time of application.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller Immigration Consultant Vancouver, British Columbia email:
    > millercicanada.com (delete REMOVE and INVALID from the above address before
    > sending email)
    > ________________________________
    >
    >
    >
    > "Chris Boar" <[email protected]> wrote in message
    > news:POHX8.17320$VP6.1172555@stones...
    > > Mr Miller,
    > >
    > > I note the new application form refers to 'unencumbered' funds.
    > >
    > > All my equity is tied up in my house, some CA$200,000 available after
paying
    > > off my mortgage.
    > >
    > > Is a written valuation from a realtor + copy of mortgage statement
enough
    > > proof (ie.available funds=valuation-mortgage) ?
    > >
    > > Thanks,
    > >
    > > Chris
    > >
    >
 
Old Jul 13th 2002, 1:20 pm
  #4  
Jason Tomlins
Guest
 
Posts: n/a
Default Re: Question for the professionals -Proof of funds ?

Is it OK to take US dollars hard cash for immediate expenses at the time of landing
as opposed to travellers cheques which I would incur
1.5% commission ?

Thanks.

"Andrew Miller" <millercitelus.net> wrote in message
news:<[email protected]>. ..
    > Depends what country property is in. If it is one of Western countries then such
    > documentation should be sufficient at the time of application.
    >
    > --
    >
    > ../..
    >
    > Andrew Miller Immigration Consultant Vancouver, British Columbia email:
    > millercicanada.com (delete REMOVE and INVALID from the above address before
    > sending email)
    > ________________________________
    >
    >
    >
    > "Chris Boar" <[email protected]> wrote in message
    > news:POHX8.17320$VP6.1172555@stones...
    > > Mr Miller,
    > >
    > > I note the new application form refers to 'unencumbered' funds.
    > >
    > > All my equity is tied up in my house, some CA$200,000 available after paying off
    > > my mortgage.
    > >
    > > Is a written valuation from a realtor + copy of mortgage statement enough proof
    > > (ie.available funds=valuation-mortgage) ?
    > >
    > > Thanks,
    > >
    > > Chris
    > >
 
Old Jul 13th 2002, 2:20 pm
  #5  
Andrew Miller
Guest
 
Posts: n/a
Default Re: Question for the professionals -Proof of funds ?

Yes.

--

../..

Andrew Miller Immigration Consultant Vancouver, British Columbia email:
millercicanada.com (delete REMOVE and INVALID from the above address before
sending email)
________________________________

"Jason Tomlins" <[email protected]> wrote in message
news:[email protected]...
    > Is it OK to take US dollars hard cash for immediate expenses at the time of landing
    > as opposed to travellers cheques which I would incur
    > 1.5% commission ?
    >
    >
    > Thanks.
    >
    >
    >
    > "Andrew Miller" <millercitelus.net> wrote in message
news:<[email protected]>. ..
    > > Depends what country property is in. If it is one of Western countries then such
    > > documentation should be sufficient at the time of application.
    > >
    > > --
    > >
    > > ../..
    > >
    > > Andrew Miller Immigration Consultant Vancouver, British Columbia email:
    > > millercicanada.com (delete REMOVE and INVALID from the above address before
    > > sending email)
    > > ________________________________
    > >
    > >
    > >
    > > "Chris Boar" <[email protected]> wrote in message
    > > news:POHX8.17320$VP6.1172555@stones...
    > > > Mr Miller,
    > > >
    > > > I note the new application form refers to 'unencumbered' funds.
    > > >
    > > > All my equity is tied up in my house, some CA$200,000 available after
paying
    > > > off my mortgage.
    > > >
    > > > Is a written valuation from a realtor + copy of mortgage statement enough proof
    > > > (ie.available funds=valuation-mortgage) ?
    > > >
    > > > Thanks,
    > > >
    > > > Chris
    > > >
    >
 
Old Jul 30th 2002, 4:21 pm
  #6  
Klmok
Guest
 
Posts: n/a
Default Re: Question for the professionals -Proof of funds ?

On 13 Jul 2002 17:41:35 -0700, [email protected] (Jason Tomlins) wrote:

    >Is it OK to take US dollars hard cash for immediate expenses at the time of landing
    >as opposed to travellers cheques which I would incur
    >1.5% commission ?
    >
    >
Not safe. What if you lose it especially during the hurly burly of travel.
Everything you do during the trip will be constantly patting down your pockets and
checking if it is still there. Unecessary loss of sleep and peace of mind. Your
actions make the cabin crew nervous and alert potential thieve when in transit. Most
of all you have to declare that you are carrying large amounts of cash as a customs
requirement at any airport exit. Money laundering rules. That can cause you grieve
if they don't believe you and detain you at the airport until your source of cash is
confirmed as legit.

1.5% is a very small price to pay for your peace of mind. Carry max US$1000 in cash.
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Manage Preferences Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.