Thanks a lot sir, I hv seen a lot of videos on u tube regarding immigration but so far I didn't find one such video which is so much clear, precise , simple and understandable.. I watch all ur videos because we r striving for immigration to Canada. Earlier I tried getting all the possible information from so many other u tube channels but, anyhow, I was not contented, I always wanted to have a second openion to confirm the facts given. Like here u hv shown each n every document required including the deed letter , affidavit etc. Also I never had such a clear understanding of this immigration process through other u tube tutorials. I must say u r doing a great great job. I hv no words of thanks for making things so clear n understandable for a layman .
You are doing good job. Many consultant firm take many many amount of money and they are also fraud. I think u deserve to a great fund. But you are doing this free. You have a great heart. Thank you so much for making success immigrate video. Bye.
Dream Abroad I want to ask you something if u don't mind. First of all I would like to say sorry plz don't mind. I want to talk with u its very urgent. Can u give me ur number or email or fb I'd anything else. Of course I will give u money for that. Take it normal don't mind. U r making it free its very good. But I need some information that's why I want to talk with u personally if u don't mind OK. Sorry again. If u have free time then I want to hire you for consult me first to last stage. Don't mind bro. U r making free videos and its very helpful for all peoples. I want to some guidelines from u that's why I want to pay u. Sorry bro.
Comeon buddy you don't need to say sorry for anything. I want to help you but cannot provide the contact details even for money as I am not into paid consulting. Please comment in any of the videos or in my channel's community discussion, I would be more than happy to help.
You're doing a phenomenal job my friend. You're videos are pretty clear and concise. I have a couple of questions. #1 Is it mandatory that I should maintain the funds in my account at the time of ITA profile creation or I need to worry about it only after getting the invite? #2 Also I need to know if I can get gift deeds from non-relatives just at the time of document submission (the fund will not be in my account for the last six months) I appreciate your time
Hi Shitanshu, I loved your video. It's very detailed and descriptive. I've been following the channel for almost a year now and wish to understand what you meant by visa submission in this video. Is it referring to application or stamping? Also let me know what are the paradigms when you are getting the money as gift deed. How long ago should the gift deed be signed? How many months shall the amount be in the account?
Dream abroad videos are really helpful for Canada immigration. The information provided in the videos is crystal clear. It would be more helpful for us if you share a link of those letter formats and gift deed formats in Google docs or Google drive.
Thanks for sharing such important information, it covered my all queries. bt still i have one question that how old money/funds should have in my account at time of applying visa
Thanks! Very useful. What if I get money transferred to my account gradually from my friends and family? Will I still need the gift deed? I mean how would the Canadian officers know?
Thank you so much for such an informative video, many consultancies take a huge amount to give away such info, sometimes even for basic info but you give a lot of information with no cost. You are really doing a great job. This video helped me in understanding "gift deed" better. I have a question regarding proof of funds, do we need this money to be in our account before we create our profile for ITA? I'm in profile creation stage and i don't have enough funds so I don't know if i have to go ahead.
Really helpful! Please guide me on the following queries: 1. I have 4 savings accounts in 4 banks. Bank A holds the money for immigration, Bank B has minimum balance and attached to education loan, Bank C and D have minimum balance only. Which all banks I need to approach for bank letter? Bank A only or Bank A and B or All banks? Please revert. Thanks!
Hello. Just a few quick questions. 1. You mention showing proof of funds at the time of Visa Submission. Does this mean pre-ITA or post-ITA? I know there can be a significant time involved between them so some clarity would be appreciated. 2. I currently have 2 loans (car + personal). I plan to return back my personal loan and transfer the car loan to my parents' account. In addition, I was planning on transferring some amount from my parents account to my own to provide a sufficient amount. How much time would be required to show this amount as a deposit? Appreciate your help and support. Thanks
You are doing a very good job my friend. It looks like you made these videos for your compatriots but you will be amassed to know it benefits others globally. Please I need one big favor from you. It is possible to have these docs you mention here in format where we can see it very well, such as word or PDF. Personally I am finding it difficult to read them. Thanks and continue with the good work...
Hi, you are really doing a great job. You have given the best information required especially who wants to migrate to Canada. I just want to know that my WES evaluation is cleared and I have scored IELTS CLB 7 (S-6, R-7, W-7, L-7) But, I am 39 yrs old. By March 2019 I will turn 40. Is it advisable to still try for Canadian PR.
kindly provide link all the formats in word format, it will be more helpful so that we won't make any mistake, and thanks a ton for providing all details.
Thank you so much for providing such valuable information!! You videos have and continue to be of tremendous help! Have a request, could you please share the word document of the gift deed, affidavit and letter of explanation formats? Thanks in advance
hi.. first of all ur videos r such a gr8 help in appplying for PR !! hats off..! jus a small query.. does the gift deed letter and gift affidavit need to be attested by a notary public ? kindly help me out !
Thank you so much bro. I appreciate your guidance and support. I m planning to immigrate to Canada after 1year but preparing myself to collect that amount.
