There is no specific amount of money you need in your bank account to apply for a Canadian visa. However, you must prove that you have enough funds to support yourself and your dependents while in Canada. This is called a proof of funds.
How Much Proof of Funds Do I Need?
The amount of proof of funds you need will depend on the type of visa you are applying for and your individual circumstances.
- Temporary Resident Visa: This visa allows you to visit Canada for tourism, business, or other temporary purposes. You will need to show enough money to cover your expenses for the duration of your stay.
- Study Permit: If you are applying for a study permit, you will need to show enough money to cover your tuition fees, living expenses, and other costs.
- Work Permit: If you are applying for a work permit, you will need to show enough money to cover your living expenses and other costs.
- Permanent Residence: If you are applying for permanent residence, you will need to show enough money to support yourself and your dependents in Canada.
How to Prove Your Funds
You can prove your funds by providing bank statements, pay slips, or other documentation that shows your financial situation. The documentation must be in English or French.
- Bank Statements: Your bank statements should show the balance of your accounts for the past three to six months.
- Pay Slips: Your pay slips should show your income for the past three to six months.
- Other Documentation: You may also need to provide other documentation to prove your financial situation, such as tax returns, investment statements, or letters of support.
Example
For example, if you are applying for a temporary resident visa to visit Canada for one month, you might need to show proof of funds of $10,000 CAD. This amount would cover your accommodation, food, transportation, and other expenses.
Where to Find More Information
For more information on the proof of funds requirements for specific visa categories, please visit the Immigration, Refugee and Citizenship Canada (IRCC) website: https://www.canada.ca/en/immigration-refugees-citizenship.html
