When does gov. need to see financial records????

[sukrd 0]

When do you need to show financial statements? Do you need them when you send in your I-129F packet? OR do you need them after you receive your NOA2? From my reading at VJ it seems they are only needed after you get your NOA2. Is this correct?

From my 04 and 05 taxes I qualify. But, I have been starting a new business and show very little income so far for 06. I have been living off my savings. By the end of the year I should qualify. If I don't need to show my finances till later I would like to submit my I-129F in a couple of months. I see that California takes an average of 140 days till you receive your NOA2. So if I don't need to show my finances till 4-5 months after I send in the I-129F it would be good. Any comments to my above questions would be appreciated. Thanks, Kino

[Mew 0]

You'll need I-134 and supporting documents to be sent to your fiance in Brazil for her interview (after you've gotten NOA2, which will take a few months, according to the estimates for CSC). After NOA2, the case is sent to NVC. They'll run some security checks and assign a case number and then forward the petition to Rio.

More info about Rio: http://www.visajourney.com/consulates/inde...0De%20Janereiro

More info about I-134: http://www.visajourney.com/forums/index.php?showtopic=305

Edited September 11, 2006 by Mew

[Arazia 0]

You don't need to show proof of your income until the actual interview process begins (ie. after the NOA2). It is required for the embassy. BUT you will have to show at that time that you meet the requirements. Others have suggested that if you don't have six months of history above that poverty requirement, that you should look into a co-sponsor.

[sukrd 0]

Thanks for your responses! If I need 6 months above poverty line I may run into trouble. I have 1 contract now for my business. But I don't get paid until the real estate sells. $50 000. One of my new businesses is as a consultant. I have just registered another construction based business and hope to pick up some work within a month or so.

I don't think that I will have a problem with poverty guidelines for 06. But being a new business owner is a little tricky. It is not like I have pay stubs and the like to show the gov.

Any advise out there from self employed people?

[1HappyGuy 45]

If you will be using the 2006 information because of the delays in processing then you will need to be well prepared. I needed to provide bank statements for the previous 24 months showing that I had enough income from my business going into the bank. This is one of those times when getting cash isn't good. If you will have the opportunity to provide the financial information before the end of the year, then your tax returns will suffice. If the issue is not sufficient income, then you can also provide documentation showing sufficient assets that could be sold or used as collateral for loans which would provide enough funds for support. It might also depend upon your particular situation. I had a friend that showed very little income because his major income source was non-taxable disability. He attached a letter stating this fact with evidence of receipts of checks. Again, bank statements will help in this case.

You should check the income limits needed for your particular situation. You want to go to the USCIS web site and look up the Poverty Guidelines. Yeah, I know that sounds bad, but that is the basis they use for determining if you can provide for the ones you plan to bring in. The income limits are surprisingly low, but this again depends upon your individual situation. If you earn more than 18K a year, then you will not likely have any problems unless you are bringing in quite a number of kids too.

I hope this helps.

[sukrd 0]

1HAPPYGUY thaks for the advise. My businesses are brand NEW. So at the moment I have zero $ coming in. In Hawaii the minimum is like $20K, more than other states because the high cost of living. Anyway, by then I should meet the requirements from my contract with the real estate developer. The two previous years I meet the requirements from working for someone else. I am hoping that because the business is new the gov. does not hold that against me somehow, even though I would meet the requirments.

I am contemplating asking a friend to be a co-sponsor, just to be safe. I have hinted it to him, but not formally or seriously asked him. I get the feeling that he isn't too keen on the idea. We have been friends for 20 years, so I think if I asked him he wouldn't refuse. I hate asking people for favors, though.

[Yodrak 7]

kino,

The financial information is needed when the visa application is made to the consulate.

Yodrak

When do you need to show financial statements? Do you need them when you send in your I-129F packet? OR do you need them after you receive your NOA2? From my reading at VJ it seems they are only needed after you get your NOA2. Is this correct?

....Kino

[mozplay 29]

Kino,

Just some advice - because you will be processing through CSC you may have to wait a few months anyway until reaching the NOA2 stage. It takes some time to even get the initial paperwork in order. You can drag your heels when you get to the consular level and therefore prolonging the time needed to submit your financial records. Better to get started sooner than later as you never know what surprises you may encounter.

That's just my .02 cents.

Mo

[rosyanne 0]

Get that ready before interview... you can start as soon as your fiance(e) recieve package 3.

[Mew 0]

Get that ready before interview... you can start as soon as your fiance(e) recieve package 3.

If they ever do. In Brazil, it's possible to send the forms before getting packet 3 in the mail. So... kino can start as soon as they get the case at NVC, or even right after NOA2.

Edited September 12, 2006 by Mew

[Delhiguy 0]

Hi All,

1happy guy and anyone else who can reply,

This information is interesting and per your experience, I wanted to ask regarding my situation as well. My fiancee (USC) as a co-owner in a business for the past 4 years, has enough tax returns to show for the past 3 years, but not any real income in the bank, since she owned the company in conjunction with her Dad and although he did post a lot of tax on her name, she normally only had enough money for her expenses in her account so she we can't show bank accounts with a lot of income or savings. Do you think tax transcripts would be enough? She is not currently working, has just joined B-school, so we are adding a co-sponsor anyway......But still, can they ask for her bank accounts, although the co-sponsor alone already has enough income to show.....

We are currently planning to show only her tax transcripts, state that she is not really working now, and show all of the co-sponsor's papers including assets, bank account statements, tax transcripts, pay stubs, employee letter