Settlement Funds Update for 2016

If you are applying as a Skilled Immigrant to Canada under the Express Entry System, and are required to show settlement funds, the required amount of settlement funds have now increased from 2015 to the amounts listed below as updated on the Immigration, Refugee and Citizenship Canada website:

Number of
Family Members
Funds Required
(in Canadian dollars)
1 $12,164
2 $15,143
3 $18,617
4 $22,603
5 $25,636
6 $28,913
7 or more $32,191