TO KNOW MORE ABOUT THE STEP-BY-STEP PROCESS OF STUDENT PATHWAY: www.studyliveexploreca.com/ YOU CAN ALSO REACH ME: SLE Website: www.studyliveexploreca.com/contact SLE FB Page: facebook.com/studyliveexploreca/ Filipino FB Group (Pinoy - Canada Student Visa): facebook.com/groups/208297973040454/ Instagram: Study Live Explore - Ca
My doubt is... If I get a OWP, because my wife is coming with a study permit, but I wanna go a few months after her. How much do I need to proof ? I've saw that a couple need to prove 14k, but if she go first and I go after the calculation is different?
Could you please make some videos on Ph.D. programs in Canada? It would be very helpful if you can provide the below information : 1. End-to-end process to get enrolled in a Ph.D. program in Canadian Universities. 2. What are the universities which are not only looking for grads and looking for overall package what you are putting on the table when you are going to a research program. 3. About Scholarships and funded programs. 4. Daily Life of a Ph.D. student in Canada. 5. What are the chances to get PR after completing the Ph.D. program. 6. List of Top Universities which are providing a huge range of research areas. 7. List of few universities where the chances of getting admission to the Ph.D. program are high.
Wow, thanks for sharing this Ms. MC. When I came here 4 years ago, I don't have idea on what the GIC is. I just presented my bank statements in my 2 Philippine banks. I love how you two are having this interaction, pretty cool:)
hello, I am trying to put my bank statement but its too big, but then I compressed it and it still says it's so big (9mb)...... My question is how did u put ur bank statement in the application without it telling you that the size is big
Great discussion.. but one more question! Is it mandatory to show total funds for 4 yrs tuition fees/living (in case of DEGREE UNDERGRADS) during visa application or funds equalling one/two years tuition fees/living exp. helps!
Well, I see it differently. He was quite rude and too serious about it because she was just been formal which was nice. Well he is German so I am not surprised
Very good video. A query. When applying for the study permit, if I demonstrated financial solvency for the first year, will you have to demonstrate how I will finance the second and third years?
First of all, thank you for the lovely videos. We honestly find them very informative and it does clear out a lot of our doubts. I’m in a bit of a dilemma. I’m planning to visit Canada with a two year Post Graduate Degree and would like to know how to show my funds for visa approval. 1/ Do I need to have LIQUID CASH available in the bank six months prior to applying? 2/ Would FIXED DEPOSITS work as a sign of funds available? 3/ Would a student loan for the entire amount of education and stay be enough to apply for visa? Please do let me know. Appreciate all your efforts.
Same question. If we have family friends in the US who is willing to sponsor my studies and living expenses is it enough to show a letter of support from them, their ID, and a Certificate of Employment?
Informative video and I am glad because it confirmed some things for my application. I realized your guest is German.I am currently in Germany and planning to leave for Canada. Germany is a very racist, intolerant and closeminded country at the moment for internationals here. New rules and regulations make it difficult for international students who graduate to integrate in their society alongside the unwelcoming attitude for foreigners. I saw the pretentious composure from Felix, typical German he is .im surprised he is Canada because Germans here don’t normally talk positive about North America in general. Ask him about Germany and you would be shocked. Thanks and I will we get more videos
Bobby Gh Based on ur comments, seems like it also reflects on you. Racism is everywhere, even in Canada, and we should not generalize it based on ur personal experience. Don’t judge people based on a 10 minute video :D like I said, everything u said completely shows ur character as well. Before you decide to move to Canada, think first because you will also encounter a lot of germans and other ethnic group. Anyways atleast Felix helped u answer some of ur questions for ur application :)
@@studyliveexploreca First of all, let me state that I wasn’t really targeting Felix personally but just using him as a reference for the attitude and behavior of Germans which is a fact. I don’t expect you to understand because it seems obvious you have not lived or visited Germany yet. One good thing is that, regardless of the numbers of German ethnic group in Canada, they cannot intoxicate the society with the kind of racism, rudeness and intolerance they have in Germany. Canada is not perfect, and yes can still improve , but compared to Germany, it’s way better and miles ahead in terms of multiculturalism, tolerance, inclusiveness and appreciation for immigrants. And yes, I appreciate the contribution from this video. Thanks
Hi, thank you for those informations. I got accepted for 5 years PhD program, so should I show the tuition fees for the whole 5 years+ 5 years of financial spending which is a lot of money :)) They are giving me a living expenses as a Scholarship but it does not cover tuition fee.
Nice one guys. but what I do not understand is, will the total minimum amount (expenses 10,000 CAD and 1 year tuition fee) be in your account for that 6 months or Not. The cic website says "Certified bank statements or financial investments with past six month's history including your submission month.
