The amount of money you need to support your family depends on the size of your family. To calculate the size of your family you must include
your spouse or partner
your dependent children* and
your spouse’s dependent children
* Children qualify as dependants if they
are under 22 years old and
don’t have a spouse or partner
Include your spouse or dependent children even if they’re
permanent residents or Canadian citizens
not coming to Canada with you
This table shows the minimum amount you need to immigrate to Canada as of June 9, 2022. If you have more money, you should list the full amount in your profile or application.
Number of family members
Funds required (in Canadian dollars)
For each additional family member
What we accept as proof
Funds must be readily available to you. For example, you can’t use equity on real property as proof of settlement funds.
You also can’t borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they aren’t coming with you).
If your spouse is coming with you, you can count money you have together in a joint account. You may be able to count money in an account under their name only, but you must prove you have access to the money.
The funds must be available both when you apply and when (if) we issue you a permanent resident visa. You must prove to an immigration officer that you can legally access the money to use here when you arrive.
For proof, you must get official letters from any banks or financial institutions where you’re keeping money.
be printed on the financial institution’s letterhead
include their contact information (address, telephone number and email address)
include your name
list outstanding debts such as credit card debts and loans
include, for each current bank and investment account, the
date each account was opened
current balance of each account
average balance for the past 6 months
How much money you should bring
Research how much it costs to live in the place where you plan to settle in Canada.
Bring as much money as you can. This will make moving and finding a home in Canada easier. When you arrive in Canada, you have to tell the border officer if you’re bringing more than CAN$10,000 into Canada. If you don’t tell them, you may be fined, and your funds could be seized. This includes:
documents that show property or capital payable to you, such as:
documents that guarantee payment of a set amount of money, which are payable to you, such as: