The Government of Canada has increased the minimum settlement fund requirement for prospective immigrants applying under the Express Entry system.
Beginning July 7, 2025, applicants under the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP) must now show at least $500 more in available funds to qualify for permanent residency.
This update, published by Immigration, Refugees and Citizenship Canada (IRCC), means a single applicant must now present CAD 15,263.