If I made less than 20k in 2017 but have 100k+ in savings do I still need a cosign?

[zandtee 0]

I think the requirement for a cr1 visa was $20,300 for my household size.  If I made less than that but have 100k in savings do I still need a cosign or are my assets and low salary enough?

[NikLR 13,228]

Depends on how long you've had it and how well documented it is.  

[mallafri76 1,012]

What NikLR said. My husband and I used assets to meet the financial requirements. They must have been in your possession for at least a year. 

[zandtee 0]

1 hour ago, NikLR said:

Depends on how long you've had it and how well documented it is.  

had it for over a year and a half.  Inherited from Grandpa and its in a savings account.

20 minutes ago, mallafri76 said:

What NikLR said. My husband and I used assets to meet the financial requirements. They must have been in your possession for at least a year. 

had it for over a year and a half.  Inherited from Grandpa and its in a savings account.

 

how much did you have in savings?

[NikLR 13,228]

Should be fine then. 

[pushbrk 12,999]

It depends on whether your income was "low" or "negative".  For a household of two with zero income you're fine.  For the same household with an income of -$20,000 you do not have enough.  Calculate based on 3X your income shortfall.  With a 20k negative income or "loss" your shortfall would be roughly 40k.