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Nationwide Immigration » Latest-news » Funds Required for Canada PR

funds required for canada pr

Proof of Funds Required for Canada Immigration

Know How much funds required for Canada PR Express Entry Program in 2020

Funds Required for Canada Immigration – PR Visa

Canada is one of the most inexpensive countries in the world when it comes to immigration. The country offers a wide range of immigration pathways to choose from depending upon every immigrant’s preference and immigration needs. Generally speaking there are four immigration pathways into Canada. These are:

  • Federal Express Entry Program

This is the national immigration pathway and offers three categories of immigration – Federal Skilled Worker Program (FSWP), Federal Skilled Trades Program (FSTP) and Canadian Experience Class (CEC). Out of these, the FSWP is the most popular program for Indian immigrants to Canada.

  • Provincial Nomination Program

The Provincial Nomination Programs or PNPs offer immigration pathways to particular provinces in Canada. The advantage with applying for PNP is that if you are unable to get selected for Canada PR through Express Entry, then you can apply for PNP and if selected, you are guaranteed immigration. PNPs also have a slightly lesser eligibility criteria than the federal immigration program. So, if you want to move to a particular province like Alberta, Saskatchewan, British Columbia or any other, then PNP is a good option.

  • Quebec Skilled Worker Program

All PNPs except the QSWP operate through the Express Entry program. The province of Quebec has its own separate immigration platform. So, if you want to go to Quebec, then this is the immigration pathway you should apply through.

  • Occupation in-Demand

The Occupation in-Demand category is meant for those professionals whose occupation is in high-demand in Canada. Both the Federal Express Entry program as well as the Provincial Nomination Program offer OID categories. Before applying through this pathway for Canada PR, ensure your job is in high demand by looking at the NOC list for the particular province you want to immigrate to.

Now that we understand the various immigration pathways to Canada, let us look at the cost of immigration through each category.

How Much Will It Cost Me to Move to Canada?

The first thing you should know about immigration to Canada is that there is no cost for application for Canada PR through the Express Entry program. If you apply through PNPs, there might be a processing cost attached. Some PNPs like Saskatchewan do ask for a non-refundable processing fee, so be sure to check these particulars before you apply.

Before your Canada PR immigration application is selected, there are a number of costs associated with ensuring your application gets processed properly. Here is a detailed list of all the costs you will need to take up in order to get your Canada immigration application processed:

  • The Education Credential Assessment (ECA)

The IRCC, which is Canada’s top immigration authority, requires all applicants to provide details of their educational qualifications. For that, you will need to get an ECA from the World Education Services. This document will adequately show that you have the right qualifications as you have entered into your Express Entry profile. The average price of getting an ECA is about 220 CAD. Along with the price of the documents, you will also have to pay for the delivery charges. These prices vary from time to time and region to region. So, be sure to check out the WES website or talk to one of our experts before you decide to spend your money.

  • IELTS Exam Cost

The IELTS exam is required to have your Canada PR immigration application processed. Before you take the exam, you will need to pay for it. The average cost of the IELTS exam is around Rs. 13,250. Again, it is best to take professional help from Canada immigration experts before making payments. Also, if you need help with scoring well in the exam, we have excellent training programs to ensure you get top-marks.

  • Provincial Nomination

As we said earlier, for people unable to get selected for immigration to Canada as Permanent Residents, PNP is a great way of ensuring selection. Different PNPs have different additional costs, if any. Some PNPs don’t charge anything for their processing fees, while others might need you to pay some amount. Consult a Canada immigration expert or visit the PNP site of the particular province you want to go to. The overall cost of getting a PR visa through PNP is 550 CAD.

  • Financial Documents

Candidates who have applied for permanent residence visa under skilled immigration programs Federal Skilled Worker Program (FSWP) and Federal Skilled Trades Program (FSTP) have to provide with the proof of settlement funds. Candidates have to provide with proof that they are able to support themselves and their family members that are accompanying for the move to Canada. The following table will illustrate the amount needed for the proof of funds with respect to a number of family members:

Number of Family Members Amount Needed (in CAD)
1 $12,960
2 $16,135
3 $19,836
4 $24,083
5 $27,315
6 $30,806
7 $34,299
Each additional family member $3,492

Family members include spouse or partner, dependent children and the dependent children of a spouse or partner. For dependent children age limit is up to 22 years.

  • Passport Costs

So, finally you have all the documents you need and have been selected for immigration. Now it is time to get the Canada PR visa and move to your dream country. The overall expense for getting a Canada PR visa varies between Rs. 1000 to Rs. 2000 for each person. Naturally, depending upon how many people are going with you, the expense will rise. Also, if you need the passports quickly, then you can apply via Tatkal and will have to pay and extra Rs. 2000 for each visa.

  • Post-Landing Certificates

These are certificates that you will need to show to the Canada immigration authorities after you have landed. They include a medical certificate as well as a police clearance certificate. The cost of getting a medical certificate is 250 CAD per person. For the police certificate, the cost will vary according to quantity of paperwork required.

  • Right of Permanent Residency Costs

Remember that your PR visa is only valid for up to 3 years and after than you will either need to renew it or apply for a PR right. This official document can be got for about 490 CAD.

Why Choose Nationwide Immigration?

Nationwide Immigration offers one of the most successful Canada immigration services in India. We also provide one of the most comprehensive immigration services which include consultation, IELTS training, documentation facility, rejection case analysis, legal advice and services and much more. If you want to make your Canada immigration dream come true, then join our 25,000+ successful clients and move to Canada in 2020. Fill out our free assessment form to get start today!

2349039115334

5.0 rating
April 24, 2018

My ielts GT total bank score is 6.0 which pnp program can i apply to?

Abiodun Adewale

9422247683

5.0 rating
April 24, 2018

Have scored 5.5 avrage is it

Monesh ashok sharma

7000766652

5.0 rating
March 8, 2018

What is IELTS Score Required for MPNP family Case.My Real Sister will give us sponsrship.
is IELTS Compulsory for both.i mean spouse

Shaminder singh

9911255750

5.0 rating
January 19, 2018

What is ielts score required for pnp programme

Rohit chopra

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