The Financial requirements for Canada Family Class Sponsorship for those residing in Canada (excluding Quebec) are as follows:
A sponsor must demonstrate a level of income that meets the minimum necessary income or low-income cut-off (LICO) for a given family size, as established by Statistics Canada. The sponsor is freed from this requirement if:
To determine if the sponsor’s total income is sufficient, one must deduct the following from the total family income:
If the Sponsor is unable to demonstrate a financial ability to provide for the essential needs of the immigrant, his or her spouse, common-law partner, or conjugal partner may act as a co-signer, if:
Financial requirements for Canada Family Class Sponsorship for those residing in Quebec are as follows.
A Canadian sponsor residing in Quebec must demonstrate a level of income that meets the minimum income for a given family size, as established by the Quebec government in the chart below. The sponsor is free from this requirement if:
The sponsor must be able to prove a steady income and one that has consistently exceeded the low income cut-off over the last 12 months.
Basic needs of sponsor and dependent persons:
Number of dependent persons | Gross annual income of sponsor |
---|---|
1 | $23,483 |
2 | $31,699 |
3 | $39,137 |
4 | $45,012 |
5 | $50,096 |
Each additional dependent | $5,084 |
Basic needs of Sponsored Person(s):
Persons 18 and over | Persons under 18 | Annual gross amount required by sponsor |
---|---|---|
0 | 1 | $8,128 |
0 | 2 | $12,883 |
The annual gross amount required is increased by $4,008 for each additional person under 18. | ||
1 | 0 | $17,176 |
1 | 1 | $23,077 |
1 | 2 | $25,648 |
The annual gross amount required is increased by $2,778 for each additional person under 18. | ||
2 | 0 | $25,188 |
2 | 1 | $28,126 |
2 | 2 | $30,461 |
The annual gross amount required is increased by $2,236 for each additional person under 18 and by $8,008 for each additional person over 18. |