Net Worth

Calculate the monetary value of all your assets and deduct the total monetary value of your debts to calculate your net worth.

Some examples of assets:

  • Cash in a bank account
  • Properties
  • Personal vehicles
  • Stock shares

Some examples of debts:

  • Mortgages
  • Personal loans
  • Credit card balance

Some immigration authorities do not accept all your claimed assets.

« Back to Glossary Index

Related Posts

CISU

Mar 4, 2024

NPR

Feb 25, 2024

Non-permanent resident

Feb 25, 2024

PV2

Jan 3, 2024

Fill our Free Canada Immigration Assessment Form in your language!

Al Parsai

This article has been expertly crafted by Al Parsai, a distinguished Regulated Canadian Immigration Consultant (L3 RCIC-IRB – Unrestricted Practice) hailing from vibrant Toronto, Canada. Al's academic achievements include an esteemed role as an adjunct professor at prestigious Queen's University Law School and Ashton College, as well as a Master of Laws (LLM) degree from York University. A respected member of CICC and CAPIC organizations, Al's insights are further enriched by his experience as the dynamic CEO of Parsai Immigration Services. Guiding thousands of applicants from over 55 countries through the immigration process since 2011, Al's articles offer a wealth of invaluable knowledge for readers.