IRCC recently updated the amount of funds necessary for the Federal Skilled Worker and Federal Skilled Trades Programs. Number of Family Members Funds Required (in Canadian dollars) 1 $12,474 2 $15,530 3 $19,092 4 $23,181 5 $26,291 6 $29,652 7 $33,013 The applicant should include themselves, their spouse or partner, their dependent children and their spouse’s dependant children when calculating the size of their family. This calculation includes spouses and dependent children who are permanent residents or Canadian citizens. Funds need to be transferable and available and unencumbered. Settlement funds must solely be in the name of the principal applicant. They cannot be co-owned or held in partnership by anyone else. These funds must be available both at the time of application and when a permanent resident visa is issued. The applicant will need to prove to an immigration officer that they are able to legally access those funds to settle in Canada when they arrive. Please note that Canadian customs regulations require that all travelers to Canada must declare if they are bringing more than CAN $10,000 into Canada. Failure to do so could result in a fine and the funds being seized. Back to all posts Share this post: Facebook-Logo Twitter-Logo Linkedin pinterest Mail-Logo
Baljinder Singh Everyone in this office was incredibly supportive and helpful. In a situation that could have been very stressful, they took care of EVERYTHING. Thanks Jenny and Devika for providing exceptional service. Dealt with them for the second case, they kept me in loop for the whole process. Highly recommend using them again which in hindsight I will not have to but if you ever need legal help, they are definitely the people to go to!
zay B Borders Law firm has provided our company with excellent immigration services. Highly recommend for those who need help or any companies that need to apply for LMIA in Canada. Devika Penekepelapati has deep and thorough knowledge of rules and procedures . She got a few LMIAs and WP approved for our Company. We would not hesitate to recommend the law firm to anyone seeking help with immigration services. Thanking you sincerely Devika and entire Borders Law firm Team.
Neha K Borders Law firm - Devika OMG where do I start from.... so I got her number from my CA who I have been getting my taxes filed from last ten years. I was not sure what will happen to my mom's files becuase I had already tried four times before and everytime there was something or the other that happened and my application was not accepted... Devika has been my good luck, an angel in my life and a miracle believe it or not. I wish I could give you the details about why it was so so so important for my mom to get this immigration but unfortunately I can't share my personal details but I can tell you all one thing, that Devika and her team not only helped me with my mom's immigration case but also helped me with her super visa extension and all other obstacles we faced. I had no idea that my file can get approved so fast. Today I feel like my dream of having my mom here permanently came true all because of Devika.She is very knowledgeable, super patient, went out of her way to do, spent extra hours assisting me and completing this file. Always understood and heard my issues, with patience. I don't know how many times I cried with her and she always gave me hope and strength to be patient and wait for the approval. Honestly I am very impressed how she adds human touch to her immigration cases and treats the families with so much love and always been very professional as well. Devika is the best, she has an awesome awesome team. I can go on and on and on about her. I always suggest my friends her name and tell them about her services.It feels so good when I give her number to people in need of a good immigration lawyer, because in my heart I know that Devika will be able to help them with their immigration very well.She is the best Thank you Devika for being a great lawyer,a great human being and an angel in my life. Himanshi (Mansi)
Annie Caplan Devika and John were excellent. They understood how this process would change my life and helped me get to the US. John was extremely kind and thorough. When my employer in the US ended up trying to take advantage of me, they helped me transfer my visa to a new employer and had so much empathy for my situation and now I have a job in California that makes me so happy while helping others. I am beyond grateful for their kindness and service. I will be using them for any changes to my status going forward.