LICO amounts

[zahidislam14]

Hello everyone,

I had a quick question. Does the MNI (minimum necessary income) amount that is on the CIC website include the 30% or do I have to add that? For example, on the CIC site the MNI for 5 people for 2015 is $65,377? Does that already include the 30% or I have to add it? As per their explanation the amount does calculate the LICO + 30%, please let me know. Thank you.

 

[canuck_in_uk]

I had a quick question. Does the MNI (minimum necessary income) amount that is on the CIC website include the 30% or do I have to add that? For example, on the CIC site the MNI for 5 people for 2015 is $65,377? Does that already include the 30% or I have to add it? As per their explanation the amount does calculate the LICO + 30%, please let me know. Thank you.

Hi

Yes, the MNI already includes the 30%.

 

[zahidislam14]

Thank you!