Proof of funds for Canadian immigration - how to show and manage?

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  • Опубликовано: 3 окт 2024
  • For Canadian immigration managing funds and presenting them up to the satisfaction of the visa officer is of great importance.
    These funds are required as per family size (spouse and kids) irrespective they are included in PR application or they shall stay back in home country.
    A gift deed to skip ageing of proof of funds may be useful and acceptable, if presented properly.
    PS: Ignore the comments about FSW draws and SINP which now need update and were true when this video was recording in early July 2022
    For latest Proof of funds threshold, please visit official website of IRCC:
    www.canada.ca/...

Комментарии • 212

  • @FazAnsariSYIC
    @FazAnsariSYIC  2 года назад +3

    Official link to Proof of funds:
    www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html

    • @usmanraza3792
      @usmanraza3792 7 месяцев назад

      @fazansariSYIC ITA. received 14feb , only 1 lac salary in my current account, i have two cars own my name which i can sell . Actual market value of my each car is around 15 lacs , can i sell both cars ? Or one ? , overpricing each around 20 lacs ? And attach vehicle smart card showing my name as owner + notarized sale deeds on stamp paper + bank draft received from buyer ? That makes 40 lacs ,plus i take a 7 lacs gift deed from my sister or deposit directly in cash which i have as savings ? Kindly guide

  • @blackpearl9952
    @blackpearl9952 2 года назад +1

    JazakAllah Khair
    Is video ki shadid zarorat thi .
    👍
    Wish you prosperity in this world and here after.

  • @mirzadanishbaig812
    @mirzadanishbaig812 Год назад +3

    Asalam o Alaikum Brother,
    First of all its a really nice video. Learned a lot! Thanks
    Secondly, I was watching the comments section and got pleasantly surprised that you reply every comment made. This shows how professional and sincere and kind hearted you are Mashallah.
    My question -If you would like to answer, of course- is that "Do I need to carry the Funds to Canada?" I will arrange the funds Inshallah but is it mandatory to take those funds to Canada?
    Jazakallahu Khair

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      W Salam
      And thanks for appreciating.
      Yes you need to prove that those funds are still accessible to you even when you land in Canada because those funds are actually needed and helpful for your initial days in Canada

    • @mirzadanishbaig812
      @mirzadanishbaig812 Год назад

      @@FazAnsariSYIC thank you very much for your prompt response. Appreciate it. Thanks once again 👍

  • @muhammadrehan5005
    @muhammadrehan5005 2 года назад +1

    Thanks Sir
    Tremendous guide by you

  • @shaheryarhabib5865
    @shaheryarhabib5865 24 дня назад

    When should I transfer gift deed money from my father: before express entry profile creation or after ITA?

  • @muhammadrehan5005
    @muhammadrehan5005 2 года назад +1

    Thanks Sir
    Nice conversation

  • @priyaranjansamal4517
    @priyaranjansamal4517 Год назад +1

    Nice information sirji thanks 👍

  • @mashhad2722
    @mashhad2722 6 месяцев назад

    What if I don't have all the funds from my father. I do have from my father but the trail is for the partial amount other I deposited in my account? What do I do in this scenario?

  • @mirza736
    @mirza736 9 месяцев назад

    Thank you for this much needed explanatory video.
    I have a question which is confusing me a lot.
    I have all the money trails for gift deed but i have lost deposit slip of one of the transaction(others exist) but can proof from account statement, What to be done for that deposit slip?
    thanks in advance.

  • @mahamlone4715
    @mahamlone4715 Месяц назад

    Urgent query. Kindly reply. Application deadline in 2 days :(
    We've sold our car to show POF for PNP of Ontario. The car was in my husband's name, so he's sold it and now put the money in my account (As I'm the primary applicant). Will a gift deed suffice in this case that the husband has given me the money to put in my account? or will this need some other affidavt? (As technically we both need these funds to show for the PNP POF? We will be attaching the car sales deed, cheque of car, cheque and deposit slip that money was put in my account also.

  • @abican7327
    @abican7327 4 месяца назад

    Hello Sir. Could you please advise if I can show investment life insurance policy which has a locking period of 7 years and accumulated wealth is now about 15000 CAD as proof of funds?

  • @awaisi8383
    @awaisi8383 3 месяца назад

    If my father has business cash, and after ITA, he deposit this cash in his own account ,and after that within a few days he deposit in my bank account , and we make gift deed after that ,
    Will it be accepted ????

  • @malikz17
    @malikz17 9 месяцев назад

    I have been issued ITA... I am planning to sell my gold to complete 22000 dollars. Can you guide that do we have to open a dollar account or I can use my simple bank account? What documents are required to be submitted to show that gold has been sold? Receipts of sale will be enough?

  • @navrosekaur1599
    @navrosekaur1599 Год назад

    My father has transferred 2 lakhs in the month of April and 3.8 lakhs in the month of August. As I'm in the process of submitting my documents for my express entry and will be submitting all the required documents by mid September. I have a few queries. I have to make a gift deed for money transferred in the month of August. But do I need to make one for the month of April as well?
    1. If yes, do I need to make two separate gift deeds or can write both the amount on one gift deed?
    2. Will these two gift deeds have any negative impact on my profile?
    3. If no, will it create any problem if that amount is shown in my last 6 months bank statement?

  • @guidevalley
    @guidevalley 7 месяцев назад

    What wealth statement is not filed historically? Will the documents of ownership alone suffice, for example in case of a car?

  • @m.amirazeem3263
    @m.amirazeem3263 Год назад

    What is the mandatory period for maintaining the proof of funds for Canadian Immigration?
    - Just after creating profile?
    - Between EOI and ITA?
    - Any valuable suggestions for proof of funds, other than liquid cash (like car papers, property, gold receipts etc.)?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Six months before filing PR application
      To
      Landing
      Only financial assets are accepted. Other ways of using fixed assets have been discussed in this video

  • @abdulrehmanhafiz2169
    @abdulrehmanhafiz2169 Год назад +1

    Please make a video on Canada self employed program

  • @DanishAli-fm2cp
    @DanishAli-fm2cp Год назад

    Hello sir,
    I've not maintained my bank statement as of yet and i roughly have around CAD $1000 . Same is the situation with my mother's bank account, however, I've the whole amount which is required for PoF in cash. Which option will be better from the following considering my CRS that is 475(hopeful to get ITA in next draw)?
    1. Sell our car which is on my mother's name and get it as gift deed with proper money trail.
    2. Considering I'm not a filer, I become a filer and declare 20 tola gold as asset. Then, when asked for PoF, I sell that gold and show proper trail of it.

  • @ranaaownhaider8800
    @ranaaownhaider8800 Год назад

    Faiz sb thank you for this informative video.....
    My question is that, I can't understand from your video as I have property and car for POF. But when Insha'Allah I will receive ITA and I will apply for PR than it is required to sold my assests and show amount in currency or I only show them my property and car papers as I am owner of this this property....?

  • @AtoV2022
    @AtoV2022 7 месяцев назад

    Bank statement should be before or after withdrawing PKR to convert them into USD?

  • @sanakara2875
    @sanakara2875 8 месяцев назад

    My husband and I are applying together and I am the primary applicant but the funds are in his bank account. Is that okay or a gift deed is needed in this case?

  • @anumbashir1758
    @anumbashir1758 Год назад

    Thank you sir..mene profile dal d h proof of fund profile bnany sy phly 6 mah hony chaheay ya ita recieve hony sy phly? Sir kb tak rakhny hn gy paese please bta dn mjhy

  • @NousheenAsif-l7x
    @NousheenAsif-l7x 11 месяцев назад

    Salam sir I don’t understand if I apply Saskatchewan so how can I arrange pof whether you told Saskatchewan don’t accept gift deeds ?

  • @Ali-108
    @Ali-108 2 года назад +1

    I have 2.5 million white money in my account , so i don't have to show the trail?? I m a filer as well so all my cash is white !

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад +1

      As long as your funds have required ageing you don’t need to show source

  • @harisbinzahid5723
    @harisbinzahid5723 2 года назад +1

    Thank you for explaining in detail.
    I have a question that I don't have enough saving to show as POF so if we sell our house (which is basically my father's house) and I'll get my share, can I show this amount as POF and will it be acceptable and plaease also explain what it will called GD or my own amount?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      For Express Entry and most provinces selling own assets and using its proceed to show as PoF is acceptable which basically rules out the need to have funds in one’s account for six months.
      However the province of Saskatchewan does not accept it. It simply requires to show ageing of three months.

  • @basiljohn8
    @basiljohn8 2 года назад

    How can show my investments in the equity shares and mutual funds as settlement funds. (What documents i need to submit)
    CA valuation required?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад +1

      Assets subject to market risk wouldn’t be acceptable.
      Capital protected mutual funds may be accepted.
      CA valuation not required

  • @sajawalkhanlodhi8161
    @sajawalkhanlodhi8161 Год назад

    In sinp where i can get express entry account number

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      EE number is obtained when your create Express Entry profile

  • @Afuxime
    @Afuxime 2 года назад +1

    Thank you for this much needed explanatory video.
    I have few questions which are confusing me a lot.
    1. Is it mandatory to have one gift deed? Or can we have multiples? (At least 2 with some intervals, which I’m considering)
    2. Gift deed submitted is to be on stamp paper/affidavit?
    3. My mother will donate me through gift deed but problem is that my mother is uneducated, will there be any objection over signature or thumb impression on cheque and affidavit??
    4. If I’m going to submit account statement of my mother’s account, will there be any query/objection about where those in that account came from?
    5. I’m sorry if I missed in between, is gift deed with proper ageing i.e., more than 6 months accepted in all EE and PNP ? Especially referring CRS EE & SINP.
    JAZAKALLAH
    thanks in advance.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      1- Can be more than one at different intervals but should be presented in acceptable way

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      2- Should be on stamp paper and notarised

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      3- That’s fine

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      4- Usually there are no questions adked but be prepared if donor’s statement for previous period is asked. It is possible to track if funds were not actually donated by the parent but only routed through her account

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      6- Most PNPs (except Saskatchewan) and EE accept GD

  • @MuhammadYaseen-xp3tr
    @MuhammadYaseen-xp3tr 10 месяцев назад

    Proof of fund compulsory hai USD ma show karo?

  • @aliharoon9966
    @aliharoon9966 Год назад +1

    Thanks 🙏

  • @arslanaamir
    @arslanaamir Год назад

    can you share the link for "DONT TAKE PoF FOR GRANTED" post please

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      That’s on Facebook.
      facebook.com/groups/394239807658641/permalink/1149400968809184/

  • @madihayaseen9340
    @madihayaseen9340 Год назад

    Hi, sir please guide something bank statement regarding Saskatchewan pilot program as they are not accepting friends deed please guide another way out how to maintain statement if you already received invitation.??

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      90 days ageing is a must as explained in this video. No gift deed accepted

  • @syedalubna201
    @syedalubna201 Год назад

    How can i show gold worth in a document form? As i have gold as gift. No documents available

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      If you have been declaring gold in your wealth statement to tax authorities in previous years than with proper documentation of its ownership and sale then yes you can show it.

  • @anumbashir1758
    @anumbashir1758 Год назад

    Please make a eca video for physiotherapists no body is here to guide

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +1

      Anum
      Please use IQAS. That’s best for physio

    • @anumbashir1758
      @anumbashir1758 Год назад +1

      @@FazAnsariSYIC thank you so much sir you are the first youtuber who replied me related to my quiries, you dont know how much happy i am Allah blesss you always.sir one more qs is that i hv to clear liscence exam to practice there. Will ECA through IQAS be sufficient because WES send a letter to PCE.

  • @m.amirazeem3263
    @m.amirazeem3263 Год назад

    While filling application for SNIP EOI, a warning says if I fail to meet settlement funds requirement at the submission time, I will be ineligible. Should I submit the EOI without the funds arrangements in my bank account?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Submit EOI if your funds are 30+ days old

  • @saadbashir3374
    @saadbashir3374 2 года назад +1

    For proof of fund sir I have question in mind we are applying for FSW pof should be kept in which bank account spouse (main application) ya secondary applicant bank statement can having Worth?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      You can show funds in anyone’s account as long as the wife is accompanying in PR application. It is increasingly important to have a foreign currency account.

  • @kdkhan9171
    @kdkhan9171 Год назад

    Salam
    Very Informative video sir thank you.
    My question is, i am saving all the funds (savings from my salary) in my wife's account on monthly basis.
    As i am the primary applicant can i use my wife's statement? or should i transfer all the funds again into my account for POF?
    would appreciate if you reply acordingly.
    Thanks

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Thanks
      Yes, you can. Just get a notarised affidavit that she does not have an objection

  • @maryamchaudhary9324
    @maryamchaudhary9324 Год назад

    How can I create a gift deed for a partial payment around 1 million sent by my sister from Canada to my account in Pakistan? Rest of the amount is completing its aging duration of 6 months.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Have a gift deed prepared where the donor is residing for the partial amount. Follow same instructions given in this video

  • @shirazhashmi173
    @shirazhashmi173 Год назад

    Can we show cash amount received outside of bank from father as a gift deed?? Do we need to show where did he get that amount?

  • @jawwadhaider985
    @jawwadhaider985 Год назад

    Us dollar account kese khole please uska b bta dein

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Visit your bank and ask about documentation

  • @tenzinzompa2429
    @tenzinzompa2429 Год назад

    Can u suggest me regarding a part of showing assest...if I want to show my assist (my car).what all paper I need to attach ...

