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Canada welcomes your parents too, but read this first

Canada welcomes your parents too, but read this first

Canada welcomes your parents too, but read this first

Canada welcomes your parents too, but read this first

You are a permanent resident of Canada now, but would like to bring along your parents with you. Understand that the responsibility gets doubled financially. Having said that, the income requirement varies depending on the number of family members you wish to support. It also depends on the location of the sponsorer.

So, what is the minimum necessary income for parents and grandparents sponsorship?

A sponsorer will be eligible for taking the responsibility of their parents only if he exceeds the MNI for three consecutive taxation years, with the exception of Quebec region. This requirement ensures that the sponsorer is capable enough to take the responsibility of his parents and grandparents, including their medical liabilities, which might include elderly care.

Given below is a chart that provides the income cut-off to be eligible for sponsoring parents and grandparents. These are referred to as Minimum Necessary Income (MNI). The cut off provided below are Low Income Cut-off (LICO), plus 30%.

 

Size of Family Unit MNI- 2018
2 persons $40,379
3 persons $49,641
4 persons $60,271
5 persons $68,358
6 persons $77,095
7 persons $85,835
Each additional person $8,740

 

 

It is mandatory for sponsors to provide their notice of assessment from the Canada Revenue Agency (CRA) for the last 3 taxation years before applying. In case the applicants, while applying in 2018, do not have the 2018 Notice of Assessment, they should be submitting 2017, 2016 and 2015 assessment.

Low-income cut off

  

Size of Family Unit Minimum necessary gross income
1 person (your child or grandchild) $24,949
2 persons $31,061
3 persons $38,185
4 persons $46,362
5 persons $52,583
6 persons $59,304
7 persons $66,027
More than 7 persons, for each additional person, add $6,723

 

Basic eligibility criteria for sponsors for Inviting your Parents to Canada

 


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