Hi Coach! How about if I don’t have relatives in Canada and the province I’ll be studying in, and I have no accommodation yet. How do I demonstrate it in my SOP? Or should I look for places for rent before I will lodge my application? Thank you!
Hello, You can apply now, as long as you have enough POF to pay for your accommodation. But yes it is always good to research for places to stay before hand. But don't pay for anything before you have seen it in person. Contact us here if you need assistance with your journey: facebook.com/studyliveexploreca/ www.studyliveexploreca.com/student-mentorship
@@studyliveexploreca thanks coach! But if there’s an accommodation what are the requirements from the person who will account for my accommodation? Thank you!
If they act as a sponsor, they need to write a letter on why and how they are supporting you, how they can afford it, show proof of employment or income, bank statements etc.
Good job👍 , great informations. If someone submit just his/her own bank statement, will it be enough? To be more specific, suppose a person submit just a bank statement for financial support, no other financial documents, is it ok ? Thank you,
Wow! Another informative video Miss MC, I have a little confusion as to how I can transfer my POF in my Kuwait bank account to a Canadian bank should I withdraw that amount when I was about to leave and bring the cash with me? Or Can I open bank account in Canada before my arrival?
Hi , thanks for your feedback ! I would not recommend carrying a lot of cash.There is a limit of CAD 10.000 at at customs as well I believe. I would do an online transfer later once I am in Canada and have a Canadian Bank account. To get a Bank account you need to go in person, bring your study permit and SIN number, etc. Unless you do a GIC, you can send money there earlier I believe.
If I am having a monthly income that is separate from my monthly salary, (something as a small business or freelancing) do I have to explain where is this money coming from?
Hi there! great video and great content as always. Regarding Canada Study visa, I have shown an amount as proof of funds in my bank account for which my bank account statement is submitted with the visa application. My question is from thereon, do I need to maintain or retain the mentioned balance amount (which was shown in my bank account during visa filing) in the bank account under my study visa results have come or can I break the account to withdraw the funds, if Yes then will breaking of funds before my application results will lower down the possibility of Study visa in Canada.
Hi Ms. MC, my grandfather will sponsor my 2 years study in Canada. My grandaunt and her family will also sponsor all the necessity expenses I need when I got there, I'm gonna also stay and live with them, they are already citizens in Canada. Do I still need to show the $10,000 each year in my GIC account or just the whole tuition fee for my 2 years studies? Thank you in advance.
Depends on your tuition fees, and other costs, but with 60K your chances are probably good for getting a study permit. www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/get-documents.html
The required money in the bank statement should be 1 yr of tuition and living expense should be my own money, or can the bank statements of my sponsors contribute to that?
Hi guys. Firstly, thanks for a perfectly structured video. I've just one question. I've stock that worth almost 50k and I don't want to cash them before I go to Canada. Even that much money not considered as cash, since I can cash them in 2 days? To illustrate, We're 3 as family. My wife, my daughter and myself. I'll study a 2 year program. I've 50k worth stock and I still can show the 1 year payment + 20k CAD cash. Is it still better to show only like 50k cash instead? I just want my money to grow until I go there. Is it so wrong for their consideration :)
So as proof of funds for living expenses, do we need to show the 10000CAD as CASH or a GIC or both is required? Trying to understand how much funds are exactly needed as a bare minimum, to ensure visa goes through.
Happy New Year! Thanks for the informative videos you are sharing in your channel. Currently living in Dubai with my family and we are planning to migrate to Canada as an international student. My wife will be the primary applicant and she is planning to take a 2years program. I have a cousin who is living in Ontario province and she is willing to support us on providing an affidavit of support. However, my wife is the one who will applying for student permit and myself will be OWP. Will they honor my cousin’s affidavit of support even if she is not related with my wife, which is the primary applicant? Thank You in Advance.
Hello MC. I am working abroad and planning to show POF of my local bank here in Doha,Qatar. Would it be alright to do so and wouldnt it be questionable to the VO? Thanks for your reply:)
Thank you very much for the information. Does the GIC Account need to be opened several months before applying for the visa or can I apply for the visa immediately after having the GIC?
I am pretty sure the school will refund you, if you show them that you were refused. But they want to see the original refusal. Double check with the school to be sure.
Hi, how about visit visa? My auntie want to send money in my account, but its not for me, it's my grandmother allowance. My question is, can it affect the flow of my saving account? Thankyou
Hi, unfortunately it will have to be in a bank account. Or what you can do is use some of the cash to pay the first tuition, or purchase a GIC, they will accept that.
Hi, as we mentioned in the video, have your friend write a statement where they describe how and why they will support you. The more financial proof they can provide, the better (Bankstatements, paystubs, etc.)
