Agri-Food Pilot: Proof of funds
Settlement funds
You must prove that you have enough money to support yourself and your family after you get to Canada, unless you’re already working in Canada.
You must prove that you have enough money to support any family members, even if they’re not coming to Canada with you. You can’t borrow this money from another person.
Document requirements
For proof, you must get official letters from any bank or financial institution where you keep funds.
The letter(s) must
- be printed on the financial institution’s letterhead
- include their contact information (address, telephone number, and email address)
- include your name
- list outstanding debts such as credit card debts and loans
- include, for each current bank and investment account, the
- account number
- date the account was opened
- current balance of the account
- average balance for the past 6 months
Your proof can be 1 or more of the following:
- bank account statements
- documents that show real property or other investments (such as stocks, bonds, debentures, or treasury bills)
- documents that guarantee payment of a set amount of money payable to you (such as banker’s drafts, cheques, traveller’s cheques or money orders)
Family size
The amount of money you need to support your family depends on the size of your family.
To calculate the size of your family, you must include
- yourself
- your spouse or partner
- your dependent children
- your spouse’s dependent children
Include your spouse and dependent children even if they’re
- permanent residents or Canadian citizens
- not coming to Canada with you
The table below shows the minimum amount you need to immigrate to Canada in 2020. The minimum amounts are updated every year.
Number of family members (including those you support who aren’t immigrating with you) |
Funds you need (in Canadian dollars) |
---|---|
1 | $12,960 |
2 | $16,135 |
3 | $19,836 |
4 | $24,083 |
5 | $27,315 |
6 | $30,806 |
7 | $34,299 |
For each additional family member | $3,492 |
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