What financial criteria must be satisfied to qualify as a sponsor?
In order for you to be eligible to qualify as a sponsor, you must be able to prove that you meet the financial requirements. This means that as the sponsor you must meet the minimum necessary income or the low-income cut off known as LICO, for the appropriate size of your family. You must meet these requirements in order for you to be able to provide for the essential needs that the person you are wanting to sponsor has.
Are there any exceptions?
There are actually! The financial requirements are exempt if: