#1 Guide to Your Financial Consideration for Canadian Immigration 


Are you Dreaming of a new life in Canada? As you embark on your immigration journey, understanding the financial requirement is essential. 5 minutes of reading this article will give you all the information you require on the money you need for immigrating to Canada.

Why choose Canada? 


With a robust economy, World-class healthcare Facility, top-notch education, and strong commitment to inclusivity and equality. With welcoming immigration policies, abundant career opportunities, and a safe environment, Canada opens its doors wide, embracing newcomers with open arms.

Why is it important to know about the required Money for Canadian Immigration?


As Indians, we often have a keen interest in understanding the financial criteria required for starting any work, as it helps us paint a clear picture in our minds.

Financial criteria are of paramount importance when applying for Canadian immigration. Meeting the financial standards demonstrates an applicant's ability to support themselves and their family upon arrival, navigate the cost of living, and contribute to the Canadian economy. Adequate funds will not only ensure a smooth settlement process but also enhance employment prospects and provide a foundation for long-term success in Canada. 

Demonstrating financial stability is crucial. While there is no specific net worth requirement, you must show that you possess sufficient funds to support yourself and your family. We suggest you to you should consult with the canada immigration consultant to make the process easy.

What are The Main Visa Categories for Canadian Immigration & what money do you need for Canadian Immigration?


There are six main types of Visas available for immigration will discuss all of them below. You can pay the application fees online or by mail. 

1.Required Money for Canadian immigration through: Express Entry: 


Express Entry is a points-based system that manages applications for three federal economic immigration programs: the Federal Skilled Worker (FSW) Program, the Federal Skilled Trades Program (FSTP), and the Canadian Experience Class (CEC). Applicants create an online profile and submit their application. They will be ranked on a points system based on factors such as age, education, language proficiency, work experience, and arranged employment. Applicants with the highest scores are invited to apply for permanent residency. The fastest and most efficient way to immigrate to Canada is Express Entry. Applicants who are invited to apply for permanent residency are typically processed within 6 to 12 months.

  • The process of evaluating educational credentials (ECA) entails an average cost of CAD 240.
  • PR Application processing fees: CAD 1,365 for an adult and CAD 230 for a child
  • Biometrics: CAD 85 per person
  • Language tests: Average cost Per test, Per person – CAD 260 (RS. 15,500)
  • Furthermore, individuals are required to undergo a medical examination as part of their application, with average fees amounting to CAD 100 Per person.
  • Clearance certificate from police costs – CAD 50/Country

    Proof of funds: 
  • CAD 13,757 for a single applicant or 
  • CAD 17,127 for a couple. 
  • Proof of funds is a requirement in Canadian immigration to ensure that individuals and families have the financial means to support themselves upon arrival in Canada. It is a way for the Canadian government to ensure that newcomers can successfully settle and integrate into Canadian society without relying on public funds or social assistance programs.

 2. Required Money for Canadian immigration through Provincial Nominee Programs (PNPs): 

Each province and territory in Canada operates its own Provincial Nominee Program, which nominates individuals who meet specific provincial labor market needs for permanent residency.

  • ECA cost CAD 240 
  • PNP Application processing fees: The application processing fees for PNPs vary from province to province from CAD 350 - CAD 1500. For example 
  • SK PNP Fee - CAD 350 
  • Manitoba PNP fee CAD 500
  • Alberta PNP fee CAD 550
  • Ontario PNP fee CAD 1500.
  • PR application processing fee is CAD 1365 per adult and CAD 230 per child. 
  • The biometric fee is CAD 85 per person or CAD 170. 
  • English language proficiency Fee CAD 260
  • Medical examination fee CAD 100 
  • PCC fee CAD 50



    In addition to the government fees, you may also need to pay for other costs associated with applying to a PNP, such as:
  • Job search costs
  • Travel costs
  • Accommodation
  • Living expenses

3. Required Money for Canadian immigration through: Visitor Visa (Temporary Resident Visa): 

This allows individuals to visit Canada for tourism, family visits, or business purposes temporarily. 

  • Application processing fee: CAD 100 per person
  • Biometric fee: CAD 85 per person
  • Some additional costs like Medical examination fees and Translation fees can also be added in the following process which depends upon the location of your application and the complexity of the documents. 

4. The money you need for Canadian Immigration through: Study Permit: 

International students can obtain a study permit to pursue their education at designated Canadian educational institutions, for applying through this Visa you need to be accepted into a Canadian Designated Learning Institution.

  • Tuition Fee: CAD 20000- 35000.
  • Application processing fee: CAD 150
  • Biometric fee: CAD 85
  • Medical examination fees: CAD 100



  • In addition to the application fees, you will also need to show that you have enough money to support yourself and your family while you are studying in Canada. The amount of money you need to show will vary depending on the length of your study program and the size of your family.

5. The money you need for Canadian Immigration through Work Permit:

Temporary work permits provide foreign nationals with the opportunity to engage in employment within Canada for a designated duration. These permits can be categorized into two types: employer-specific permits, which restrict individuals to work for a specific employer, and open work permits, granting the flexibility to work for any employer in Canada. It is important to note that the fees associated with applying for a work permit in Canada differ based on the specific type of permit sought. Nevertheless, the subsequent fees are commonly applicable in most cases:

  • Work permit processing fee: CAD 155 per person
  • Open work permit holder fee: CAD 100 per person
  • Employer compliance fee: CAD 230 per position
  • Biometric fee: CAD 85 per person
  • Medical examination fees, Translation fees, and Courier fees are also involved in the following which vary according to the application.

6. The money you need for Canadian Immigration through Family Sponsorship: 



Canadian citizens and permanent residents can sponsor eligible family members for immigration to Canada, including spouses, partners, parents, and dependent children.

  • PR Application processing fees: CAD 1,080 
  • Biometrics fee: CAD 85 per person.
  • Medical examination fees: CAD 100 
  • The police clearance certificate fee CAD 50, also varies depending on the country where the police clearance certificate is issued.

Conclusively, immigrating to Canada is an exciting opportunity that requires careful financial planning, to have smooth acceptance by Canadian Immigrations. Understanding the money you need for Canadian immigration and the associated costs is crucial. For one-shot success, Aptech Visa can help you throughout the process. With a team of more than 200 immigration officers on board and available 24/7, your dreams will turn into reality. Call us for a free consultation and learn about the best-suited immigration program.