Co Sponcer Requirements and what would it mean for them??

[londonhornet 0]

Hello Everyone,

Thank you so much for all the advice everyone has given us so far. But now we have another question. Since we have pretty much come to the conclusion that we are definitly going to have a Co Sponsor. I was wondering if someone could tell us what we need to know about what the requierements are and what it would mean for that person? My mom is an an option but she doesn't make too much, her BF is the one who provides most for them but they aren't married. I was also thinking of my best friend, who has a stable job and is not married, so would not have to worry about a joint sponsor. Thing is I know its a big thing to ask and I need to be able to explain in detail what it would mean for who ever I ask. What risks are they taking in being a Co Sponsor? Sorry if this sounds silly but we really just need to be able to explain to who ever is gonna do us the HUGE favor.

Any info would be greatly appreciated. Thank you!!

[rebeccajo 14]

The sponsor or co-sponsor needs to be residing in the US and either a permanent resident or US citizen.

[Mand 1]

The way we're explaining it (in basic terms) is that it's like they are a guarantor on a loan with my husband. The Govt need to know that I will not claim benefits in the US and be a burden to them and if I somehow do, that my sponsor and joint sponsor are both required to pay that money back.

[Anh map 2,098]

Here is the link to the I-864 page on the USCIS website I-864 Link

Have the potential cosponsor look over the form and the contract that they will be signing. That should help them to understand.

It's not about being responsible for paying the immigrant's rent, credit cards, car payment, etc. It is indemnifying the government should the immigrant use "Means Tested Benefits." Divorce does not end the responsibility. The co-sponsor is 2nd in line after the petitioner/primary sponsor.

[londonhornet 0]

Here is the link to the I-864 page on the USCIS website I-864 Link

Have the potential cosponsor look over the form and the contract that they will be signing. That should help them to understand.

It's not about being responsible for paying the immigrant's rent, credit cards, car payment, etc. It is indemnifying the government should the immigrant use "Means Tested Benefits." Divorce does not end the responsibility. The co-sponsor is 2nd in line after the petitioner/primary sponsor.

Thank you for the link. I def understand it much better now, and now that I had read it I think my mom will be able to sponsor because of her assets. Thank you again Feeling a bit more hopeful that we are gonna be able to do this after all.

[Anh map 2,098]

Assets are at a 3:1 ratio and subject to some evaluation by the CO. The catch all phrase "Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included" can be used to eliminate some assets.

Income and assets can be combined. So if the co-sponsor is just a few thousand short on income it shouldn't be a big deal to make it up with assets. If using only assets it may be an issue.

[txladykat 1]

If the co-sponsor is using assets, its a 5:1 ratio. 3:1 only applies to the spouse as a sponsor.