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How Much Money Is Required to Immigrate to Canada?

Immigrate to Canada

If you’re planning to immigrate to Canada, one of the first things you’ll want to know is how much money you need. Understanding this helps you prepare financially before you begin your journey to immigrate to Canada confidently.

Understanding the Cost to Immigrate to Canada

The cost to immigrate to Canada depends on your family size, immigration program, and lifestyle goals. The Canadian government requires you to show “proof of funds”—money available to help you settle after you move to Canada.

Here’s a general breakdown of the minimum proof of funds required for Express Entry applicants who want to move to Canada:

Family Members Required Funds (CAD) Purpose
1 (Single Applicant) 13,310 To cover basic settlement costs
2 16,570 To support a spouse or partner
3 20,371 Includes dependent child
4 24,553 Standard for small families
5 27,847 Larger family coverage
6 31,407 Extended family support
7 34,967 For a bigger family size

If you plan to move to Canada with more than seven family members, add CAD 3,560 per additional person.

Major Expenses When You Immigrate to Canada

When calculating how much it costs to immigrate to Canada, include all related expenses beyond government fees. Common costs include:

  • Visa and application fees: CAD 1,325 per adult applicant.
  • Language tests (IELTS/CELPIP): CAD 300–350.
  • Educational credential assessments (ECA): CAD 200–250.
  • Medical exams and police certificates: CAD 500+.
  • Settlement funds: As listed in the table above.

Each of these costs contributes to your total budget when you immigrate to Canada.

How to Prepare Financially

Planning before you immigrate to Canada helps you avoid stress later. Create a savings plan, track currency exchange rates, and maintain your proof of funds in a liquid account (savings or current account).

Applicants who prepare early and follow a structured plan to visit Canada often find it easier to settle and succeed faster.

If you receive a valid job offer or Canadian sponsorship, your requirement for settlement funds may be waived, reducing the overall cost to move to Canada.

Why Choose Wider World Immigration

At Wider World Immigration, we make your dream to immigrate to Canada simple, affordable, and achievable.
As the best immigration consultants in Delhi, our experts guide you through every step—from assessing eligibility to financial planning, application filing, and post-arrival support.

Our transparent approach and proven track record make Wider World Immigration your trusted partner to immigrate to Canada with confidence.

Frequently Asked Questions 

  1. How much money do I need to move to Canada as a single person?
    You need approximately CAD 13,310 as proof of funds to move to Canada under most federal programs.
  2. Do I need proof of funds if I have a Canadian job offer?
    No, applicants with valid job offers or Canadian work experience may not need proof of funds to move to Canada.
  3. What is the cheapest way to immigrate to Canada?
    Applying through a Provincial Nominee Program (PNP) or employer sponsorship can reduce costs to Visit Canada.
  4. Can I use property or investments as proof of funds?
    No, only cash or accessible funds in a bank account are accepted to move to Canada.

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