Updated Proof of Income for Express Entry Candidates

A person holding a Canadian flag

Disclaimer: This blog is only intended for educational purposes and shouldn’t be used as a substitute for legal advice.

Canada is widely recognized as a world leader in immigrant rights and integration, and it continues to be one of the leading destinations for immigrants. There are various ways of getting Canadian Immigration, like the Express Entry Program.

However, most people often get confused when understanding the immigration process and rules. For that matter, Nanda & Associate Lawyers has compiled a guide for you to make things easier for you.

Take a look at this guide to understand the changes in proof of income for the express entry visa.

Understanding The Express Entry System

The Express Entry system is the most popular Canadian immigration program. This system uses points to determine which skilled professionals are eligible for permanent residency visas. You must first register online and wait for a request to be approved by the Canadian government. You will be given a formal offer of permanent residence if your application is accepted.

The following are the three categories in Express Entry Program:

  1. Canadian Experience Class is for people who have 3 to 5 years of Canadian work experience.
  2. The Federal Skilled Worker program is for foreign work experience workers.
  3. The Federal Skilled Trades Program is for qualified workers in a special skill trade with a job offer from Canada.

Your profile needs to be accurate, genuine, and accessible to be verified. Moreover, the data you have provided has to be updated and error-free.

Proof of Income for Express Entry Candidates

Some new changes were added to the proof of income for express entry candidates. These changes don’t apply to people who have a job offer from Canada. You’ll need formal documents from any commercial bank or other financial organizations where the funds are kept safe.

The IRCC government website states that letters should include the following things:

  1. It must be printed on the commercial bank’s letterhead.
  2. It must provide contact details for the bank, including the address, phone number and website details.
  3. It should mention your name and job title.
  4. Don’t forget to mention all current bank and financial account information, the day the account was opened, and the amount of your financial savings. You should also list any unpaid loans, like mortgage debts.

Why Is Immigration Consultation Important?

An immigration consultant is a person who is familiar with Canadian immigration statutes, policies and programs. They can help you choose the appropriate immigration, assist in compiling the required paperwork, and guide you throughout the registration process.

In rare cases, they can represent a candidate in front of an immigration officer. It isn’t necessary to hire an immigration counsellor, but doing so can considerably improve your chances of your visa getting approved.

Let Us Help You Navigate Through The Complexities Of Immigration Law

If you need legal assistance with the Canadian immigration process, Nanda & Associate Lawyers is here to help. We provide immigration services to residents of Toronto and the surrounding area. Our team of experienced immigration lawyers can help you with various matters, including spousal visas, work visas and student visas.

Contact the team at Nanda & Associate Lawyers to learn more about our immigration services.

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