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      In order to use proceed from sale of your car. I suggest to show following
      Its ownership in your name
      Its sale deed or any documents
      Payment received from buyer
      I strongly encourage to have payment done in a bank account. No cash

  • @bushraafzal508
    @bushraafzal508 2 года назад +1

    Sir I live in Dubai. Do i need to transfer my assets into USD or is it fine to keeo them into Dirham ?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      Account in currency and country is acceptable. Keep in Dhs

  • @mamooniqbal
    @mamooniqbal 2 года назад

    Can you share the details of POF for SINP like bonds, stocks, account saving etc, cause i dont have $13000 in my account now and i have to show some other proof, Thanks

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      Marketable securities as per assets list of SINP can be acceptable

  • @umerkhan1433
    @umerkhan1433 Год назад

    For Alberta PNP, if my father is selling an asset and giving me a gift of that amount (equivalent to required Dollars). I will receive the amount next week. When is the right time to apply for Alberta PNP. Do need to maintain this amount for 6 months and then apply for Alberta PNP? Please confirm. Thanks

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Alberta chooses applicants. You need an NOI from the province to apply

  • @TheIftek
    @TheIftek Год назад

    Salam Sir, what documents should I provide to show that a month prior to getting the bank statement, there was a large transfer of amount which was provident and settlement amount received after resigning from previous salary.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Settlement letter or calculation provided by the previous employer showing break up pf end of service benefit

  • @alihamzabhatti1049
    @alihamzabhatti1049 Год назад

    Faz bhai i have a question. I understood what you told about pof for FSW. Can you plz tell me the pof aging condition of alberta pnp

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Same requirements of proof of funds as per family size

  • @EngineerAsadMahmood
    @EngineerAsadMahmood Год назад

    What is the stage in which the age is lock? Either at EE pool or after ITA?

  • @MuhammadAli-qr6di
    @MuhammadAli-qr6di Год назад

    Dear Faz,
    I have a joint account with my mother and I am transferring funds from the joint account to my solo account. Would a gift deed signed by my mother be acceptable and both bank statements highlighting the transaction would suffice? As the check has already been deposit i dont have its scan, but i do have the check number and the deposit slip. I would highly appreciate you advice.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +1

      That’s fine if you don’t have the cheque scan

  • @anumafreen158
    @anumafreen158 Год назад

    plz tell me if my husband apply alone so it is mendatory to show proof of fund according to whole family threshold

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Every person even if they are not accompanying

  • @MahnazQaisar
    @MahnazQaisar Год назад

    AoA. Jazakallah khair for the informative video and all the help that you provide here and on facebook. Can you please confirm if there will be any issue in POF aging if amount is transferred from own sufficiently aged (6 months+) Pkr current account to new own saving account in another Pkr bank (or vice versa) through internet banking? i.e are we free to make regular transfers between both accounts without affecting overall aging since the funds are sufficient in totality and source is old funds in bank which has is being split between two accounts but can be easily traced through bank statement and same title of account? If any precautions need to be taken before transfer, please share. Thanks

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      No issue. Explain with the support of dox

  • @anasanwar4115
    @anasanwar4115 Год назад

    . I have a amount which I got after property distribution when my parents passed. 2yrs ago, after I got that I have made a certificate in the local bank. How can I prove the amount? When there is no proof I saved that time. Cos I didn't ever think that this will be needed in the future.
    I need guidance please

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      No source to be declared if you have funds with you for last six months

    • @anasanwar4115
      @anasanwar4115 Год назад

      @@FazAnsariSYIC Thank bro for making me clear. I was worried, that I would make them clear.

  • @Lame8171
    @Lame8171 Год назад

    How to get paid consultation from u

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Please send an email to contact@immivisor.com

  • @faisalrabiya
    @faisalrabiya Год назад

    For sinp , is their any chance i get through if i don't have required amount in my bank at the time i recieve ITA and i transfer it later during 60 days , the required amount was their last whole year , but wasn't their at the time i recieve ITA ,

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      No chance. No mercy by SINP on 90 days ageing

  • @MuhammadAli-xy7vy
    @MuhammadAli-xy7vy Год назад

    If I sell property inherited by my sister and I around 2 years back and use my share of sale proceeds. I would have to show sale deed deposit (pay order or a check) in my personal bank account. What other documents might be required like an allotment letter, etc? Also, as it was inherited around 2 years back, I do have the property reflected in my tax returns.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      No you don’t have to prove source of funds that you acquired prior to sox month

    • @MuhammadAli-xy7vy
      @MuhammadAli-xy7vy Год назад

      @@FazAnsariSYIC I haven't sold the asset yet and will be selling it for the purpose of POF. I was mentioning that the asset in question is inherited and my intention is to sell it.

  • @DaljeetSingh-te2ch
    @DaljeetSingh-te2ch Год назад

    Hi sir, great video. I applied for EE on 29 Sep, 2022 and received ITA on 3 Feb, 2023. For what period do I need to show POF? 6 months till Sep'22 or 6 months after Sep'22?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Thanks Diljeet
      Six months while you ll be filing your application.
      Happy PR!!!

  • @nitinsharma5817
    @nitinsharma5817 9 месяцев назад

    Sir I am just a step away from submitting my PR file but today only I put the money in my bank account required for 1 Person ($13757).
    So do I need to wait 6 months from now and then submit the file or I can do it now ?
    Also, If I submit my file today and then suppose I got lucky and receive ITA after 2 months then my funds is 2 months old only, in that case can I show gift deed ?
    I mean to ask do we need gift deed to be 6 months old also or it can be of any time ?
    Please Answer Sir

    • @FazAnsariSYIC
      @FazAnsariSYIC  9 месяцев назад

      If you are using gift deed for PR application that exempts the six month ageing requirements.
      All the best to your application

  • @sarahzaman620
    @sarahzaman620 Год назад

    If someone has a 6 months statement but the money was given by the father about a year ago, should they still provide a gift deed and donor's account statement?
    Or just personal statement?

  • @abdulbasit-mi6jx
    @abdulbasit-mi6jx Год назад

    Amazing video. i have a query .
    I have certain amount in my account which do not satisfy the requirement .is it okay if i transfer money through my father /sibling account and fulfill my 13k cad requirement and show this in my statement .Will IRCC accept it?
    Jazak ALLAH.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Yes. It would be accepted under proper gift deed documentation

  • @saadhashmi9642
    @saadhashmi9642 Год назад

    Dear Mr. Faz, Thank you very much for this information. I am planning to move to Canada. I am married and have two kids. But currently, I am short of funds and cannot arrange the funds required to show for 04 persons. Initially, I am planning to move to Canada as a sole applicant and show the funds required for 01 person and after settling there for a year I will sponsor my family. Do you think this is a possible or workable solution?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      The requirements is to show funds as per family size even if they are not co applicant.

  • @kidstoryplanet
    @kidstoryplanet Год назад

    If we have valid offer letter in that case do we need pof? Because officil website is saying no need for POF

  • @nasirjavedlums
    @nasirjavedlums Год назад

    6 months aging means funds remain untouched or unconsumed for 6 months?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      There can be transactions in the account but average balance has to be as per requirements

  • @zainabahmed2045
    @zainabahmed2045 Год назад

    If we receive ita from sinp and after receiving it we sell our asset and show that we sold this and got the money so, will it be acceptable for sinp if money will go into account after ita?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      For less than 90 days of ageing SINP simply rejects application
      Please watch this too
      Saskatchewan PNP: Leading Rejection Reasons
      ruclips.net/video/MHoaOgFpYik/видео.html

  • @priyaranjansamal4517
    @priyaranjansamal4517 Год назад

    Sirji...can I show my father's current bank account statement??? Kindly tell me 👍

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +1

      No you cannot. Account has to be in thr name of applicant or her spouse

  • @i.Ahmad1Pk
    @i.Ahmad1Pk Год назад

    Shall the Gift Deed be acceptable from Uncle (parents brother)?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Ideally it should be from parents, siblings or in laws.

  • @jawwadhaider985
    @jawwadhaider985 Год назад

    Sir yhi to issue h koi support ni krtaaa hmary relatives rehty Canada mai Kuwait ki nationality h un k pas Canada shift ho gye Panasonic m MD hai wo majaal h k support kr deinn

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      That’s really sad to know

    • @jawwadhaider985
      @jawwadhaider985 Год назад

      @@FazAnsariSYIC yes they have a lot of properties here in Pakistan
      Agr sirf 6 mah ka rent de dein hmain to study visa lena koi mushkil kam ni SDS visa
      But kuch ni krty bank waly paisy lete h statement k liye uska b khrcha hai
      But I'll try my best
      Thanks a lot
      Allah Pak apko jaza de
      Ameen

  • @daniyal.sultan
    @daniyal.sultan Год назад

    Can my uncle in canada (Canadian citizen) provide me with a gift deed? Would it be acceptable or would there be an issue in the application?

  • @bushranadeem490
    @bushranadeem490 Год назад

    AOA Faz Bhai, main nay Ap ki Bohat sari informative videos dekhi hai , I'm also interested in Canada Immigration, I'm also a member of group Express Entry_Canada Pakistan Chapter , Main nay us main 2,3 bar questions kiey hain, but mujhay koi jawab Nhi Mila, Meray questions group main available he nhi hain, main Shayad overage ho gai hoon, May be I'm not eligible now but kindly Ap mujhay guide kr dain, kia mujhay try krna chahiey ya is topic ko apni Zindagi say he Nikal Dena chahiey, I know hr aik ko jawab Dena Apki duty Nhi hay, Therefore ye aik bahen ke request samajh Lain k plz I need your guidance, Thanx

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      You are right Bushra. Please post this in the Group
      Age
      Education
      Profession
      Expected or actual IELTS
      If you are married same information about the spouse.
      Let me know when you post

  • @TheDentalistt
    @TheDentalistt Год назад

    Assalamualaikum Sir, Can a friend give gift deed for POF?