This video us so helpful. I can now actually make a list of documents and keep it ready for myself. Thanks I have a question though. My husband is not a primary applicant I am. Can I take a gift deed from father in law?
Hey! You are doing a great job your videos are very helpful. I want to know if you need to show funds in a block account or showing it in your normal bank account with your respective bank would do?
Beautiful Video, Great Job Sir. I had a question though. So the total proof of funds needed to be shown are CAD 12475. Is there a particular limit up to which a parent can provide a monetary gift to me or Is it that the gift shouldn't exceed a particular limit? Would it look good to the immigration officer if my parent gifted me around CAD 10000 - 11000 ?
Hey, that's quite informative. Thank you. However, I have a query i.e. In case I have a house on my name worth INR 80 lakh and I take a loan against property or maybe an overdraft limit. Can this be used to prove the funds?
Hi Sheethanshu, You are doing an awesome job with your videos covering all aspects of immigration process. Regarding funds I just want to clarify, my wife will sell her gold jewelry to raise fund. We can show the proof of source since we will get the bill from the vendor. Is that enough and does that money also needs to be kept in my account for 6 months??
What a wonderful video. I got one query sir. For the gift deed, should we make it on a stamp paper or just plain A4 paper? Does making it on a stamp paper makes it any different? @Dream abroad
Thank you for the information. One quick question: My wife is primary applicant of EE profile and I've transferred around INR 4L to my wife's account from my savings account one month before ITA. I'm a dependent applicant and was wondering would this transaction cause any issue? Do I need a LOE for this ?
Hey, great video on the content covered. I have a question - if my savings account is in a private bank and my funds are all in post office savings FDs. The post office is refusing to provide me the bank letter in the prescribed format. What do you suggest I should do ? Should I rather go for a gift deed from my father ?
@Dream Abroad Thanks for clarifying the concept of gift deed and loan from bank for POF.. Can you please tell me about a scenario where first applicant will be receiving the money through gift deed and second applicant is having a running car loan and and an overdraft which is secured by provident fund value more than the overdraft.
Does the gifted letter has to be an official document of some sort ? Like a headed letter from a work place, or stamped or at a lawyer ? Or it can be a regular paper just signed by the parent ?
Hi, Thanks a lot for this very informative video. I have a question about the legal documents. Do I need both a gift deed and an affidavit? Since both prove that money has been given without anything in return. The affidavit may specify that the money has been gifted. Thanks for you reply.
@Dream Abroad.. Your videos are very helpful. Thanks alot. I have a question. If the funds are coming from selling a property of my parents then do I need to mention that it was my share of the property or it will be counted as a gift? if yes then is it required to explain where these funds came from the gift giver side? Thank you so much for your help :)
hi bro, you are doing an excellent job by giving us the information.thank you. Do we need to have a transaction through cheque to be mentioned in the gift deed or can we deposit the cash by ourselves.really confused.please help
Thanks a lot for Info and one thing to clarify, if If the applicant having on going loans at the time of application submission which he has taken some time back for some other purposes. How it would impact ?
Hi Sheetanshu - Congrats for you wedding and Best Wishes mate. If you have a min, can you please let me know if Bank letter is required for all banks that I hold account with or just the one where I have kept my settlement fund? The account where my salary comes is in UAE while my funds are in my Indian account.
What if i ask my parents to add me in their joint account. Can i then show this account's statement as POF? Your quick response will be highly appreciated.
Hi Sheetanshu! First at all thank for the video. I'm from Argentina and I want to immigrate to Canada maybe next year and I wonder if you can help me with a question I have. Do you know if I can I use my credit card as proof of funds? or only can use the money on my account?? anyways thank for all! Lucas.
Thanks for your videos! I Have a quick question For a gift deed, does it matter if the money is deposited by a single cheque or many cheques?, which is better? Also, will it be a problem with IT authorities for depositing large sum of money as a gift deed? appreciate your reply!
Thank you bro... Very helpful.. U done a good job by giving examples.. Appreciated!! Could you make a same type video on employee reference required in PR Application?
Hi Shitanshu, This is a very helpful video. Many thanks! I have a query, the PoF letter from the bank highlights the total amount you have in your account. Along with this letter, do I have to attach Six months online statement? The bank letter doesn’t highlight money accumulated in the last six months. Can you help me on this please? Immensely grateful to you :)
Hi, yes you should attach the bank statement letter as well and not only an online statement, that statement should have bank stamps on all its pages. Bank officials are aware of it and do it easily.
Hello Sir, I like your videos on Immigration to Canada alot. I want to ask a question from you. If I come to Canada on Study permit and by the time I am studying I get my ITA. Can I show my GIC as part of my proof of funds?
What if I get a personal loan and deposit that money into my father's account and then make a gift deed showing my father gifted that money to me. Will that work?
