Do I need a co-sponsor?

[kmg617 26]

I've been a graduate student the last 3 years and finally snagged a great position that has a salary well above the 125% poverty line. Do I need a co-sponsor if my taxes from the last 3 years do not indicate much income (even though I will have significant income now)?

Thanks!

[speedwell 224]

I've been a graduate student the last 3 years and finally snagged a great position that has a salary well above the 125% poverty line. Do I need a co-sponsor if my taxes from the last 3 years do not indicate much income (even though I will have significant income now)?

Thanks!

You had best do so because they will look for consistent income, not just current income. It's fantastic you have a great job! That will make it easier to convince your joint sponsor that their role will likely be just a formality.

You may avoid the need for a joint sponsor if your liquid assets (i.e. your cash and what you can sell immediately to raise cash for living expenses) total MORE THAN 3 times the difference between your income and the required income for your household size. Do not attempt to use your primary residence as an asset for this purpose, or your primary car.

Edited April 27, 2013 by speedwell