Parents and Grandparents Sponsorship 2019

[scylla]

Hello Friends,
Does anybody know if they are going to do another round of interest to sponsor ?
Thankyou in advance.

At this time we do not expect there will be a second round of invitations this year. But it's impossible to say for certain.

 

[Carito]

your husband can be co-signer and in that case it doesn't matter even if u lost job...

Thank you very much how do you know that?

 

[Dainik]

Is there any value for a non working spouse to sign the application as co-signer ?, Does it weaken your case if spouse is not working and both kids and her are dependent on you even if your single income is very high.
Is anyone else in the same boat where spouse is not working and you are sponsoring parents ?

If this non working spouse is NEVER going to work, then its no use to add that spouse as a co signer.

 

[jojo220]

For your question to the MomDads Marriage Certificate: if dont have one, get an affidavit signed by both and atleast 2 witnesses who attended their marriage. Xender Discord Omegle

 

[Mesad]

At this time we do not expect there will be a second round of invitations this year. But it's impossible to say for certain.

Are you talking about people who can get in second round from outside the pool or from those extras 7000?

 

[Dainik]

Outside of 7000.

Are you talking about people who can get in second round from outside the pool or from those extras 7000?

 

[Mesad]

Outside of 7000.

That is tough one. I am not sure if all extras have a chance to get in this year and they still have priority over those who are outside of the pool.

 

[Verba]

Thats right. But have a look at form 5748 as well which tells you to deduct the EI income and other Income Benefits from Line 150. Double check. If possible, do not go on EI. On the other hand, if you are on maternity, you are adding another family member to the Family size. Or maybe two or three. It could be twins or triplets. Plan ahead, whatever you decide.

OMG I hope God hears you! Plan ahead!!!

 

[Verba]

[/QUOTE=neochanges1 said: ↑

yes you must report about newborn and provide prove of income for +1 member

Thank you for this information. I did ask about the same one of the immigration consultants and received a reply that this is a very complex case, requiring careful review and a bunch of the documentation that she can not name because this is too difficult to understand if you are not an immigration licensed professional. Cute!

 

[gopr]

Guys & Girls - I have a question on 2 things, if anyone could help?
1. For a self-employed incorporated person, how to enter the financial information. Say that person brings 120K to the corporation and pays them only 35 K as salary on their T4 (line #14) and remaining stays in the company itself how does that work?
2. My spouse became a landed immigrant last year end, but only started working as of January this year, can I include the spouse as co-signer? My spouse doesn't have an income in canada to report last year but considered a tax resident of canada. I haven't included my spouse as co-signer in the EOI form though.

Thank you.

 

[Mesad]

Guys & Girls - I have a question on 2 things, if anyone could help?
1. For a self-employed incorporated person, how to enter the financial information. Say that person brings 120K to the corporation and pays them only 35 K as salary on their T4 (line #14) and remaining stays in the company itself how does that work?
2. My spouse became a landed immigrant last year end, but only started working as of January this year, can I include the spouse as co-signer? My spouse doesn't have an income in canada to report last year but considered a tax resident of canada. I haven't included my spouse as co-signer in the EOI form though.

Thank you.

To put it simple, The company is incorporated it means the money that stays in the company is the company’s money and not the owners as the company pays its own taxes.
The owners personal income is salaries/wages... and dividends. Unless you haven’t received any dividends your personal income is 35k

 

[gopr]

To put it simple, The company is incorporated it means the money that stays in the company is the company’s money and not the owners as the company pays its own taxes.
The owners personal income is salaries/wages... and dividends. Unless you haven’t received any dividends your personal income is 35k

Thanks a lot, that clears things up.

 

[Dainik]

That is tough one. I am not sure if all extras have a chance to get in this year and they still have priority over those who are outside of the pool.

i am following the forum from beginning and I think quite a few of them who received the email not going to qualify for the income.

 

[Atheist9]

If this non working spouse is NEVER going to work, then its no use to add that spouse as a co signer.

If the co-signer signs the application, and in future, for any reason, if Parents apply for any financial support from federal or provincial govt. (within the 20 years time period) then co-signer will be equally accountable to pay that back to government. Even if he or she won't be working at that or even never worked in lifetime.

 

[Atheist9]

The calculation of the sponsor’s total income will include the income of the co-signer, if applicable, and will be based on the amount recorded on the NOA or other document issued by the CRA (Option C print out) to the sponsor and to the co-signer, if applicable, less any amounts earned from the following sources:

1. any provincial allowance received by the sponsor for a program of instruction or training;
2. any social assistance received by the sponsor from a province;
3. any financial assistance received by the sponsor from the Government of Canada under a resettlement assistance program;
4. any amounts paid to the sponsor under the Employment Insurance Act, other than special benefits;
5. any monthly guaranteed income supplement paid to the sponsor under the Old Age Security Act; and
6. any Canada child tax benefit paid to the sponsor under the Income Tax Act.