  • @chaudharywaqasahmed4561
    @chaudharywaqasahmed4561 2 года назад +1

    Faz bahi, is it possible that one sibling take money from other person and then it could given on gift deed basis to that person who received an ITA. any problem can happen if this way did adopted like asking money trail from donor etc.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      I suggest that donor’s one month statement is provided to show funds were there at least for a month before donating to the applicant

    • @chaudharywaqasahmed4561
      @chaudharywaqasahmed4561 2 года назад +1

      @@FazAnsariSYIC thanks

  • @ayatzaheer2230
    @ayatzaheer2230 2 года назад

    Hi!
    I was wondering that if I keep my gold in the bank and take a loan from the bank, sort of like girvi rakhna but my father says this is called a pledge ( he has spent his career in national bank ). If I put the money in the bank, let it mature for 6 months, can this be used as proof of funds?
    The reason being that I don’t wanna sell my gold shuru men because I’m scared what if I don’t get PR. Yes I’ll have the money but the gold will be gone. I discussed with my father and he came up with this idea. He says if you don’t get PR, you return the loan and get the gold back, but if you get the PR, then the bank keeps the gold and I keep the money.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      That’s right. It wouldn’t be acceptable. If you don’t want to convert gold into money with no return I ll suggest to go for a USD account

    • @ayatzaheer2230
      @ayatzaheer2230 2 года назад

      Right, thank you so much :)

  • @saribwasee2937
    @saribwasee2937 2 года назад

    How we create a US dollar account from Pakistan?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      Approach TD or Scotia Bank, online when you have COPR available for opening an offshore pre arrival account with these banks

  • @HaiderAli-kd9ro
    @HaiderAli-kd9ro Год назад

    Salam Faiz Bhai ! I have a car and some invested money with someone .. so do i need to gather that investment or sell my car before ITA or can i just depost this money after ita by selling the car at that time..

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      W Salam
      For direct ITA in a federal draw you can sell car and liquidate investment later on to show as PoD. Not needed now

  • @MuhammadAli-xy7vy
    @MuhammadAli-xy7vy Год назад

    Faz Bhai,
    I already have 50% of POF in an FCY account with over 6 months of aging requirement. My question is should I get the other 50% converted from PKR to USD too? If I do this and get the ITA before 6 months of aging, what documents would I need to prove the withdrawal-conversion-deposit of USD.
    Also, would you recommend converting and keeping it in an FCY account amidst political turmoil and the overall situation of the country?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +1

      Yes you can. Save all the documentation for money conversion

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +1

      Freezing USD account is probable but rupee getting depreciated is certain.
      Choose wisely

  • @zainulabideen1937
    @zainulabideen1937 2 года назад

    Sir if someone is getting a yearly commission in the form of cash and planning to use that amount of funds as a POF. How can we declare it.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад +1

      Keep depositing into a bank account and save documents trail of commission calculation

    • @zainulabideen1937
      @zainulabideen1937 2 года назад

      @@FazAnsariSYIC faz bhai i am talking about like 5 million payment once in a year or after a complete a fiscal year. Like 20% share of a year profit in cash status but working as an employee in an agency. Much appreciate if u can clear my confusion regarding my situation

  • @awaissaleem1905
    @awaissaleem1905 Год назад

    My question is that Provident Fund and Gratuity offered by employer can be shown as POF ? As this amount is currently not in hand but in the end it belongs to employee. Please guide

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад +2

      Provident funds only because there is a statement of it can be obtained from the employer. Gratuity: No

    • @awaissaleem1905
      @awaissaleem1905 Год назад

      @@FazAnsariSYIC Thanks 😊

  • @mustafanaqvi2724
    @mustafanaqvi2724 Год назад

    Gift deed can be from my khala or phoppo will be acceptable?

  • @imranzafar8748
    @imranzafar8748 Год назад

    I'm in UAE with my wife and baby, wife will be main applicant. Can i show pof in my account im doing job and getting salary in my account? And can i apply from here?

  • @munazzamustafa8811
    @munazzamustafa8811 Год назад

    Hello sir. We have assets ( apartment+ car) but we can't sell them before our PR is confirmed .. Inshallah when we get the PR only then we can sell them. How are we supposed to show POF while submitting PR? We don't have any loved one who could gift or loan us such a big amount. What can we do?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Sell when you have an invitation. For filing PR application proof of funds is manadatory

    • @munazzamustafa8811
      @munazzamustafa8811 Год назад

      @@FazAnsariSYIC yes but an invitation doesn't guarantee that we get the PR .. if we sell our house and God forbid we don't get any PR then how will we live on rent ..

  • @ayatzaheer2230
    @ayatzaheer2230 2 года назад

    Hi Sorry I have another question haha 🙊! You were talking about land sale in this video. Tou what if the land is my parents’, they sell the plot and then give me the money? And let’s say the six month aging is not met. We have all related documents like the plot being in my parents’ wealth statement. But it’s still their money. So they would sell the plot and then give me the money through gift deed? Or they just give me the money and while providing proof of funds we attach an affidavit that my parents are sponsoring us?

