Understanding the costs of applying for Express Entry to Canada
If you’re considering immigrating to Canada through the Express Entry system, one of the first things you’ll need to consider is the amount of money required for the application process. While the cost of applying for Express Entry can vary depending on your individual circumstances, there are a few key expenses to keep in mind as you prepare to make the move to Canada.
Application Fees
One of the primary expenses associated with applying for Express Entry to Canada is the application fees. These fees include the cost of the main application, as well as any additional fees for things like biometrics and language testing. As of 2022, the cost for the main application is CAD $1,325 for the primary applicant, plus an additional CAD $825 for each dependent accompanying the primary applicant. Biometrics fees are an additional CAD $85 per person, and language testing can range in cost depending on the specific test and location.
Proof of Funds
In addition to the application fees, Express Entry applicants are also required to provide proof of funds to demonstrate their ability to support themselves and their family members once they arrive in Canada. The amount of funds required is based on the number of family members included in the application, and is updated annually. As of 2022, the required funds for a single applicant is CAD $13,213, with additional funds required for each accompanying family member.
Settlement Funds
If you receive an invitation to apply for permanent residence through Express Entry, you will also need to provide proof of settlement funds to support yourself and any accompanying family members when you arrive in Canada. The required amount of settlement funds is determined based on the size of your family, and is meant to ensure that individuals and families have enough money to settle and support themselves in Canada.
Additional Expenses
In addition to the above-mentioned expenses, it’s important to consider any additional costs associated with the Express Entry process. This can include things like medical exams, police certificates, and other documentation that may be required as part of the application process.
While the costs associated with applying for Express Entry to Canada can vary, it’s important to be prepared for the financial expenses involved in the process. By understanding the various fees and funds required, you can better plan and budget for your immigration journey to Canada. Keep in mind that these costs are subject to change, so it’s always a good idea to consult the official Immigration, Refugees and Citizenship Canada (IRCC) website for the most up-to-date information on Express Entry fees and financial requirements.
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