question about affidavit, just bought a house....

[mare333 0]

Here is the situation:

Im sponsoring my wife for CR1 visa.

I had about 110.000$ in my bank account and i was told that is enough for affidavit of support.

Now, i bought a house and my account shows only 20.000$.

I still have a recent bank statment showing 110.000$ . Because i just sent my I-130 i guess i will need affidavit of support only in 4-5 months from now,right?

So will they accept my "old" bank statment or thet must be recent one? or i can show even my title for the house? Does it count?

I also have last 3 tax return forms showing i made about 40.000$ each year. Im currently without job!

[canadian_wife 1,808]

Well, obviously since that $110K is not still in your bank account you cannot use the old statment which shows you still have it. That would not be truthful to submit the I-864 with a bank statement showing money in your account that you no longer have.

You'll need your tax returns, but you may also need a letter from your employer (we did) showing your job and income is are secure

Good luck

[mare333 0]

Well, obviously since that $110K is not still in your bank account you cannot use the old statment which shows you still have it. That would not be truthful to submit the I-864 with a bank statement showing money in your account that you no longer have.

You'll need your tax returns, but you may also need a letter from your employer (we did) showing your job and income is are secure

Good luck

Will the Title (house) help?

[Bobby+Umit 161]

Will the Title (house) help?

This should answer your questions...

What can be used as assets? Assets easily convertible to cash can be savings, stocks, bonds and property.

Not having a job may hurt you, you may want to line up a co-sponsor just in case.

[LotofPatience 65]

Will the Title (house) help?

dare888,

Bobby has given you some insight. Let me expand it.

When you prepare your AOS later, here is your scenario.

1) Asset - Bank deposit $20,000 (provide last 12 months statements at that point)

2) Asset - Home's equity $90,000 (need an appraisal from the licensed appraiser)

Total asset $110K. For AOS purpose 33.33% of this value which is around $36,600 will be counted.

If you are jobless this year, may be questionable, but may overcome as well based on the asset. If not, a joint sponser will be needed.

Loto