Affadivit of Support Income question

[Pete and Katelyn 0]

I'm currently preparing for an upcoming interview in Montreal for the K1 visa and have a question regarding the needed income level on the Affadivit of Support form.

My fiance has currently headed back to college for an extra year so she has very little income at all. We asked her mother to be a co-sponsor which she agreed to. Reading around I've found that people recommend your sponsor has an income that is 125% the poverty line - her mother has an interesting situation in that she makes $20,000 a year from the family business but has no mortgage (lives in a house built for her by her parents) and has no car payments (again, bought for her as part of working for the family business, including insurance and any gas) - health care is also provided through the family business. So even though her income doesn't add up to 125% above the poverty line she financially has very little burden due to mortgage, a fully paid off car, free health coverage and not even having to pay for gas.

Do people think this would be taken into account at the interview or is it a straight case of having to be 125% above the poverty line? She has two dependents and no husband around so its just her income.

Thanks for any insight or help on this one.

Pete

[Anh map 2,098]

For a household of 4 (mom, 2 dependents, and the intending immigrant) the 125% Poverty amount for 2009 is 27,562. To meet the minimum the co-sponsor would have to show liquid assets of 3x the difference (7562 x 3= 22,686) in addition to the 20K income. For asset valuation instructions see the I-864 instructions page 8 (I-134 really doesn't tell you much).

Edited December 17, 2009 by Anh map

[Pete and Katelyn 0]

For a household of 4 (mom, 2 dependents, and the intending immigrant) the 125% Poverty amount for 2009 is 27,562. To meet the minimum the co-sponsor would have to show liquid assets of 3x the difference (7562 x 3= 22,686) in addition to the 20K income. For asset valuation instructions see the I-864 instructions page 8 (I-134 really doesn't tell you much).

Thanks for the help! I read the instructions and wanted to double check if things like savings accounts, bonds and other such financial assets are counted as assets? The instructions simply mentioned material assets like property, cars etc.

[Anh map 2,098]

anything with a value is an asset. Financial assets, cash savings, and bonds are closest to liquid cash.