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Settlement funds

To apply for permanent residence through this pilot, you need to prove you can support yourself and your family after you get to Canada.

You do not need to show proof of funds if you’re already working in Canada with a valid work permit.

Your proof can be 1 or more of the following:

  • bank account statements
  • bank drafts
  • cheques
  • money orders

You need to make sure your money is available

  • when you apply
  • when we issue your permanent resident visa (if we approve your application)

How much money you need

First, you need to calculate your family size. You must include

  • yourself
  • your spouse or common-law partner
  • your dependent children
  • your spouse or common-law partner’s dependent children

Include your spouse or common-law partner and all dependent children, even if they’re

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

The table below that is updated annually shows the minimum amount you need to immigrate to Canada.

Minimum amount of money you need to immigrate to Canada based on the size of your family

Updated July 29, 2025

Number of family members Funds you need (in Canadian dollars)
1 $10,507
2 $13,080
3 $16,080
4 $19,524
5 $22,143
6 $24,975
7 $27,806
If more than 7 people, for each additional family member, add $2,831

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2025-09-03

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