Canada Visa Proof of Funds (2025)
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Providing sufficient proof of funds is a key requirement for most Canada visa applications in 2025. Immigration, Refugees and Citizenship Canada (IRCC) requires applicants to demonstrate that they have enough financial resources to cover travel, accommodation, and living expenses during their stay — including visitors attending the World Cup 2026.
Who Needs to Provide Proof of Funds?
Proof of funds is required for the following visa types:
- Visitor visas (tourists, business travelers, and event attendees)
- Study permits (students enrolling in Canadian institutions)
- Work permits (employees relocating or contracting in Canada)
- World Cup 2025 visas (fans, media, and staff attending the event)
Minimum Financial Requirements (2025)
The amount required depends on the applicant’s visa type, duration of stay, and number of dependents. As a general guideline:
| Applicant Category | Minimum Funds Required (CAD) |
|---|---|
| Single Visitor (1–2 weeks) | $2,000 – $3,000 |
| Single Visitor (1 month) | $4,000 – $5,000 |
| Family of 2–3 (short visit) | $6,000 – $8,000 |
| Study Permit (first year) | $20,635 (outside Quebec) |
| Work Permit (per applicant) | $5,000 – $10,000 |
| World Cup 2025 Visitors | $3,000 minimum (depending on trip duration) |
Acceptable Proof of Funds Documents
- Bank statements from the last 3–6 months
- Pay slips or proof of employment
- Tax returns or income certificates
- Fixed deposit or investment certificates
- Letter of financial support (if sponsored)
- Scholarship or grant letter (for students)
- Proof of ticket purchase and paid accommodation (for World Cup attendees)
Sponsored Applicants
If someone else is funding your trip, you must include a Letter of Sponsorship along with the sponsor’s financial proof. The sponsor must be a Canadian citizen, permanent resident, or a relative providing support.
Required sponsor documents include:
- Signed letter confirming financial support
- Copy of sponsor’s ID or passport
- Bank statements or income slips
- Proof of relationship (if applicable)
Proof of Funds for World Cup 2025 Visitors
Applicants traveling for the World Cup 2025 must show sufficient funds to cover event tickets, travel, accommodation, and daily expenses. For short stays (under 2 weeks), CAD $3,000 per person is typically sufficient. Longer stays or combined tourism trips may require higher balances.
Providing receipts for hotel bookings, return flights, and match tickets can strengthen your application and demonstrate credible financial planning.
Tips for Submitting Financial Proof
- Provide statements on official bank letterhead with clear account holder details.
- Avoid large unexplained deposits before applying.
- Show a consistent transaction history over several months.
- Convert foreign currency balances into CAD using recent exchange rates.
- Include both savings and liquid funds (readily available cash).
Common Mistakes to Avoid
- Submitting screenshots instead of certified bank statements.
- Using joint accounts without proof of ownership.
- Relying on credit cards as the sole source of proof.
- Not updating expired financial documents.
Related Guidance
- General Visa Requirements (2025)
- Eligibility Requirements (2025)
- Documents Checklist (2025)
- Visa Fees (2025)
- World Cup 2025 Visa Information
People Also Asked
How much money is required for a Canada visitor visa in 2025?
At least CAD $2,000–$3,000 for short stays, and higher amounts for longer visits or multiple travelers.
Do I need to show proof of funds for an eVisa (eTA)?
No, eTA applicants are not usually required to submit financial proof but may be asked to show evidence at the port of entry.
Can I use my sponsor’s bank account for proof?
Yes, if accompanied by a signed sponsorship letter and evidence of relationship.
About This Page
Author: Visa Applications Editorial Team
Reviewed by: Michael Gibbons, Regulated Immigration Advisor.
Last Updated: December 2025.
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