Proof of funds for express entry increases
Federal Skilled Workers and Federal Skilled Trades candidates who do not have a Canadian job offer will need the following amounts to remain eligible for immigration:
| Number of Family Members | Funds Required in Canadian Dollars |
|---|---|
| 1 | $13,310 |
| 2 | $16,570 |
| 3 | $20,371 |
| 4 | $24,733 |
| 5 | $28,052 |
| 6 | $31,638 |
| 7 | $35,224 |
| Each additional family member | $ 3,586 |
- The funds must be readily available when applying for a permanent resident visa.
- You must be able to pay the cost of living for your family, even those who are not coming with you.
- If your spouse is accompanying you, the money you have together in a joint account can be used as proof for settlement funds.
- You cannot borrow this money from another person, and you cannot use equity on property as proof of settlement funds.
