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Rigs05

Newbie
Jan 16, 2014
5
0
Hi to All!

I am a permanent Resident here in Canada, I just came here last year February. I am planning to sponsor my parents to come here as well but the problem is I think I will not be able to meet the financial requirements for sponsoring my parents, both of them. I am still single, I am thinking if I can ask my aunt to be my co-signer. Is that possible? Please if theres someone who can help me with this. Thanks!
 
You can't sponsor your parent until you have 3 years of employment meeting LICOs in a row. So assuming you meet 2013 lico, you have to wait until jan 2017
 
Only your spouse or common law partner can act as co-signer. Your aunt unfortunately cannot.
 
No your aunt can't be co-signer. Only spouses can be co-signer.
 
Rigs05 said:
Thanks so much for replies! So I still need to wait til 2017 then.

That is assuming you meet the minimum LICOs for parents sponsorship in 2013, 2014 and 2015. Or if in that time you get married, then you could add your spouse as co-signer and qualify based on your combined incomes.
 
My question is for the minimum income requirement, does CIC look for 3 years past application date or 3 years once the application is under processing (as it takes 48 months for sponsor stage 1 to start processing)
Also, what if the income for a year is less , can a spouse's joint undertaking later be added if there is a shortfall ?
will the application get rejected in this case or they will add the spouse's income to existing application?
is it better to send the spouse additional income prior to them starting the processing or do you suggest to wait till my application is reviewed?
 
Initially, the requested documentation, BUT they will monitor the situation during the processing to ensure that you continue to meet the MNI
Spousal income can only be counted if they are a co-signer I think... What does the Application Guide say?