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forumSection: Immigration to Canada, subForumSection: Family Class Sponsorship
I just had a quick query related to sponsorship for parents. If I am a temporary resident in Canada for the years 2014, 2015 and a permanent resident for the year 2016, Will the 3 previous years be enough to show the minimum income threshold or the three years are counted from the day I became permanent resident and I have to wait for another 3 years?
Additionally, does the gross income for the year meets the minimum income threshold or the net income of an individual ?
Yes - you can use pre-PR periods. It's gross income (not net).
You won't qualify to apply until Jan 2018 (unless you worked in Canada in 2013 and meet LICO). For Jan 2017 applications - NOAs from 2013, 2014 and 2015 are required.
While the 2017 LICO hasn’t been published, you can make a rough estimate using last year’s numbers and the CPI. October 2016 was the highest since January 2015 at 1.5%, which would set the values up by $365, $454, $559, $678, $769, $867, and $966 for 1-7 persons respectively.
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