^ Just to clarify, how come it mentions other assets (specifically property) in this document for the CIC Manila office:
"11. SETTLEMENT FUNDS
Refer to the "Proof of Funds" section of our Web site for exact figures and
instructions.
Provide proof of unencumbered and readily transferable funds in a convertible
currency available for settlement in Canada (for you and your family members):
• current bank certification letter; or
• evidence of savings balance; or
• fixed or time deposit statements.
For all bank accounts held in your name, you must submit bank statements which
show your present account balance and records of entries over the past year. For
assets such as a house, apartment, automobile or land owned by you (and/or your
spouse or common-law partner, if applicable) submit proof of ownership and an
official statement of valuation.
PERSONAL NET WORTH STATEMENT
Complete the net worth form at the end of this appendix. All assets and liabilities,
whether located in your country of residence or elsewhere, should be identified.
However, do not include personal items such as jewellery, furniture, etc. All assets
listed must be your own personal holdings and must be documented. The sources
of any funds or assets in your possession for less than one year should be
identified. If you need more space than provided, attach a separate page."
( Link to the file:
http://www.cic.gc.ca/english/pdf/kits/guides/E37025.pdf )
Does this entail that property does count? Has anyone here gotten a PPR/visa even if their cash itself (not counting anything else and not borrowed/loaned cash either) did not meet the minimum funds requirement (but had other assets to "level it out")? If not, has anyone heard of such cases? Thanks again and God bless.
