Updated Settlement Funds Requirement for Express Entry Immigration to Canada as of 27 Jan 2017
02/02/2017
Unless you are currently authorized to work in Canada and have a valid job offer from an employer in Canada, or you have been invited to apply under the Canadian Experience Class, you must show that you have enough money to support yourself and your family after you get to Canada.
You cannot borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they are not coming with you).
You will need to show proof to the Canadian visa office in your home country that you have enough money when you apply to immigrate.
The amount of money you need to support your family is set by the size of your family. We update these amounts every year.
Number of
Family Members |
Funds Required
(in Canadian dollars) |
1 |
$12,300 |
2 |
$15,312 |
3 |
$18,825 |
4 |
$22,856 |
5 |
$25,923 |
6 |
$29,236 |
7 or more |
$32,550 |
You do not have to show that you have these funds if:
-
you have a valid offer of arranged employment in Canada AND
-
you are currently working or authorized to work in Canada.
CIC
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