The Government of Canada has published the minimum amount of money foreigners must have to qualify for immigration, with figures varying strictly by household size. According to the official immigration funds table, a single applicant must show at least CAD $15,263, while a couple needs CAD $19,001, and a family of three requires CAD $23,360.
Exact Amounts for Every Family Size
The table, which applies to applicants through the Express Entry system, sets out the proof of funds requirement that must be met before receiving an invitation to apply for permanent residence. For larger households, the required sums climb steadily: a family of four needs CAD $28,362, five members must show CAD $32,168, six family members require CAD $36,280, and a household of seven must have at least CAD $40,392.
For every additional person beyond seven, an extra CAD $4,112 is added to the total. The government notes that these figures represent the minimum threshold, and applicants who have more money than the listed amounts are encouraged to declare the full sum in their profile or application.
Naira Equivalents for Nigerian Applicants
In Nigerian naira, the minimum amounts translate to N14,923,093 for a single applicant, N18,577,848 for a couple, N22,839,773 for a family of three, N27,730,378 for a family of four, N31,451,619 for a family of five, N35,472,044 for a family of six, and N39,492,470 for a household of seven. Each extra person beyond seven adds N4,020,426.
Related Citizenship Document Guide
Earlier, Legit.ng reported that the Canadian government published an official guide outlining which documents citizens can use as valid proof of their Canadian citizenship. The guide covers several document types, from citizenship certificates and cards to select birth certificates and older naturalisation records.
These fund requirements apply specifically to the Express Entry system, which manages applications for permanent residence under federal economic immigration programs. Prospective immigrants should verify the current table on the official Canadian immigration website before applying.
