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Affidavit Of Financial Support

Affidavit Of Financial Support Template for Canada

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Key Requirements PROMPT example:

Affidavit Of Financial Support

"I need an Affidavit of Financial Support to sponsor my elderly parents immigrating to Canada from India in March 2025, demonstrating my annual income of $85,000 and my commitment to support them for 20 years."

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Document background
The Affidavit of Financial Support is a crucial document in Canadian immigration and sponsorship processes, required when an individual commits to financially supporting another person's stay in Canada. This sworn statement is commonly used in various scenarios including family sponsorship, international student support, and temporary resident applications. The affidavit must include comprehensive financial information about the supporter, including income, assets, and employment details, while complying with the Immigration and Refugee Protection Act (IRPA) and its regulations. The document serves as a legally binding commitment, making the supporter financially responsible for ensuring the beneficiary does not require public assistance. It must be properly executed before authorized officials and may require supporting documentation such as tax returns, bank statements, and employment verification.
Suggested Sections

1. Affiant Information: Full legal name, address, and contact information of the person providing financial support

2. Beneficiary Information: Details of the person(s) being supported, including full name, date of birth, and current residence

3. Relationship Declaration: Statement describing the relationship between the affiant and beneficiary

4. Financial Capacity Statement: Declaration of income, assets, and financial resources available for support

5. Support Commitment: Specific details about the financial support being offered, including duration and extent of support

6. Employment Information: Current employment status, employer details, and length of employment

7. Legal Obligations: Statement acknowledging the legally binding nature of the commitment and potential consequences

8. Verification and Oath: Formal sworn statement confirming the truth of all declarations made in the affidavit

Optional Sections

1. Co-Sponsor Information: Details of additional person(s) providing financial support, used when there are multiple sponsors

2. Special Circumstances: Additional declarations needed for unique situations such as disability support or educational funding

3. Government Assistance Declaration: Statement regarding any government benefits received, used when the beneficiary receives public assistance

4. Property Ownership: Details of real estate ownership, used when property assets are part of financial capacity proof

5. Business Ownership: Information about business ownership and income, used when the affiant is self-employed or a business owner

Suggested Schedules

1. Schedule A - Income Verification: Copies of recent tax returns, pay stubs, and employment letter

2. Schedule B - Asset Documentation: Bank statements, investment portfolios, and property ownership documents

3. Schedule C - Monthly Budget: Detailed breakdown of monthly income and expenses showing ability to provide support

4. Schedule D - Immigration Status: Proof of affiant's status in Canada (citizenship or permanent residence)

5. Appendix 1 - Supporting Letters: Reference letters from employers, financial institutions, or other relevant parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
























Clauses




















Relevant Industries

Immigration Services

Legal Services

Financial Services

Education

Government and Public Administration

Banking

International Student Services

Social Services

Consulting Services

Relevant Teams

Legal

Immigration Services

International Education

Compliance

Document Processing

Student Services

Human Resources

Administrative Services

Global Mobility

Relevant Roles

Immigration Consultant

Immigration Lawyer

Legal Assistant

Financial Advisor

International Student Advisor

Compliance Officer

Visa Officer

Settlement Worker

Legal Document Specialist

Commissioner of Oaths

Notary Public

Human Resources Manager

University Admissions Officer

Embassy Administrative Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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