Choosing a Sponsor

[Dolfishvisa 3]

hello everyone! 

 

i am a student and don't have an income that would qualify me to be a sponsor. my mother was going to be a joint sponsor, and she has a green card, but she might have to spend considerable time abroad with our family, who is sick. Should i try to find another sponsor? Should I try to become the sponsor through assets, and is being a sponsor through assets going to make it less likely for the visa to go through?

[payxibka 10,045]

How would you acquire these assets?

[Dolfishvisa 3]

my parents may have sufficient assets that they could transfer to my account, we would have to see. 

[NikLR 13,227]

That won't work.

[Dolfishvisa 3]

6 minutes ago, NikLR said:

That won't work.

which part won't work?

[geowrian 22,337]

1 minute ago, Dolfishvisa said:

which part won't work?

Transferring a large amount of assets to your account.

COs are quite familiar with that technique. People get a large transfer just for the purpose of meeting the requirements, then transfer it back.

They would want to see the assets there for usually 12+ months.

[NikLR 13,227]

The consulate or embassy won't accept just a sudden amount of assets dropped into a bank account as viable assets. Who's to say that the instant your spouse lands in the USA that the assets won't just as magically disappear?  Assets have to be documented. 

[US-UK 32]

And aside from the immigration issues, and depending on the type and amount of assets being transferred, there could be IRS reporting requirements, gift or transfer taxes, and/or a stepped up basis on the investment.

[Dolfishvisa 3]

if my mom only spent 6 months of the year in america, could she be considered to be domiciled in the usa?

[belinda63 3,038]

What job does your mother have? Are these assets currently in her name and what country are they in?

[pushbrk 12,898]

9 hours ago, Dolfishvisa said:

if my mom only spent 6 months of the year in america, could she be considered to be domiciled in the usa?

Yes, of course.  If your parents have sufficient liquid assets and qualify to be joint sponsors, then your problem is solved.

[NikLR 13,227]

If your father in the USA? But yes as long as your mom, for her sake mostly, stays domiciled in the USA she can be your joint sponsor. 

[Dolfishvisa 3]

thank you guys all so much!