Hi Sir, your video really helped to clear most of my doubts. Could u pls help me with one concern? My sister is applying for Canadian PR and she is short of 4L. Will it be fine if I take loan and credit the loan money to her account through gift deed? Do we need to show bank statements of the donor of gift deed? If yes, then will it have any negative impact?
Thank you very much for informative videos you make. What if I have a car and planning to sell that to make up for the balance I need. This will result a sudden flow in my bank statement. What documents should I submit?
Hello sir 1. I am a Govt employee and I have around 6L in my PF account and around 5.5 L in my savings account. Will it be enough to show as a proof of funds ? 2. However I will be able to access my PF amount only after resignation, which I cannot do before getting my visa. 3. I have an on going Home loan, so will it have any effect during my immigration process ?
Hi, Do we really need a separate Gift Deed Letter? Won't an affidavit and LOE, along with a bank statement of both Donor & receiver on official bank letterhead (3 main documents) and aadhar & PAN card of both parties (as additional supporting documents) suffice?
Video is really helpful bhai, but din understand in the Gift Card thing clearly - 1. If the person is your relative and not your father, Will that be a doubt point for them.? 2. Do we need to attach bank statement of person who has given the money to you via gift thing ? 3. If we are showing the money via gift card route, does that also need to be in your account for last 6 months ? or can that be show gifted within a month or so ? . Please help will be thankful. Regards
It should not be an issue as far as you have given all those details and letters as suggested in the video. Also you can get the money transferred to your account anytime but try to have it as early as possible before visa submission.
Hi Sir , Thanks a ton for your video .It has lot of valuble information and cannot be found any where . I would Like to include you the link of pdf/word document of POF format in the description by hiding all personal information . I have a doubt - For POF we need to show ( 13500 CAD ) in our account for 6 months . Is it mandatory to keep 6 months and also If I have 5000 CAD in my account as savings , Can I show Remaing 7000 CAD as Gift deed or Loan? Will it Work out . I need some clarity on this and I am eagerly waiting for your Response
One more doubt sir , 6 months balance means , Suppose if I add 2 lakhs today and Remaining 3 lakhs next month and after few days remaining amount and Show it as POF ? Will it be Ok ? For Example Similar example 49,000 today and after some days again 40,000 in multiles to reach 6 lakhs by providing gaps in between , Then will it be fine for POF ?
I have a question about POF which I'm sure others might have too : Suppose I have 2 bank accounts and I'm using Acc1 which is salary account that I'm using for POF and Acc2 is a home loan account with a different bank, do I need to declare about Acc2 and my home loan as well ? Should I get a letter about home loan from bank 2 ? As you know home loan is a huge amount 40lakhs, will it create any problem if i show that I have such a huge loan to pay ?
The Bank letter example you provided, doesnt have average balance of last 6 months, nor does it highlight credits/debts. I have provided similar HDFC letter that you showed in video, but it doesnt have average balance nor debts details. Please help to answer.
Hi Sir, first of all a big thumbs up to your channel for showing crystal clear way of for immigration in an enough explanatory manner. Thanks a lot! I wanted to know if I can get the money from my cousin who’s living in USA? He’ll be transferring money as a gift deed to me from there. So, is there any specific process to be followed for that?
So, Do I need to show his US bank details and PAN card or some similar documents of US? Also if he transfers money to me, would I have to give Tax to the government?
Hi Sheetanshu, I have CRS for 472 and im planning to initiate my Express entry application ASAP. 1.) I'm planning to take funds from my aunt as a gift deed. But i have a bank loan, which i am paying from my salary. Will this affect my eligibility for proof of funds?? I have two bank accounts. So I can show POF in the account in which I dont have any liability. So is it fine if I declare only 1 bank account, or should i declare all my accounts.?? If my personal loan would affect my eligibility, please advice the work-arounds.
Hello Sir, You are providing very useful info on immigration. Good job!! I have a question on this topic. In case we are non-resident and have funds in Indian account. Do we need to present other country accounts/loans and credit card information in the letter or just indian account which has funds is sufficient? Even if we are applying outside of India. I hope my question is valid and will get a response. Thanks again for your efforts and information!!
You can show your funds in yor Indian NRO account, they just need to ensure that you have enough money to settle in Canada. If in case they want to know any other information, they will get back to you.
Dream Abroad, you are doing a wonderful help. The video clarified lot of questions. I have one question. My husband transferred 3 lakhs 2 months back. He will be transferring 3 lakhs next week. Can I get a gift deed from him for the total 6 lakhs? I don't want keep the amount in his account and submit his statement as it's borrowed amount. I got ITA and we are applying together.
