How much money do I need for Express Entry in 2026?

It depends on family size: $15,263 for one person, $19,001 for two, $28,362 for a family of four and $40,392 for seven, plus $4,112 for each extra person. These are IRCC's amounts updated July 7, 2025, still in force in October 2026.

How much proof of funds does a family of 4 need?

$28,362. A family of four is usually you, your spouse or partner and two dependent children. Count them even if some won't come to Canada or are already Canadian.

Does the Canadian Experience Class need proof of funds?

No. CEC applicants don't need to show settlement funds. But Express Entry can make you eligible for more than one program, so if you might be invited under FSW or FST, keep your funds up to date in your profile.

I have a job offer. Do I still need proof of funds?

Not if you're also authorized to work in Canada right now and the job offer is valid under Express Entry rules. You need both. A work permit on its own, even an open one, isn't a job offer.

Can I use my house, a loan or my spouse's money?

Equity in property and borrowed money don't count. A joint account counts if your spouse is coming with you, and an account in your spouse's name only may count if you prove you can access it.

How long must the money be in my account?

IRCC's bank letter must show the average balance for the past 6 months, alongside the current balance. The money must be available both when you apply and when your permanent resident visa is issued.

When does IRCC update the proof of funds amounts?

Once a year, based on 50% of the low income cut-off. The current table is dated July 7, 2025. When it changes, candidates in the pool get a deadline to update their profile, so check the amount again before you apply.

Settlement funds · Express Entry

Proof of funds calculator

To immigrate through the Federal Skilled Worker or Federal Skilled Trades program, a single applicant must show $15,263 and a family of four $28,362. Canadian Experience Class applicants, and people with a valid job offer who can already work in Canada, don't need to show funds.

Your situation

Results update as you go. Nothing leaves your browser.

Which program could invite you?

Federal Skilled Worker (FSW)Skilled work experience, usually from abroadFederal Skilled Trades (FST)Qualified tradespeopleCanadian Experience Class (CEC)1+ year of skilled work in Canada

Who counts in your family

YouAlways counted1
Spouse or common-law partnerCounted even if they won't come to Canada
Dependent childrenYours and your partner's, even if they're Canadian or staying behind0

Family size: 1

I can legally work in Canada and I have a valid job offer

Both are needed. A work permit alone isn't a job offer, even an open one.

Money you have now (optional)

Add up your bank and investment accounts that you could use in Canada.

Amount

Currency

Minimum for a family of 1 · Federal Skilled Worker

$15,263

IRCC table updated July 7, 2025 · +$573 (3.9%) on the June 3, 2024 table

Your money compared with the minimum

Add the money you have to see if it's enough.

Your next step

Check the 67-point FSW grid

Calculate your CRS score See which category draws you can enter

Last verified Oct 6, 2026Sources:IRCC: Proof of funds(opens in a new tab)IRCC: Federal Skilled Trades(opens in a new tab)IRCC: Valid job offer(opens in a new tab)

Independent tool, not affiliated with IRCC. Confirm on canada.ca before you apply.

The official amounts

Proof of funds table for 2025–2026

IRCC sets the minimum at 50% of Canada's low income cut-off and updates it every year. Here's the table in force and the one before it.

Is there a 2026 table yet?

Not yet. On October 6, 2026, canada.ca still showed the table updated July 7, 2025. Some websites label the older June 3, 2024 amounts as "2026": they aren't. When IRCC publishes new amounts, candidates already in the pool get a few weeks to update their profile (last time the deadline was July 28, 2025). We'll update this page when it happens.

Minimum settlement funds in Canadian dollars, by family size
Family members	Now (updated July 7, 2025)	Before (June 3, 2024)	Change
1	$15,263	$14,690	+$573
2	$19,001	$18,288	+$713
3	$23,360	$22,483	+$877
4	$28,362	$27,297	+$1,065
5	$32,168	$30,690	+$1,478
6	$36,280	$34,917	+$1,363
7	$40,392	$38,875	+$1,517
Each extra person after 7	+$4,112	+$3,958	+$154

Worked examples

Three people, three answers

Illustrative examples, not real applicants.

Priya, 29, single, FSW
Only Priya counts, so her family size is 1.
She needs $15,263.
Arjun, FSW, married with two children
His wife and both children count, even though his older son will stay with his grandparents to finish school. Family size: 4.
He needs $28,362.
Sofia, CEC, working in Montréal
As a Canadian Experience Class applicant she doesn't need funds. She uploads a short letter saying so.
If she could also be invited under FSW, she'd keep $15,263 in her profile.