The cost of sponsorship is determined by Immigration Canada. The forecasted financial liability varies by family size and assumes a two-year processing time. Since we are not provided with any forward visibility to the cost of sponsorship, we have applied a 5% compounded annual increase to the current cost of sponsorship.
Estimated Liability for Cases Submitted in 2021 (Expected 2023 Arrival)
Family Size Estimated Liability
7 or more, for each additional member, add $1,500
"Financial Deposit: For cases that have dependent adults as unmarried children age 16 or older and less than 22 years of age, at the time of submission to IRCC, each dependent adult will be treated as part of a family unit.$18,300 is required for each dependent adult. Please adjust the financial requirement for the remaining members of the family accordingly.
Immigration Forms: Any family with dependent adults as unmarried children 16 years of age or older but less than the age of 22 will be treated as one case.