Certificate of financial ability
In these days when the immigration market is hot, many immigration applicants come across terms that they do not know the exact meanings of. One of the most important of these terms is financial ability. In the following, we are trying to provide you, dear readers, with short and comprehensive information about our topic.
The financial ability certificate, which is used for the immigration process and is one of its requirements, is to prove the financial ability of the immigrant, which is presented to the applicant in the form of an official and fully valid document. In this certificate, the balance of the applicant’s account and its equality with the desired rate of the applicant, which is equal to the amount of the applicant’s bank balance and the circulation of her account during the period of 6 months.
Ways to prove financial ability
There are different ways to prove your expected financial ability, which is chosen according to the conditions of the applicant, the immigration method of the person and the relevant organizations and institutions.
Some of the ways are explained in the text below:
- Blocked account
Blocked account is one of the preferred ways for applicants. In this way, you keep the amount you need for immigration and living in the country in question for a certain period of time in a blocked or blocked account, and then this account will be checked by the relevant authorities. It should be noted that after the necessary time has passed, you can transfer the necessary balance to another account and use it.
Of course, it is important to mention that after immigrating to the desired country, you will not be able to use the entire amount at the same time, but according to the authorities, you can only withdraw the amount you need for 1 month from your account on a monthly basis, and to consume
- Parental support
In this way, instead of blocking the applicant’s account and referring to her received amounts and salaries, the parents’ salaries and pay slips are cited. This method is mostly used for the migration of students.
- This method is mostly used for the migration of students.
In this method, those who have acquaintances or friends in the country use her financial documents. In this way, the intended person in the destination country guarantees that she will support the migrant to meet her financial needs.
- Scholarships
Another method used in this field is the use of scholarships. In this case, because the applicant is included in the scholarship, she does not need to provide separate financial resources, and providing related documents can go through all the steps related to financial resources.