I have a photo of the cheque (not a scanned copy) would that be a problem if I upload that or I don't upload at all. also do I need an FD receipt along with these documents? please let me know. Thanks
Hi brother, your video is really helpful. However, I wanted to ask you a question. So, I am the primary applicant and my wife is the secondary applicant. Shall I show all the funds in my account? I checked that I can provided i also show a NOC but on another portal I read that the Canadian govt. might doubt the relation if it will last in future or not so it's better to show as gift deed. So my question is shall I transfer the funds from my spouse account to my account and get a gift deed signed and make the funds in my account as a FD. I am already showing a gift deed from my father account and again will make a new fd od those funds. So in short my question is shall i show my wife account and get a noc or show a gift deed and transfer the money in my account and shiw as FD? Also if i am getting a gift deed signed by my father and getting tje same funds in FD is that fine as well? Looking forward for your suggestions. Thank you
Bro...in case of gift deed , is it necesaary to maintain the transferred funds for the 6 month nd then we can apply or we can sumit profile instantly after receiving funds from.parents as a gift.
Hi Sudhanshu (hope i got your name right?) If i am the main applicant and my wife is the co-applicant, i can show funds in her account, as you mentioned in the video. She will accompany me to Canada. I want to know how can i show/ prove that I have access to this money? Thanks, Sagar.
Who would be the competent Authority to issue Gift Deed? Is there any role of CA or a lawyer? Can I get it printed on stamp paper and notarized it..that's it or there is something more involve in getting gift deed done. Please clear it as I'm not able to get it done.
I have created my EE profile but still not arranged proof of fund in my bank account. Even I have not done gift deed. On which time fund should be in my ac or gift deed should be registered? For Expression of interest should we have to show proof of fund or can we arrange after getting ITA?
Hey Sheetanshu... Just wanted to know if I received the gift in two payments via cheque will disclosure in a single gift deed and single affidavit suffice or do I have to make two?
Hi, does gift deed and affidavit is compulsory for all PNP and upcoming RNIPP program , if we get the required amount in one go..from our parents/relatives/friends? Please let me know Thanks.
Thank you so much for valuable information. I wanted to confirm again on below. Could you please help? Can we show EPF balance as proof of funds or do we need to withdraw amount? If we have money transferred as gift, do we need to show six months statement with the balance? Or money can be transferred couple of months before and not necessarily be 6 months.
I liquidated my mutual fund and stock market investments. What is the best way to prove that its my money? Also, I have 3 different bank accounts, so I guess I'll will have to get separate letters from all the 3 banks.
Your example format certificate doesnt have 6 months average balance mentioned only closing balance mentioned ? Also as on what date ITA date or eAPR date or few days before eAPR date ? Thanks
I have a joint account with my mother and she is the primary account holder and I am the secondary account holder. That account has some "X" amount of money. Can I show that as POF or gift deed is required?
Please confirm if husband gives cheque of some value to wife(primary applicant) is it acceptable. And do we need a gift deed to justify the transfer made?
Suppose , I have sold a property recently. Huge amount was transfered by buyer. I will show the proof of that to an immigration officer. Will that be a problem??
Thanks a lot sir, I hv seen a lot of videos on u tube regarding immigration but so far I didn't find one such video which is so much clear, precise , simple and understandable.. I watch all ur videos because we r striving for immigration to Canada. Earlier I tried getting all the possible information from so many other u tube channels but, anyhow, I was not contented, I always wanted to have a second openion to confirm the facts given. Like here u hv shown each n every document required including the deed letter , affidavit etc. Also I never had such a clear understanding of this immigration process through other u tube tutorials. I must say u r doing a great great job. I hv no words of thanks for making things so clear n understandable for a layman .
Thanks a lot for your kind words :)
I m struggling too to go there....but everytime rejected, but learnt a lot now...
@@DreamAbroad1 please guide me I have required amount but it is deposit in bank can I show it for prove of fund?
You are doing good job. Many consultant firm take many many amount of money and they are also fraud. I think u deserve to a great fund. But you are doing this free. You have a great heart. Thank you so much for making success immigrate video. Bye.
Thansk a lot for your kind words :)
Dream Abroad I want to ask you something if u don't mind. First of all I would like to say sorry plz don't mind. I want to talk with u its very urgent. Can u give me ur number or email or fb I'd anything else. Of course I will give u money for that. Take it normal don't mind. U r making it free its very good. But I need some information that's why I want to talk with u personally if u don't mind OK. Sorry again. If u have free time then I want to hire you for consult me first to last stage. Don't mind bro. U r making free videos and its very helpful for all peoples. I want to some guidelines from u that's why I want to pay u. Sorry bro.
Absolutely .. you are doing a great job my friend . God Bless you .
Comeon buddy you don't need to say sorry for anything. I want to help you but cannot provide the contact details even for money as I am not into paid consulting. Please comment in any of the videos or in my channel's community discussion, I would be more than happy to help.
This video is in a very layman's term where a person who has got no clue can understand the concept. Hats off!!
It was so much explanatory and helpful. Thanks a lot man.
You're doing a phenomenal job my friend. You're videos are pretty clear and concise. I have a couple of questions.
#1 Is it mandatory that I should maintain the funds in my account at the time of ITA profile creation or I need to worry about it only after getting the invite?