Hi, unfortunately it will have to be in a bank account. Or what you can do is use some of the cash to pay the first tuition, or purchase a GIC, they will accept that.
See here: www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/get-documents.html Stocks are good to add to proof of funds but don't count much by themselves, as they fluctuate and are not as liquid as cash. A full scholarship is hard to get but even if you have one, don't you still need a place to live, buy food, pay your cellphone bill etc?
Hi thank you for this video, i would like to ask if how long does it take before i can get my bank cert or proof that i have a GIC from the day I opened it? Thanks
Hi, with a GIC you should get it pretty soon once they received your money. If you show your bank account, get a cert from your bank, make sure to provide 4-6 months of your account history as well.
Hello Mc! Been watching your vids and planning to go canada thru student permit but my mom is a canadian citizen. You’ve mentioned to one of your vlogs that one of the reasons your application gets refused is having a parent pr or citizen. 🥺 Please share your thoughts. What should I do?
If you need to use that account on a daily basis then small amounts are ok, but the majority of course needs to stay there as you need it for Canada. (Unless you use some to pay tuition fees for example).
If you got approved they should have it on the LOA, or they will send you information about that in the future. You can also contact their admissions office and ask.
Hi, does your sponsor neccesarily needs to be in the same province as your school of interest? Or they could still be eligible even if they are not? Thanks alot!
can I show my own financial statement as a parent to support the sudies for my son incase? Also you've mention the total number of years of studies say 4 years I should show upfront for total amount?
Hi MC and Mr felix! Thanks for this video.. May I ask, when is the best time to produce my bank statement and certs, my relative's who is living in Canada, and other sponsors i would like to add in my application?
Hello ! Thank you for the video. I would like to ask if the proof of funds for my son is from my personal loans here in bank in middle east is there a problem ?
Hi Ms. MC thank you for lots of informations it gives me hope. I'm from Philippines but I'm working in uae, I want to know if where should I open my savings account here in uae or in the Philippines for my proof of funds. Thank you in advance.😊
Hi!! Thank you so much for this information, it was such great help. I was wondering if I could get your opinion on this: My mother in law is sponsoring me and I have all the required documents for it. However, my first semester will be paid by someone in Canada as a personal favor. Do I have to provide proof of who and how was my first semester paid or is showing the receipt enough?? Can that be a red flag of some kind? Thanks again for your content!! Kind regards from Colombia.
Question? How about multiple remittances from Canada crediting students bank account in the phils few weeks before the submission of application will that be ok? In addition? If you already open a gic for 10k do we you need to submit a bank certificate and bank statements? Thanks
Nice content Miss MC thanks for sharing. I have concerns though. After the affidavit of support got notarized what's next? Can they simply send the soft copy via email or I need the hard copies to be submitted to the VO
Hi mc, thanks for the info. I just want to ask whats ur take if we have a house thats still under amortisation and that we would let someone rent it when we go to Canada? Would that help with our pof too, and that the rent would somehow supplement with the monthly amortization?
I obtained a personal loan and invested in a fixed deposit. now it is almost 6 months I did that, will it be a problem? will they check the history of my loan account?
Hello- new subscriber here! I need an advice pls😊 I am planning to take a program on Customer/Client Relationship Management in Toronto. After finishing this course, I’ll apply for PGWP program. But I also know that I may NOT BE able to land a job on supervisory levels during my PGWP because the entry-levels of the above-mentioned course that Im planning to take belong to NOC job C- which as a result will also not qualify me for FSW application. So my question is, can I apply for PNP on any of the provinces as an alternative instead?
Hi Ms. MC, my uncle will sponsor me throughout my study in Canada, he is a PR in Canada by the way. Would it be okay if I only provide a letter of support to the VO? I think the Affidavit of Support should be notarized and I watched on some other videos that it's hard to get papers notarized in Canada.
Hi, Well it doesn't have to be, it just makes it a bit more trustworthy. Its not hard to get papers notarized, you just go to a lawyer or Public Attorney, takes five minutes and cost maybe 20-30 $ Bank-statements are pretty strong as well.
@@studyliveexploreca hello good day mam. Is this a consulting agency? Im doing diy with my application right now. And im finding it difficult to find a valid format for the proof funding and expenses. Recently saw this video. I was hoping you could help me with the process thank you
Is it possible to sponsor me by my blood relationship like aunt or uncle even cousin?? In that case ,do I need to show the proof of funds from my bank account??
Hi Ms. MC! If I am to open a GIC account today then lodge my application after 3 days, will it be a red flag? I am considering to open one before I lodge to have a stronger POF. What do you think? Thanks!
You can use the GIC as a proof of funds as soon as they have your money and you have proof of that. Not sure what exactly the bank gives you but should be some form of statement or certificate.
