Immigrate through the Economic Mobility Pathways Pilot: Proof of funds
If you’re applying through the no job offer stream (under the federal Economic Mobility Pathways Pilot), you must show that you have enough money to support yourself and your family after you get to Canada.
You can’t borrow this money. You must be able to use this money to pay the costs of living for your family (even if they’re not coming with you).
Items you can use as proof of funds can include
- bank account statements
- 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)
If your spouse or partner is coming with you, you can count money you have together in a joint account. You may be able to count money in an account under their name only, but you must prove you have access to the money.
The money must be available both
- when you apply and
- when we issue you a permanent resident visa (if we approve your application)
You must prove to an immigration officer that
- you can legally access the money to use here when you arrive, and
- the money is not encumbered by debt or other obligations (such as a loan)
How much money you need
The amount of money you need to support your family depends on the size of your family.
These numbers are
- based on 50% of the low-income cut-off totals for urban areas
- updated every year
You should check that you still have enough money to support yourself and your family if you immigrate to Canada.
To calculate the size of your family, you must include
- yourself
- your spouse or common-law partner
- your dependent children and
- your spouse or common-law partner’s dependent children
Include your spouse or common-law partner and all dependent children, even if they’re
- Canadian citizens or permanent residents
- not coming to Canada with you
The table below shows the minimum amount you need to immigrate to Canada as of April 25, 2023.
Number of family members (including those you support who aren’t immigrating with you) |
Funds you need (in Canadian dollars) |
---|---|
1 |
$13,310 |
2 |
$16,570 |
3 |
$20,371 |
4 |
$24,733 |
5 |
$28,052 |
6 |
$31,638 |
7 |
$35,224 |
For each additional family member |
$3,586 |
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