When submitting your application, you must demonstrate that you have:
The income required to support your family;
The additional amount required to support the person you are sponsoring, their accompanying family members and their non-accompanying family members;
If you have an commitment that has already been accepted and is still in force, the amount required to provide for the people covered by the current commitment.
The income and amounts required are set by regulation and are adjusted each year on January 1. They vary according to the number of dependants.
The tables below show the amounts applicable from January 1 to December 31, 2024.
To find out how much money you need, add together the income you need to support your family (Table A), the amount you need to support the people you are sponsoring (Table B) and, if applicable, the amount you need to support anyone you are already sponsoring (Table B).
An electronic calculator is available to help you make this calculation. Please note, however, that this is provided for information purposes only and does not replace the requirements described on this page.
A. Basic income required from the guarantor to meet the basic needs of his own family
Total number of family members
of your family
(including yourself)
Required annual income
1
$28,242
2
$38,124
3
$47,068
4
$54,135
5
$60,250
Add $6,115 for each additional dependant.
B. Additional amount required from the guarantor to meet the basic needs of the sponsored persons
Number of
persons
18 years or older
Number of people
under 18
Gross annual amount
required
0
1
$9,776
0
2
$15,493
Add $5,166 for each additional person under 18.
Number of
persons
18 years or older
Number of people
under 18
Gross annual amount
required
1
0
$20,657
1
1
$27,755
1
2
$31,341
Add $3,582 for each additional person under 18.
Number of
persons
18 years or olde
Number of people
under 18
Gross annual amount
required
2
0
$30,294
2
1
$33,935
2
2
$36,634
Add $2,689 for each person under 18 and $9,630 for each additional person aged 18 or over.
How to demonstrate your financial capacity
The demonstration of your financial capacity must be based on:
Income from Canadian sources for the income required to support your family (Table A);
Canadian-source income or assets held in Canada for the amount required to meet the basic needs of the sponsored persons (Table B).
You must have had income during the 12 months (1 year) prior to your application and demonstrate that you will continue to have this income for the duration of your undertaking.
Your spouse's income and assets may be taken into account if he or she signs the sponsorship application with you (in order to co-sign the undertaking).
