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How much money you need to settle in Canada

by Immigration Team
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Proof of funds – Skilled immigrants

If you looking to settle in Canada under Federal Skilled Worker Program or Federal Skilled Trades Program, you need to prove you have sufficient funds to sustain yourself when you arrive in Canada.

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

  • yourself
  • your spouse or partner
  • your dependent children and
  • your spouse’s dependent children

Include your spouse or dependent children even if they’re

  • permanent residents or Canadian citizens
  • not coming to Canada with you

Here is the fund requirement 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.

The government recommend you bring as much money as you can to help you live better in Canada.

Number of
family members
Funds required
(in Canadian dollars)
For each additional family member$3,586

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