Hi, I have a question, I'm an ofw here in Japan Do I have to go back to Ph if I'm going to apply for a student visa in Canada? as a proof of fund i will choose the GIC. would that be possible? Thank you.
You mean getting it back because your visa application got refused? It depends on the banks terms and conditions, they will likely charge a service fee, regardless. But I would say 9-10 in terms of getting your actual savings back. (remember the currency conversion fees etc as well )
Hi Mc and Felix! My aunt is planning to sponsor me for my international education. Does showing her bank account certificate/statement enough for my POF? Or is it necessary to have it transfer on my account? Thank you very much! :)
Hello po. May tanong po ako. What if ung husband lang po ang may trabaho saamin dalawa tapos cya po ang mag ssupport kunwari saakin sa pag study abroad pero ung bank account is joint account po un namin mag asawa. Anu po mga dapat gawin pag ganun na case need pba explanation from the husband?
Got a refusal letter stating the reason for rejection is “Personal assets and financial status”. Please how do i go about responding to this from IRCC? Thanks..
@@katesylvanus765 I actually know where i faulted when providing pof. But at this juncture i need a better way of replying to the reason for refusal on my loe please.. thanks
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TO KNOW MORE ABOUT THE STEP-BY-STEP PROCESS OF STUDENT PATHWAY: www.studyliveexploreca.com/
YOU CAN ALSO REACH ME:
SLE Website: www.studyliveexploreca.com/contact
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Filipino FB Group (Pinoy - Canada Student Visa): facebook.com/groups/208297973040454/
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can my uncle sponsor my education????
Do you have agency in your own?
My doubt is... If I get a OWP, because my wife is coming with a study permit, but I wanna go a few months after her. How much do I need to proof ? I've saw that a couple need to prove 14k, but if she go first and I go after the calculation is different?
He is just like Ross, of F.R.I.E.N.D.S series🥰🥰🌟
Maybe but far from it because Germans are not known to be friendly and welcoming especially to foreigners in Germany. Very bad!
I thought ross from ONE and half man series ... 😆
@@___Gurbaaz haha😂😂
Could you please make some videos on Ph.D. programs in Canada? It would be very helpful if you can provide the below information :
1. End-to-end process to get enrolled in a Ph.D. program in Canadian Universities.
2. What are the universities which are not only looking for grads and looking for overall package what you are putting on the table when you are going to a research program.
3. About Scholarships and funded programs.
4. Daily Life of a Ph.D. student in Canada.
5. What are the chances to get PR after completing the Ph.D. program.
6. List of Top Universities which are providing a huge range of research areas.
7. List of few universities where the chances of getting admission to the Ph.D. program are high.
Wow, thanks for sharing this Ms. MC. When I came here 4 years ago, I don't have idea on what the GIC is. I just presented my bank statements in my 2 Philippine banks. I love how you two are having this interaction, pretty cool:)
hello, I am trying to put my bank statement but its too big, but then I compressed it and it still says it's so big (9mb)...... My question is how did u put ur bank statement in the application without it telling you that the size is big
Love this video, Mc! Watching this video, somehow, did make me feel very positive and good about coming to Canada. Thank you!
Just in time you guys. So cute. Thank you Ms. Mc and Mr. Felix for talking about this topic. Stay safe.🥰
Thank you! Happy you like it.
Let’s see if Germans will think the same
VERY USEFUL INFORMATION!! THANK YOU!!
You're welcome!
Thanks for the video, very helpful! Oh and you look good together, bagay! 😍
Thank you! 😃
wow! Felix looks like a real guest..😍😍
Haha lol
Meet him in Germany let’s see if you will be treated as a real guest also
Big applause to you guys, really informative and beneficial information
Thank you! :) I'm happy that I can pay it forward to those who I know needs this.
I want to say that I am very glad to receive these information, u guys are making my dream come through, thanks ❤️
Great discussion.. but one more question! Is it mandatory to show total funds for 4 yrs tuition fees/living (in case of DEGREE UNDERGRADS) during visa application or funds equalling one/two years tuition fees/living exp. helps!
so sweet both of u .thank you
❤️❤️
At 8:30, "you don't have to say Mr. Felix everytime!" haha.. it's funny, great tandem. I love it:)
Well, I see it differently. He was quite rude and too serious about it because she was just been formal which was nice. Well he is German so I am not surprised
@@bobbygh1221 Did you really just replied to ALL of the comments that mentioned him???
Very good video.
A query.
When applying for the study permit, if I demonstrated financial solvency for the first year, will you have to demonstrate how I will finance the second and third years?
Super helpful nito! 💖
First of all, thank you for the lovely videos. We honestly find them very informative and it does clear out a lot of our doubts.
I’m in a bit of a dilemma.
I’m planning to visit Canada with a two year Post Graduate Degree and would like to know how to show my funds for visa approval.
1/ Do I need to have LIQUID CASH available in the bank six months prior to applying?
2/ Would FIXED DEPOSITS work as a sign of funds available?
3/ Would a student loan for the entire amount of education and stay be enough to apply for visa?
Please do let me know.
Appreciate all your efforts.
Ialso want to know the answer...almost Same querry
Very well explained ...cleared up my mind
Wow !soo detailed. I have learnt a lot.thankyou 😊
very informative... question.
how much do you consider a deposit a Bulk Deposit?
Thanks for the video 😊
Thank you so much for this enlightening video. But my question is, can I show my proof of fund in my country currency?
Just mentioned them in CAD when you write your study plan
Hi! thank you for the information. Does the sponsor need to be Canadian? Can they be relatives living in US?
Same question. If we have family friends in the US who is willing to sponsor my studies and living expenses is it enough to show a letter of support from them, their ID, and a Certificate of Employment?
Informative video and I am glad because it confirmed some things for my application. I realized your guest is German.I am currently in Germany and planning to leave for Canada. Germany is a very racist, intolerant and closeminded country at the moment for internationals here. New rules and regulations make it difficult for international students who graduate to integrate in their society alongside the unwelcoming attitude for foreigners. I saw the pretentious composure from Felix, typical German he is .im surprised he is Canada because Germans here don’t normally talk positive about North America in general. Ask him about Germany and you would be shocked.
Thanks and I will we get more videos
Bobby Gh Based on ur comments, seems like it also reflects on you. Racism is everywhere, even in Canada, and we should not generalize it based on ur personal experience. Don’t judge people based on a 10 minute video :D like I said, everything u said completely shows ur character as well. Before you decide to move to Canada, think first because you will also encounter a lot of germans and other ethnic group. Anyways atleast Felix helped u answer some of ur questions for ur application :)
@@studyliveexploreca
First of all, let me state that I wasn’t really targeting Felix personally but just using him as a reference for the attitude and behavior of Germans which is a fact. I don’t expect you to understand because it seems obvious you have not lived or visited Germany yet. One good thing is that, regardless of the numbers of German ethnic group in Canada, they cannot intoxicate the society with the kind of racism, rudeness and intolerance they have in Germany. Canada is not perfect, and yes can still improve , but compared to Germany, it’s way better and miles ahead in terms of multiculturalism, tolerance, inclusiveness and appreciation for immigrants.
And yes, I appreciate the contribution from this video. Thanks
Hi, thank you for those informations. I got accepted for 5 years PhD program, so should I show the tuition fees for the whole 5 years+ 5 years of financial spending which is a lot of money :)) They are giving me a living expenses as a Scholarship but it does not cover tuition fee.
It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca
Nice one guys. but what I do not understand is, will the total minimum amount (expenses 10,000 CAD and 1 year tuition fee) be in your account for that 6 months or Not. The cic website says "Certified bank statements or financial investments with past six month's history including your submission month.
Hi,
I don't think it has to be. But on the latest date it should be. Of course the more funds you can show over a long period the better.
When you say Cash in which form you want us to show? you mean bank balance?
cash in ur bank
Hi Coach! How about if I don’t have relatives in Canada and the province I’ll be studying in, and I have no accommodation yet. How do I demonstrate it in my SOP? Or should I look for places for rent before I will lodge my application? Thank you!
Hello,
You can apply now, as long as you have enough POF to pay for your accommodation. But yes it is always good to research for places to stay before hand. But don't pay for anything before you have seen it in person.
Contact us here if you need assistance with your journey:
facebook.com/studyliveexploreca/
www.studyliveexploreca.com/student-mentorship
@@studyliveexploreca thanks coach! But if there’s an accommodation what are the requirements from the person who will account for my accommodation? Thank you!
If they act as a sponsor, they need to write a letter on why and how they are supporting you, how they can afford it, show proof of employment or income, bank statements etc.
Good job👍 , great informations.
If someone submit just his/her own bank statement, will it be enough? To be more specific, suppose a person submit just a bank statement for financial support, no other financial documents, is it ok ?
Thank you,
Really nice to see germans and frenchs moving to canada, seems like indeed Europe is not more a via
Hi MC,
Thank you for this informative video.
Can I use the savings from my salary in my savings account as primary proof of funds?
Thank you
It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca
Wow! Another informative video Miss MC, I have a little confusion as to how I can transfer my POF in my Kuwait bank account to a Canadian bank should I withdraw that amount when I was about to leave and bring the cash with me? Or Can I open bank account in Canada before my arrival?
Hi , thanks for your feedback !
I would not recommend carrying a lot of cash.There is a limit of CAD 10.000 at at customs as well I believe.
