CRA taxation requirements for parents visa

[room3]

Hello all,

I moved to Canada one and half year ago and Would like to sponsor my parents as Permanent Resident. Since I have only filed one tax return, would I be eligible to sponsor them?

thx

 

[quinnman]

Unfortunately not, you need 3 years. "Individuals who seek to sponsor their parents and grandparents and their accompanying family members will be required to demonstrate that they meet the new income threshold for the three consecutive tax years prior to submitting the sponsorship application"

 

[Rob_TO]

Hello all,

I moved to Canada one and half year ago and Would like to sponsor my parents as Permanent Resident. Since I have only filed one tax return, would I be eligible to sponsor them?

thx

If you have only filed 1 tax return (i assume 2012), then if you have 2012, 2013 and 2014 tax returns that all meet the LICO+30% income, you can most likely qualify to apply for parents PR in January 2016 (if the program remains as it is today).