Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are assets/personal net worth determining factors in the selection process?

0
Posted

Are assets/personal net worth determining factors in the selection process?

0

Under the skilled worker class, personal net worth is not a selection criterion of assessment. However, assets can impact positively upon an applicant’s assessment under the positive discretion provisions of the regulations. Applicants generally must provide evidence of sufficient funds for the family to travel and settle in Canada as measured against the current annual Low Income Cut-Off (LICO) published by Statistics Canada. A sum of approximately $20,000 would satisfy the requirements for a family comprising of the applicant, spouse and two children. Such evidence may be furnished immediately prior to visa issuance. Exempt from this financial requirement would be applicants who have received an approved job offer in Canada. Applicants who are interested in canvassing the labour market may wish to review our employment placement services http://www.immigration.ca/jobs-programs.asp, for further information.

0

Under the skilled worker class, personal net worth is not a selection criterion of assessment. However, assets can impact positively upon an applicant’s assessment under the positive discretion provisions of the regulations. Applicants generally must provide evidence of sufficient funds for the family to travel and settle in Canada as measured against the current annual Low Income Cut-Off (LICO) published by Statistics Canada. A sum of $14,280 would satisfy LICO requirements for a family comprising of the applicant, spouse and one child. Such evidence may be furnished immediately prior to visa issuance. Exempt from this financial requirement would be applicants who have received an approved job offer in Canada. Applicants who are interested in canvassing the labour market may wish to review our employment placement services http://www.immigration.ca/jobs-programs.asp, for further information.

0

Under the skilled worker class, personal net worth is not a selection criterion of assessment. However, assets can impact positively upon an applicant’s assessment under the positive discretion provisions of the regulations. Applicants generally must provide evidence of sufficient funds for the family to travel and settle in Canada as measured against the current annual Low Income Cut-Off (LICO) published by Statistics Canada. A sum of approximately $20,000 would satisfy the requirements for a family comprising of the applicant, spouse and two children. Such evidence may be furnished immediately prior to visa issuance. Exempt from this financial requirement would be applicants who have received an approved job offer in Canada.

0

Under the skilled worker class, personal net worth is not a selection criterion of assessment. However, assets can impact positively upon an applicant’s assessment under the positive discretion provisions of the regulations. Applicants generally must provide evidence of sufficient funds for the family to travel and settle in Canada as measured against the current annual Low Income Cut-Off (LICO) published by Statistics Canada. A sum of $14,280 would satisfy LICO requirements for a family comprising of the applicant, spouse and one child. Such evidence may be furnished immediately prior to visa issuance. Exempt from this financial requirement would be applicants who have received an approved job offer in Canada.

0

Under the skilled worker class, personal net worth is not a selection criterion of assessment. However, assets can impact positively upon an applicant’s assessment under the positive discretion provisions of the regulations.Applicants generally must provide evidence of sufficient funds for the family to travel and settle in Canada as measured against the current annual Low Income Cut-Off (LICO) published by Statistics Canada. A sum of $14,280 would satisfy LICO requirements for a family comprising of the applicant, spouse and one child. Such evidence may be furnished immediately prior to visa issuance.Exempt from this financial requirement would be applicants who have received an approved job offer in Canada.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123