#2 Also I need to know if I can get gift deeds from non-relatives just at the time of document submission (the fund will not be in my account for the last six months)
I appreciate your time
Hi Shitanshu,
I loved your video. It's very detailed and descriptive. I've been following the channel for almost a year now and wish to understand what you meant by visa submission in this video. Is it referring to application or stamping?
Also let me know what are the paradigms when you are getting the money as gift deed. How long ago should the gift deed be signed? How many months shall the amount be in the account?
Dream abroad videos are really helpful for Canada immigration. The information provided in the videos is crystal clear. It would be more helpful for us if you share a link of those letter formats and gift deed formats in Google docs or Google drive.
Thanks for sharing such important information, it covered my all queries. bt still i have one question that how old money/funds should have in my account at time of applying visa
Thanks! Very useful. What if I get money transferred to my account gradually from my friends and family? Will I still need the gift deed? I mean how would the Canadian officers know?
Thank you so much for such an informative video, many consultancies take a huge amount to give away such info, sometimes even for basic info but you give a lot of information with no cost. You are really doing a great job.
This video helped me in understanding "gift deed" better. I have a question regarding proof of funds, do we need this money to be in our account before we create our profile for ITA? I'm in profile creation stage and i don't have enough funds so I don't know if i have to go ahead.
Really helpful!
Please guide me on the following queries:
1. I have 4 savings accounts in 4 banks. Bank A holds the money for immigration, Bank B has minimum balance and attached to education loan, Bank C and D have minimum balance only.
Which all banks I need to approach for bank letter? Bank A only or Bank A and B or All banks?
Please revert. Thanks!
Thank you very much for making such video. These videos are really help full and you have made things easy. Awesome Work.
Hello.
Just a few quick questions.
1. You mention showing proof of funds at the time of Visa Submission. Does this mean pre-ITA or post-ITA? I know there can be a significant time involved between them so some clarity would be appreciated.
2. I currently have 2 loans (car + personal). I plan to return back my personal loan and transfer the car loan to my parents' account. In addition, I was planning on transferring some amount from my parents account to my own to provide a sufficient amount. How much time would be required to show this amount as a deposit? Appreciate your help and support.
Thanks
Ur channel is awsome, consices usefull, to the point, very clear and easy to understand.. thank you so much 💗🙏💎
very impressive videos after which i have learned too much information. thanks a lot sir .......
You are doing a very good job my friend. It looks like you made these videos for your compatriots but you will be amassed to know it benefits others globally. Please I need one big favor from you. It is possible to have these docs you mention here in format where we can see it very well, such as word or PDF. Personally I am finding it difficult to read them. Thanks and continue with the good work...
Hi, you are really doing a great job. You have given the best information required especially who wants to migrate to Canada. I just want to know that my WES evaluation is cleared and I have scored IELTS CLB 7 (S-6, R-7, W-7, L-7) But, I am 39 yrs old. By March 2019 I will turn 40. Is it advisable to still try for Canadian PR.
kindly provide link all the formats in word format, it will be more helpful so that we won't make any mistake, and thanks a ton for providing all details.
Thank you so much for providing such valuable information!! You videos have and continue to be of tremendous help!
Have a request, could you please share the word document of the gift deed, affidavit and letter of explanation formats? Thanks in advance
hi.. first of all ur videos r such a gr8 help in appplying for PR !! hats off..! jus a small query.. does the gift deed letter and gift affidavit need to be attested by a notary public ? kindly help me out !
Thanks for valuble informations, Pls tell me , I’m going to apply PR with my spouse and baby. Can I show my spouse Gift Deed as Proof of Funds?
Thank you so much bro. I appreciate your guidance and support. I m planning to immigrate to Canada after 1year but preparing myself to collect that amount.
Hello Bro, thank you so much for uploading these videos they are v helpful. Plz make a video on Wat to do once we arrive in Canada ??
This video us so helpful. I can now actually make a list of documents and keep it ready for myself. Thanks
I have a question though. My husband is not a primary applicant I am. Can I take a gift deed from father in law?
Hey! You are doing a great job your videos are very helpful. I want to know if you need to show funds in a block account or showing it in your normal bank account with your respective bank would do?
Thanks Sir really really big help you are doing by making the informative videos . Please make more like these. God bless you abundantly 🙏
Beautiful Video, Great Job Sir. I had a question though. So the total proof of funds needed to be shown are CAD 12475. Is there a particular limit up to which a parent can provide a monetary gift to me or Is it that the gift shouldn't exceed a particular limit? Would it look good to the immigration officer if my parent gifted me around CAD 10000 - 11000 ?
This video was quite informative. Thanks and God bless you
Thank you so much brother. I would like to know what is this "Letter" that you have mentioned besides Gift deed on an affidavit and LOE.
Hey, that's quite informative. Thank you. However, I have a query i.e. In case I have a house on my name worth INR 80 lakh and I take a loan against property or maybe an overdraft limit. Can this be used to prove the funds?
Hi Sheethanshu,
You are doing an awesome job with your videos covering all aspects of immigration process.
