Are assets/personal net worth a selection criteria?
Ans:- Under the Independent category, personal net worth is not a selection criterion under which an applicant is assessed. However, all applicants must provide evidence of sufficient funds for the family to travel and settle in Canada. Generally, a sum of CAN $ 10,000 for the principal applicant and CAN $ 2000 additional for every accompanying dependent is required. Under the Business Class, the asset profile is a regulatory criterion under the Investor category. For entrepreneurs, although the Regulations do not provide for a specified personal net worth, this criterion is taken into consideration by visa officers when evaluating an applicant’s intention and abilities.