I would do an online transfer later once I am in Canada and have a Canadian Bank account. To get a Bank account you need to go in person, bring your study permit and SIN number, etc.
Unless you do a GIC, you can send money there earlier I believe.
SLE - StudyLiveExploreCanada thank you Miss MC for the enlightenment.
Hi merry christmas ask lang po ako how much po ang per hour
If I am having a monthly income that is separate from my monthly salary, (something as a small business or freelancing) do I have to explain where is this money coming from?
Hi there! great video and great content as always. Regarding Canada Study visa, I have shown an amount as proof of funds in my bank account for which my bank account statement is submitted with the visa application. My question is from thereon, do I need to maintain or retain the mentioned balance amount (which was shown in my bank account during visa filing) in the bank account under my study visa results have come or can I break the account to withdraw the funds, if Yes then will breaking of funds before my application results will lower down the possibility of Study visa in Canada.
It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca
Hi Ms. MC, my grandfather will sponsor my 2 years study in Canada. My grandaunt and her family will also sponsor all the necessity expenses I need when I got there, I'm gonna also stay and live with them, they are already citizens in Canada. Do I still need to show the $10,000 each year in my GIC account or just the whole tuition fee for my 2 years studies? Thank you in advance.
Thanks alot God bless you
Always welcome
Would a 2-year tuition fee and miscellaneous fee totaling 50K CAD and 10K CAD be sufficient proof of funds for a single applicant?
Depends on your tuition fees, and other costs, but with 60K your chances are probably good for getting a study permit.
www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/get-documents.html
Is IELTS one of the required documents for a study permit application?
I am an international student in the US. I wonder if they accept the money I made (my part-time job during my bachelor years)?
Yes if you saved money over years and have a history of that in your bank account, they should accept that.
Thanks for video.
Are fixed deposits accepted as POF?
Hi,
you're welcome!
Not sure what you mean by fixed deposits.
The required money in the bank statement should be 1 yr of tuition and living expense should be my own money, or can the bank statements of my sponsors contribute to that?
Hi guys. Firstly, thanks for a perfectly structured video. I've just one question. I've stock that worth almost 50k and I don't want to cash them before I go to Canada. Even that much money not considered as cash, since I can cash them in 2 days?
To illustrate, We're 3 as family. My wife, my daughter and myself.
I'll study a 2 year program.
I've 50k worth stock and I still can show the 1 year payment + 20k CAD cash.
Is it still better to show only like 50k cash instead? I just want my money to grow until I go there. Is it so wrong for their consideration :)
Stock reports aren't considered as liquid cash.
However This will support you to help you justify your networth.
I like her moustache ☺️
Hi MC, is it possible to have sponsorship who is not your relatives? Like, a family friend? Thanks.
So as proof of funds for living expenses, do we need to show the 10000CAD as CASH or a GIC or both is required? Trying to understand how much funds are exactly needed as a bare minimum, to ensure visa goes through.
Thanks!! ❤️
Welcome!
Happy New Year! Thanks for the informative videos you are sharing in your channel. Currently living in Dubai with my family and we are planning to migrate to Canada as an international student. My wife will be the primary applicant and she is planning to take a 2years program. I have a cousin who is living in Ontario province and she is willing to support us on providing an affidavit of support. However, my wife is the one who will applying for student permit and myself will be OWP. Will they honor my cousin’s affidavit of support even if she is not related with my wife, which is the primary applicant? Thank You in Advance.
It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca
Hello MC. I am working abroad and planning to show POF of my local bank here in Doha,Qatar. Would it be alright to do so and wouldnt it be questionable to the VO?
Thanks for your reply:)
It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca
Hi Mc! This is informative. If we dont have strong bank statement can we show our fixed deposit ? Despite of receipt of 1 year tuition fee and GIC?
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Can we show fixed deposit of one year term as proof of funds? Anybody knows the answer?
Thank you very much for the information. Does the GIC Account need to be opened several months before applying for the visa or can I apply for the visa immediately after having the GIC?
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What happen to the money if already paid then visa refused? Can I get the money back from the school?
I am pretty sure the school will refund you, if you show them that you were refused. But they want to see the original refusal. Double check with the school to be sure.
Hi, how about visit visa? My auntie want to send money in my account, but its not for me, it's my grandmother allowance. My question is, can it affect the flow of my saving account? Thankyou
If I have cash how do I prove to them that I have the cash
Hi, unfortunately it will have to be in a bank account. Or what you can do is use some of the cash to pay the first tuition, or purchase a GIC, they will accept that.
Hi Ms. Mc! My aunt is going to sponsor me using her Tax free savings account. Can we use that as proof of funds? Hope you notice my question. TiA
Okay so I have a family friend that is gone provide me accommodations. How do i show this evidence for this and where shall i show this evidence.
Hi,
as we mentioned in the video, have your friend write a statement where they describe how and why they will support you. The more financial proof they can provide, the better (Bankstatements, paystubs, etc.)
So that means GIC is included in proof of funds..??
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Hi dear, after getting student Visa, will they come back to you and see if you still have enough funds.
Thanks
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If I have cash should I show it in my bank account ?
Hi, unfortunately it will have to be in a bank account. Or what you can do is use some of the cash to pay the first tuition, or purchase a GIC, they will accept that.
Hello, My letter of admission (PhD) specifies an amount of money that will cover my tuition and living expenses. Can I use it as POF?
Hi ...so if my program is 4 years ,should i show 4 years proof of funding ? appreciate your answer please
Technically yes, or at least proof that you have ongoing income or someone that sponsors you.
Can my grandfather sponsor me? He is retired so bank statement and certificate, affidavit and ITR is enough? Can I attach ITR of my parents too?
Is it necessary to submit proof of funds even if we got full scholarships? can I show stock value as a proof of fund?
See here:
www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/get-documents.html
Stocks are good to add to proof of funds but don't count much by themselves, as they fluctuate and are not as liquid as cash.
A full scholarship is hard to get but even if you have one, don't you still need a place to live, buy food, pay your cellphone bill etc?
Hi thank you for this video, i would like to ask if how long does it take before i can get my bank cert or proof that i have a GIC from the day I opened it? Thanks
Hi,
with a GIC you should get it pretty soon once they received your money.
If you show your bank account, get a cert from your bank, make sure to provide 4-6 months of your account history as well.
Hello Mc! Been watching your vids and planning to go canada thru student permit but my mom is a canadian citizen. You’ve mentioned to one of your vlogs that one of the reasons your application gets refused is having a parent pr or citizen. 🥺 Please share your thoughts. What should I do?
So what did you do?
Hello. Is it okay to withdraw my funds after getting a bank statement
If you need to use that account on a daily basis then small amounts are ok, but the majority of course needs to stay there as you need it for Canada. (Unless you use some to pay tuition fees for example).
i dont know how to start my payment for northern lights college in BC, may i ask for help, ty
If you got approved they should have it on the LOA, or they will send you information about that in the future. You can also contact their admissions office and ask.
Thanks!!!!!!!
Happy to help
What are the documents needed if your relatives wanna sponsor you? Thanks 🙂
Hi, does your sponsor neccesarily needs to be in the same province as your school of interest? Or they could still be eligible even if they are not? Thanks alot!
can I show my own financial statement as a parent to support the sudies for my son incase? Also you've mention the total number of years of studies say 4 years I should show upfront for total amount?
Hi MC and Mr felix! Thanks for this video.. May I ask, when is the best time to produce my bank statement and certs, my relative's who is living in Canada, and other sponsors i would like to add in my application?
Thanks for your feedback :)
The more recent your statements are the better. So I would get them just before you submit them with your application.
Hello ! Thank you for the video. I would like to ask if the proof of funds for my son is from my personal loans here in bank in middle east is there a problem ?
Just provide bank statements/certificate, COE, salary certificate to prove your income
Hi Ms. MC thank you for lots of informations it gives me hope. I'm from Philippines but I'm working in uae, I want to know if where should I open my savings account here in uae or in the Philippines for my proof of funds. Thank you in advance.😊
Hello Diana, you can use any banks as your POF as long as it's named after you or your sponsor/s with supporting documents :)
Hi!! Thank you so much for this information, it was such great help. I was wondering if I could get your opinion on this: My mother in law is sponsoring me and I have all the required documents for it. However, my first semester will be paid by someone in Canada as a personal favor. Do I have to provide proof of who and how was my first semester paid or is showing the receipt enough?? Can that be a red flag of some kind?
Thanks again for your content!! Kind regards from Colombia.
Question? How about multiple remittances from Canada crediting students bank account in the phils few weeks before the submission of application will that be ok? In addition? If you already open a gic for 10k do we you need to submit a bank certificate and bank statements? Thanks
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Nice content Miss MC thanks for sharing. I have concerns though. After the affidavit of support got notarized what's next? Can they simply send the soft copy via email or I need the hard copies to be submitted to the VO
Currently they only accepts online based application
For example, my parent will be my sponsor and she is from the Philippines, does she still need to provide income tax? Thank you
Please can I have more than one sponsors. For instance like wife and a friend who has left my home country for United Kingdom .
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Hi, how can I put funds down in Canada for GIC from Nigeria?
Yes you can. choose your bank in Canada for the GIC, Scotiabank is one for example.
