ASSETS VERIFICATION & VALUATION AS PROOF OF HOME TIE FOR VISA & IMMIGRATION PURPOSES.

When i first posted a similar write up on this topic sometime last year, many people called to reaffirm if submitting property valuation report along with other required documents for visa application could actually boost ones chance of been granted. I remember telling about five of them to give it a try and alas the results were successful, they all got their visas approved.

Either for visit, study, medical or other temporary visa applications, it is strongly advisable for applicants to provide a current market valuation on his/her property(ties) and/or business properties in order to assist and convince visa officer about his economic/financial status in the home country and also as proof of strong home tie to pull the applicant to return on or before expiration of period granted.

The Property Valuation report could make a visa officer develop mental picture of who the applicant is, it just like what CV is to a recruiter. An employer could have an idea who a job seeker is to decide by reading the applicant C.V to decide if he/she should be considered for the job or not.

A valuation report describe in detail the property/assets owned by the visa applicant and the corresponding value(s) of such a property, home, shop, factory, commercial establishment, agricultural farmlands etc unlike property title document that will not specify the current worth of the property.

Property owned undoubtedly could be a strong proof of the applicant tie to the home country aside the family. This document shows the amount of wealth you own in your homeland which will make a strong pull factor for your return to your homeland once the purpose of your visit is over and that may eliminate one point of visa rejection. Also, it could serve as supporting document to your proof of fund which are usually liquid assets such as bank deposit etc.

It will make lots of senses if you have good financial status as confirmed by your bank statement of account and property or assets valuation report to corroborate your status. Though, there are many who do not submit this document due to ignorance or it doesn't matter mind set but it would be wise to do it by a smart applicant especially if its a non apprearance visa application or the one you first submit your application for assesment prior to physical interview.

Visa valuation is a formal valuation report with current fair market value on your residential properties to support and assists your application with Department of immigration and Citizenship. It is important to prove that your housing assets is valuable as a strong home tie for returning after your study abroad or temporary visit and back up for proof of fund especially Canada Express Entry applicants and schooling.

Normally visa valuation is needed in following cases:
Study Purpose, Tourist Purpose, Immigration Purpose, Visiting Purpose, Export - Import Purpose, Medical Treatment Affordability etc Sometime valuation is required to establish bonafide visit & to establish the affordability of expenses of visit, stay etc. You may reach out for more details.

Akintayo Akinlolu (Valuer).
08032296562