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Dbkrantz

I-864 - Assets but no income

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The link

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

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.

Sponsors of orphans who will acquire citizenship after admission to the United States must only prove assets equal to the difference between the poverty guideline and actual household income.

What can be used as assets?

Assets easily convertible to cash can be savings, stocks, bonds and property.

Can the immigrant visa applicant count assets that he or she owns that are outside the United States, such as real estate or personal property?

Yes, under the following conditions:

  • 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.

 

i don't get it.

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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.

That is not what they applied to our case in Saudi. We did not have 5X but we did have well over 3X.

If it is your assets (the applicant) it is 5X. If it is the USC's assets it is 3X. Again our assets were inside not outside of the US. Perhaps that is the reason.

Edited by himher

 

i don't get it.

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The link

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

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.

Sponsors of orphans who will acquire citizenship after admission to the United States must only prove assets equal to the difference between the poverty guideline and actual household income.

What can be used as assets?

Assets easily convertible to cash can be savings, stocks, bonds and property.

Can the immigrant visa applicant count assets that he or she owns that are outside the United States, such as real estate or personal property?

Yes, under the following conditions:

  • 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.

Okay, I am very confused by this link. It once says 3 times the 125% (because obviously I don't have income) and lower it says 5 times!

I don't have any cash limits in France or U.K. so that woudl not be a problem.

Edited by Dbkrantz

 

Spoiler

 

CR-1 visa by Direct Consular Filing in London:

July 01, 2013 Married in Wolfeboro, NH (before returning to U.K.)

July 10, 2013 I-130 sent

July 12, 2013 Notice of Receipt (NOA1)

July 22, 2013 NOA2 approved (10 days)

August 8, 2013 Packet 3 sent but never received.

August 15, 2013 Received case number after enquiry. Booked medical and sent packet 3 forms.

August 31, 2013 Medical

Sept 18, 2013 Packet 3 forms logged into the system

Sept 24, 2013 Packet 4 received (dated September 19)

October 4, 2013 Interview *approved*

October 9, 2013 Passport received

November 12, 2013 POE Los Angeles

November 22, 2013 Social Security Number received

December 20, 2013 Green Card received.

 

Removal of Conditions:

September 4, 2015 I-751 sent

September 8, 2015 NOA

October 8, 2015 Biometrics

April 22, 2016 Approved


 

 

N-400 Naturalization Application:

July 5, 2018 N-400 filed (online)

July 7, 2018 Biometrics appointment letter mailed

July 23, 2018 Biometrics Appointment

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Okay, I am very confused by this link. It once says 3 times the 125% (because obviously I don't have income) and lower it says 5 times!

I don't have any cash limits in France or U.K. so that woudl not be a problem.

The upper references the USC. The lower references the Immigrant Visa Applicant which is the non-USC.

 

i don't get it.

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Oh good point. Very good attention to detail! I didn't notice a thing.

So as a U.S. citizen I "just" need to prove that I have at least 3x the amount required. Well, I do at the moment. So I just need letters from the bank right?

 

Spoiler

 

CR-1 visa by Direct Consular Filing in London:

July 01, 2013 Married in Wolfeboro, NH (before returning to U.K.)

July 10, 2013 I-130 sent

July 12, 2013 Notice of Receipt (NOA1)

July 22, 2013 NOA2 approved (10 days)

August 8, 2013 Packet 3 sent but never received.

August 15, 2013 Received case number after enquiry. Booked medical and sent packet 3 forms.

August 31, 2013 Medical

Sept 18, 2013 Packet 3 forms logged into the system

Sept 24, 2013 Packet 4 received (dated September 19)

October 4, 2013 Interview *approved*

October 9, 2013 Passport received

November 12, 2013 POE Los Angeles

November 22, 2013 Social Security Number received

December 20, 2013 Green Card received.

 

Removal of Conditions:

September 4, 2015 I-751 sent

September 8, 2015 NOA

October 8, 2015 Biometrics

April 22, 2016 Approved


 

 

N-400 Naturalization Application:

July 5, 2018 N-400 filed (online)

July 7, 2018 Biometrics appointment letter mailed

July 23, 2018 Biometrics Appointment

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Oh good point. Very good attention to detail! I didn't notice a thing.

So as a U.S. citizen I "just" need to prove that I have at least 3x the amount required. Well, I do at the moment. So I just need letters from the bank right?

We filed DCF so that detail was relevant to our (and your) case. All I did was print out and attach bank statements to the I864.

Edited by himher

 

i don't get it.

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We filed DCF so that detail was relevant to our (and your) case. All I did was print out and attach bank statements to the I864.

Good. I will try to see what the "official way" of doing it is because I don't have any bank statements as of today.

Thanks a lot for your help!

 

Spoiler

 

CR-1 visa by Direct Consular Filing in London:

July 01, 2013 Married in Wolfeboro, NH (before returning to U.K.)

July 10, 2013 I-130 sent

July 12, 2013 Notice of Receipt (NOA1)

July 22, 2013 NOA2 approved (10 days)

August 8, 2013 Packet 3 sent but never received.

August 15, 2013 Received case number after enquiry. Booked medical and sent packet 3 forms.

August 31, 2013 Medical

Sept 18, 2013 Packet 3 forms logged into the system

Sept 24, 2013 Packet 4 received (dated September 19)

October 4, 2013 Interview *approved*

October 9, 2013 Passport received

November 12, 2013 POE Los Angeles

November 22, 2013 Social Security Number received

December 20, 2013 Green Card received.

 

Removal of Conditions:

September 4, 2015 I-751 sent

September 8, 2015 NOA

October 8, 2015 Biometrics

April 22, 2016 Approved


 

 

N-400 Naturalization Application:

July 5, 2018 N-400 filed (online)

July 7, 2018 Biometrics appointment letter mailed

July 23, 2018 Biometrics Appointment

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