dann05 said:Super newbie here..
Here is a dumb questions...
My wife and I are looking to sponsor her dad and we got a lucky ticket from the 10K.
We had are son back in December 2015 and its just the three of us.... does that mean that i have to go back to 2014/2015/2016 as a 4 persons family?
so....
Federal Income Table for Parents and Grandparents Sponsorship (2016, 2015, 2014)
4 persons $58,768 $57,642 $57,125
Thanks
I think I can answer your question here. I just got confirmation email this morning and I did some research on Family size and MNI (Income you need to make to be eligible).
First, You for 2017 applicant, CIC need our NOA for 2014, 2015, 2016.
Family size, is EVERYONE been born at the date of your application, so its you,your wife, your kids, you mon and dad =5 and income for past 3 years will be assessed based on CURRENT family size.
For MNI, The most accurate data is on CIC website ----> http://www.cic.gc.ca/english/information/applications/guides/5772ETOC.asp
Very important to note is the table is LICO + 30% included, that means as long as your family combined NOA Makes more than $60,000 for EACH of above years, you meet the income requirement (some people mistakenly informed that the actual amount is whatever amount on this table + 30% and its WRONG.)