Skilled Workers for Canada: Required Proof of Funds

For those who wants to Immigrate to Canada one of the requirements that the Canadian Government requires is your proof of funds or in layman's term it's called Show Money. You must show that you have enough money to support yourself and your dependants after you arrive in Canada.

The Show Money requirements is computed for the next six months stay in Canada. For first time Immigrants the amount of money require will depend on the size of family you will support.

Number of Family Member
Single Applicant = CN$ 10,833
Married = CN$ 13,486
Married with 1 Dependents = CN$ 16,580
Married with 2 Dependents = CN$ 20,130
Married with 3 Dependents = CN$ 22,831
Married with 4 Dependents = CN$ 25,749
Family Members more than 7 = CN$ 28,668

Disclosure of Funds

If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison. These funds could be in the form of:

* cash
* securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or
* negotiable instruments in bearer form (for example, bankers’ drafts, cheques, travellers’ cheques or money orders).