Koreanboy85 said:
does anyone know what the 2015 minimum necessary income +30% for a family of 5 is? I was told $65,377 but it was not a reliable source. thanks!
IRCC is yet to update the LICO + 30% for 2015...For 2014...it is $64,791. Check the below link or table...
http://www.cic.gc.ca/english/information/applications/guides/5772ETOC.asp
Federal Income Table for Parents and Grandparents Sponsorship
Size of Family Unit Minimum Income
2014 Minimum Income
2013 Minimum Income
2012
2 persons $38,272 $37,708 $36,637
3 persons $47,051 $46,354 $45,040
4 persons $57,125 $56,280 $54,685
5 persons $64,791 $63,833 $62,023
6 persons $73,072 $71,991 $69,950
7 persons $81,355 $80,153 $77,879
If more than 7 persons, for each additional person, add $8,271 $8,148 $7,929