07/19/2022
Required funds to settle in Canada
➡️ The following list details the suggested liquid savings you should have in order to settle in Canada as detailed by IRCC.
➡️ Individuals applying under the Federal Skilled Worker Program or sub-categories like the Provincial Nominee Program
CAD $13,310.
➡️ To fund yourself and a single (1) spouse, resulting in a household of two (2), expect to have about
CAD $16,570.
➡️ To fund yourself, a spouse, and one (1) child, resulting in a household of three (3), expect to have about
CAD $20,371.
➡️ To fund yourself, a spouse, and two (2) children, resulting in a household of four (4), expect to have about
CAD $24,733.
➡️ To fund yourself, a spouse, and three (3) children, resulting in a household of five (5), expect to have about
CAD $28,052.
➡️ To fund yourself, a spouse, and four (4) children, resulting in a household of six (6), expect to have about
CAD $31,638.
➡️ To fund yourself, a spouse, and five (5) children, resulting in a household of seven (7), expect to have about
CAD $35,224.
➡️ For every additional family member, you must add around
CAD $3,586.
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