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12 Jul 2021
Canada updated amount of funds under Express Entry

Canada Updated Amount of Funds Under Express Entry

Author Blog Writer Categories Express Entry 20,968 Comments on Canada Updated Amount of Funds Under Express Entry

Aspiring migrators seeking Canadian Permanent Residence under the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP), Canada will need to update the amount of funds required under Express Entry. Candidates having a valid job offer in Canada are exempt from the updated requirement.

To immigrate to Canada, the following amount of funds is needed as per the new update:

Family MembersFunds required (CAD)
1$13,213
2$16,449
3$20,222
4$24,553
5$27,847
6$31,407
7$34,967
Each additional family member$3,560

All candidates having less funds than the required amount have to update their funds in the Express Entry profile before July 15, 2021, and updating the amount of funds will not affect the processing time.

FSWP and FSTP candidates have not been considered yet the Express Entry in 2021, and due to pandemic, candidates under Canadian Experience Class (CEC) and Provincial Nominee Program (PNP) are being considered.

IRCC was supposed to announce new proof of funds in January 2021 but the update has been provided in July 2021. As the situation is getting better now, IRCC has come up with the update finally.

Candidates who receive an Invitation to Apply (ITA) for permanent residence need to prove in written that they have adequate funds to settle in Canada. The written proof includes an official letter official letters from the bank or financial institution.

The certificate or document provided must be printed on the letterhead of the financial institute in which address, phone number, and email is given. It must include name of the candidate and information regarding outstanding debts. It must also state the current balance, average balance for last 6 months, account information, and account opening date.

The funds mentioned must be readily available at the time of application and when permanent residency visa is issued by IRCC. Funds cannot be borrowed from another person neither they can be in the form of equity. There are various other requirements that are needed to be fulfilled and the right guidance by expert professionals can make the whole immigration process smooth. To apply for one of the programs leading to Canadian Permanent Residency, contact Options Abroad.

02 Jun 2021
Score 300; Lowest CRS in 12 months under Alberta PNP

Score 300; Lowest CRS in 12 months under Alberta PNP

Author admin Categories PNP 22,724 Comments on Score 300; Lowest CRS in 12 months under Alberta PNP

Alberta, under its PNP, invited 250 candidates scoring 300 in the Express Entry Pool on May 5, 2021. Although it was not the largest draw, the score was the lowest in 12 months.

When receiving a nomination from one of the Provinces, aspiring migrators who have submitted their Express Entry Pool profiles are awarded 600 additional points. A nomination that adds 600 points under PNP ensures that the nominated candidate will be receiving an Invitation to Apply (ITA) for Canadian permanent residence in the succeeding express entry draw.

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26 Apr 2021
Third largest PNP draw of 2021 held by British Columbia

Third largest PNP draw of 2021 held by British Columbia

Author admin Categories Express Entry 50 Comments on Third largest PNP draw of 2021 held by British Columbia

Until now, B.C. has held 23 draws through PNP, and a total of 3,441 invitations are issued in 2021. 452 candidates were invited in four PNP draws held by British Columbia on April 13, 2021.

Invitations issued were from the following streams:

  • Skilled Worker
  • International Graduate as well as Entry Level
  • Semi-Skilled sub-categories of Skills Immigration and Express Entry BC

In the largest draw, 420 immigration candidates were invited, wherein minimum scores ranged between 79 and 95 points. A separate draw was conducted in 2021 for NOC 0621and NOC 0631, where 21 ITAs were issued to aspiring immigrants having at least 113 scores. B.C also issued 11 invitations through the Entrepreneur Immigration stream.

About the BC PNP

The BC PNP is separated into two immigration streams which are further divided into sub-categories:

  • Skills Immigration
  • Express Entry

Skills Immigration

Aspiring migrators must register an account under B.C.’s Skills Immigration Registration System (SIRS). After registering, candidates are given a score based on factors such as educational qualifications, professional experience, and language abilities. Candidates with maximum scores are then invited for PNP through B.C.’s regular draws.

After receiving the ITA, 30 days are given to submit a complete application through the online system, after which, within two to three months, a decision from the province is received. A successful nomination allows candidates to apply for P.R. through IRCC under Provincial Nominee Class, and this nomination is valid for six months.

Express Entry (B.C.)

The EEBC stream is linked to the federal Express Entry system. Candidates are assessed on various factors like education, work experience, language ability, age, etc. Express Entry is an online application system that allows aspiring skilled migrators to submit their profiles under three federal immigration programs;

  • Federal Skilled Workers Program (FSWP)
  • Federal Skilled Trades Program (FSTP)
  • Canadian Experience Class (CEC)

When receiving a nomination from one of the Provinces, aspiring migrators who have submitted their Express Entry Pool profiles are awarded 600 additional points. A nomination that adds 600 points under PNP ensures that the nominated candidate will be receiving Invitation to Apply (ITA) for Canadian permanent residence in the succeeding express entry draw.

PNPs are all operative throughout the COVID pandemic. The Canadian government is focused on inviting 80,000 candidates through the PNPs. With the right guidance, aspiring migrators can achieve their goal of settling in Canada in one of their favorite provinces.

02 Mar 2021
Express Entry knowhow

Express Entry knowhow

Author admin Categories Express Entry 22,073 Comments on Express Entry knowhow

The electronic system that helps manage the applications of skilled aspiring permanent residents to Canada is called Express Entry.

As the ambitious applicant fills the online profile, the federal Government examines if the applicant fulfills the requirements to be managed by Express Entry. The applicants that satisfy the eligibility criteria are accepted into the Express Entry pool. Further,they are rankedaccording to CRS (Comprehensive Ranking System), a points-based system that the Canadian Government uses to evaluate the applicants in the express entry pool.

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