Canada reduces 2020 minimum income to sponsor parents and grandparents
October 13, 2020
Immigration, Refugees and Citizenship Canada (IRCC) has released new minimum income requirements to sponsor parents and grandparents. IRCC has reduced the income requirement for the 2020 tax year to the minimum necessary income in recognition that many potential parent and grandparent sponsors may have been financially impacted by the exceptional circumstances of the coronavirus pandemic.
Previously on October 5, 2020 IRCC announced new details for the opening of the 2020 Parents and Grandparents Program (PGP). A three-week window for the submission of a PGP interest to sponsor form will open at noon EDT on October 13, 2020, closing again at noon EST on November 3, 2020. IRCC will accept up to 10,000 applications for the 2020 PGP and will open another intake period in 2021 for up to 30,000 applications.
IRCC will randomly select potential sponsors and invite them to submit an application. Sponsors who receive invitations will have 60 days to submit your completed sponsorship application.
How much income do I need to sponsor my parents and grandparents?
You may pre-qualify for a Canada immigration program.
The income requirement for the 2020 tax year have been reduced to the minimum necessary income in the table below, instead of the minimum necessary income plus 30%.
If you’re invited to apply, you have to provide proof that you meet the income requirements for each of the 3 tax years before the date you apply.
IRCC can’t assess whether you meet the income requirements until you apply (if you’re invited).
Note: Because the program has opened later than usual this year, sponsors will be invited to apply near the end of the year so IRCC expects to get applications in early 2021 (likely January and February). Because of this, IRCC will assess sponsors on their income for tax years 2020, 2019 and 2018.
IRCC says they are aware that you may not get your 2020 Notice of Assessment (NOA) until after you apply. So, for the 2020 process, IRCC will accept your application if you include your 2019 and 2018 NOAs along with it, and submit your 2020 NOA as soon as it’s available.
Income required for the 3 tax years right before the day you apply (sponsors applying in 2021)
The table below applies to you if you live in any province except Quebec. If you live in Quebec, the Quebec ministry in charge of immigration will assess your income.
Total number of people you’ll be responsible for
If more than 7 people, for each additional person, add: