Some Express Entry applicants are required to show proof of funds in order for their application to be approved. This is known as Express Entry proof of funds, or settlement funds.

Do you need to show proof of funds for an Express Entry application? Well, that depends on three main factors: (i) the specific immigration program for which you received your invitation to apply; (ii) whether or not you were awarded points for a job offer under the Express Entry Comprehensive Ranking System; and (iii) your current work status in Canada.

Use the simple chart below to find out if you may need to show Express Entry proof of funds.

 Federal Skilled WorkerCanadian Experience ClassFederal Skilled Trades
Job offer & authorised to work in CanadaNot requiredNot requiredNot required
Job offer but not currently authorised to work in CanadaProof of funds requiredNot requiredProof of funds required
No job offerProof of funds requiredNot requiredProof of funds required

If you fall into a category that requires you to show Express Entry proof of funds, you probably now want to know exactly how much money you need to prove for your Express Entry application.

Express Entry proof of funds

The figures below are in place as of July 5, 2021.

Number of family membersRequired funds (in CAD)
1 (single applicant)$13,213
2$16,449
3$20,222
4$24,553
5$27,847
6$31,407
7$34,967
For each additional family member, add$3,560

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