Super Visa for self-employed - what paperwork to show?

[torontob]

Hi Everyone,

This is to sponsor my mother-in-law.

I and my wife have our own business (Sole and federal incorporation). Due to the flexibility we have we can move moneies around between our personel account and business accounts to save when on interests when there is a better savings account there. We also don't pay our selves regular salaries and just withdraw lump sums. Would these two be an issue when we submit bank statements? or should we even submit bank statments?

Thanks,

 

[scylla]

You should provide your tax return statement. This will show your income and this is the proof CIC wants to see for LICO.

 

[torontob]

Thanks. So, they don't need to see our savings or bank accounts? we have a very healthy accounts.

 

[scylla]

LICO is about having minimum income - it's got nothing to do with bank account balances. You can certainly provide bank account balances to supplement the rest of your file. However proving you make enough income by providing tax returns or T4s or something similar is critical.

 

[torontob]

Thanks for the input again. All technicalities aside, what is the norm? Do people file bank statements or just T4 when they are self employed? Point here is to provide a strong case using proven experience from users who were in similar situations and filed. I would like to know what gets the officers attention or satisfies them. I don't want to send T4 only to get rejected based on no bank statements sent.

 

[SRINI_D]

Its 2020 now. Is anybody still looking for an answer for this question?

 

[canuck78]

Its 2020 now. Is anybody still looking for an answer for this question?

Same thing as everyone else. You must show your person income tax and show NOA.