Demonstrate your financial capacity

You must demonstrate that you have sufficient and available financial resources to honour your undertaking. You must have these resources at the time of application and demonstrate that you will continue to have them for the duration of your undertaking. 

Financial capacity for a group of 2 to 5 natural persons

You must demonstrate that you have sufficient financial capacity when submitting your undertaking application.

More precisely, each member of your group must demonstrate they have the required income to meet their own family's needs.

Your group must also demonstrate it has the additional amount required to meet the needs of the person you sponsor, of the family members who accompany that person and of those who do not. 

You can use the Financial Capability Self-Assessment Grid for a group of 2 to 5 individuals (PDF 105 Kb) (in French only) to assess your financial capability. This grid should be used as a guide only.

Basic income to meet your family's needs

Here is the basic gross annual income required for each member of your group to meet their own family's basic needs.

The amounts are in effect from January 1 to December 31, 2024. They are adjusted on January 1 of each year.

Basic income to support your family according to its composition
Total number of members of your family
(including yourself) 
Basic gross annual
income required
1$28,242
2$38,124
3$47,068
4$54,135
5$60,250
Add $6,115 per additional dependent.

Additional amount to meet the needs of the sponsored person 

Your group must also demonstrate it has the additional amount required to provide for the basic needs of the sponsored person, of the family members who accompany that person and of those who do not. 

The financial resources of all the members of your group must be equal to or greater than the amount indicated. In addition, when submitting an undertaking application, each member of the group must declare the amount of the financial contribution to which they are committing, if any.

The total income of all the members of your group must be equal to or greater than the amount indicated.

The amounts are in effect from January 1 to December 31, 2024. They are adjusted on January 1 of each year.

They vary according to the number and age of the persons concerned by your undertaking application.

Additional amount if you sponsor one or more persons under the age of 18

Number of people
18 or older

Number of people under
18 years of age
Gross annual amount required
of all members of the group
01$9,776 
02$15,493
Add $5,166 per additional person under 18 years of age. 
Additional amount if one of the people you sponsor is 18 years of age or older
Number of people
18 or older 
Number of people under
18 years of age
 
Gross annual amount required
of all members of the group
10$20,657
11$27,755
12$31,341
Add $3,582 per additional person under 18 years of age.
Additional amount if at least 2 of the people you sponsor are 18 years of age or older
Number of people
18 or older

Number of people under
18 years of age

Gross annual amount required
of all members of the group
20$30,294
21$33,935
22$36,634
Add $2,689 per person under 18 years of age and $9,630 per person 18 or older.

Financial capacity for a legal person

You must demonstrate you have the annual amount required to meet the basic needs of the person you sponsor and those of the family members who accompany that person.

You will have to demonstrate that you have sufficient financial capacity when submitting your undertaking application.

The amounts are in effect from January 1 to December 31, 2024. They are adjusted on January 1 of each year.

They vary depending on the person you sponsor and their family members. 

Additional amount if you sponsor one or more persons under the age of 18
Number of people
18 or older:
Number of people under
18 years of age:
Amount of basic needs
for one year
 
01$7,541
12$11,312
Add $3,771 per additional person under 18 years of age.
Additional amount if one of the people you sponsor is 18 years of age or older
Number of people
18 or older:
Number of people under
18 years of age:
Amount of basic needs
for one year
10$15,078
11$20,265
12$22,874
Add $2,609 per additional person under 18 years of age.
Additional amount if at least 2 of the people you sponsor are 18 years of age or older
Number of people
18 or older:

Number of people under
18 years of age:

Amount of basic needs
for one year
20$22,115
21$24,773
22$26,737
Add $1,965 per person under 18 years of age and $7,031 per person 18 or older.

Contact the ministère de l'Immigration, de la Francisation et de l'Intégration

Last update: December 19, 2023

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