How much does it cost to sponsor your parents? This is a question that many individuals with family members living abroad seek answers to. Sponsoring parents to come to Canada is a significant step that requires careful consideration of financial implications. Understanding the costs involved can help you make an informed decision and ensure a smooth process.
Sponsoring your parents in Canada involves several key components, each contributing to the overall cost. The first and most significant cost is the application fee for the sponsorship itself. As of 2023, the sponsorship application fee for parents and grandparent super visa applicants is CAD 9,665. This fee is non-refundable and must be paid in full before the application process can begin.
In addition to the application fee, there are other expenses to consider. One of the most crucial aspects is the minimum necessary income requirement. The sponsor must demonstrate that they have a certain level of income to support their parents. This income requirement is determined based on the number of family members being sponsored. For each sponsored parent, the minimum necessary income is CAD 22,580. It’s important to note that this amount increases annually and varies depending on the number of family members in the sponsor’s household.
To meet the income requirement, the sponsor may need to provide tax returns and other financial documents. If the sponsor is unable to meet the minimum income requirement on their own, they may need to include the income of a spouse or common-law partner. In some cases, it may also be possible to include the income of other family members, such as children over 22 years of age or other relatives living in the same household.
Another important expense to consider is the cost of medical examinations. All sponsored parents must undergo a medical examination to ensure they are in good health before they can be granted permanent residence. The cost of these examinations varies depending on the country where the examination takes place, but it generally ranges from CAD 200 to CAD 300 per person.
Furthermore, there are other related costs that may arise during the sponsorship process. These include travel expenses, such as airfare for the sponsored parents to come to Canada, as well as costs associated with finding suitable accommodation and settling in. Additionally, there may be expenses related to legal fees, if you choose to hire a lawyer to assist with the sponsorship application.
In conclusion, the cost of sponsoring your parents in Canada can be significant, with the application fee being the most substantial expense. However, it’s important to remember that the emotional and personal benefits of reuniting with your parents far outweigh the financial investment. By carefully planning and budgeting, you can ensure a successful sponsorship process and help your parents start a new chapter in their lives in Canada.
