Poverty guidelines and showing the money/Assests

[Emerald 0]

I thought a joint sponsor had to be related to you for some reason. Thats why i was stressing out big time as hubbies family really arn't that helpful or understanding of this process. They think it's a bit of a joke and the US gov will just accept waht you tell them.

This is a HUGE relief as we can rely on hubbies best mate and his wife rather then my SIL and BIL, or can we use both?

WIth a joint sponsor do you have to do the x 3 thing?

Thanks for your patience.

Where did my post get moved too????

Ah, well that *would* be a relief, to know that anyone who is willing and meets the requriements can be your Joint Sponsor.

So, you have a new candidate.

Get him a copy of the I-864 (send him the uscis.gov link) and have him start reading it.

If his income is sufficient for HIS household + you, you do not need an affidavit from the SIL/BIL crowd.

The 3X thinkg ONLY applies to you using your own assets. I would need to double check this, but I think you'll find that Joint Sponsors who want to use assets use 5X? At any rate, is Matey going to use Income or Assets?

PS: Your post was moved to the IR/CR Forum, which is a good place for it---more people to see it and contribute.

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

Edited October 26, 2006 by Emerald

[Yodrak 7]

Emerald,

A Joint Sponsor's household must be able to meet the financial requirements on its' own.

You can, however, have different Joint Sponsors for the different immigrants - one Joint Sponsor does not need to sponsor all 3 of you.

Yodrak

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

[Emerald 0]

Emerald,

A Joint Sponsor's household must be able to meet the financial requirements on its' own.

You can, however, have different Joint Sponsors for the different immigrants - one Joint Sponsor does not need to sponsor all 3 of you.

Yodrak

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

Yodrak,

So him and his wife won't meet the guidelines?

Are we better off getting just one of them, and then my BIL to do it? My bil apparently earns $30,000 USD with overtime, our friends earn $20,000USD each.

Or would we go with his mate that earns the $20,000USD and add his house as an asset?

[Yodrak 7]

Emerald,

The friend and his wife do meet the requirement, if they each earn $20,000 and they live in the same residence. The household income is $40,000.

So why did you do the math as $29,250 - $20,000 = $9,250 shortfall?

Yodrak

Emerald,

A Joint Sponsor's household must be able to meet the financial requirements on its' own.

You can, however, have different Joint Sponsors for the different immigrants - one Joint Sponsor does not need to sponsor all 3 of you.

Yodrak

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

Yodrak,

So him and his wife won't meet the guidelines?

Are we better off getting just one of them, and then my BIL to do it? My bil apparently earns $30,000 USD with overtime, our friends earn $20,000USD each.

Or would we go with his mate that earns the $20,000USD and add his house as an asset?

Edited October 26, 2006 by Yodrak

[meauxna 15]

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

Emerald, now you are ready for the Advanced part.

Matey and Matey's wife live together, aka in the same houshold. They can combine their incomes by adding I-864A to their I-864 (it is attached in the download).

The Matey household annual income is now $40, 000.

They need to show annual income of $29,250, so they are clear. They do not need to include their home equity or other assets.

Your Hubby is going to complete an I-864 with his+yours assets value.

[Emerald 0]

I just spoke to my hubbies best mates on the phone, but we have to call her back in an hour as the Dr was calling her as her kids are sick!!

Her and her husband are happy to joint sponsor me. They earn $20,000 each per year, and they have a morgage (yet to find out what the house is worth - what they owe on it) she will use this as an asset.

So to meet the poverty guidelines for 5 people is $29,250 (Best mate, mates wife, 2 x kids + me =5).

Now they earn $20,000 each, so does that mean that we have to make up the differance of the missiing amount per joint sponsor.

Ie: earn $20,000

so is it $29,250 - $20,000 = $9250

$9250 x 4 or 3??? gives me the differance in assets i need to show to help out.

Also if we have 2 joint sponsors only earning $20,000 each, do i have to show the differance in assets x 2.

Oh have a i confused anyone? Think i confused myself lol

Emerald, now you are ready for the Advanced part.

Matey and Matey's wife live together, aka in the same houshold. They can combine their incomes by adding I-864A to their I-864 (it is attached in the download).

The Matey household annual income is now $40, 000.

They need to show annual income of $29,250, so they are clear. They do not need to include their home equity or other assets.

Your Hubby is going to complete an I-864 with his+yours assets value.

Y- i thought if they didn't meet the guidelines then i had to make up the differance x 3 in assests. Think i confused myself there.

Oh excellent Meauxna, so their income can be combined as they live in the same house!!!! I'm relieved. Thanks heaps for that i now can relax lol

Thanks guys for your patience and help.

[a1angied 0]

Ok I have a question, I have enough income for the last two years but 2003 I did not make enough. i have changed my line of work 2 1/2 years ago and I am making good money now and I can get a letter from my employer that states I have a stable job and i have worked for him for 1 1/2 years. SO am I going to need a sponsor since in 2003 I didn't make enough. I have the transcripts from the IRS. Please any help is apprecaited.

[Yodrak 7]

a1angied,

You need to have an adequate income currently, and some indication that the current income is sustainable going forward.

Yodrak

Ok I have a question, I have enough income for the last two years but 2003 I did not make enough. i have changed my line of work 2 1/2 years ago and I am making good money now and I can get a letter from my employer that states I have a stable job and i have worked for him for 1 1/2 years. SO am I going to need a sponsor since in 2003 I didn't make enough. I have the transcripts from the IRS. Please any help is apprecaited.

[a1angied 0]

Thank you so much for your help. I was hoping I could do it myself so I can use the EZ184. I am just getting really excited and I know I need to slow down as the process will wear me out. Thanks again!