Tomorrow is your last day
As of July 7, Immigration, Refugees and Citizenship Canada (IRCC) has raised the minimum settlement funds required for foreign nationals applying for permanent residence through certain Express Entry streams.
Applicants under the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP) must now show at least $500 more than before. For single applicants, the required funds have increased from $14,690 to $15,263.
To remain eligible, candidates must update the proof of funds in their Express Entry profile no later than July 28, 2025. Official documentation verifying the availability of these funds is mandatory.
How much money you need
The amount of money you need to support your family is based the size of your family.
This table shows the minimum amount you need to immigrate to Canada. If you have more money, you should list the full amount in your profile or application.
| Number of family members | Funds you need (CAD) Updated July 7, 2025 |
|---|---|
| 1 | $15,263 |
| 2 | $19,001 |
| 3 | $23,360 |
| 4 | $28,362 |
| 5 | $32,168 |
| 6 | $36,280 |
| 7 | $40,392 |
| If more than 7 people, for each additional family member | $4,112 |