Immigration, Refugees and Citizenship Canada Citizenship (IRCC) has made the announcement regarding certain update in the Proof of funds requirement for eligibility to Express Entry Federal Skilled Trades and Federal Skilled Workers categories. The update is changed amount of funds required under Proof of Funds to $12,475 (Canadian Dollar) for a single member family and $ 15531 (Canadian Dollar) for two members family.
Changes Introduced under Proof of Funds Requirement:
The table generated below showcases the changes recommended for proof of funds as per the family members for every prospective candidate. As per the new norms following amount of money will be required to be eligible for Canada Immigration under Express Entry Program.
| Number of Family Members | Funds Required (in Canadian dollars) |
|---|---|
| 1 | $12,475 |
| 2 | $15,531 |
| 3 | $19,093 |
| 4 | $23,181 |
| 5 | $26,292 |
| 6 | $29,652 |
| 7 | $33,014 |
| For each additional family member | $3,361 |
