8 THINGS YOU SHOULD KNOW ABOUT PROOF OF FUNDS! International students in Canada - study permit

[@studyliveexploreca]

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

[@samuelm.7112]

can my uncle sponsor my education????

[@GG-hj1lk]

Do you have agency in your own?

[@claralizmoreira2112]

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?

[@geod6932]

Love this video, Mc! Watching this video, somehow, did make me feel very positive and good about coming to Canada. Thank you!

[@JoyinCanada]

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:)

[@motazawad1844]

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

[@ronaramos3717]

Thanks for the video, very helpful! Oh and you look good together, bagay! 😍

[@studyliveexploreca]

Thank you! 😃

[@amoghadhikari7100]

He is just like Ross, of F.R.I.E.N.D.S series🥰🥰🌟

[@bobbygh1221]

Maybe but far from it because Germans are not known to be friendly and welcoming especially to foreigners in Germany. Very bad!

[@___Gurbaaz]

I thought ross from ONE and half man series ... 😆

[@amoghadhikari7100]

@@___Gurbaaz haha😂😂

[@calebliam7449]

Just in time you guys. So cute. Thank you Ms. Mc and Mr. Felix for talking about this topic. Stay safe.🥰

[@studyliveexploreca]

Thank you! Happy you like it.

[@bobbygh1221]

Let’s see if Germans will think the same

[@B02239]

Big applause to you guys, really informative and beneficial information

[@studyliveexploreca]

Thank you! :) I'm happy that I can pay it forward to those who I know needs this.

[@stellaneyramusica]

VERY USEFUL INFORMATION!! THANK YOU!!

[@studyliveexploreca]

You're welcome!

[@anabrande7863]

I want to say that I am very glad to receive these information, u guys are making my dream come through, thanks ❤️

[@sherylcastroverde1923]

wow! Felix looks like a real guest..😍😍

[@studyliveexploreca]

Haha lol

[@bobbygh1221]

Meet him in Germany let’s see if you will be treated as a real guest also

[@rechlegesse3498]

so sweet both of u .thank you

[@studyliveexploreca]

❤️❤️

[@KathDpl]

Super helpful nito! 💖

[@sumanthakoppula4788]

When you say Cash in which form you want us to show? you mean bank balance?

[@studyliveexploreca]

cash in ur bank

[@sgtravels86]

Would a 2-year tuition fee and miscellaneous fee totaling 50K CAD and 10K CAD be sufficient proof of funds for a single applicant?

[@studyliveexploreca]

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

[@ochomsophie143]

Wow !soo detailed. I have learnt a lot.thankyou 😊

[@chiomableofficial]

If I have cash how do I prove to them that I have the cash

[@studyliveexploreca]

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.

[@touhidhossain920]

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.

[@tranthanhnhan6505]

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)?

[@studyliveexploreca]

Yes if you saved money over years and have a history of that in your bank account, they should accept that.

[@malikasifhabib2029]

Very well explained ...cleared up my mind

[@RajaRamGurungRaza]

Is it necessary to submit proof of funds even if we got full scholarships? can I show stock value as a proof of fund?

[@studyliveexploreca]

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?

[@ab25396]

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!

[@husseinhalawa8716]

Hi ...so if my program is 4 years ,should i show 4 years proof of funding ? appreciate your answer please

[@studyliveexploreca]

Technically yes, or at least proof that you have ongoing income or someone that sponsors you.

[@emyroseestigoy2075]

Hi merry christmas ask lang po ako how much po ang per hour

[@kidstoysdrawings1605]

What happen to the money if already paid then visa refused? Can I get the money back from the school?

[@studyliveexploreca]

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.

[@JoyinCanada]

At 8:30, "you don't have to say Mr. Felix everytime!" haha.. it's funny, great tandem. I love it:)

[@bobbygh1221]

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

[@bido4833]

@@bobbygh1221 Did you really just replied to ALL of the comments that mentioned him???

[@arthuronyiora7140]

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.

[@studyliveexploreca]

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.

[@dilmeral]

Thanks for the video 😊

[@coast2501-zk5wf]

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!

[@studyliveexploreca]

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

[@coast2501-zk5wf]

@@studyliveexploreca thanks coach! But if there’s an accommodation what are the requirements from the person who will account for my accommodation? Thank you!

[@studyliveexploreca]

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.

[@sumitmaitraa]

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.

[@amritkaur269]

Ialso want to know the answer...almost Same querry

[@chiomableofficial]

If I have cash should I show it in my bank account ?

[@studyliveexploreca]

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.

[@robenson837]

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?

[@hersondalisay8513]

Hello. Is it okay to withdraw my funds after getting a bank statement

[@studyliveexploreca]

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).

[@Mskatyuska96]

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.

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@dennisdavebenigno587]

Hi! thank you for the information. Does the sponsor need to be Canadian? Can they be relatives living in US?

[@solotraveler7078]

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?

[@navjotsehgal8695]

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.

[@lifeinthesky545]

Thanks alot God bless you

[@studyliveexploreca]

Always welcome

[@jajenthiran]

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??

