For the Ontario Immigrant Nominee Program Masters Graduate stream, the main applicant needs to meet all the following criteria:
- a minimum score of CLB 7 in listening, reading, writing, and speaking on an approved language test in English or French test, which is less than two years old at the time of application
- must have legally lived in Ontario for at least one year in the past two years before the date of application (can be cumulative)
- must be living in Ontario, or outside of Canada (you cannot be living in another Canadian province) at the time you apply
- you must submit your application within two years of completing the requirements necessary to obtain your master’s degree
- the date on your master’s degree must be within two years of your OINP application submission date, not the date you received the invitation to apply
- the intention to live in Ontario
- legal status in Canada, if applying from within Canada
- have a minimum amount of settlement funds required for their family size (main applicant, their spouse or common-law partner, and any dependent children of the main applicant or their spouse/common-law partner twho are under the age of 22)
- The settlement funds requirements are as follows:
Number of family members | Funds required |
| 1 | $14,690 |
| 2 | $18,288 |
| 3 | $22,483 |
| 4 | $27,297 |
| 5 | $30,690 |
| 6 | $34,917 |
| 7 | $38,875 |
| If more than 7 people, for each additional family member | $3,958 |
You can meet this requirement through one or a combination of any of the following:
- funds as demonstrated by the balance listed in bank statements, or statements of accounts showing other investments such as non-locked in, fixed term deposits, mutual funds, etc.
- annual earnings from ongoing employment in Ontario
- a job offer in Ontario
Example: Based on your family size, you must have $38,875 (CAD). You have a job offer in Ontario with an annual wage of $35,000 and you have a balance of $5,000 in your savings account for a total of $40,000. By using a combination of your job offer and bank statement, you would meet the settlement fund requirement.
If the reviewing officer notices that your bank statements show a large one-time deposit, they may ask you to provide additional documentation to support that your funds are free of debt or liability.