How Much Money Do You Need to Immigrate to Canada?

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How Much Money Do You Need to Immigrate to Canada?

If you are planning to get PR or Permanent Resident Visa here in Canada you must know How much money you need to prepare. So, to explain it easier we divided this topic into two; Before and After.

Before – Funds needed to create a Profile in Federal Express Entry.

After – Funds needed after you received the ITA or Invitation to Apply

Let’s discuss the Before

To create Profile on express entry you need (2) Two Main documents; Language Test and Credential Assessment(ECA) and others free

1.) Language Test

  • International English Language Test ( IELTS) – Php 10,270 
  • Canadian English Language Proficiency Index Program (CELPIP)  – $ 215 

2.) Education Credential Assessment  – You must use one of these designated organizations

Let’s discuss the AFTER

After you received the ITA you need to consider the following expenses. Here is the break down of charges you need to pay

Aside from different Fees, you need to pay, you need to show Proof of funds. Always remember to that you need to show an adequate amount in your bank account, as desired by the Canadian Government. For evidence or proof, an applicant must have a Bank Certificate stated the amount he/she has.

Take note your Bank Certificate or Official Letters from any Bank must have following.

  • be printed on the financial institution’s letterhead
  • include their contact information (address, telephone number and email address)
  • include your name
  • list outstanding debts such as credit card debts and loans
  • include, for each current bank and investment account:
    • account numbers
    • the date each account was opened
    • the current balance of each account
    • the average balance for the past six months

That’s it Paps, thank you for Supporting WhenInHalifax #SharingIsCaring. Don’t Forget to visit our Youtube Channel for more Tips and Guide in your Canada Dream.

 

*We are not Immigration Consultant nor Agency we are here to Help you and Guide and all the information you read or saw are from www.canada.ca the official website of Canada and base from our experience.

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