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sammiek

can i leave on a K1 visa and still keep a mortagaged house back home?

By sammiek in K-1 Fiance(e) Visa Process & Procedures

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sammiek Rookie

sammiek   0

Posted
Filed: Timeline
Posted

Hi,

I'm going through the K1 visa application atm and am just waiting for the interview to be scheduled. I was wondering if anyone else has been in the same situation as I. I have a house with a mortgage on it that I am planning to rent out whilst I live in the sates. Is this acceptable seeing as I will be mirgrating to the US to live with my wife. Has anyone gone to the US and kept properties back home?

If anyone could shed some light about this situation as I wouldn't want anything holding me back whilst in the process of migrating to be with my wife.

thanks in advance,

sammie

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Ian H. Proficient

Ian H.   207

Posted
Filed: IR-1/CR-1 Visa Country: Dominican Republic
 Timeline
Posted

Hi,

Yes. You can keep whatever property you wish. There is no requirement that you have to sell or give up property in your country in order to live here.

Just be aware that if you receive any rental income or have other foreign assets, income, or accounts you may be required to report them to the IRS when you file your taxes.

This does not constitute legal advice.

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clairegie Proficient

clairegie   265

Posted
Filed: Citizen (pnd) Country: Philippines
 Timeline
Posted

Yes, keeping it is perfectly fine.

You should probably practice calling her your fiancee and not your wife, specially since you're about to do your interview.

My timeline: http://www.visajourney.com/timeline/profile.php?cfl=0&id=163489

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baron555 Veteran

baron555   934

Posted
Filed: AOS (apr) Country: Kenya
 Timeline
Posted

Hi,

Yes. You can keep whatever property you wish. There is no requirement that you have to sell or give up property in your country in order to live here.

Just be aware that if you receive any rental income or have other foreign assets, income, or accounts you may be required to report them to the IRS when you file your taxes.

Correct

Phil (Lockport, near Chicago) and Alla (Lobnya, near Moscow)

As of Dec 7, 2009, now Zero miles apart (literally)!

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d3adc0d3 Rising Star

d3adc0d3   186

Posted
Filed: AOS (apr) Country: Argentina
 Timeline
Posted

Also, I'd recommend contacting several contracting companies, plumbers, electricians, and landscapers in the area and set up contracts with them to maintain the home. You can also rent your home as a vacation rental, if you contact a real estate or search online for a company who rents out apartments/houses for vacation rentals you can set up a contract with them, most of them already have maintenance workers. They can handle the day-to-day management of your home.

You'll want to make sure that despite your absence you're still following any landlord-tenant laws, and that your property is not being mistreated.

Good luck.

~ Don't forget to 'Vote Up' useful advice from others ~

K1 Visa Journey [April 11, 2013 - August 31, 2014]
[2014-09-20] !!! WEDDING !!!
[2014-09-22] Applied for SSN
[2014-09-26] Marriage License in Snail Mail
[2014-10-22] Notification of SSC in mail, will arrive "within 2 weeks"
[2014-10-27] SSC Arrived!

2015-04-30] Mailed AOS Package!
[2015-06-16] EAD Approved!
[2015-06-16] AP Approved!
[2015-06-23] EAD/AP Card Received!

[2015-10-02] AOS Approved (No Interview)!

[2015-10-07] Greencard Mailed

[2015-10-09] Approval Notice Recieved

[2015-10-09] Greencard Recieved!

I used RapidVisa for my petition; a paperwork service. A K1 is $375.00 to use their hassle-free online application system.

Useful Links:
Igor's List | Advanced Search Tool | Q&A With a Former USCIS Adjudicator
Visa Status Checker (Once you get a Case # from NVC) | Offical USCIS Reasons for a K1 Denial

The advice offered by this user is not legal advice. You should contact an attorney to obtain legal advice.

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