Financial Ability
Minimum Income Requirement for Federal Family Class - Low Income Cut-off (LICO)
Effective until December 31, 2011
This is the amount of income you must have in order to be able to sponsor your relatives.
| Size of Family Unit | Minimum necessary income |
|---|---|
| 1 person (the sponsor) | $22,229 |
| 2 persons | $27,674 |
| 3 persons | $34,022 |
| 4 persons | $41,307 |
| 5 persons | $46,850 |
| 6 persons | $52,838 |
| 7 persons | $58,827 |
| More than 7 persons, for each additional person, add | $5,989 |
Minimum Income Requirement for Federal Skilled Workers - Settlement Funds
The applicant applying under Federal Skilled Worker Category must clearly demonstrate that they have sufficient and available funds to meet the
requirements OR that they have arranged employment.
The funds must be:
- available and transferable;
- unencumbered by debts or other obligations.
using 50% of Statistics Canada's most current Low Income Cut-off (LICO).
Note: In terms of funds required, the number of the applicant's family members includes both accompanying and non-accompanying dependants.
| Size of Family Unit | Minimum necessary income |
|---|---|
| 1 person (the sponsor) | $11,115 |
| 2 persons | $13,837 |
| 3 persons | $17,011 |
| 4 persons | $20,654 |
| 5 persons | $23,425 |
| 6 persons | $26,419 |
| 7 persons or more | $ 29,414 |
Minimum Income Requirement for Quebec Family Class - Quebec Income Scale
Effective until December 31, 2011
For applicants applying under Quebec Family Sponsorship Program, The government of Quebec is responsible for determining the financial capability of sponsors living in Quebec.
Table 1 - Basic Income Required by Sponsor to Meet Basic Needs of Own Family
| Total Number of Family Members | Basic Annual Income Required |
|---|---|
| 1 | C$20,975 |
| 2 | C$28,315 |
| 3 | C$34,958 |
| 4 | C$40,205 |
| 5 | C$44,747 |
| The gross annual income is increased by C$4,542 for each additional dependant. | |
Table 2 - Additional Income Required by Sponsor to Meet Basic Needs of Sponsored Person and His/Her Family Members
| Persons 18 and over | Persons under 18 | Gross Annual Income Required by Sponsor |
|---|---|---|
| 0 | 1 | C$7,261 |
| 0 | 2 | C$11,507 |
| The gross annual income required is increased by C$3,837 for each additional person under 18. | ||
| 1 | 0 | C$15,343 |
| 1 | 1 | C$20,614 |
| 1 | 2 | C$23,276 |
| The gross annual income required is increased by C$2,660 for each additional person under 18. | ||
| 2 | 0 | C$22,499 |
| 2 | 1 | C$25,204 |
| 2 | 2 | C$27,207 |
| The gross annual income required is increased by C$1,997 for each additional person under 18 and by C$7,153 for each additional person 18 or over. | ||
Minimum Income Requirement for Quebec Skilled Workers - Settlement Funds
Effective until December 31, 2011
For the period from January 1 to December 31, 2011, single persons must have at least $2,800 at their disposal to meet their basic needs for the first three months following their arrival in Québec. In addition to this sum, they must have at their disposal an additional amount for each family member accompanying them (spouse or de facto spouse and children). For example, a household with two adults and two children under 18 years of age must have at least $4,965 at their disposal for the first three months. The following table indicates the essential needs of main family units.
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