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Settle Fund: can I just show my bank statement?

Settle Fund: can I just show my bank statement?

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Old Jan 9th 2002, 2:09 am
  #1  
S.Kirby
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Hi all,

I plan to land in this Feb. I have a large amount of money in an internet bank and
carrying a lot of money will be too dangerous. Can I just show the officer bank
statement? If I need to show money in money order or cash, how much is appropriate? I
am in US and plan to land by driving across the border.

Thanks, Kirby
 
Old Jan 9th 2002, 2:15 am
  #2  
Andrew Miller
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Showing current bank statement from US bank supported by same day printout from ATM
machine will suffice.

--

../..

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

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Old Jan 9th 2002, 10:27 am
  #3  
Just Joined
 
Joined: Aug 2001
Posts: 19
gigi is an unknown quantity at this point
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US banks only? What is required from other countries?

Thanks.
gigi is offline  
Old Jan 9th 2002, 12:21 pm
  #4  
John
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How much fund does one need to have at the time of application? Is it just
application fee and ROLF and then at time of landing show enough settlement
fund? Thanks.

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Old Jan 9th 2002, 3:51 pm
  #5  
David Cohen
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says...
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As a general rule, bank statements from any country would suffice. In the cases of
some countries in which currency controls exist, however, the immigration officials
may request evidence of assets in a Western institution.
________
CAMPBELL, COHEN - attorneys at law tel:514.937.9445 / fax:514.937.2618
[email protected] http://canadavisa.com

Online Community: http://canadavisa.com/community
 
Old Jan 10th 2002, 1:42 pm
  #6  
tsachdeva
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This is a multipart message in MIME format. --=_alternative 0050A1CDC1256B3D_=

Hi,

I showed my bank statement only to the officer at the embassy (at the interview).
These statement were internet banking staments printed out. Nobody, since then
asked me to show some money or other bank statements, not even at landing time. But
it was written on my Landing Papers, that I showed $xxxxx amount of money to the
Visa Officer.

Just my experience.

Best Regards

Tarun Sachdeva --=_alternative 0050A1CDC1256B3D_=

<br><font size=1 face="sans-serif">Hi,</font> <br> <br><font size=1
face="sans-serif">I showed my bank statement only to the officer at the embassy (at
the interview). These statement were internet banking staments printed out. Nobody,
since then asked me to show some money or other &nbsp;bank statements, not even at
landing time. But it was written on my Landing Papers, that I showed $xxxxx amount of
money to the Visa Officer.</font> <br> <br><font size=1 face="sans-serif">Just my
experience.</font> <br> <br><font size=1 face="sans-serif">Best Regards</font> <br>
<br><font size=1 face="sans-serif">Tarun Sachdeva</font> --=_alternative
0050A1CDC1256B3D_=--
 
Old Jan 11th 2002, 3:55 am
  #7  
Rich Wales
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David Cohen wrote:

> As a general rule, bank statements from any country would suffice. In the cases
> of some countries in which currency controls exist, however, the immigration
> officials may request evidence of assets in a Western institution.

Curious: What do people do when they want to immigrate to Canada from a country with
currency export controls?

At one time, many years ago (and long before the current settlement funds
requirements were introduced), it was my understanding that immigrants from such
countries were allowed to use their export- restricted foreign money to buy goods in
their country of origin, which goods could be imported duty-free into Canada for
something like three years after their immigration date. Does any provision of this
sort still exist?

Rich Wales [email protected] http://www.richw.org
*NOTE: I've lived in both Canada and the US and have dual citizenship.
*DISCLAIMER: I am not a lawyer, professional immigration consultant,
or consular officer. My comments are for discussion purposes only and
are not intended to be relied upon as legal or professional advice.
 
Old Jan 11th 2002, 2:46 pm
  #8  
David Cohen
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[...]

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Our experience has been that a significant number of people in such countries
maintain assets in a foreign currency either primarily or secondarily. That usually
means US dollars.

Canada does allow newly arriving immigrants one year in which to import their
belongings to Canada without duties or taxes. As such, applicants with assets which
are subject to such controls can buy products locally and take them to Canada
afterwards. Often, some provisions may also exist which allow non-residents of such
countries access to their assets.
________
CAMPBELL, COHEN - attorneys at law tel:514.937.9445 / fax:514.937.2618
[email protected] http://canadavisa.com

Online Community: http://canadavisa.com/community
 

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