What is the financial requirement for immigrating to Canada?

Obtaining permanent residency in Canada entails various expenses, necessitating careful planning and budgeting by prospective immigrants. The Canada PR cost comprises several components, encompassing visa fees, application processing charges, and settlement funds required for establishing oneself in Canada.

The overall cost for Canada PR from India typically includes expenditures such as language proficiency test fees, educational credential assessment expenses, and biometric fees. Furthermore, applicants must demonstrate adequate funds to support themselves and their dependents during the initial settlement phase in Canada. It’s essential to recognize that the precise Canada PR cost may fluctuate depending on factors such as family size, chosen immigration program, and individual circumstances. Therefore, prospective immigrants are strongly encouraged to conduct thorough research and consult official sources for accurate and up-to-date information on the total cost for Canada PR from India.

The Canada PR Cost can be divided into two main categories:

  • Costs associated with creating an Express Entry profile in the Federal Express Entry system or any other Canada Permanent Residency Program.
  • Costs incurred after receiving the Invitation to Apply.

It’s worth noting that the Canadian government has revised the immigration fees for all PR (Permanent Residence) Visa applications, including economic, permit holder, family, and humanitarian classes, effective April 30, 2022.

To provide a detailed breakdown, here are the various expenses involved in applying for a Canadian permanent residence visa from India, including Canada PR visa fees and other associated charges:

This breakdown aims to offer prospective immigrants a comprehensive understanding of the financial requirements associated with pursuing permanent residency in Canada from India.

Charges applied for Amount in CAD$ Amount in INR*
Canada PR Fee for Primary Applicant 850 51,483
Right of PR Fee 515 31,192
Spouse or Partner processing fee 850 51,483
Dependent Child (Per child) 230 13,930
IELTS Test fees 15,500
* ECA from WES fees – Approx.-(including  courier charge) 240 14,545
Medical Test 5,500 (vary place to place)
PCC Fees 1000 (vary place to place)

The amounts mentioned in this article are subject to change based on fluctuations in currency exchange rates and updates from relevant authorities. The fees provided here are for informational purposes only and may vary depending on individual circumstances and the specific requirements of different assessing authorities. For the latest and most accurate information regarding fees and charges, it is recommended to consult with a qualified immigration expert or visit the official website of the respective authorities.

Understanding the Total Cost for Canada PR from India

To pursue permanent residency (PR) in Canada from India, it’s essential to comprehend the breakdown of costs involved. Here’s a detailed explanation:

Funds Required for Online Express Entry Profile Creation:
  • IELTS Test Fee: Approximately INR 15,500 is needed for the English proficiency test.
  • Educational Credential Assessment (ECA) Through WES Fee: Around CAD$240, equivalent to roughly INR 14,545.
Funds Required While Submitting Canada PR Visa Application:
  • PR Visa Fee for the Primary Applicant: CAD 850 plus Right of PR fee of CAD 515.
  • Spouse/Common-law Partner or Family Member Fee: CAD 850 plus Right of PR fee of CAD 515.
  • Child (Under 22 Years of Age): CAD 230.
Cost for Obtaining Medical Examination and Police Clearance Certificate (PCC):
  • Medical Exam: Approximately INR 5,500, but actual costs may vary by location.
  • Police Clearance Certificate (PCC): The cost may be around INR 1,000 or more, depending on the issuing authority.
  •                Proof of Having Sufficient Settlement Funds:
  • Additional funds are required to demonstrate financial stability as per Canadian immigration requirements.

It’s crucial to note that the mentioned fees are subject to change without prior notice due to updates from government authorities or changes in currency exchange rates. For the most accurate and up-to-date information regarding fees and charges related to Canada PR, it’s advisable to consult with an immigration expert or visit the official websites of relevant authorities.

What constitutes acceptable proof of settlement funds for Canadian immigration?

To successfully immigrate to Canada, it’s imperative to demonstrate sufficient settlement funds to cover living expenses. This requirement extends to applicants for permanent residency (PR) through Canada’s widely used Express Entry system, particularly for skilled immigrants.

When calculating the total expenses for obtaining Canada PR from India, it’s essential to factor in the settlement fund requirement.

It’s worth noting that the Canadian government has updated the Proof of Funds (POF) requirement for Express Entry candidates as of April 25, 2023. To maintain eligibility, all Express Entry candidates must ensure their settlement fund amounts in their respective profiles meet the revised POF criteria.

Here’s the updated Proof of Funds Requirement Table effective as of April 25, 2023:
 Number of family members Funds required
(in Canadian dollars)
Amount in INR*
1 $13,757 8,26,628
2 $17,127 10,29,124
3 $21,055 12,65,149
4 $25,564 15,36,085
5 $28,994 17,42,187
6 $32,700 19,64,872
7 $36,407 21,87,618
If more than 7 people, for each additional family member $3,706 2,22,685

Ensuring financial stability is a crucial aspect of immigrating to Canada. Prospective applicants are advised to bring sufficient funds to cover daily expenses and accommodation costs comfortably. The Canadian government requires applicants to provide proof of funds to demonstrate their financial capability.

Acceptable forms of proof of funds include:

  • Cash
  • Documents indicating ownership of property or capital, such as stocks, bonds, debentures, and treasury bills
  • Documents guaranteeing payment of a specific amount, such as banker’s drafts, cheques, travellers’ cheques, and money orders

Additionally, applicants applying through Canada’s provincial nominee programs must adhere to their specific proof of funds requirements.

It’s important to note that the charges associated with immigration to Canada are subject to periodic updates by the Canadian government and other relevant entities. To receive the latest information on Canada immigration charges, individuals are encouraged to fill out the Free Enquiry Form to have updates sent to their email.

For detailed information and clarification regarding the total cost for Canada Permanent Residency (PR) from India and the specific settlement funds requirements, individuals can seek assistance from certified Canada immigration experts at  Your Immigration