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@idrishjodhpurwala]

Hi, need an urgent suggestion pls. Can i withdraw my money from bank account since i have received canada study visa approved 2 days ago ? Hope it wont be a problem while landing in Canada. tyvm

[@studyliveexploreca]

hmmmmmm - where did you put the money then? you can bring cash - stay connected with us here - facebook.com/studyliveexploreca

[@idrishjodhpurwala]

@@studyliveexploreca It was a borrowed money used to show funds for my study visa. Since now i have received visa, hope there will be no issues !

[@KhidaNgai]

So that means GIC is included in proof of funds..??

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@janilenmillado4315]

Is there a chance ma approve, low proof of funds, pero may sponsor from aunt. Like I have 6500 CAD, actually 9500 CAD, but I already paid 3000 sa tuition ko. So 6500 nalang po. Enlighten me please

[@studyliveexploreca]

Hi, please see the proof of fund requirements here: www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/get-documents.html So per year you need to proof CAD $10000 plus Tuition. Remember there are other bigger expenses such as the flight that you have to consider, maybe health insurance etc.

[@isaacsadugba9053]

Thank you so much for this enlightening video. But my question is, can I show my proof of fund in my country currency?

[@studyliveexploreca]

Just mentioned them in CAD when you write your study plan

[@artarjona1083]

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

[@studyliveexploreca]

For clarification - please connect with us - facebook.com/studyliveexploreca

[@zakariahassan6380]

Hi dear, after getting student Visa, will they come back to you and see if you still have enough funds. Thanks

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@akshaybhunjun7155]

Hi guys, is possible to take a personal loan instead of a student loan for the Canadian student permit?

[@studyliveexploreca]

For clarification - please connect with us - facebook.com/studyliveexploreca

[@Prashanjeet490]

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.

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@abdulmuqeet6312]

Is GIC(Guaranteed investment Certificate) acceptable for Express Entry ?

[@studyliveexploreca]

Hi, see here: www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html#table

[@abdulmuqeet6312]

@@studyliveexploreca I read all but not mentioned anywhere. Kindly tell GIC, which is used for study permit can be used for FSW as a proof of fund

[@studyliveexploreca]

They accept GICs as a proof of funds for a study permit, so I would assume they accept it for Express Entry as well. But please verify this with IRCC. A GIC is basically a savings account where your money is locked in for a certain period and earns an interest.

[@marjoriejocson1467]

Is it true that PR parents in canada is red flag?

[@studyliveexploreca]

yes

[@rosierose2854]

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

[@jeliliadedoja2443]

Please can I have more than one sponsors. For instance like wife and a friend who has left my home country for United Kingdom .

[@studyliveexploreca]

For clarification - please connect with us - facebook.com/studyliveexploreca

[@chahat8864]

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?

[@gietaruc4289]

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?

[@studyliveexploreca]

connect with us so we can assess you... join our 1:1 coaching - www.studyliveexploreca.com/slestarterkit

[@hamidabdanan7795]

How can you have a GIC if you don’t live in Canada?

[@studyliveexploreca]

You can apply for it at a canadian bank when you are about to go to Canada as an international student. Check GIC scotiabank, BMO, CIBC etc.

[@sharonturado9456]

If ako po principal applicant, pde po ba gamitin Provident fund under my husband’s name pagdagdag sa Proof of Funds?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@williamkaray4122]

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.

[@tonyidoye564]

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]

Tony Idoye how much did you show as proof of fund?

[@tonyidoye564]

@@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

[@ace5060]

Thanks!! ❤️

[@studyliveexploreca]

Welcome!

[@marzandmoon4416]

Is it really important to stay minimum of 4months the big amount of money give by my mom eventhough there is certification that she will help my school? Or just 1 month will do for immigration? Sorry for my english im not good

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@Nunu-lf9cx]

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.

[@studyliveexploreca]

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.)

[@dominsi_blackpink1716]

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?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@oyindaidowu7110]

Hi, how can I put funds down in Canada for GIC from Nigeria?

[@studyliveexploreca]

Yes you can. choose your bank in Canada for the GIC, Scotiabank is one for example.

[@oyindaidowu7110]

@@studyliveexploreca thanks

[@yenyenacornblue6995]

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?

[@studyliveexploreca]

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.

[@yenyenacornblue6995]

SLE - StudyLiveExploreCanada thank you Miss MC for the enlightenment.

[@thanujajayawarna5320]

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?

[@janelynesantos1020]

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.

[@joipastrana6045]

i dont know how to start my payment for northern lights college in BC, may i ask for help, ty

[@studyliveexploreca]

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.

[@kerznerquienez1210]

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:)

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@hashmatkaihan3870]

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,

[@JohnDonasco]

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?

[@bobbygh1221]

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

[@studyliveexploreca]

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 :)

[@bobbygh1221]

@@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

[@themilliondigital]

very informative... question. how much do you consider a deposit a Bulk Deposit?

