Get a Property Valuation Certificate for Visa in Pakistan (In 3-Easy Steps) Want a property valuation report for a visa, hassle-free and fast? (Get real estate valuation online. Even if you are unable to visit the valuer's office in Pakistan.) This simple new step-by-step guide walks you through how to get the property valuation certificate for visa (aka Property Valuation for Visa ) or immigration in 2024. In this in-depth guide, you’ll discover: What PVC for visa immigration (Really) is? Who process/make it? What is the process to get it? Why do you require it anyhow? How long does it take to get it? Book Your Property Valuation NOW? So, Suppose you are applying for a student visa, spouse visa, immigration, work visa, visitor visa, and F1 visa. In that case, the PVC helps you if you're applying to the embassy for Canada, Australia, the UK, Germany, the USA, Germany, Saudi Arabia visa etc. (In other words: it’s super easy.) The best part is, the 3-steps process applicants follow to get a valuation of Property. So without further ado, Let’s get started… What is a Property Valuation Certificate for a visa? A property valuation certificate for a visa is a legit document that assesses a property's market value, required for visa applications. It helps applicants show assets often required by certain countries as part of the visa application process. On top of that it is prepared based on specialized knowledge, comparable sales and local market knowledge. Fair Market Value revolves around the differentiated value of land, Construction, Composite rate per sq. ft (In the case of Flat), and Amenities. Factors consider for Property valuation Above all, a property valuation certificate (aka Property Valuation Report or Evaluation Report) is a document stating the applicant's details, ownership details, and property detailed information produced by an approved Evaluator within a country after a visit by a surveyor/engineer of the company. Read Also: How to get a Family Registration Certificate (FRC) Benefits of Property Valuation Report for Visa A common question I received is: Why is a valuation of residential property necessary? This includes houses, agricultural land, plots, or commercial buildings. Owning property shows financial stability in your home country. It can influence visa approval in your planned destination. Plus, a PVC helps individuals with permanent settlements, study visas, or work permits (visa immigration valuation). A property valuation report is ready with a purpose/intent. For example, the purpose of the valuation report here is "For Visa". Who issues property valuation Certificate for visa in Pakistan? The registered valuer (approved by concerned Govt. authorities of the respective country) is an experienced certified evaluator who conducts the physical inspection of the property based on the findings and prepares the final Property Valuation certificate. In Pakistan, a valuer can issue valuations that are approved by several organizations such as PBA, SBP, FBR, NBFI & Modaraba Association of Pakistan, and PEC. Property survey in progress for valuation PBA’s main objective is to provide a common platform to banks and financial institutions (DFIs) regulated by the State Bank of Pakistan. How to Find Property Valuation in Pakistan? Here is the step-by-step process to find the property valuation of your asset in Pakistan for a property tax to pay: Visit the website of the Federal Board of Revenue Open the menu and select “Valuation of Immovable Properties”. Select "Rates of Valuation of Immovable Properties" from the side menu for the cities. Select your region/city/district as per the location of the property. Download the PDF file for detailed rates of residential and commercial property valuation in Pakistan. What is a CA valuation certificate? A valuation certificate is used to prove the market value of a property of the applicant in his/her home country. It has a bank balance. It is used as collateral for the educational loan from the Bank to cover the applicant's expenses. How long does a registered valuation take? For residential properties, an approved valuer is to complete the report within 1-2 working days from the inspection date. Commercial valuations usually take longer to complete. It depends on the scale and complexity of the property. Read Also: What Does the Property Valuation Certificate Format Look Like? The format of the certificate of property valuation for visa immigration valuation (aka Property valuation for visa) entails the property, owner, and applicant's information, the condition, construction quality, layout, composition, fixtures, repairs, age of the property, design etc. Here is the property valuation certificate format for Visa immigration Pakistan has detailed information breakup a property value certificate encompasses: Applicant's information: Name CNIC No. Passport No. (Provided the valuation report is to be submitted to the embassy for a Visa), Present and Permanent Addresses Property Details: (House/Building Valuation) Location of Property Age of property Condition Construction Quality What is on every four sides of the property? Access approaches the property. Valuations Analysis Details: Size of the land and building, Construction Cost (if the property is a house or any constructed) Final Market value Physical details on the construction and condition. Book Your Property Valuation Now Below, is the property valuation booking form to process now. Documents Required for Obtaining a Property Valuation Certificate for Visa Purposes To get a Property Valuation Certificate in Pakistan for visa purposes, refrain from submitting original confidential documents. Instead, submit photocopies, as the consultant guides you. The necessary documents are as follows: CNIC Copy (Owner of Property/Asset and Applicant) - Front and Back. Property Ownership Documents (Allotment or Allocation Letter. (Registry/Fard/Inteqal in case of Land, and Leasehold Lease agreement usually in Karachi city) Passport Pic (1st Page) Construction Drawing Approved (if you have any) Sidenote: For leasehold properties, the Lease Agreement considers the ownership usually in Karachi city) Here's the step-by-step process to get a Property Valuation Certificate for Visa easier than ever... 1 Step No.1: (Submit Required Documents and Pay the Fee) The first step is to collect the required personal & property documents. Then, organize the original documents by taking pictures or scanning them. With that, you are to decide on a valuation fee for valuation services with the registered valuer. Pay the fee as you have decided. Why? Because the valuer begins assessing your assigned valuation, such as plot, land, house, building, or factory valuation. 2 Step No.2: Property Inspection/Visit by Valuer's Surveyor The second step in the valuation process is: The valuer company's surveyor might visit your property to get and confirm all relevant information and take some pictures of your property for the valuation report of the house, land, plot etc. 3 Step No.3: Report is ready (and Ready to Deliver) In the final step, the valuer has the report ready to deliver as per the valuation intent. The report's conclusion section is in the currency of the country to which an applicant wants a visa/immigration. Finally, the Property Valuation report is ready. Pro Tip: Ask the valuer for a scanned copy of the final valuation draft before signing and stamping. Final Thoughts: In a nutshell, A valuation certificate of property is a legal document a professional valuer issues in Pakistan according to purpose. PVCs are issued for various purposes: visas, property inheritance/family distribution/probate valuation, disputes, and taxes, among others. To get a property valuation certificate for a visa in Pakistan is to be submitted to the embassy to show off financial soundness in your home country. Contact Property Valuation Experts. For he goes through a process of valuation. Professional valuation services provide detailed Property Valuation Certificates/Reports. For spouse visas, student visas, immigration, business visas, permanent settlements, and work visas. They play a crucial role in visa acquisition. Here is the best part of what you must be aware of: Property assessment made by a property dealer/Real Estate Consultant is not acceptable to embassies or other Govt. organizations. Their assessment of property does not work now. A property valuer certificate is a legitimate document showing your financial worth within your home country. It strengthens your visa case Chances are you would get a student visa/f1 visa/Business Visa, Schengen visa (EU Visa) to countries like Canada (Canadavisa), the UK (United Kingdom), the USA (The United States of America), Europe etc. Contact ICONS Valuation Services for visa valuation needs. They offer premium evaluation services in Pakistan. For visa valuation services, Visa Immigration Valuation Services, Pakistan's best premium evaluation service provider for any query regarding all types of valuation covering: Property Valuation Reports, the Vehicle Valuation Certificate for Visas, gold Jewellery valuation certificate for visa immigration, Machinery and Factory Valuation, Back-date Valuation for Capital Gain Tax, Valuation for IRS (Internal Revenue Service), Insurance Valuation, Valuation for court cases both local and International and Valuation for Audit purposes. Frequently Asked Questions (FAQS) The simple answer to this question is: "Almost 1 year" That said, a more accurate answer depends on the state of the market. Not at all. A PVC is a legit document so it does not require attestation or notarising. That's why: A scanned copy of the valuation report can be used. Ensure that upon receiving it. It is properly stamped and signed. In the past, embassies accepted an Appraisal report issued by a real estate agent. Now, Property valuation reports issued by registered valuers are acceptable to embassies or courts of law across the world. A valuation certificate offers an official estimate of an asset or property's value. A qualified valuer prepares, considering various factors like market conditions and comparable sales. An intent is behind every property valuation. The intent is for a visa, Tax, mortgage, sale, family property distribution, audit, or a visa. The valuation report will look at the condition and location of your house to provide an estimated value. You will get a valuation report in 1 to 2 business working days. You are to visit the following websites for further information. Punjab: https://excise.punjab.gov.pk/ KPK: https://www.kpexcise.gov.pk/app/ Islamabad: https://islamabadexcise.gov.pk/ Sindh: https://excise.gos.pk/ Balochistan: https://pabalochistan.gov.pk/new/ A valuation surveyor, licensed and certified, conducts property valuation surveys. They provide expert insights on property conditions, management, and development. And, valuation surveyors (aka residential or commercial surveyors). I hope you enjoyed our blog post on Property Valuation Certificate for VISA (Pakistan). Now I’d like to hear from you: Or maybe you want to apply for a Visa (application) to an Embassy, Either way, let us know by leaving a comment below right now. If you enjoyed this article, share it with your friends and colleagues!