I-864 Question - Intending Immigrant's Assets

[canadavisa22 202]

My spouse (the USC) and I both live abroad and we're just about to complete the I-864. We are planning to satisfy the financial requirement through the use of our assets.

 

The majority of it is in a savings account that is only under my name. However, since we're married, the assets are technically owned by my spouse as well. We've just simply kept things in my name here for the simplicity of tax reporting.

 

However, on the I-864, there is a section for the assets of the USC and the assets of the intending immigrant. In this case, if we're sending bank statements in to show proof of the assets and only my name is visible on the bank statement, should these strictly be listed under the intended immigrant section of the I-864 in order for things to "match up" for the NVC officer reviewing our case?

 

The only reason I ask is I'm not sure if the intending immigrant's assets need to be 5x the poverty guideline or still 3x the poverty guideline since there is a USC spouse involved. I've not yet found out if there is any difference in whose assets are being used and if that changes the guidelines at all, so any confirmation or clarity here would be appreciated - thanks!

Edited November 7, 2019 by canadavisa22

[Nitas_man 3,100]

It is my understanding that intending immigrant’s assets have to exceed 5x the requirement

Our IO was highly concerned with verifying that our assets were parked in the US.  It might be better to set up a joint account with a US bank and park them there.  Which would probably drop the requirement to 3X.

Edited November 8, 2019 by Nitas_man

[canadavisa22 202]

5 minutes ago, Nitas_man said:

It is my understanding that intending immigrant’s assets have to exceed 5x the requirement

Our IO was highly concerned with verifying that our assets were parked in the US.

This is the part that's strange for me. We are married, so really our assets are shared. 

 

I suppose I could always just add her name to the account, that's no issue at all, but then do they need to see her name on there for the past year's worth of statements or is that only needed to verify that the money has been there awhile and not one sudden windfall?

 

The instructions on the I-864 don't specify 3x or 5x depending on who's assets are being used so how are you supposed to know?

 

We've gone ahead and set up a joint US bank account but I don't want to park all of our money there and pay exchange fees until it's absolutely needed. We're only at NVC. I suppose I can do so before our actual interview.

Edited November 8, 2019 by canadavisa22

[Nitas_man 3,100]

Hard to say.  We qualified on assets twice actually but everything was joint.  I do know that your assets in your name only are listed as assets of intending immigrant, and the USC assets are listed as sponsor’s assets.  Our joint assets were listed under sponsor’s (my) assets even though they had both names.  I jointed everything way back for “bonafide marriage”.

Edited November 8, 2019 by Nitas_man

[pushbrk 13,166]

3X for spouse of US Citizen.  Individual liquid assets of the intending immigrant get combined into a single number on the I-864.  There is no I-864a in this case.  Unless you have two cars, you cannot list the car as an asset.