REAL ESTATE: ACCEPTABLE PROOF OF FUNDS FOR IMMIGRATION.

As part of the permanent resident or study visa application process especially to Canada, one will need to provide to Canada Immigration & Citizenship evidence enough mandatory funds to support oneself and any accompanying family members when landed in Canada. This is because the government of Canada will not provide any financial support for new immigrants and therefore need to be sure the new immigrant will be able to support himself and his family members.

The amount required depends on the family size and can vary from time to time, so you should check out these figures at the point you need them www.cic.gc.ca .

However, at the time of putting in your application you'll need to show that you have at least the required amount for your application to be processed and the money has to belong to you (not borrowed). If the money is given to you by a friend or relation it must be as a gift which you are not expected to pay back with a written evidence.

Now you may be wondering what type of funds you can use and what type of proof is required. Well, there are options which I'll quickly dwell on into details:

SAVINGS: If you have savings which is equivalent or exceed the required amount, then your bank statement (not less than 3months) is a good proof of funds and if your money is split between several banks, you'll need to provide details of each to add up to the required amount or exceed if you have it.

REAL ESTATE: This is what many are not aware of that money in property is probably the most widely used proof of funds. It is a known fact that people sell property owned in their home country before landing in canada or relocating to anywhere else and will use the proceed or equity to establish themselves after relocating.

This is totally acceptable by Canada Immigration & Citizenship and they appreciate the fact that you may not have sold the property at the point You're required to supply the information/proof and has made allowances for that. Therefore, what you need do is to get a firm of certified Valuer that is "skilled" in writting this kind of report (cos some basic information are to be included) to value the property and give opinion of the current market value of same, such valuation report MUST be on the firm letter head, duly stamped, sealed and signed. The immigration body can see how much equity you have on the valuation report.

If the property is on mortgage, you'll need to submit a mortgage statement from your lender showing how much money is owned on the property, then you submit a valuation report along with it to be able to see how much equity available to you on the property. It is assumed that the property would have been sold and the money in your account before landing or relocating finally.

In view of above, you may wish to consult us for engagement in providing you with the property valuation service to meet your immigration purpose or whatsoever. We provide valuation of Land, building, plant and machinery or rental valuation, Insurance valuation etc with our expert team of Certified Estate Surveyors & Valuers with indepth knowledge of valuation, accounts, finance to achieve clients maximum satsfaction with utmost professionalism.

If you any further inquiries or would like to engage our service(s), do not hesitate to call +2348032296562 (direct) or +2348117949689

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