Last Updated On : November 16 , 2024
The RPRF loan is offered by the Canadian government to cover the cost of the RPRF for eligible applicants seeking Canadian permanent residency.
Once an immigration applicant receives an ITA or NOI from the Provincial Government, he must pay for a Canada PR visa.
The Right of Permanent Residence Fee (RPRF) is a fee ($575) that most applicants for permanent residence in Canada must pay. This fee is separate from other processing fees for immigration services.
The Right of Permanent Residence Fee loan is available to individuals applying for permanent residence from within Canada and their sponsors. To qualify, applicants must prove they need financial assistance and can repay the loan.
You can provide pay stubs, bank statements, and tax returns while living in Canada in recent years.
Note: IMM 5349 Form may be rejected if you are applying from outside Canada.
The two main criteria for assessing RPRF loan eligibility are:
Applicants with at least three years of Canadian residency must demonstrate unsuccessful attempts to obtain a loan from financial institutions. This proves that they truly need a government loan.
The Canadian government assesses your ability to repay a loan by reviewing your financial information, such as your income, expenses, and credit history. They may also consider your employment history and other factors to determine if you are likely to be able to make your loan payments on time.
To apply, you will need to:
There are multiple documents you may need to show when applying for RPRF Loan, while the essentials are as follows:
Proof of income, debt payments, and living expenses, emphasising the need for accurate information.
Details about the applicant's employment history, including past employers and periods of unemployment, as well as information on any current enrollment in educational or training programs.
Provide additional information relevant to their situation, including any social assistance or employment insurance benefits received.
If the loan application is approved, the applicant will be required to sign a loan agreement before the permanent residence application or sponsorship undertaking can proceed.
You can apply for an RPRF loan on your own. However, certain conditions might complicate the process. These include language barriers, difficulties submitting financial documents, health issues on the day of your biometrics or interview, or technical problems like internet outages or natural disasters.
In such cases, appointing a representative to assist with your Canada loan application would be advisable.
There are two types of representatives:
Compensated representatives are paid professionals who can help you with your RPRF loan application. They can provide guidance, handle paperwork, and increase your chances of approval. You can appoint a representative by completing the Use of a Representative form (IMM 5476).
These representatives do not charge fees for their services. This can include friends, family members, or consultants who are not charging you a fee.
Guide For RPRF Loan Application