Still confused about the affidavit of support

[rosejosh 2]

hi guys.. I know I've been asking this question since the start of my journey.. I also consulted this issue to hank but i also want to hear from you if my case is fine. Especially those who has the similar situation to mine because I can't get rid of this anxiousness in my mind..

My fiancé is a student and jobless so he will use the money in the bank for the affidavit of support. The poverty guideline says that we need $19000+ for two. And the annual interest of his money is higher than that. Do you think that's ok?

I'm from the Philippines.. I just want to hear reactions aside from hank.. Thank you guys.

[Cody and Daisy 373]

I say get a sponsor.

I am pretty sure he needs to be EARNING more than 125% of the poverty guideline.

http://www.uscis.gov/sites/default/files/files/form/i-864p.pdf

With assest alone i believe it has to be 3x the amount.

"When assets are used, the assets must equal 5 times the difference between the annual income and the

needed 125% of the poverty level, this is because the affidavit is in effect for 5 years. For instance, if you
needed $15,500 income and had an annual income of $13,500, you would need an extra $2,000 of assets for 5
years, or a total of $10,000 in assets in addition to your income. In general, if you are deficient on yearly income
for sponsorship and your assets are somewhat borderline, do not take chances--have a co-sponsor. If you do not
have a job or a steady income from other sources (such as retirement income), you will likely have to get a
co-sponsor for your spouse, even if your assets are adequate. The USCIS looks VERY CLOSELY at current income
and not just the assets."

Previous thread on using assest alone

http://www.visajourney.com/forums/topic/284641-i-134-affidavit-of-support-assets-only/

[KayDeeCee 4,893]

When you use assets, you need at least 3 times the income amount. So, you would need to show at the bare minimum, around $60,000, not only $19,662. The CO will have sole discretion on whether or not to accept it.

[Lovelyus1229 6]

My Fiance is a full time student and we are using a co-sponsor.. That's your best bet....

[rosejosh 2]

I am a k1 filer and co sponsor is not allowed in the Philippines.. Also, I'm saying the annual interest of his money in the bank is above the poverty guidelines. Not the money itself.

[rosejosh 2]

His money in the bank makes income..And that is higher than the poverty guidelines

[KayDeeCee 4,893]

His money in the bank makes income..And that is higher than the poverty guidelines

Interest income is income. Show proof of the money in the bank and the amount of interest income he earns from it annually. You can use a letter from the bank or bank statements. The interest income should also be claimed on his taxes as proof.

[rosejosh 2]

Interest income is income. Show proof of the money in the bank and the amount of interest income he earns from it annually. You can use a letter from the bank or bank statements. The interest income should also be claimed on his taxes as proof.

So meaning if my fiancé has $30,000 (for example) annual interest income, that is fine? As long as I have a bank statement.

[KayDeeCee 4,893]

Yes. Income is income. There is no requirement for the income to be from employment. If he has enough money in the bank that he earns $30k a year from interest alone, then I do not see a problem with you becoming a public charge. That is what the CO decides, whether or not the intending immigrant will become a public charge or not. I would supply 6-12 months worth of bank statements, not just one.

[rosejosh 2]

Yes. Income is income. There is no requirement for the income to be from employment. If he has enough money in the bank that he earns $30k a year from interest alone, then I do not see a problem with you becoming a public charge. That is what the CO decides, whether or not the intending immigrant will become a public charge or not. I would supply 6-12 months worth of bank statements, not just one.

You think having just 2012&2013 ITR is a problem? Because that's what I have right now.

[KayDeeCee 4,893]

You think having just 2012&2013 ITR is a problem? Because that's what I have right now.

No. Manila only requires the most recent tax return, so you only need to supply 2013. You can supply 2012 too, if it helps prove his interest income though.

[rosejosh 2]

No. Manila only requires the most recent tax return, so you only need to supply 2013. You can supply 2012 too, if it helps prove his interest income though.

I'm glad that not only hank said that. Thank you to both of you just waiting for the interview now..

[Hank_ 9,174]

When you use assets, you need at least 3 times the income amount. So, you would need to show at the bare minimum, around $60,000, not only $19,662. The CO will have sole discretion on whether or not to accept it.

Not using assets themselves, his "income" is interest received from these assets.

And with the Philippines they want 5 times, IF they will accept assets at all... which normally USEM does not.

[KayDeeCee 4,893]

Not using assets themselves, his "income" is interest received from these assets.

Yes, that was cleared up through the rest of the thread.

His money in the bank makes income..And that is higher than the poverty guidelines

Interest income is income. Show proof of the money in the bank and the amount of interest income he earns from it annually. You can use a letter from the bank or bank statements. The interest income should also be claimed on his taxes as proof.

So meaning if my fiancé has $30,000 (for example) annual interest income, that is fine? As long as I have a bank statement.

Yes. Income is income. There is no requirement for the income to be from employment. If he has enough money in the bank that he earns $30k a year from interest alone, then I do not see a problem with you becoming a public charge. That is what the CO decides, whether or not the intending immigrant will become a public charge or not. I would supply 6-12 months worth of bank statements, not just one.

[Hank_ 9,174]

Yes, that was cleared up through the rest of the thread.

Ya it has been beat to death in other topics Some people feel the need to ask the same question over and over, not sure if they are expecting different results or what. But she made it very clear she didn't want me answering her..