LICO (Low Income Cut Off) level to sponsor parents.


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STHIRU18   
Member since: Apr 04
Posts: 103
Location: MISSISSAUGA

Post ID: #PID Posted on: 31-03-05 13:46:25

I would appreciate any information from Canadian desi(s) about this.

In order to sponsor parents, a minimum family income is required. This is called the LICO level, and has changed after 5th Feb, 2005.

We ar a family of three ( I, my wife and my daughter). We live in Mississauga. My wife would like sponsor her mother for permenent residence here. Does anyone know what the LICO will be ?

Thanks in advance for the information.



PFI-Canada   
Member since: Apr 05
Posts: 12
Location: Ontario

Post ID: #PID Posted on: 01-04-05 00:08:08

Hi,

With the information that you have provided, the total number of family members including your mother-in-law would be 4. Minimum necessary income required in this case will be $37,253.

The information on LICO is available on http://www.cic.gc.ca" rel="nofollow">LINK under Financial Evaluation (Search for IMM 5482).



SAIRAM97   
Member since: Mar 05
Posts: 2
Location:

Post ID: #PID Posted on: 02-04-05 10:24:08

Thank you Rajeev Narula, for the information about LICO. I have a question - Is the income mentioned, gross income or income after taxes?

Thanks in advance for your reply.





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