Fencesitter said:
That's not entirely accurate. If you are not providing an Option C, it's a good idea to provide the foreign equivalent.
FS
Really?
My post is directly based on the instructions to the visa officers for outland processing of family class applications in OP-2. It gives the visa officers actually no leeway - as shown below:
(1) "The financial test is needed to prove that sponsors can support sponsored persons for the period of the undertaking." (i.e., it is future-looking, not backward-looking so the OPs letter from a Canadian University contributes to this)
(2) "Financial resources must originate from Canadian sources" (while there are exceptions, Israel is not the US
)
(3) "Discretionary approval of financial requirements is not possible."
(4) ... and most importantly in the OPs case, "The ability to meet the minimum income requirement is mandatory, unless the sponsor is sponsoring a spouse, common-law partner, conjugal partner or a dependent child where the child has no dependent children of their own."
Boaz - to reiterate, I wouldn't expect you to need to submit your Israeli tax assessment. I would encourage you to spend the time and money you would have spent on translating your foreign tax assessment on other parts of your application - or on another fun endeavor
The full quote from OP-2 is (bolding mine)
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"5.30. Financial requirements
The financial test is needed to prove that sponsors can support sponsored persons for the period of the undertaking. For more details, see Minimum Necessary Income Requirement: Low-Income Cut-Off levels (LICO), section 5.32, Exception to Minimum Necessary Income Requirement, section 5.33 and Low Income Cut-Off and Quebec Income Scale, Appendix F.
Financial resources:
• may include the resources of the sponsor’s spouse or common-law partner if the sponsor’s financial resources are inadequate and the sponsor’s spouse or common-law partner declares their resources as income on their Canadian tax return and they co-sign the undertaking.
• cannot include pooled resources from other relatives to meet the income test.
Financial resources must originate from Canadian sources for the following reasons:
• employment income abroad is not a reliable indicator of future or stable employment in Canada.
• CPC staff cannot easily verify if foreign income can be transferred to Canada.
• converting foreign income into Canadian dollars is resource-intensive.
• in cases of default, collection and litigation, it is easier to recover income from Canadian sources.
For more information, see: Exceptions to the Canadian income rule, section 5.31.
5.31. Exceptions to Canadian income rule
The exceptions to the Canadian income rule are as follows:
• sponsors who commute from Canada to work in the U.S.A. can use their U.S. employment income provided it is declared as income on their Canadian income tax return;
• sponsors living in Canada who declare income from foreign sources on their Canadian tax returns, can use this foreign income to meet the financial requirements for sponsorship.
Discretionary approval of financial requirements is not possible.
5.32. Minimum necessary income requirement: Low-Income Cut-Off levels (LICO)
The sponsor’s income must meet the minimum necessary income requirement, as identified annually by Statistics Canada in LICO levels, to support all members of a sponsor’s own family and all sponsored persons and their family members, including family members listed as non- accompanying. The applicable LICO level is based on urban areas of 500,000 inhabitants or more, regardless of where the sponsor lives.
For current LICO figures, see Appendix F.
Sponsors should provide their latest Notice of Assessment from their Income Tax Return provided by Canada Revenue Agency or equivalent document (The “Option C printout” plus the DD.3 Printout which will provide copies of the T4's, T5s, etc.). “Total income” as referred to in R133(1)(j)(i) is the total income shown on line 150 of the Notice of Assessment. The “Option C printout” is provided free of charge by
calling 1-800-959-8281. If sponsors cannot provide a Notice of Assessment/”Option C printout” or their income on the Notice of Assessment is insufficient, they must provide evidence that they meet the applicable minimum necessary income for the 12-month period immediately preceding the sponsorship application [R134]. Refer to section 22 if a change of circumstance occurs before the initial calculation.
5.33. Exception to minimum necessary income requirement
The ability to meet the minimum income requirement is mandatory, unless the sponsor is sponsoring a spouse, common-law partner, conjugal partner or a dependent child where the child has no dependent children of their own. This exception also applies to persons under the age of 18 whom the sponsor intends to adopt in Canada."
Source: http://www.cic.gc.ca/english/resources/manuals/ip/ip02-eng.pdf