@@studyliveexploreca thanks
Hi mc, thanks for the info. I just want to ask whats ur take if we have a house thats still under amortisation and that we would let someone rent it when we go to Canada? Would that help with our pof too, and that the rent would somehow supplement with the monthly amortization?
Hi,
thanks for your feedback!
It depends really. If you still have to pay money on top of the rent for the mortgage, then maybe not mention it at all.
I obtained a personal loan and invested in a fixed deposit. now it is almost 6 months I did that, will it be a problem? will they check the history of my loan account?
If ako po principal applicant, pde po ba gamitin Provident fund under my husband’s name pagdagdag sa Proof of Funds?
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Hello- new subscriber here!
I need an advice pls😊
I am planning to take a program on Customer/Client Relationship Management in Toronto. After finishing this course, I’ll apply for PGWP program. But I also know that I may NOT BE able to land a job on supervisory levels during my PGWP because the entry-levels of the above-mentioned course that Im planning to take belong to NOC job C- which as a result will also not qualify me for FSW application. So my question is, can I apply for PNP on any of the provinces as an alternative instead?
As long as you meet each PNP requirements you can apply to any PNP programs
Hi Ms. MC, my uncle will sponsor me throughout my study in Canada, he is a PR in Canada by the way. Would it be okay if I only provide a letter of support to the VO? I think the Affidavit of Support should be notarized and I watched on some other videos that it's hard to get papers notarized in Canada.
Hi,
Well it doesn't have to be, it just makes it a bit more trustworthy.
Its not hard to get papers notarized, you just go to a lawyer or Public Attorney, takes five minutes and cost maybe 20-30 $
Bank-statements are pretty strong as well.
@@studyliveexploreca hello good day mam. Is this a consulting agency? Im doing diy with my application right now. And im finding it difficult to find a valid format for the proof funding and expenses. Recently saw this video. I was hoping you could help me with the process thank you
Is it possible to sponsor me by my blood relationship like aunt or uncle even cousin?? In that case ,do I need to show the proof of funds from my bank account??
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Hi Ms. MC! If I am to open a GIC account today then lodge my application after 3 days, will it be a red flag? I am considering to open one before I lodge to have a stronger POF. What do you think? Thanks!
You can use the GIC as a proof of funds as soon as they have your money and you have proof of that. Not sure what exactly the bank gives you but should be some form of statement or certificate.
Hi guys, is possible to take a personal loan instead of a student loan for the Canadian student permit?
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Hi, I have a question, I'm an ofw here in Japan Do I have to go back to Ph if I'm going to apply for a student visa in Canada? as a proof of fund i will choose the GIC. would that be possible? Thank you.
How safe your money is in a GIC account on a scale of 10 if you're being refused
You mean getting it back because your visa application got refused?
It depends on the banks terms and conditions, they will likely charge a service fee, regardless.
But I would say 9-10 in terms of getting your actual savings back. (remember the currency conversion fees etc as well )
🎉
Hi, do I need to indicate or include where I get my proof of funds in my bank if I am a fresh graduate and no work experience yet?
Hello,
Just a question can your husband/wife be your sponsor for your student permit instead of other family members
I think provided na hindi sya kasama sa application mo
Hi Ms.MC is it okay to use a one year old savings acct as a proof of fund wla po bang mari-raise na suspicion if one year old plang ung bank acct mo?
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Hi Mc and Felix! My aunt is planning to sponsor me for my international education. Does showing her bank account certificate/statement enough for my POF? Or is it necessary to have it transfer on my account? Thank you very much! :)
Affidavit of support and other supporting documents need mo to strengthen your application. Also ok din if may share ka kahit papano
@@studyliveexploreca Thank you Ms. Mc! Malaking tulong po ang info na ito. More power sa channel mo po! :)
ruclips.net/video/mqE5_ocIsOU/видео.html
Hello po. May tanong po ako. What if ung husband lang po ang may trabaho saamin dalawa tapos cya po ang mag ssupport kunwari saakin sa pag study abroad pero ung bank account is joint account po un namin mag asawa. Anu po mga dapat gawin pag ganun na case need pba explanation from the husband?
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Since ofcourse you are going to study in Canada, can the sponsor be from the U.S.?
Same question
pwede po bang proof of
funds ang GIC? applying via SDS po.
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Got a refusal letter stating the reason for rejection is “Personal assets and financial status”. Please how do i go about responding to this from IRCC? Thanks..
Tony Idoye how much did you show as proof of fund?
@@katesylvanus765 I actually know where i faulted when providing pof. But at this juncture i need a better way of replying to the reason for refusal on my loe please.. thanks
Hi mam yung about sa Sponsorship . Okay lng po ba OFW ung tita ko sa Canada? Citezenship ndn po sya, ano po need nya Requirements?
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