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      For money received as gift source of funds is usually not required. And for funds with six month of ageing even gift deed is not required

    • @ayatzaheer2230
      @ayatzaheer2230 2 года назад

      Sahi sahi, thank you so much 😊

  • @faysalpanjwani2442
    @faysalpanjwani2442 Год назад

    Does SINP accept provident fund?

  • @InfiniQuest
    @InfiniQuest Год назад

    Dear Faz sb
    Are funds placed in low risk mutual funds acceptable as PoF?

  • @memoonaansari385
    @memoonaansari385 Год назад

    Hello Faz bhai, i got noi form oinp. my question is:
    1. if i open a USD account and get funds from my uncle (maternal uncle- mamu) and then show a gift deeds certificate from him, should it work?
    2. i have some funds in (not much) roughly $4000 CAD (in today conversion) in shares and mutual funds. should i attach their statement?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      1- I wouldn’t recommend acquiring funds from uncle
      2- Mutual funds are fine. Stocks are more prone to fluctuations and have no certain liquidation value

    • @memoonaansari385
      @memoonaansari385 Год назад

      @@FazAnsariSYIC I have another question Faz Bhai.
      I got NOI 8TH MARCH
      my crs is 473
      The NOI was sent to a range starting from 469
      I turn 31 in June 6, so my crs will becomes 468 on June 6.
      Do you see a problem here

  • @hassanpharmacist
    @hassanpharmacist Год назад

    Bhai jan,sawal tu gusa dilanai wala ha,but sawal zaruri ha,........ita aane ke bad,gift deed ka donor ka khud account khali hu,or donor kesi se paisai pakar ke,apne acount ma dalne ke bad candidate ko de raha hu,tu aisi surat ma donor ke porani statement tu nai dekha sakte,eska hal ha koi ya es case ma immigration na aply karain.

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      That’s clales routing borrowed funds from donors account to pretend it thats donor money. Keep funds in donors account for and then transfer to the applicant
      BUT
      Before doing anything about funds take IELTS with best score and have ECA done and post your progress for further advice.
      Good luck

    • @ZTours
      @ZTours Год назад

      How long should the funds be there in donors account? 1 month? If they ask, can I tell them that the donor was gifted that amount from his cousin(which is the actual case)?@@FazAnsariSYIC

  • @MahiKhan-p6o
    @MahiKhan-p6o Год назад

    I have an important question if you could answer that i am applying as a main applicant because my husbands age is 4-5 years elder then me but to show proof of funds we have a car and plot in my husbands name so you are suggesting that after invitation of ITA we should sell those and attach copies of stamp papers along with a letter to show that we had these assets and we sold it to show POF? is it acceptable too?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      There are be multiple situations that I discussed in this video. All are proven for FSW but for Saskatchewan provincial program selling assets does not work

    • @MahiKhan-p6o
      @MahiKhan-p6o Год назад

      @@FazAnsariSYIC So for a PNP program Saskatchewan does not aloows you to go with their region while going with such explanation. Am I right?

    • @MahiKhan-p6o
      @MahiKhan-p6o Год назад

      @@FazAnsariSYIC And what is the best solution to that as we have ony these two assets that we made from our job efforts and if we sell them out before hand then it is also a risk too

  • @YasirKhan-hi3rw
    @YasirKhan-hi3rw Год назад

    Can a mutual fund statement be used?

  • @muhammadumairkhan5667
    @muhammadumairkhan5667 2 года назад

    Faz Bhai I have one question and I m really concerned about it.
    I can manage my funds from borrowing before submitting EOI , I submitted my EOI on 1 st Jan 2022 now after 4 months I got ITA WHERE I SHOW THEM MY BANK STATEMENT with an OPENING BALANCE SHOW MY POF that is around 25000 CAD or 4.5 milli PKR.
    As I told I borrowed the amount after submitting how long I have to hold this amount into my account because I have to return the amount.
    I have an two properties can I use them as POF MEANS BY SHOWING Its DOCUMENTS ONLY, NOT BUY SELLING IT and supposed I got the approval for visa then I have sell that property and convert that into cash.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      You ll have to manage your borrowing outside of PR application. Funds have to be there till you land in Canada. In order to repay the loan you may need to sell off other assets. Taking funds off the account wouldn’t be recommended

    • @muhammadumairkhan5667
      @muhammadumairkhan5667 2 года назад

      @@FazAnsariSYIC Dear Faz, is it possible I show my property in POF INSTEAD OF CASH

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      @@muhammadumairkhan5667 fixed assets are not acceptable. Only financial assets are accepted (not even cash)

    • @zeejays5546
      @zeejays5546 Год назад

      Not even gold?

  • @sanaali8092
    @sanaali8092 Год назад

    Faiz bhai,please need your urgent response.. I have given account details/account statements of both of my bank accounts ..my question is that a few rupees are in one account and big amount is in another account..will ircc add/calculate the amount in both of my bank accounts? I'm asking so i don't have to top up my account..

