MPNP Application – Your Settlement Funds

As promised, I will write more posts about processing application to Manitoba Provincial Nominee Program (MPNP).  In my previous post – Manitoba Provincial Nominee Program – What You Need to Know, I discussed about the basic information that someone who is considering to apply as provincial nominee to Manitoba should know.

In this post, I want to provide more information about settlement funds, also referred as proof of funds but for most applicants, this is popularly known as “show money.”

The applicant’s settlement funds is part of the factors being evaluated by MPNP in assessing an application, the applicant must prove that he/she has enough money when he/she applies to immigrate.  It is expected that a new comer’s adjustment in Canada will take time and this period will require financial resources.

Providing proof of settlement funds, I guess is easy to satisfy if the applicant has the resources. But for some, this requirement is one of the many reasons that causes the delay in submitting their application.  The total amount of settlement funds  will depend on the family size. I suggest that you check the official Immigrate Manitoba website for the most updated amount.  

What is Settlement Fund?

Settlement funds should not be mistaken as program fee because it is not.  Settlement funds is the recommended amount of money that the applicant should have on hand in order to provide proof that the applicant has enough money to support himself and his family when they arrive to Canada.

How much is the required settlement fund?

Generally, an applicant is required to have at least  $10,000 (Canadian Dollar), an additional $2,000 for the applicant’s spouse and each accompanying dependent.  Again,  kindly check the official website for the updated settlement funds required, the information indicated herein are as of the time of writing of this post.

How can I demonstrate that I have sufficient settlement funds?

To demonstrate that the applicant has sufficient settlement funds under his/her (applicant) name,  MPNP enumerated the following documents that must be included in the applicant’s MPNP Online application:

  • copies of bank statements and certificates of deposit demonstrating a clear financial history of sufficient and transferable settlement funds (liquid assets) in the applicant’s name and/or the name of his/her spouse or common-law partner, AND, if applicable:
  • copies of securities and other investments
  • proof of ownership of real estate including a current market price evaluation, or other assets (not including personal items such as jewelry, furniture or vehicles) owned by the applicant or spouse, with objective fair market value evaluation
  • (If there are currency controls in the applicant’s country of residence the MPNP may require proof of transferability of settlement funds.)

If the funds are in a different currency, ensure that together with the above documents,  the applicant encloses a print out or a  letter showing the prevailing exchange rate at the time of the submission of the application as well  as the computation of the funds from the applicant’s home country and it’s equivalent amount to canadian dollar.

Source: Immigrate Manitoba: Documents all applicants require.  Retrieved on March 18, 2014,
About Momsiecle 102 Articles
I am Cristina, I came from an Asian family turned Canadian but remained to be Filipino by heart. I decided to dedicate this blog to creating posts that are not only about myself or my family, but a place to come for people who immigrated to Canada and for those who are thinking of coming and living in Canada.

12 Comments

  1. Is it necessary to show funds proof during processing the file for MPNP Morden city programmer or we just have to show during the final documentation for the PR.

    • What I did is attached a printout of the bank exchange rate at the time that you are going to submit your application.

  2. Hello.. Hope you are doing well.
    I came across this site by browsing my concern thru google..
    I am residing in UAE, Philippine nationality and my bank account is in the Philippines.
    If in future, I will be needing to submit the Settlement Fund proof and the documentations will be coming from UAE but my bank account is in Philippines, would that be fine as long as I will provide the bank exchange rate at the time?

    Looking forward for your opinion.

    Thanks and God Bless

    • That should be okey Joyce… but yes, you must ensure that you provide the most recent exchange rate when you submit your documents

  3. Hi Tina

    Thank you for this post it is so clear, organized & informative.
    We are working on our immigration process at the moment, wish me luck.

  4. Hi Momsiecle,

    I’m from Philippines, if my liquid asset is not enough, is Lot ownership considered as sufficient additional fund for the settlement fund?

  5. Hi I’m from Philippines but working here in Saudi.i don’t have a bank account can I used the bank account of my sister to submit in my application in MPNP..

    • I don’t think that is possible, the bank account has to be under your name and you must be able to show your bank history.

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