Regarding funds I just want to clarify, my wife will sell her gold jewelry to raise fund. We can show the proof of source since we will get the bill from the vendor. Is that enough and does that money also needs to be kept in my account for 6 months??
When to show the proof of fund? While filling the PR application or during VISA approval?
What a wonderful video. I got one query sir. For the gift deed, should we make it on a stamp paper or just plain A4 paper? Does making it on a stamp paper makes it any different? @Dream abroad
Thank you for the information.
One quick question: My wife is primary applicant of EE profile and I've transferred around INR 4L to my wife's account from my savings account one month before ITA. I'm a dependent applicant and was wondering would this transaction cause any issue? Do I need a LOE for this ?
This is similar to my case , did you have any troubles with this process.
Hey, great video on the content covered. I have a question - if my savings account is in a private bank and my funds are all in post office savings FDs. The post office is refusing to provide me the bank letter in the prescribed format. What do you suggest I should do ?
Should I rather go for a gift deed from my father ?
@Dream Abroad Thanks for clarifying the concept of gift deed and loan from bank for POF.. Can you please tell me about a scenario where first applicant will be receiving the money through gift deed and second applicant is having a running car loan and and an overdraft which is secured by provident fund value more than the overdraft.
Does the gifted letter has to be an official document of some sort ? Like a headed letter from a work place, or stamped or at a lawyer ? Or it can be a regular paper just signed by the parent ?
Hi, Thanks a lot for this very informative video. I have a question about the legal documents. Do I need both a gift deed and an affidavit? Since both prove that money has been given without anything in return. The affidavit may specify that the money has been gifted. Thanks for you reply.
@Dream Abroad.. Your videos are very helpful. Thanks alot. I have a question.
If the funds are coming from selling a property of my parents then do I need to mention that it was my share of the property or it will be counted as a gift? if yes then is it required to explain where these funds came from the gift giver side? Thank you so much for your help :)
Awesome. Thank you so much, solved my query related to the bank loan.
Hey thanks for great information..I just wanted to know that gift deed is still valid in 2019 & father-in- law can gift money to daughter-in-law..
hi bro, you are doing an excellent job by giving us the information.thank you. Do we need to have a transaction through cheque to be mentioned in the gift deed or can we deposit the cash by ourselves.really confused.please help
You do great job brother! Keep it up🙏
Sir explanation is very good and clear.Thank you.
Thanks a lot for Info and one thing to clarify, if
If the applicant having on going loans at the time of application submission which he has taken some time back for some other purposes.
How it would impact ?
Thank you man for making this video. I appreciate it
Hi Sheetanshu - Congrats for you wedding and Best Wishes mate. If you have a min, can you please let me know if Bank letter is required for all banks that I hold account with or just the one where I have kept my settlement fund? The account where my salary comes is in UAE while my funds are in my Indian account.
Thanks for this informative video . Can you please let us know that if the Gift Deed can be made by my own sister ?
What if i ask my parents to add me in their joint account. Can i then show this account's statement as POF? Your quick response will be highly appreciated.
Hi Sheetanshu! First at all thank for the video. I'm from Argentina and I want to immigrate to Canada maybe next year and I wonder if you can help me with a question I have. Do you know if I can I use my credit card as proof of funds? or only can use the money on my account?? anyways thank for all! Lucas.
Thanks for your videos! I Have a quick question
For a gift deed, does it matter if the money is deposited by a single cheque or many cheques?, which is better?
Also, will it be a problem with IT authorities for depositing large sum of money as a gift deed?
appreciate your reply!
Thank you bro... Very helpful.. U done a good job by giving examples.. Appreciated!! Could you make a same type video on employee reference required in PR Application?
Hey, I published that video a few hours ago: th-cam.com/video/CPqchFAdBZQ/w-d-xo.html
Dream Abroad Thank you so much :)
Hi Shitanshu,
This is a very helpful video. Many thanks!
I have a query, the PoF letter from the bank highlights the total amount you have in your account. Along with this letter, do I have to attach Six months online statement?
The bank letter doesn’t highlight money accumulated in the last six months.
Can you help me on this please?
Immensely grateful to you :)
Hi, yes you should attach the bank statement letter as well and not only an online statement, that statement should have bank stamps on all its pages. Bank officials are aware of it and do it easily.
Dream Abroad This really helps! Many thanks 😊
Should we show parents' account statement aswell? And is cheque necessary? What About DD or neft receipt? Please reply sir.
your videos are amazing but the formats I want to know from where you got them and if they r accurate and if I can use them without fear
Thanks for the video. Can the gift deed be from other family members like uncles or friends?
Your videos are so helpful to me. Thank you very much
Hello Sir, I like your videos on Immigration to Canada alot. I want to ask a question from you. If I come to Canada on Study permit and by the time I am studying I get my ITA. Can I show my GIC as part of my proof of funds?
Your videos cover all aspects required. Thank you
What if I get a personal loan and deposit that money into my father's account and then make a gift deed showing my father gifted that money to me. Will that work?
