New Proof of Funds Requirements for Express Entry Immigration to Canada

✅Starting May 28, 2024, the Canadian government has introduced updated proof of funds requirements for Express Entry permanent residency applicants. These changes aim to ensure immigrants have the financial resources necessary for successful settlement in Canada. The minimum settlement fund amounts, now based on 50% of Canada's Low-Income Cut-Off (LICO), vary depending on family size. Applicants must update their settlement fund information by May 27, 2024. Exceptions apply to those with valid job offers or under the Canadian Experience Class (CEC). Funds must be readily available and not borrowed. Official bank letters are required for verification. Source: www.mwakilishi.com . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #ExpressEntry #CanadaImmigration #ProofOfFunds #SettlementFunds #IRCC #PermanentResidency #NewRequirements #CEC #FSWP #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration