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Settlement funds already working in Canada

Settlement funds already working in Canada

Old Feb 13th 2013, 4:09 am
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Default Settlement funds already working in Canada

Hi all,

Would anyone be able to clarify whether or not, if my husband and I are already working in Canada when we apply for FSW1 do we have to provide proof of settlement funds. I am a little confused about what the press release in the gazette meant!!


'Settlement funds. Applicants already working in Canada or authorized to work in Canada have demonstrated their ability to enter the Canadian labour market and financially support themselves. Currently all applicants with qualifying offers of arranged employment in Canada are exempt from providing proof of settlement funds, whether they are working in Canada or not. The proposed regulations would amend the exemption so that it would no longer apply points to recipients of arranged employment who are not working or authorized to work in Canada. All other applicants would be required to provide proof of settlement funds.'


It's the bit at the start saying that applicants already working have proved they can support themselves....

Thank you
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Old Feb 13th 2013, 4:52 am
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Default Re: Settlement funds already working in Canada

If you are already working in Canada why would you wait until May? Why not apply under FSW2 (job offer) now?
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Old Feb 13th 2013, 4:54 am
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Default Re: Settlement funds already working in Canada

I wish i could!! I don't have a job offer, I am currently on a spousal open work permit and my husband is studying and will soon be changing to pgwp.
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Old Feb 13th 2013, 5:06 am
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Default Re: Settlement funds already working in Canada

Originally Posted by Arewemad View Post
I wish i could!! I don't have a job offer, I am currently on a spousal open work permit and my husband is studying and will soon be changing to pgwp.
Ah, sorry!

Any chance he would be able to qualify under the PhD stream? No need to wait once he has graduated, if he does qualify.

"This temporary pause does not apply to those with a qualifying job offer or applying under the PhD stream."

http://www.cic.gc.ca/english/immigra...structions.asp

Regarding your original question, as I read it, if you are actually working in Canada with a valid work permit then there is no requirement to have proof of funds.

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Old Feb 13th 2013, 9:24 am
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Default Re: Settlement funds already working in Canada

In Canada working and just landed and didn't have to show any funds
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Old Feb 13th 2013, 10:49 am
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Default Re: Settlement funds already working in Canada

Originally Posted by Silverdragon102 View Post
In Canada working and just landed and didn't have to show any funds
Did you apply under FSW 1 or 2 though Silverdragon?

My guess would be that if you're applying under FSW cat 1, proof of funds must be shown (as the job offer hasn't been approved by HRSDC and it's a requirement of the visa), but for FSW cat 2, it's not required.

OP, you are aware that you could apply under FSW cat 2 now even on a SOWP? You'd need a letter from your employer stating that they will employ you permanently once you get PR, but that's it.
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Old Feb 13th 2013, 5:07 pm
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Default Re: Settlement funds already working in Canada

Was FSW cat 2
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Old Feb 13th 2013, 5:29 pm
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Default Re: Settlement funds already working in Canada

Originally Posted by christmasoompa View Post
Did you apply under FSW 1 or 2 though Silverdragon?

My guess would be that if you're applying under FSW cat 1, proof of funds must be shown (as the job offer hasn't been approved by HRSDC and it's a requirement of the visa), but for FSW cat 2, it's not required.

OP, you are aware that you could apply under FSW cat 2 now even on a SOWP? You'd need a letter from your employer stating that they will employ you permanently once you get PR, but that's it.
That is right - FSW1, but now in Canada working - you still have to be able to prove those funds.

Last edited by AmyDavid; Feb 13th 2013 at 5:49 pm. Reason: grammatical messiness :0)
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Old Feb 13th 2013, 7:31 pm
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Default Re: Settlement funds already working in Canada

Originally Posted by AmyDavid View Post
That is right - FSW1, but now in Canada working - you still have to be able to prove those funds.
Thx for clarifying for us lovely lady.
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Old Feb 14th 2013, 6:54 am
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Default Re: Settlement funds already working in Canada

Christmasoompa, I didn't know I could apply with just a letter from my employer, that's great news!! I assume the job needs to be NOC level O, A or B?

Thank you for all the replies....
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Old Feb 14th 2013, 7:43 am
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Default Re: Settlement funds already working in Canada

Originally Posted by Arewemad View Post
Christmasoompa, I didn't know I could apply with just a letter from my employer, that's great news!! I assume the job needs to be NOC level O, A or B?

Thank you for all the replies....
Yep, and of course you must meet all the other criteria i.e. point score, passing the medical, etc.

Good luck.
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Old Feb 14th 2013, 1:55 pm
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Default Re: Settlement funds already working in Canada

Originally Posted by AmyDavid View Post
That is right - FSW1, but now in Canada working - you still have to be able to prove those funds.
We had the same issue landing as Provincial Nominees. Even though I had a job (the job the provincial nomination was based on ), the IO didn't care and wanted to see funds.

Somehow, maybe it being 10:30pm in a cold portacabin in Cornwall and 3 tired kids in tow, he backed down and stamped the COPRs.
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Old Feb 14th 2013, 9:26 pm
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Default Re: Settlement funds already working in Canada

How much in settlement funds is required, say for a family with two kids?
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Old Feb 14th 2013, 9:28 pm
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Default Re: Settlement funds already working in Canada

Originally Posted by buzzz View Post
How much in settlement funds is required, say for a family with two kids?
About $21k. Be warned, it's not enough though, not sure why CIC put such a little amount! So have that as a minimum and take as much over it as you can.

HTH.
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Old Feb 14th 2013, 10:22 pm
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Default Re: Settlement funds already working in Canada

Originally Posted by christmasoompa View Post
About $21k. Be warned, it's not enough though, not sure why CIC put such a little amount! So have that as a minimum and take as much over it as you can.

HTH.
Thank you for replying. At which point in the application process must you prove that you have these funds. My daughter and son in law are putting their application in in May and we may have to boost their bank account
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