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Using assets on I-864

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Filed: IR-1/CR-1 Visa Country: Scotland
Timeline

Anyone here use mainly assets for their I-864? I am a full time student(USC) sponsoring for my wife on F1, I dont have any income at all nor do I have any assets. I am using my mother as a joint sponsor but she barely makes half of the poverty level for 4 persons.

We are thinking of using her bank account as assets. Do we need to send statements from the last 12 months with the I-864? I know the old I-864 form required it, but the new one doesnt mention it anywhere.

Thanks

I-751 Timeline:

05/06/2012: Window Opens

05/03/2012: Mailed out Package

05/11/2012: Received NOA-1 (dated 05/07/2012)

06/19/2012: Biometrics Appointment

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Sponsors of immediate relative spouses and children of U.S. citizens must only show assets in the amount of three times the difference between the poverty guideline and actual household income.

[/url]What can be used as assets?

Assets can be savings, stocks, bonds and property. They must be easily converted to cash.

Source

You would need bank statements, a letter from the bank showing the amount on hand.

Basically, you would have to prove the assets.

How many people is you Mom sponsoring? you said 4, but I only see your wife as the immigrant needing it.

(are you doing the count correctly?)

My Advice is usually based on "Worst Case Scenario" and what is written in the rules/laws/instructions. That is the way I roll... -Protect your Status - file before your I-94 expires.

WARNING: Phrases in this post may sound meaner than they were intended to be. Read the Adjudicator's Field Manual from USCIS

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Filed: IR-1/CR-1 Visa Country: Vietnam
Timeline

The instructions for the I-864 give very good information regarding the valuation of assets.

Also check this FAQ for the I-864 from the State Dept. website > http://travel.state.gov/visa/immigrants/info/info_3183.html#_Assets

If mom's annualized income is half of the amount required for a household of 4 ( $27,562 / 2 = 13,781 ) then she would need 3 times the 13,781 shortfall ( 3 x 13,781 = $41,343 ) in liquid assets.

I-864 Affidavit of Support FAQ -->> https://travel.state.gov/content/visas/en/immigrate/immigrant-process/documents/support/i-864-frequently-asked-questions.html

FOREIGN INCOME REPORTING & TAX FILING -->> https://www.irs.gov/publications/p54/ch01.html#en_US_2015_publink100047318

CALL THIS NUMBER TO ORDER IRS TAX TRANSCRIPTS >> 800-908-9946

PLEASE READ THE GUIDES -->> Link to Visa Journey Guides

MULTI ENTRY SPOUSE VISA TO VN -->>Link to Visa Exemption for Vietnamese Residents Overseas & Their Spouses

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Filed: IR-1/CR-1 Visa Country: Scotland
Timeline

Also I just changed my address last month after I got married and my W2 form that I used to file my income tax has my old address. Will that be a problem?

I-751 Timeline:

05/06/2012: Window Opens

05/03/2012: Mailed out Package

05/11/2012: Received NOA-1 (dated 05/07/2012)

06/19/2012: Biometrics Appointment

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Also I just changed my address last month after I got married and my W2 form that I used to file my income tax has my old address. Will that be a problem?

It should not be.

My Advice is usually based on "Worst Case Scenario" and what is written in the rules/laws/instructions. That is the way I roll... -Protect your Status - file before your I-94 expires.

WARNING: Phrases in this post may sound meaner than they were intended to be. Read the Adjudicator's Field Manual from USCIS

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