I-864 - Assets but no income

[Dbkrantz 16]

Dear all,

I have a question for all of you. I don't have an income as I just finished my studies and I am currently looking for work.

That being said, I do have assets from inheritance, that I put in savings. My savings account are in France and in the UK, so in euros and in pounds. Although I am not quite sure how much I have in dollars right now but I would think I have about 80,000 dollars.

Does that count for the affidavit of support? Even if the money is in France / UK? How much money do I need to 'show' I have? How do I prove it to them?

And, does that mean I can be the only sponsor, or should I still ask my uncle to fill in the affidavit as well?

As mentionned before, I am trying to put together steps to "re-establish" domicile and will try to open a savings account in the US. Other detail: I have never filed US tax returns because I never had any income.

Any help / guidance on the issue would be great,

many thanks,

[bob.sansmal 14]

Please have a look here: http://www.visajourney.com/content/support

for some better guidance on this than I could give.

Anyone, please correct me if I've got this wrong...

2013 poverty level income is (I think) $19,388. So the income requirement should be $24,172.50/year

Since the time horizon is, I think, 5 years, you'd need assets of $120,862.50 in order to get around the income requirement

[lost_at_sea 995]

Please have a look here: http://www.visajourney.com/content/support

for some better guidance on this than I could give.

Anyone, please correct me if I've got this wrong...

2013 poverty level income is (I think) $19,388. So the income requirement should be $24,172.50/year

Since the time horizon is, I think, 5 years, you'd need assets of $120,862.50 in order to get around the income requirement

I thought it was only x3 for spouses?

http://travel.state.gov/visa/immigrants/info/info_3183.html#22

So would it be $19,388 x 3 required?

Or $24,172.50 x 3? Not sure where you derive that $24k from...

Edited July 20, 2013 by lost_at_sea

[bob.sansmal 14]

from what I've read the requirement for marriage visas is supposed to be 125% poverty level, and 19,388 * 1.25 = 24,172.5

Edited July 20, 2013 by bob.sansmal

[lost_at_sea 995]

from what I've read the requirement for marriage visas is supposed to be 125% poverty level, and 19,388 * 1.25 = 24,172.5

Yeah, it is, but the $19k IS 125% already. Here's the PDF. First col is 100%, second lists the 125% value.

http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=73c63591ec04d010VgnVCM10000048f3d6a1RCRD

[bob.sansmal 14]

Ah, you are right of course!

Still, I'm confused. From the USCIS link you supplied earlier:

What Cash Value of Assets is Needed?

The total net value of assets, less liens and liabilities against them, must equal five times the difference between the sponsor's income and 125% of the poverty level for the household size

Sponsors of spouses and children of U.S. citizens must only prove assets valued at three times the difference between the poverty guideline and actual household income.

So, now what situation requires 5x assets, since it sounds like spouses only have to prove 3x? Would that be for, in-laws, etc?

[lost_at_sea 995]

Ah, you are right of course!

Still, I'm confused. From the USCIS link you supplied earlier:

So, now what situation requires 5x assets, since it sounds like spouses only have to prove 3x? Would that be for, in-laws, etc?

I don't know, I assume so. But it says 3 x for spouse and children.

Every other kind would be 5x, including k1. I assume a sibling or parent would be 5x, from that page.

Edited July 20, 2013 by lost_at_sea

[himher 634]

Dear all,

I have a question for all of you. I don't have an income as I just finished my studies and I am currently looking for work.

That being said, I do have assets from inheritance, that I put in savings. My savings account are in France and in the UK, so in euros and in pounds. Although I am not quite sure how much I have in dollars right now but I would think I have about 80,000 dollars.

Does that count for the affidavit of support? Even if the money is in France / UK? How much money do I need to 'show' I have? How do I prove it to them?

And, does that mean I can be the only sponsor, or should I still ask my uncle to fill in the affidavit as well?

As mentionned before, I am trying to put together steps to "re-establish" domicile and will try to open a savings account in the US. Other detail: I have never filed US tax returns because I never had any income.

Any help / guidance on the issue would be great,

many thanks,

We did it on assets only. The USC needs to show at least 3X cash or cash-equivalent assets based on family size.

Ours were in the US. Dunno if that makes a difference but it did add to my (USC) pile of "US residence" proof. We just brought bank/401K statements for proof of assets.

The requirement is 5X for the INTENDING IMMIGRANTS assets, not the USC's

Edited July 20, 2013 by himher

[Dbkrantz 16]

Ahhhh! So I only need to prove 3X that for my husband?? oh that's really really good news then!! Apparently, from what I heard, it doesn't matter where the money is as long as the country doesn't operate restrictions!!!

So I do have enough money ! Whoop whoop!! I calculated everything and I have about 72,000 dollars. Is that too close and risk rejection or should I be safe and ask for a joint-sponsor?

[himher 634]

Ahhhh! So I only need to prove 3X that for my husband?? oh that's really really good news then!! Apparently, from what I heard, it doesn't matter where the money is as long as the country doesn't operate restrictions!!!

So I do have enough money ! Whoop whoop!! I calculated everything and I have about 72,000 dollars. Is that too close and risk rejection or should I be safe and ask for a joint-sponsor?

A joint sponsor would be a slam dunk but according to the rules as spelled out your case meets the requirements

[Dbkrantz 16]

Well, I don't want to add too much work to my uncle. I think I will call my immigration lawyer tomorrow to see what she recommends and take it from here.

If I do decide to do it on assets alone, I will print out every 'rule" there is in case they want to reject me!

[Confusedtinybird 41]

I thought I read this somewhere that the funds had to be in a US account? Does anyone else know about this?

[Nich-Nick 3,354]

I thought I read this somewhere that the funds had to be in a US account? Does anyone else know about this?

I've seen when the foreign beneficiary spouse was asked to show how they intended to get the funds to the US. I suppose that could happen when the sponsor lives abroad and has funds that have not been moved to the US.

[kayleighanddanny 7]

"

• The assets must be convertible to cash within 12 months
• The applicant must show that the assets can be removed from the country where they are located. Many countries have limits on cash or liquid assets that can removed from the country
• The net value of assets is at least five times the difference between the sponsor's income and 125 percent of the poverty guideline for the household size"

http://travel.state.gov/visa/immigrants/info/info_3183.html#6

[austex 42]

When I went for my interview they told me that property guideline is US income/assets they told me I needed 5 times because my husband (USC) live here in Australia with me and our money was classed as foreign income because my husband didnt have a job with US income. So we used the sale of our house.

And no your money doesn't have to be in a US bank account. As long as you do have the amount of money you need I. US dollars.

That is what they told me at the Consulate in Sydney.. so I am making this up or reading it somewhere

M.