If I take bank loan on one of my bank accounts, and deposit the same money in my another bank account to show as proof of funds, will it work?
any responses? please advice!
Hi Sir, your video really helped to clear most of my doubts. Could u pls help me with one concern? My sister is applying for Canadian PR and she is short of 4L. Will it be fine if I take loan and credit the loan money to her account through gift deed? Do we need to show bank statements of the donor of gift deed? If yes, then will it have any negative impact?
Thank you very much for informative videos you make. What if I have a car and planning to sell that to make up for the balance I need. This will result a sudden flow in my bank statement. What documents should I submit?
Hello sir
1. I am a Govt employee and I have around 6L in my PF account and around 5.5 L in my savings account. Will it be enough to show as a proof of funds ?
2. However I will be able to access my PF amount only after resignation, which I cannot do before getting my visa.
3. I have an on going Home loan, so will it have any effect during my immigration process ?
The amount gifted has to be transferred via cheque or it can be donated via account to account transfer and cash deposits?
Hi,
Do we really need a separate Gift Deed Letter? Won't an affidavit and LOE, along with a bank statement of both Donor & receiver on official bank letterhead (3 main documents) and aadhar & PAN card of both parties (as additional supporting documents) suffice?
Video is really helpful bhai, but din understand in the Gift Card thing clearly - 1. If the person is your relative and not your father, Will that be a doubt point for them.? 2. Do we need to attach bank statement of person who has given the money to you via gift thing ? 3. If we are showing the money via gift card route, does that also need to be in your account for last 6 months ? or can that be show gifted within a month or so ? .
Please help will be thankful.
Regards
It should not be an issue as far as you have given all those details and letters as suggested in the video. Also you can get the money transferred to your account anytime but try to have it as early as possible before visa submission.
should the gift deed (amount) stay in our account for 6 months ? or 3 months ? If the gift deed is a month old, will that work ?
Hi Sir , Thanks a ton for your video .It has lot of valuble information and cannot be found any where . I would Like to include you the link of pdf/word document of POF format in the description by hiding all personal information .
I have a doubt - For POF we need to show ( 13500 CAD ) in our account for 6 months . Is it mandatory to keep 6 months and also If I have 5000 CAD in my account as savings , Can I show Remaing 7000 CAD as Gift deed or Loan? Will it Work out . I need some clarity on this and I am eagerly waiting for your Response
One more doubt sir , 6 months balance means , Suppose if I add 2 lakhs today and Remaining 3 lakhs next month and after few days remaining amount and Show it as POF ? Will it be Ok ?
For Example Similar example 49,000 today and after some days again 40,000 in multiles to reach 6 lakhs by providing gaps in between , Then will it be fine for POF ?
I have a question about POF which I'm sure others might have too : Suppose I have 2 bank accounts and I'm using Acc1 which is salary account that I'm using for POF and Acc2 is a home loan account with a different bank, do I need to declare about Acc2 and my home loan as well ? Should I get a letter about home loan from bank 2 ?
As you know home loan is a huge amount 40lakhs, will it create any problem if i show that I have such a huge loan to pay ?
Thanks a lot sir. One thing I 'd love to know, is there any age criteria for opting for Canada PR. Regards
They don’t award points over 45 years of age
Hello sir,hav one query.
What if account is not older than six months?Can we show statement of 5 months or less than 6 months?
Hi great info brother.
Apart i just wanted to ask you if someone has a bank loan what would you suggest in that case!
Hey can the gift deed be from another family member? Like uncle, or aunt? Or should it always be from a parent?
The Bank letter example you provided, doesnt have average balance of last 6 months, nor does it highlight credits/debts.
I have provided similar HDFC letter that you showed in video, but it doesnt have average balance nor debts details. Please help to answer.
Hi Sir, first of all a big thumbs up to your channel for showing crystal clear way of for immigration in an enough explanatory manner. Thanks a lot!
I wanted to know if I can get the money from my cousin who’s living in USA? He’ll be transferring money as a gift deed to me from there. So, is there any specific process to be followed for that?
Thanks buddy. The process should be the same as described in the video.
So, Do I need to show his US bank details and PAN card or some similar documents of US? Also if he transfers money to me, would I have to give Tax to the government?
Hi,
Can we obtain gift deed after profile creation? Or is it rather safer to get it before profile creation? Please advise.
Thanks
Hi Sheetanshu,
I have CRS for 472 and im planning to initiate my Express entry application ASAP.
1.) I'm planning to take funds from my aunt as a gift deed.
But i have a bank loan, which i am paying from my salary. Will this affect my eligibility for proof of funds??
I have two bank accounts. So I can show POF in the account in which I dont have any liability. So is it fine if I declare only 1 bank account, or should i declare all my accounts.??
If my personal loan would affect my eligibility, please advice the work-arounds.
Thank you for making such an amazing and informative video. I have a question, can we show our parents FD as proof of funding.
No as it is on their name.
Hello Sir,
You are providing very useful info on immigration. Good job!!
I have a question on this topic.
In case we are non-resident and have funds in Indian account. Do we need to present other country accounts/loans and credit card information in the letter or just indian account which has funds is sufficient? Even if we are applying outside of India.
I hope my question is valid and will get a response.
Thanks again for your efforts and information!!
You can show your funds in yor Indian NRO account, they just need to ensure that you have enough money to settle in Canada. If in case they want to know any other information, they will get back to you.
Dream Abroad, you are doing a wonderful help. The video clarified lot of questions. I have one question. My husband transferred 3 lakhs 2 months back. He will be transferring 3 lakhs next week. Can I get a gift deed from him for the total 6 lakhs? I don't want keep the amount in his account and submit his statement as it's borrowed amount. I got ITA and we are applying together.
Yeah you can do that in a similar way that I have explained in the video as you both are applying, it should not be a problem.
Dream Abroad That's great. Thanks a lot for your immediate response.
I have a photo of the cheque (not a scanned copy) would that be a problem if I upload that or I don't upload at all. also do I need an FD receipt along with these documents? please let me know.
Thanks
Hi brother, your video is really helpful. However, I wanted to ask you a question.
So, I am the primary applicant and my wife is the secondary applicant.
Shall I show all the funds in my account? I checked that I can provided i also show a NOC but on another portal I read that the Canadian govt. might doubt the relation if it will last in future or not so it's better to show as gift deed.
So my question is shall I transfer the funds from my spouse account to my account and get a gift deed signed and make the funds in my account as a FD.
I am already showing a gift deed from my father account and again will make a new fd od those funds.
So in short my question is shall i show my wife account and get a noc or show a gift deed and transfer the money in my account and shiw as FD? Also if i am getting a gift deed signed by my father and getting tje same funds in FD is that fine as well?
Looking forward for your suggestions.
Thank you
Thanks for your information. How about my bank account is only 3 months old only. Is that will acceptable even if I have gift deed from my father??
Bro...in case of gift deed
, is it necesaary to maintain the transferred funds for the 6 month nd then we can apply or we can sumit profile instantly after receiving funds from.parents as a gift.
I have the same question brother
Hi Sudhanshu (hope i got your name right?)
If i am the main applicant and my wife is the co-applicant, i can show funds in her account, as you mentioned in the video.
She will accompany me to Canada.
I want to know how can i show/ prove that I have access to this money?
Thanks, Sagar.
Who would be the competent Authority to issue Gift Deed? Is there any role of CA or a lawyer? Can I get it printed on stamp paper and notarized it..that's it or there is something more involve in getting gift deed done. Please clear it as I'm not able to get it done.
I have created my EE profile but still not arranged proof of fund in my bank account. Even I have not done gift deed. On which time fund should be in my ac or gift deed should be registered? For Expression of interest should we have to show proof of fund or can we arrange after getting ITA?
Sir for europe also same things are applied??? Means for not having enough funds I can take loan from bank and then this procedure?.....
Hey Sheetanshu... Just wanted to know if I received the gift in two payments via cheque will disclosure in a single gift deed and single affidavit suffice or do I have to make two?
Hi, does gift deed and affidavit is compulsory for all PNP and upcoming RNIPP program , if we get the required amount in one go..from our parents/relatives/friends?
Please let me know
Thanks.
Thank you so much for valuable information. I wanted to confirm again on below. Could you please help?
Can we show EPF balance as proof of funds or do we need to withdraw amount?
If we have money transferred as gift, do we need to show six months statement with the balance? Or money can be transferred couple of months before and not necessarily be 6 months.
We need not withdraw EPF balance. In case of gift deed, it can be transferred a few months before.
Dream Abroad thank you for replying back :)
I liquidated my mutual fund and stock market investments. What is the best way to prove that its my money? Also, I have 3 different bank accounts, so I guess I'll will have to get separate letters from all the 3 banks.
Your example format certificate doesnt have 6 months average balance mentioned only closing balance mentioned ? Also as on what date ITA date or eAPR date or few days before eAPR date ? Thanks
Hi Shethanshu, Thank you for the video, one quick question, do we need to notarise the affidavit and gift deed?
Affidavit is always notarised. no need to notarise gift deed.
Thank you!
I have a joint account with my mother and she is the primary account holder and I am the secondary account holder. That account has some "X" amount of money. Can I show that as POF or gift deed is required?
Please confirm if husband gives cheque of some value to wife(primary applicant) is it acceptable. And do we need a gift deed to justify the transfer made?
Hi, my uncle he is a citizen in Canada so can I show his account balance for poof of fund as his gift deed of his account in CAD$?
Suppose , I have sold a property recently. Huge amount was transfered by buyer. I will show the proof of that to an immigration officer. Will that be a problem??
Actually , we need to show this proof of funds,
after getting ITA , not at the time of Creating EE Profile ?. Am I Right ?