I-864 - how are assets computed? (merged)

[LoveExile 27]

In my case my husband and I have joint accounts, so our cash assets are mingled. We really couldn't easily determine what money was "mine" because we consider all of it to be "ours". What happens when the names of both the USC and the intending immigrant are on the account?

if the foreiner is using their own assets or combining them with their USC spouse, the ratio is still 3 to 1

I will needing to be made aware of a direct source for this statement referring to use of assets of intending immigrant. It contradicts the posted source and it contradicts the application of the rules in regards to our own case.

The CO at the embassy told me that in order for me to use cash as a sponsor the assets had to be in an account with my name on it, otherwise they would apply the 5:1 rule to us. Based on the application of the rules to our case you are correct if the assets are combined in an account with the USC as a listed account holder and you are incorrect if the assets are in the intending immigrant's account.

[Penguin_ie 5,993]

Your name is on it, so you should be fine.

My husband and I also had joint accounts only, and that was accepted.

[pushbrk 12,898]

Your name is on it, so you should be fine.

My husband and I also had joint accounts only, and that was accepted.

Were your joint accounts in the US or abroad? Just a point of interest for clarification.

[Penguin_ie 5,993]

Joint account abroad, and joint deeds to home in the USA. My husband also had a account just in his name in the USA, but it was newly opened as he closed his old one when he moved to Ireland.

[LoveExile 27]

Your name is on it, so you should be fine.

My husband and I also had joint accounts only, and that was accepted.

Thanks! I suppose worst-case-scenario is that I transfer the bulk of our saving to my U.S. account that I had before we met. It might actually be a good idea to transfer the funds to the U.S. as more evidence of intention to repatriate.

[pushbrk 12,898]

Yes, that's a good idea.

[Penguin_ie 5,993]

Yes, transfering will make the COs more comfortable with the assets, that is a good idea.

[LoveExile 27]

When looking at my assets for the I-864, will they also take into account mine and my husband's economic viability? We will have about 5 times the poverty limit saved in cash by the time of the interview, plus we both have Master's degrees (my husband has two), we are 31 years old, in good health, and have about 7 to 10 years of working experience each. My husband speaks fluent German, English, and French on top of everything else. I think this makes us a safe bet to be able to find viable employment fairly quickly.

Will these facts make a consular officer more comfortable approving the immigration visa without either of us having U.S. jobs at the time, or do they only really care about the numbers?

[pushbrk 12,898]

When looking at my assets for the I-864, will they also take into account mine and my husband's economic viability? We will have about 5 times the poverty limit saved in cash by the time of the interview, plus we both have Master's degrees (my husband has two), we are 31 years old, in good health, and have about 7 to 10 years of working experience each. My husband speaks fluent German, English, and French on top of everything else. I think this makes us a safe bet to be able to find viable employment fairly quickly.

Will these facts make a consular officer more comfortable approving the immigration visa without either of us having U.S. jobs at the time, or do they only really care about the numbers?

The consider the totality of circumstances but if you don't meet the minimums, nothing you mentioned above will make up for that.

[LoveExile 27]

The consider the totality of circumstances but if you don't meet the minimums, nothing you mentioned above will make up for that.

Having 5 times the poverty level in cash savings isn't enough?

[pushbrk 12,898]

Having 5 times the poverty level in cash savings isn't enough?

It should be. Check the definition of "if" and take what I wrote as "information". Yes, they consider everything but nothing makes up for NOT meeting the minimums. YOU....DO... meet the minimums.

[LoveExile 27]

It should be. Check the definition of "if" and take what I wrote as "information". Yes, they consider everything but nothing makes up for NOT meeting the minimums. YOU....DO... meet the minimums.

I took your suggestion and looked up the word "if". Funny that I've used it for so long without being given that advice before. My linguistic deficiencies aside, because you said "nothing you mentioned above will make up for that," and as I did mention above that I had 5 times the poverty limit, I sought clarification.

[pushbrk 12,898]

The statement containing "if' was added to give my answer context. First, you must understand we are having a public conversation in a thread started by somebody else, not you. We are not having a private conversation. I could not responsibly answer your question without clarifying the context. Otherwise, some other reader might think the factors you mentioned could make up for a shortfall of income or assets. I wrote to the reader ABOUT your question, not you exclusively.

[LoveExile 27]

The statement containing "if' was added to give my answer context. First, you must understand we are having a public conversation in a thread started by somebody else, not you. We are not having a private conversation. I could not responsibly answer your question without clarifying the context. Otherwise, some other reader might think the factors you mentioned could make up for a shortfall of income or assets. I wrote to the reader ABOUT your question, not you exclusively.

Since you quoted my question, I assumed you were answering it. Clearly I was wrong. Thank you for educating me about how to use the forum. In the future if I have a question, instead of posting it in an already existing thread on the topic, I will create an entirely new thread to avoid confusing people who don't understand that individual questions might be asked in a public conversation. Usually when that happens on other forums, moderators merge the threads, but I guess it works differently here.

I'm new here, so I hope you'll forgive my ignorance.

[pushbrk 12,898]

You're getting the picture but merging would not help you. Separating your hijacked portion of thread into it's own thread MIGHT help. Even in your own thread, answers are for all readers. I never suggested you had a qualification problem. You errantly inferred that. Private conversations are by "personal message" but we are encouraged NOT to give immigration advice via personal message.