Question about assets, and a nice trade

[Slithytoves 0]

We have decided to pursue a K-3 since they seem to be picking up the pace a bit, and will return for a CR-1. We're very early in the process but looking ahead.

My husband has a considerable savings in his account at home in the UK, and we're wondering if it would be better housed where it is for the duration of the visa process, or if it would be wiser to have it here in our US joint account. On one hand we thought it might look good for him to show he had something to bring with him to get started on, and on the other we thought it might look better for him to beef up our joint assets here in the States. We could drive ourselves mad trying to guess and second-guess, so we're asking for help. Which do you think would look best for our case?

For your kind responses, an critical link for those who will soon be living in the US:

http://www.britishbacon.com/britishbacon.htm

Highly recommended!

[Tim and Bethanie 1]

IMO that depends on your income and if you can show sponsorship without assets. If you need to use assets it might be wise to put a portion of it on your joint account. I don't remember where or if it came up what the beneficiary has. They simply ask what type of work the beneficiary intends on doing once in the U.S. Best of luck!

[Lansbury 19]

My husband has a considerable savings in his account at home in the UK, and we're wondering if it would be better housed where it is for the duration of the visa process, or if it would be wiser to have it here in our US joint account.

Two considerations.

1) The exchange rate, very good at the moment I have just transferred a large sum at $1.88 to the pound. Do you feel lucky and expect the exchange rate to go up?

2) Where will the money earn the best rate of interest. Not a lot of difference either side of the pond at the moment.