Family Sponsored in 2011 - Impact of New Rules

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cgt1909

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Family Sponsored in 2011 - Impact of New Rules
« on: May 06, 2014, 10:58:26 AM »
Hello,

I sponsored my family in 2011 but I have since had a child. When they reassess my file will they use LICO or LICO + 30% (New rules) for the financial assessment?

Thanks

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Riley Haas

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Re: Family Sponsored in 2011 - Impact of New Rules
« Reply #1 on: May 06, 2014, 11:09:16 AM »
Just to double check, when you say your family you're talking about your parents or grandparents, correct?
In that case, you should still be considered under the old LICO but the child will raise your annual income requirement to $46,850 (if your family includes you, your spouse, your child and your two parents).
Does that help?

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cgt1909

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Re: Family Sponsored in 2011 - Impact of New Rules
« Reply #2 on: May 06, 2014, 11:59:08 AM »
Yes I am talking about Parents.

So with 5 people in total the income requirement would be $46,850? Are you aware of any communication from CIC on whether the new income requirements will apply to old cases? I have heard contradictory information about this.

Thanks so much!

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Riley Haas

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Re: Family Sponsored in 2011 - Impact of New Rules
« Reply #3 on: May 06, 2014, 12:03:22 PM »
Hi again,
I have spoken to one of our RICs and he says that no, the new income requirements should not apply to the old applications.

Riley

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cgt1909

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Re: Family Sponsored in 2011 - Impact of New Rules
« Reply #4 on: May 06, 2014, 12:25:02 PM »
Thanks for your reply.

Wouldn't the requirement be 49,839 per this link http://www.cic.gc.ca/english/information/applications/guides/5482Eguide.asp as they are reassessing this year?

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Riley Haas

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Re: Family Sponsored in 2011 - Impact of New Rules
« Reply #5 on: May 06, 2014, 01:24:49 PM »
Since you applied in 2011, the pre-2012 rules should apply. At the bottom of this procedure manual there is a chart which shows those old rates:
http://www.cic.gc.ca/english/resources/manuals/ip/ip02-eng.pdf

 

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