The Low-Income Cut-Off (LICO) is a measure used by the Canadian government to determine the minimum income required to support a family of a certain size. When it comes to the Super Visa, the sponsor (your child or grandchild) must have a certain income level that meets or exceeds the LICO requirement in order to be eligible to sponsor you.
To calculate the required income level, your child or grandchild will need to determine their family size, which includes themselves, their spouse or common-law partner, and any dependents they may have. They can use the table provided by the government to calculate their family size and the corresponding LICO amount that applies to them.
In the letter of invitation that your child or grandchild will provide, they will need to state their family size and their income level to demonstrate that they meet the LICO requirement. This is an important part of the Super Visa application process, as it ensures that the sponsor has the financial means to support you during your stay in Canada.
It’s important to note that the LICO amount changes every year, and the income required may vary depending on the number of people in the sponsor’s household. As such, it’s important to stay up-to-date with the current LICO requirements when applying for the Super Visa.