Help determine income requirement

[canpuneet]

I want to sponsor my parents for moving to Canada. I cannot understand if I use the LICO (Table 3) or sum of table 1 & table 2 on cic website to determine eligibility.

We are 4 in our family... 2 adults & 2 kids. Need to sponsor my mom & dad. What is the income requirement?

What is the difference between the income calculations of Table 1 + 2 and LICO?

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

Please help.

Puneet

 

[scylla]

You should be looking at Table 3 which is the LICO table.

Your LICO is $52,838 (covering 6 individuals).

 

[canpuneet]

Thanks for the quick reply. Also, the income proof should be for pat 12 months.. right?