Canada Increases Minimum Fund Requirements for Express Entry Candidates
Updated On
-
Copy link
Immigration, Refugees and Citizenship Canada (IRCC) has announced an increase in the minimum proof of funds required for Express Entry candidates starting July 28, 2025. The annual update also reflects applicable, Low Income Cut Off (LICO) of 50% to both new and existing profiles in the Express Entry pool.
Updated Proof of Funds Requirement for Express Entry in 2025
On July 7, 2025 IRCC released the revised settlement funds table highlighting the minimum financial support applicants would need to show based on the family size. The updated breakdown is as follows:
| Family Members | New Amount (CAD) | Previous Amount (CAD) |
|---|---|---|
| 1 | 15,263 | 14,690 |
| 2 | 19,001 | 18,288 |
| 3 | 23,360 | 22,483 |
| 4 | 28,362 | 27,297 |
| 5 | 32,168 | 30,690 |
| 6 | 36,280 | 34,917 |
| 7 | 40,392 | 38,875 |
| Each additional member | 4,112 | 3,958 |
These amounts apply even if your spouse or children are not accompanying you to Canada, or are already Canadian citizens or permanent residents
Also Read: Canada to Increase Study Permit Financial Requirements from September 2025
How to Update Revised Proof of Funds for your Express Entry Profile?
To stay eligible under the updated criteria, candidates must update their settlement funds In their Express Entry profile on or before July 28, 2025. You can update your profiles following the steps mentioned below
Step 1: Login to your IRCC secure account.
Step 2: Edit your profile specifically, the proof of funds section
Step 3: Enter the updated amount based on your family size
Step 4: Submit the changes and ensure all other details (language scores, work history, etc) are up to date.
Ensure to keep your profile accurate and updated to stay eligible for multiple programs within the Express Entry system, as incorrect or outdated data can lead to disqualification or delays
Express Entry Draws in July 2025
The most recent draw occurred on July 7, 2025, inviting 356 candidates under the Provincial Nominee Program (PNP), for which the minimum CRS score required to qualify was 750, and the tie-breaking rule applied to profiles submitted before March 19, 2025, at 4:09 PM UTC.
Ensure a Seamless Canada Immigration Process With GetGIS Assistance
To ensure your profile remains eligible under the updated 2025 Express Entry rules, it is crucial to update your settlement funds by July 28. For personalised guidance document assistance or profile optimization, consider consulting with experts at GetGIS, your trusted partner for Canadian immigration success.