[@JEENAKKA]

I like her moustache ☺️

[@deborahjoyceb.sumaylo4264]

Can i ask umm if you don't have sponsorship are u still accepted to go international student in Canada? Can my family in the philippines sponsor me for my journey of going canada as international student?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@burma-2025]

@sle how about assets and rental real estates properties of the sponsor (family member) from home country who will support me for my study in Canada?

[@studyliveexploreca]

For clarification - please connect with us - facebook.com/studyliveexploreca

[@mountain12304]

How do you show cash like if I have the cash say for one year tuition fee and living cost in cash how do I show it

[@RehamElsabbagh]

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?

[@andrelynatendido4664]

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 ?

[@studyliveexploreca]

Just provide bank statements/certificate, COE, salary certificate to prove your income

[@yousif_alyousifi]

Is IELTS one of the required documents for a study permit application?

[@almonaldama5021]

Hi. I just want to inquire, Do I required to pay the 1st year tuition fee & its receipt to be submitted to student visa application? or Tuition fee Deposit plus ( 1 year tuition fee + 1 yr cost of living equivalent of amount of bank certificate) instead? Otherwise, I will inquire the procedure as to how to refund the 1 year tuition fee because as per the school that i previously applied, tuition fee deposit is enough.

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@VinodKumar-iu9jv]

Sponsorship certificate and bank certificate from Parents is that good enough

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@titinicknicktoce9861]

what if you have already GIC then suddenly got a result and it is declined can I still get back my money transfer over to philippine bank? is that possible?

[@studyliveexploreca]

Please talk to your bank GIC for this

[@suchiagarwal4824]

I got refusal when I applied through Sds in Jun'22 for a 1yr program in NBCC. Had paid 1yr tuition fee and 10k cad GIC. now i have secured a seat for a 2yr program in Langara. so how much cash should i show, after paying 1 sem fee of 6k cad, in my bank account? 1yr tution fee and 1yr GIC is enough or do i need to show entire 2yrs (tuition + living exp)? this time i am applying in non SDS.

[@Jasleen09]

How was ur result? Did u get ur visa?

[@suchiagarwal4824]

@@Jasleen09 no, i didn't get

[@lauradlavega]

About the Account Bank. How can enough money be shown? Total money most to be shown in all in the next four months or how?

[@studyliveexploreca]

Hi Laura, as per CIC, each applicant should have 1yr tuition fee + 1yr cost of living as POF

[@lauradlavega]

​@@studyliveexploreca Hi! Thank you for your very fast answer. My question is about the four months of the bank account. People say that the money in its entirety should be reflected in the last four months. Is this true?

[@rocelannevillanueva2953]

Hi po. Need na po mismo na complete yung 1 yr tuition fee and 1 yr expenses sa bank statement po before mag upload sa GCkey account para sa student permit?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@nitzgaid2540]

Hi MC, is it possible to have sponsorship who is not your relatives? Like, a family friend? Thanks.

[@krunalkapadia2299]

Can anyone sponsor me from India like can I show the property and bank accounts of my relatives and not my parents?

[@studyliveexploreca]

It depends on the location, so make sure you choose the right one, if you need help connect with us - facebook.com/studyliveexploreca

[@krunalkapadia2299]

I'll be applying from India (Sorry but I can't connect on Facebook as I don't use it now)

[@amnazafar4192]

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?

[@studyliveexploreca]

If you are not confident to apply on your own with your student visa - consder our student visa coaching - www.studyliveexploreca.com/membership

[@Jasleen09]

Can we show fixed deposit of one year term as proof of funds? Anybody knows the answer?

[@kimberlybucasas5757]

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

[@foodandtravel1227]

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?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@rumy0818]

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

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@abimbolasanni6991]

How safe your money is in a GIC account on a scale of 10 if you're being refused

[@studyliveexploreca]

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 )

[@CarlosEnrique84]

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?

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@amnielynneumana1015]

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

[@studyliveexploreca]

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.

[@dolanduk4855]

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?

[@themss785]

So basicly u mean that if u want to be approved , u need to have all the college money ( about 20000 cad for 2 years program) + ( 10000 cad for living ) ? or u need to add 10000 cad more because u chose the 2 years program ?

[@studyliveexploreca]

The more the better. Just follow the minimum requirements as per CIC

[@alimeral2801]

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 :)

[@JEENAKKA]

Stock reports aren't considered as liquid cash. However This will support you to help you justify your networth.

[@mariadelbarrio9300]

pwede po bang proof of funds ang GIC? applying via SDS po.

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@kristoffercaumban3752]

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.

[@studyliveexploreca]

It depends, we need to assess you first, please connect with us - facebook.com/studyliveexploreca

[@prbhvsr]

Thanks for video. Are fixed deposits accepted as POF?

[@studyliveexploreca]

Hi, you're welcome! Not sure what you mean by fixed deposits.

[@annrochelnogar4463]

Hi. Friends statement letter should be notarised? Thanks

[@studyliveexploreca]

Highly suggested. Yes!

[@tarunsohail4940]

is that a problem if my fund are my own savings ??

[@vandavefrancisco9313]

For example, my parent will be my sponsor and she is from the Philippines, does she still need to provide income tax? Thank you