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Quebec to increase financial support requirements and application fee

Quebec is soon going to increase its financial support requirements and application fee structure for the coming year based on the changes in the province’s average Consumer Price Index. From January 1, 2020, an increase will be seen in the required settlement funds and financial capacity amounts for sponsors in the province.

This increased rate is going to leave its impact on the following parameters that include the financial capacity of:

  1. Quebec residents wish to go for family reunification within the group sponsorship program,
  2. Internation people wish to study in Quebec and accompany their family members,
  3. The financial resources needed to assess the financial self-sufficiency of Quebec Skilled Worker Program candidates, self-employed workers, entrepreneurs in Streams One and Two, and the Quebec Experience Program.
Related Link : Check the process of Quebec Permanent Residency 

New sponsorship income requirements

To sponsor a family member for permanent residency in Quebec, sponsors have to assure that they have attained a specified gross income over one year. The income requirements entirely based on the number of family members who are on the list of a sponsor, and how many people are being sponsored. Go through the below-given table showing the annunal income of the sponsor based on the number of people in the family.

Size of Family Unit2019 basic annual income required2020 basic annual income required
1 person$23,855$24,296
2 persons$32,241$32,796
3 persons$39,806$40,491
4 persons$45,782$46,569
5 persons$50,953$51,829
More than 5 persons, for each additional person, add$5,171$5,260

In addition to this required basic annual income, sponsors will also need income to satisfy the needs of the people they are bringing into Quebec.

Principal applicants should add the figures below that match their situation to the relevant figure in the chart above. The sum will determine how much income they need annually in order to qualify for sponsorship.

Related Link : What is the process of Quebec Skilled Worker Program (qswp)
2020 Additional income required of the sponsor to satisfy the basic needs of the sponsored person and his or her family members
Number of persons 18 years of age or overNumber of persons under 18 yearsGross annual income required of the sponsor
1$8,409
2$13,328
The gross annual income required increases by $4,444 for each additional person under 18 years of age.
Number of persons 18 years of age or overNumber of persons under 18 yearsGross annual income required of the sponsor
1$17,770
11$23,876
12$26,960
The gross annual income required increases by $3,082 for each additional person under 18 years of age.
Number of persons 18 years of age or overNumber of persons under 18 yearsGross annual income required of the sponsor
2$26,060
21$29,192
22$31,515
The gross annual income required increases by $2,313 for each additional person under 18 years of age and by $8,285 for each additional person 18 years of age or over.
Related Link : Calculate your points on Quebec Immigration Points Calculator

Settlement funds

As per the new updates by the Quebec Government, the sponsors must have required funds available for three months after the arrival of the sponsored family members. The below-given table has new amounts that are going to be in effect from January 1, 2019.

One adultTwo adults
No child$3,243$4,756
One child (under 18)$4,358$5,328
Two children (under 18)$4,919$5,750
Three children (under 18)$5,481$6,173

New application processing fees

Fees should be paid in Canadian currency to process application for Quebec permanent residency. The primary applicant has to pay $812 for the visa application and $174 for every additional family member that is included in the application.

For availing more information about Quebec Immigration news and updates, call on Toll-free number +91-7042184185 or send your queries at info@makevisas.com.