We’ll be discussing ,the minimum income to sponsor parents for Canadian immigration.
First, before you apply for your parents immigration to Canada. You need to prove that you earn enough money or meet the income requirement to sponsor your parents immigration.
The income requirements for Parents and Grandparents (PGP) candidates varies from family to family ,according to the size of the family and the number of people getting sponsored.
Also which province you’re sponsoring parents in Quebec or another Canadian province.
Second, to calculate the Minimum Income to Sponsor Parents , you need to count family members.
Count Family Members
The count or size of family members is depend on who you are currently supporting Canada, also who you are planning to sponsor.
IRCC will want to see that you have enough fund to support yourself first, and then your family or who you are planning to sponsor.
When you’re keeping the count of family for PGP , include in this way:
- yourself or the sponsor;
- your partner, or spouse;
- your dependent children;
- any person you’re financially responsible for or sponsored in the past and still responsible;
- the parents or grandparents ( you willing to sponsor)
- your parents’ spouse or grandparents’ spouse, partner , and dependent children even you’re not sponsoring them for Canadian Immigration
Also for the PGP, you can only sponsor your parents or grandparents and their any dependent children . If their children are over the age of 22 or otherwise not considered “dependent,” they will have to apply for Canadian immigration under another program.
Minimum Income to sponsor parents for PGP
Before you apply , IRCC will check you income for the three consecutive taxation years. For this year , that means 2019, 2020 and 2021.
The Minimum Necessary Income (MNI) implies on you ( the sponsor) , not your parents or grandparents. If you’re unable to meet the income requirements of the undertaking, then you can include your spouse or common-law partner as a co-signer.
The Minimum Necessary Income for each year is base on IRCC’s Low Income Cut-off (LICO) figures plus 30 per cent.
The MNI for last year i.e 2020 is shown below.
If any member get added or lost in member in your family , then your MNI will apply according to the number of people are there in family in that year.
For example, If a new baby get born in your family of 4 , then you’ve to meet the MNI requirements for unit of five for that year.
To prove your income , provide your Notice of Assessment from the Canada Revenue Agency for last three taxation years.
Rules about co-signers : for minimum income to sponsor parents
If you’re unable to meet the income requirements of the undertaking, then you can include your spouse or common-law partner as a co-signer.
They will have to submit application to confirm common-law status along with PGP application.
IRCC will look at the co-signer’s income for the past three years of taxation if they’re from outside of Quebec , and last 12 months if you’re form Quebec’ , it doesn’t matter of how long you have been together.
The co-signer ( your spouse or common laws) must also meet the eligibility same as sponsor, and agree to sponsorship of your parents or grandparents for a period of time.
- must be at least 18;
- is a Canadian Citizen , permanent residence , or person with Indian status , with other criteria;
You and your co-signer are equally liable for financial obligations, if anyone fall short.
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