Canada Increases Funds to Immigrate through AIP in 2025
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On July 29, 2025, Immigration, Refugees and Citizenship Canada (IRCC) increased the minimum funds requirements for foreign nationals applying through the Atlantic Immigration Program (AIP). In comparison to the 2024 funds requirements, applicants will now need to have CAD 140 more to qualify the criteria.
For a single applicant, the minimum funds required for AIP have increased by approximately 3.89%, i.e., from CAD 3,672 in 2024 to CAD 3,815 in 2025. However, the individuals who are already employed on a valid Work Permit in Canada are exempted from this requirement.
Updated Settlement Funds Required for AIP (from July 29, 2025)
The updated thresholds for the proof of funds required for AIP in 2025 are as follows:
| Family Size | Funds Required in 2025 (CAD) | Funds Required in 2024 (CAD) |
|---|---|---|
| 1 | 3,815 | 3,672 |
| 2 | 4,750 | 4,572 |
| 3 | 5,840 | 5,620 |
| 4 | 7,090 | 6,824 |
| 5 | 8,042 | 7,740 |
| 6 | 9,070 | 8,729 |
| 7 | 10,098 | 9,718 |
| Each additional family member | 1,028 | 989 |
Read Next: Canada Revises Income Requirements for Sponsoring Parents and Grandparents Under PGP
How to Rightly Calculate Your Family Size for Proof of Funds Requirements for AIP?
When you are calculating your family size for AIP include the following individuals:
- Yourself
- Your Spouse or Common Law Partner
- Your Dependent Children
- Dependent Children of Your Spouse or Common Law Partner
Please Note: You would need to include all dependents, even if they are Canadian citizens, permanent residents, or even if not accompanying you to Canada.
What Counts as Proof of Funds for AIP in 2025-26?
Individuals applying for AIP must provide the official letters from their banks or financial institutions and should include the following:
- Be printed on bank or institution letterhead
- Include your name and the details of the bank (including address, phone, email)
- Must list any outstanding debt
- Must provide details of all your accounts (including account numbers, date of opening, current and average 6-month balance)
Funds need to be readily available and not something derived from real estate equity or borrowed sources. If you are applying with a spouse, joint accounts or accounts in their name can also be used, given that you have proof.
Explore Your Canada Immigration Options With GetGIS
To ensure a smooth and seamless application process through AIP, consider seeking guidance from experienced and trusted immigration consultants like GetGIS. Our expert team’s tailor-made assistance through the visa process and job search ensures you receive the right immigration support catering to your specific Canada PR requirements.