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Both accounts will be considered to arrive at PoF requirements

    • @sanaali8092
      @sanaali8092 Год назад

      @@FazAnsariSYIC thankyou so much for replying to my query!!

  • @mohammadbilal6602
    @mohammadbilal6602 Год назад

    My brother in law who is living in canada has sent me money for pof. Im applying for sinp. Do you think it will be acceptable? What documents should i prepare to present pof in this way?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      It would be acceptable if you have 90 days ageing when filing SINP application.
      It wouldn’t be accepted if ageing is less than 90 days

    • @mohammadbilal6602
      @mohammadbilal6602 Год назад

      @@FazAnsariSYIC thanks.

  • @sarfrazbhatti3481
    @sarfrazbhatti3481 Год назад

    Aoa Faz bhai thank u very much for very informative video i invest some amount joint investment in National saving certificates what u guide IRCC accept national saveing certificate as prrof of fund and can we also use this for visit visa plz guide me in detail thanks Allah pak app ko is kee jaza day Ameen

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      For immigration it’s accepted. However for visit visa the purpose of showing funds is ti ensure you can spend that money on travelling expenses hence its acceptability for VV is questionable

    • @sarfrazbhatti3481
      @sarfrazbhatti3481 Год назад

      @@FazAnsariSYIC thank u sir if my son also have suficent saceing in his own account and we also show this joint investment then its good plz guide thanks i always pray for u and your family u r doing very well for pakistanis and others once again thank u

  • @ayatzaheer2230
    @ayatzaheer2230 2 года назад

    Sorry I have a follow up question. I just read your comment on a post on the Facebook group, you said, source is not required if the aging is six months. So in relation to my previous post, if my father keeps my gold in the bank and the bank gives him the loan, which he transfers to my account and we let it sit for six months, then it should be okay right? Please keep in mind that if we get the PR, we’ll use and take the money. We don’t have to return it. It will stay in our accounts till we travel for Canada. I mean me and my husband.

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад

      Irrespective how do “you” maintain the funds in your account for six months you ll not be asked for its source.

    • @ayatzaheer2230
      @ayatzaheer2230 2 года назад +1

      Yes yes I’ll let it sit in my and my husband’s accounts. We’ll let it mature. Thank you so much for all your help.

  • @azeemakhan5813
    @azeemakhan5813 Год назад

    Faz Bhai, I'm planning to get gift deed from my mother. But there's no ageing of these funds in her account as I'm just routing this amount through her account. Would that cause any problem at later stage ?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Ideally I recommend attaching at least one month statement of the donor

    • @azeemakhan5813
      @azeemakhan5813 Год назад

      @@FazAnsariSYIC received ita on 26 oct @496. I'll deposit fund in her account today and get gift deed on 5th December. By doing this she would have 1 month aging of funds in her account. Would that be enough to justify funds source?

    • @mohammadbilal6602
      @mohammadbilal6602 Год назад

      @@azeemakhan5813 i have same situation regarding pof, have you faced any problem regarding ageing of ur mother bank statement ?

  • @fasi76206
    @fasi76206 6 месяцев назад

    2:25

  • @eswarijayakumar4456
    @eswarijayakumar4456 2 года назад +1

    Hi, I have deposited 150000 rs in three days with 20000rs in each transaction via atm. Shall I get a gift deed from my father stating he gave me the amount in cash? Any other additional documents neeeded ? Please help

    • @FazAnsariSYIC
      @FazAnsariSYIC  2 года назад +1

      I personally do no support cash as financial gift. There would be serious concerns about its acceptance by the province and IRCC

  • @She.dreams608
    @She.dreams608 Год назад

    @FazAnsariSYIC
    Assamualaikum sir
    My POF account shows cash deposited of around 3lakh.
    How can I show proof of this cash?

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      Explain source of the cash briefly in LoE

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      You can cite reason that you added cash to cover up exchange rate difference from personal savings

    • @She.dreams608
      @She.dreams608 Год назад

      Jazak allah khair sir

  • @harismehmood3921
    @harismehmood3921 Год назад

    Sir, how can we have your services.
    Please share your email or contact details.
    Thanks

  • @faysalpanjwani2442
    @faysalpanjwani2442 Год назад

    Unfortunately I have forgotten to submit zakat declaration form and now it's too late. The only option from bank to generate payorder. .will it become trouble while maintaining POF

    • @FazAnsariSYIC
      @FazAnsariSYIC  Год назад

      For SINP: yes
      For EE: no

    • @faysalpanjwani2442
      @faysalpanjwani2442 Год назад

      @@FazAnsariSYIC can I transfer those funds to my spouse account? Would that be suffice for sinp ?

  • @fasi76206
    @fasi76206 6 месяцев назад

    2:25