I-864 if the petitioner don't reach the poverty g. and he do with one asset does he have to put all assets?

[Billett 14]

My husband is the petitioner and he don't reach the poverty guideline so he is including his retirement acc.(stocks) does he have to include bank acc.? we don't have much in it so I don't see the purpose,with the stocks we easily make it more than 5 times. Help please!!

[Ryan H 3,834]

Moved from Site-Related Discussion to IR-1/CR-1 Process & Procedures.

[pushbrk 13,172]

He only needs to show enough liquid assets to qualify. No need to show all assets. Remember though, that a retirement account might be discounted in value, because there are tax implications for early liquidation. It's "liquid" assets that will qualify the sponsor. If the retirement account has at least 6 times the income shortfall, you should be OK.

[Billett 14]

I thank you,,yes he have like more than a 100,000 and we only neneded to supplement 5000x 5 =25 thousand, so is tha ok?

[Aarjun 1]

I didn't have W2s from last 3 years, so I showed one of my savings accounts with $65,000. Top of page 6 of i-864 says that you only need 3 times (not 5 times) the national poverty guideline, which for 2 people (you and your spouse) should be slightly less than $60,000.

During the interview, it took them 3 hrs to verify my financial information, but they granted my wife the CR1 visa afterwards on the basis of enough assets.

Hope this helps!

[Billett 14]

I didn't have W2s from last 3 years, so I showed one of my savings accounts with $65,000. Top of page 6 of i-864 says that you only need 3 times (not 5 times) the national poverty guideline, which for 2 people (you and your spouse) should be slightly less than $60,000.

During the interview, it took them 3 hrs to verify my financial information, but they granted my wife the CR1 visa afterwards on the basis of enough assets.

Hope this helps![/quot

Thanks Aarjun, but I thought if he send IRS tax return transcripts we didn't need the w2, do we? And on 100,000 retirement acc. But I thought that you multiply the missing amount per example his current income is 16000 so he is missing arround 4x 5 is 20G if go by your method is 40? Is like that now? I'm confuse but appreciate the help

[Aarjun 1]

Thanks Aarjun, but I thought if he send IRS tax return transcripts we didn't need the w2, do we? And on 100,000 retirement acc. But I thought that you multiply the missing amount per example his current income is 16000 so he is missing arround 4x 5 is 20G if go by your method is 40? Is like that now? I'm confuse but appreciate the help

I had the same confusion. I called NVC about this a couple months ago. They said that total needs to be 3 times 125% of national poverty guideline. So, for 2 people (self + spouse) in 2015, it's 3 x $19,912 = $59,736. This amount can be used in combination with your income and savings (or liquid assets). Since I had not worked for past 3 years, I hadn't files taxes, so savings was all I had to show, since I didn't want to have a co-sponsor. They WILL ask your spouse during the interview if you don't have a job or if you used a co-sponsor about how you plan to support them. See this link for more info: http://www.***removed***/affidavit-of-support/i-864p-poverty-guidelines.html

I had substantially more money in my 401k, which I also submitted with my AoS package, but NVC told me that retirement funds are considered at the discretion of your case officer, since you can't readily use that money.

Edit: seems like VJ removed the link. Google "i-864p 2015" and you should find the uscis website with that info.

Edited August 28, 2015 by Aarjun

[Billett 14]

I had the same confusion. I called NVC about this a couple months ago. They said that total needs to be 3 times 125% of national poverty guideline. So, for 2 people (self + spouse) in 2015, it's 3 x $19,912 = $59,736. This amount can be used in combination with your income and savings (or liquid assets). Since I had not worked for past 3 years, I hadn't files taxes, so savings was all I had to show, since I didn't want to have a co-sponsor. They WILL ask your spouse during the interview if you don't have a job or if you used a co-sponsor about how you plan to support them. See this link for more info: http://www.***removed***/affidavit-of-support/i-864p-poverty-guidelines.html

I had substantially more money in my 401k, which I also submitted with my AoS package, but NVC told me that retirement funds are considered at the discretion of your case officer, since you can't readily use that money.

Edit: seems like VJ removed the link. Google "i-864p 2015" and you should find the uscis website with that info.

Ohhh eye opener, thanks a lot!!! I guess I will tell him to include the house, but the problem is that the house is on his name plus his parents name, they just bought it and he did go to tax apparel office and got homestead in fl. would that count as proof? a deed with 3 people name, the copy of the final sale and the homestead tax exemption appraiser, the deed just came out on the first of may, so its recent, do you think it might help?the value on the tax appraiser was 104000, no mortgage, they paid for the house in total so they don't owe money, but it has 3 owners so I don't see as an asset that belongs only to my husband.

[Aarjun 1]

Ohhh eye opener, thanks a lot!!! I guess I will tell him to include the house, but the problem is that the house is on his name plus his parents name, they just bought it and he did go to tax apparel office and got homestead in fl. would that count as proof? a deed with 3 people name, the copy of the final sale and the homestead tax exemption appraiser, the deed just came out on the first of may, so its recent, do you think it might help?the value on the tax appraiser was 104000, no mortgage, they paid for the house in total so they don't owe money, but it has 3 owners so I don't see as an asset that belongs only to my husband.

If your husband is listed as one of the 3 people on the deed, they will count it. My savings account that I showed has my parents listed on the account as well since it's a joint account.

[Billett 14]

If your husband is listed as one of the 3 people on the deed, they will count it. My savings account that I showed has my parents listed on the account as well since it's a joint account.

ahhh, ok, I will start the copy prices, thanks a lot for yor help, I've breaking my nerves on this one, I have everything set to get print and sign but this part is holding me back and still witting for the boss employment letter who said he can give today and waiting for the call to pick my I 693, I want to send the package on monday.

Thanks so much for your help !!!!!!

[Aarjun 1]

ahhh, ok, I will start the copy prices, thanks a lot for yor help, I've breaking my nerves on this one, I have everything set to get print and sign but this part is holding me back and still witting for the boss employment letter who said he can give today and waiting for the call to pick my I 693, I want to send the package on monday.

Thanks so much for your help !!!!!!

I can imagine what you are going through. Keep hanging in there. Good luck.

[pushbrk 13,172]

While it's true the sponsor of a spouse only needs to meet three times the income shortfall, using a retirement account to overcome the shortfall, is a different story. Sounds like the OP has it covered. Yes, "tax return transcripts" serve the same purpose as a complete tax return including W2 forms.

[Billett 14]

While it's true the sponsor of a spouse only needs to meet three times the income shortfall, using a retirement account to overcome the shortfall, is a different story. Sounds like the OP has it covered. Yes, "tax return transcripts" serve the same purpose as a complete tax return including W2 forms.

Sorry but what is OP?

Im including the House and the retirement acc.just in case.

Thanks everyone for your help, I finish print everything, now Im just waiting for my I-693 results to mail them!!

[Ryan H 3,834]

Sorry but what is OP?

Im including the House and the retirement acc.just in case.

Thanks everyone for your help, I finish print everything, now Im just waiting for my I-693 results to mail them!!

OP = Original Poster (for this particular thread, that's you). The response in question was addressing another poster's response to you.

Is the house you are including a primary home? If so, then it will likely be disallowed because liquidation of a primary home within one year to satisfy the requirements of the I-864 would constitute an undue hardship to the owner.

[Billett 14]

Yes is our primary home!!! Now I feel lost!!! What can I do? His current income is 17068,the house was just bought this may 2015 for 104000, and he have a retirement account of 108000 in Edward Jones Stocks, beside that we have NOTHING!!! What can I do? I really wanted to send the papers on Monday!!! Help!!