Proof of Funds – Express Entry
Proof of available funds - Skilled immigrants (Express Entry)
You must have funds readily available. For example, you cannot utilize real estate equity as proof of settlement payments.
You also cannot borrow this money from someone else. You must be able to utilize this money to cover the living expenses of your family (even if they are not with you).
If your spouse is with you, you can count money in a joint account. You may be allowed to count money in an account under their exclusive ownership, but you must demonstrate that you have access to the funds.
The funds must be available both when you apply and when (if) the IRCC grants you a permanent residence visa. In addition, when you arrive, you must show to an immigration officer that you have legal access to the cash you will need.