Parents Super Visa- LICO Requirements - 2019

[canuck_in_uk]

Thanks. Covid19 hasnt kept everyone in same financial condition + travel back is a issue right now.

Doesn't matter. One accident or illness could cost hundreds of thousands of dollars. It is not the responsibility of Canadian taxpayers to pay for your parent's medical bills.

 

[rayrayray]

If you meet LICO, you're fine.

Hi,
For 2020, this link ( https://www.canadavisa.com/parent-and-grandparent-super-visa.html#gs.hetrze ) shows that LICO for 3 people is $38,185. I am married and have a child so as long as my GROSS income is higher that $38,185, am I eligible to sponsor BOTH my parents on a supervisa?

Thanks

 

[scylla]

Hi,
For 2020, this link ( https://www.canadavisa.com/parent-and-grandparent-super-visa.html#gs.hetrze ) shows that LICO for 3 people is $38,185. I am married and have a child so as long as my GROSS income is higher that $38,185, am I eligible to sponsor BOTH my parents on a supervisa?

Thanks

No. You must show enough income to cover yourself, your spouse, your child AND your parents. So you need to show that you have enough income to cover 5 people which is $52,583.

 

[rayrayray]

No. You must show enough income to cover yourself, your spouse, your child AND your parents. So you need to show that you have enough income to cover 5 people which is $52,583.

Thank you. Are you aware if EI benefits and CCB can count towards the gross income?

 

[scylla]

Thank you. Are you aware if EI benefits and CCB can count towards the gross income?

EI can be included. CCB cannot.

 

[rayrayray]

EI can be included. CCB cannot.

Thank you. I had another question regarding Parent/Grandparent sponsorship. I was wondering what if I had sufficient income in 2018 and then in 2019 the income dipped below the cutoff and then in 2020 the income was back to "sufficient income", do I wait till 2021 to sponsor them? Basically does CIC count 3 consecutive years and if you fail to meet 1, you start all over again?

 

[scylla]

Thank you. I had another question regarding Parent/Grandparent sponsorship. I was wondering what if I had sufficient income in 2018 and then in 2019 the income dipped below the cutoff and then in 2020 the income was back to "sufficient income", do I wait till 2021 to sponsor them? Basically does CIC count 3 consecutive years and if you fail to meet 1, you start all over again?

You need to meet LICO three consecutive years in a row. If you don't have enough income in 2019, then you restart the thee year count in 2020 and will need to wait until 2024 to qualify.

 

[canuck78]

You need to meet LICO three consecutive years in a row. If you don't have enough income in 2019, then you restart the thee year count in 2020 and will need to wait until 2024 to qualify.

Only one year because this is just a supervisa.

 

[rayrayray]

Only one year because this is just a supervisa.

Hi. Initially the question was about supervisa but later on I asked about Parent Sponsorship. Regardless, thank you for pointing out regarding the supervisa.

 

[scylla]

Only one year because this is just a supervisa.

OP was asking about PR in that question. 3 years applies.

 

[canuck78]

Thank you. I had another question regarding Parent/Grandparent sponsorship. I was wondering what if I had sufficient income in 2018 and then in 2019 the income dipped below the cutoff and then in 2020 the income was back to "sufficient income", do I wait till 2021 to sponsor them? Basically does CIC count 3 consecutive years and if you fail to meet 1, you start all over again?

There will will be some flexibility and you can count EI for 2020.

 

[Captmario]

Hi,
Sorry, I have a quick question regarding Super Visa for my parents. Regarding financials, LICO for 3 people would be $39,672 however my most recent NOA is $38,400.

I landed mid 2019 so my NOA is only based on half year of income. In order to reinforce my application to cover the $1200 amount on my NOA, I can provide following documents:

1- Employment Letter stating $70k+ annual income.
2- Pay Stubs with EI for the last 12 months.
3- Bank Statement having $30k+ in savings.
4- Obviously the NOA showing $38,400.

My NOA is only covers half of the previous year, however my income over the last 12 months is almost twice that and well above LICO.

Do you think above documents would be enough to prove financial ability for Parents Super Visa?