Proof of Funds for Canadian Visa
I am a Romanian citizen. Our co-national friends who are established in Canada will provide me and another person free accommodation and food. We are both EU citizens and we will stay in Canada 1 month.
These days we are gathering documents for our online visa application and we need to prove that we have enough money to spend there.
How much money is generally required in order to be sure we are eligible? We don't plan to spend more than 1000 EUR, but I intend to bring at least 2000 CAD. Is it enough?
Best Answer
As part of the process to be approved for a Canadian visa, you normally must be able to show that you have enough money to take care of yourself while you are living in Canada (plus meet the other eligibility criteria). In general, an individual foreign national may need to provide “proof of funds” in the amount of approximately $1,230 CAD per month, so if you plan to bring at least $2,000 CAD for this 30-day tourist visit, that should be adequate in terms of the Canadian visa application process (you may want to bring more money, depending on what you want to do in Canada). Evidence of your ability to support yourself during your visit to Canada may include cash, a bank statement or deposit book, written or verbal statements from your Canadian friends (that can be adequately verified) confirming they will provide your accommodations in Canada, or other satisfactory documentation.
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Proof of financial supportHow much fund is required for Canada visa?
Immigration, Refugees, and Citizenship Canada (IRCC) the applicants are required to show a living expenditure fund of approximately $10000.Does Canada verify proof of funds?
\u201cFor proof, you must get official letters from any banks or financial institutions where you are holding your money....Proof of Funds \u2013 Canada Express Entry.Number of Family MembersFunds Required (in Canadian dollars) 20216$31,4077$34,967For each additional family member$3,5605 more rowsHow much bank statement is required for Canada?
Funds Required Outside of QuebecPersons coming to CanadaFunds required per year (in addition to tuition)Funds required per month (in addition to tuition)Yourself$10,000$833With a family member$4,000$333Any additional family member$3,000$255How to Show Proof of Funds for Canadian🇨🇦 Immigration| Study Visa + Express Entry + PR Applications
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