Family Income

[PUTISHU]

Hello ,

I got a question want to make sure ,I'll feel appreciate if someone can give me answer.Thank you very much!

My husband and I do a small business in Canada , our family income does not meet the Minimum necessary income of Super visa ,but we do have a lot of assets in company .I want to know if I qualify to apply for Super visa for my parents.

Thanks!

 

[scylla]

Hello ,

I got a question want to make sure ,I'll feel appreciate if someone can give me answer.Thank you very much!

My husband and I do a small business in Canada , our family income does not meet the Minimum necessary income of Super visa ,but we do have a lot of assets in company .I want to know if I qualify to apply for Super visa for my parents.

Thanks!

No - you can't. Your income needs to meet LICO to apply.

 

[bishop7170]

do a valuation

 

[scylla]

do a valuation

That's a completely pointless suggestion. Are you aware of how super visas work? A valuation will be of no help. You need to meet LICO through earned income.

 

[PUTISHU]

Thank you very much everyone!I'll try to rise the family income for next year!

 

[PUTISHU]

No - you can't. Your income needs to meet LICO to apply.

Thank you! I got another question ,is that OK if the income is dividend or must be the normal salary income? Thank you very much!

 

[PUTISHU]

That's a completely pointless suggestion. Are you aware of how super visas work? A valuation will be of no help. You need to meet LICO through earned income.

Thank you! I got another question ,is that OK if the income is dividend or must be the normal salary income? Thank you very much!

 

[PUTISHU]

do a valuation

Thank you! I got another question ,is that OK if the income is dividend or must be the normal salary income? Thank you very much!

 

[scylla]

Thank you! I got another question ,is that OK if the income is dividend or must be the normal salary income? Thank you very much!

It's what's listed on line 150 of your Notice of Assessment (Canadian Tax Return statement).