Parent sponsorship - INCOME TYPE

[Joshkim993]

Hello,


Hope everyone who are getting ready to apply for the 2016 PGP makes it on time before the cap is reached!

I was searching the forum if the type of income mattered to meet the Minimum Necessary Income(LICO + 30%).

I know that we are required to submit a CRA Option C Printout so I guess it has to be "INCOME REPORTED TO CRA".

But does it matter whether it is salary/employment income, dividends or rental income?

The financial evaluation chart on the CIC financial evaluation application form just states "TOTAL INCOME - LINE 150 FROM NOA".


Thank you for your help in advance, and again for those who are applying for 2016 PGP wish you guys all my best.

 

[sashali78]

Hello,


Hope everyone who are getting ready to apply for the 2016 PGP makes it on time before the cap is reached!

I was searching the forum if the type of income mattered to meet the Minimum Necessary Income(LICO + 30%).

I know that we are required to submit a CRA Option C Printout so I guess it has to be "INCOME REPORTED TO CRA".

But does it matter whether it is salary/employment income, dividends or rental income?

The financial evaluation chart on the CIC financial evaluation application form just states "TOTAL INCOME - LINE 150 FROM NOA".


Thank you for your help in advance, and again for those who are applying for 2016 PGP wish you guys all my best.

I think your answer is already in the body of the question