Canada has recently increased the minimum settlement funds required for the Atlantic Immigration Program (AIP) effective July 29, 2025. Here’s a breakdown of the updated funds required based on family size :
– Family Size and Required Funds
– 1 family member: $3,815
– 2 family members: $4,750
– 3 family members: $5,840
– 4 family members: $7,090
– 5 family members: $8,042
– 6 family members: $9,070
– 7 family members: $10,098
– Each additional family member*: $1,028
These funds are necessary to support yourself and your family upon arrival in Canada, demonstrating your ability to cover initial expenses. If you’re already working in Canada with a valid work permit, you may not need to show proof of funds. However, for all other applicants, sufficient funds are crucial for settlement in Canada
To ensure a smooth transition, it’s recommended to research the cost of living in your desired location within Canada and bring sufficient funds to cover initial expenses, including housing and finding a place to settle. Remember to declare any amount exceeding CAN$10,000 when entering Canada
