To immigrate to Canada, the candidate has to submit proof of funds. Skilled workers can apply under the Federal Skilled Worker Program. The Canadian government has increased the minimum fund requirement for certain categories of skilled workers who want to migrate to Canada.
The express entry system manages 2 programmes. These are the Federal Skilled Trades Program and the skilled workers’ programme. A job offer is not mandatory in the case of these programmes. But if a candidate wants to migrate to Canada under any of these programmes and he does not have a job offer then he needs to submit proof of funds.
For candidates who are applying under the Canadian Experience Class and those candidates who have a job offer the proof of funds details is not required.
Now the amount of proof of funds will depend on the number of family members that are mentioned in the application form of the principal applicant. The principal applicant can include spouse, his dependent children and the spouse’s dependent children.
Here are the details about the amount in Canadian dollars for this year.
- 1 applicant $12,960
- 2 members $16,135
- 3members $19,836
- 4members $24,083
- 5members $27,315
- 6members $30,806
- 7members $34,299
- Each additional family member$3,492
It must be noted that these fund requirements are updated every year. So, the applicant must check these details before applying.
In case the applicant is not aware of the process to apply for the Canadian permanent residence visa then it is better to take assistance from a visa and immigration company. When the applicant chooses the best company, he can be sure of getting all the details about the application process. They will get details about not just the application process but also details about settlement funds etc.
One of the best visas and immigration consultancy in Delhi is IRA immigration. They have helped several candidates to apply for different types of Canadian visas. This company has successfully helped several candidates to apply for the express entry programme, which is a point-based programme.
In the express entry programme, the candidate has to create the express entry profile. The profile will be given points based on different aspects. The profile will be ranked based on the points. More points will mean a higher ranking. The profiles with a higher ranking will have better chances of getting the invitation to apply for the PR visa for Canada. Once the candidate gets the invitation to apply for the visa he has to submit the application form along with all the documents at the earliest. IRA immigration has a dedicated team of immigration experts for Canada immigration. These experts will provide all the assistance that the candidate needs for applying for Federal Skilled Worker Program or any other visa category. IRA immigration has their head office in Janakpuri and branch office at Nehru Place in Delhi. They offer all types of visa and immigration services at both these places.