Funds needed to be a sponsr

[bilalqamar]

Hi everbody

I just got my Canadian PR and i want to sponsor my parents. Just wanted to know how much funds i shud have in my accounts to be a sponsor. Does we have to show the funds or there is some fee u've have to pay to be a sponsor.

Thanks a lot in anticipation
Regards
Bilal

 

[steaky]

Funds in your account doesn't count in this case.

It is your annual income from Canadian sources that counts. For more, see this webpage about the Basic Income Required by Sponsor..:

http://www.cic.gc.ca/english/information/applications/guides/5196E10.asp

Fees

You must pay the following processing fees when you submit your sponsorship application:

* $75 for the sponsor;
* $475 for a principal applicant (the person being sponsored) who is 22 years of age or older, or who is married or in a common-law relationship, regardless of age;
* $75 for a principal applicant who is under 22 years of age and not married or in a common-law relationship;
* $550 for each accompanying family member who is 22 years of age or older, or who is married or in a common-law relationship, regardless of age; and
* $150 for each accompanying family member who is under 22 years of age and not married or in a common-law relationship.

 

[bilalqamar]

Thnaks a lot bro...........