EC - Is immovable property enough?

needtoworkinUK · Post by **needtoworkinUK** » Fri Dec 28, 2007 5:19 pm

Hello Friends,
I have some doubts for showing our assets for EC, is it compulsory that i need to show liquid cash in balance or can we show Immovable property in my name (Land,Car) and small amount aroud 50K in Bank as balance...
Please do guide will be of great help.

hsmphsmp · Post by **hsmphsmp** » Sat Dec 29, 2007 7:58 am

Liquid cash of 3.5 lakh rupees (INR) is always better. I would suggest you take a personal loan of 3L. I have seen many members in this forum doe this.

Post by **John** » Sat Dec 29, 2007 9:33 am

Can we put these amounts into English please? 50K ? 50K what?

3.5 lakh rupees? In pounds, how much is that?

aka189 · Post by **aka189** » Sat Dec 29, 2007 10:23 am

rupee 3.5 lakhs = Â£4400 approx

Post by **John** » Sat Dec 29, 2007 2:12 pm

OK, thanks for that, but why that amount? And surely the amount needed would vary. For example, if someone already has a job to go to then clearly the amount of ready cash they would need would be lower.

Immigrationboards.com: Immigration, work visa and work permit discussion board

EC - Is immovable property enough?

EC - Is immovable property enough?