Anyone have a estimate on necessary assets?

[DaleLee 0]

I've been living in Russia for over a year now, waiting for USCIS, and now the NVC for my wife and stepson's Visas. Everything, obviously was approved by USCIS. My finances were approved initially by the NVC, but then July rolled around and they needed my 2019 tax return information. Since I'm in Russia on a business Visa, which does not allow me to work here, my 2019 tax return doesn't show enough income to qualify as a sponsor. I am in the process of finding someone who's willing to give me their social security number and all their personal income information for the last 3 years, but, that's a pretty big ask. I have substantial assets, the proof of which, I sent to NVC. They told me that they do not consider them when determining qualification, but that the embassy/consul would when we go for an interview. I'd like to have a good idea of whether I need to go into panic mode for a joint sponsor, or if I'm probably in the clear. The last thing I want to do is finally make it to the interview, and have to come back to Russia and wait some more. The question then, since the NVC wasn't able to answer, does anyone have a good estimate on what a qualifying asset amount would be? Apart from my wife and I wanting to be together, I thought that my living here with her was a good idea to show the authenticity of our marriage. A lot of good that did me.

 

As an aside, in my wife's case, our marriage certificate was approved by the NVC, but rejected in my stepson's case. I just can't comprehend that. Makes absolutely no sense.

[Boiler 46,284]

The Consulate determine the authenticity of the relationship, basically NVC just process paper.

 

Consulate also review the I 864 and there os of course guidance on assets there but they are minimums and will look at them taking into account the totality of the situation.

[DaleLee 0]

You wouldn't happen to have a ballpark $ number would you?

[Boiler 46,284]

For 3? Less than 100K

[DaleLee 0]

I've got that beat easily. Any ideas on the marriage certificate? 

[SalishSea 18,225]

1 hour ago, DaleLee said:

I've got that beat easily. Any ideas on the marriage certificate? 

How old was he when you married his mom?   

[DaleLee 0]

2 hours ago, Jorgedig said:

How old was he when you married his mom?   

11

[Chancy 6,243]

14 hours ago, DaleLee said:

The question then, since the NVC wasn't able to answer, does anyone have a good estimate on what a qualifying asset amount would be? Apart from my wife and I wanting to be together, I thought that my living here with her was a good idea to show the authenticity of our marriage. A lot of good that did me.

 

I'm sure living together with your wife in Russia will be considered as a positive factor by the consul officer.  But aside from the authenticity of your marriage, they also need to check that you will be able to financially support your wife and son when you all move to the US.

 

Anyway, here's the answer to your question from the I-864 form instructions --

 

Total Value of Assets. In order to qualify based on the value of your assets, the total value of your assets must equal at least five times the difference between your total household income and the current Federal Poverty Guidelines for your household size. However, if you are a U.S. citizen and you are sponsoring your spouse or child age 18 years of age or older, the total value of your assets must only be equal to at least three times the difference.

 

Also note --

 

Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included. The owner of the asset must include a description of the asset, proof of ownership, and the basis for the owner’s claim of its net cash value.

 

Federal Poverty Guidelines -- https://www.uscis.gov/i-864p

 

[pushbrk 13,181]

4 hours ago, Chancy said:

 

I'm sure living together with your wife in Russia will be considered as a positive factor by the consul officer.  But aside from the authenticity of your marriage, they also need to check that you will be able to financially support your wife and son when you all move to the US.

 

Anyway, here's the answer to your question from the I-864 form instructions --

 

Total Value of Assets. In order to qualify based on the value of your assets, the total value of your assets must equal at least five times the difference between your total household income and the current Federal Poverty Guidelines for your household size. However, if you are a U.S. citizen and you are sponsoring your spouse or child age 18 years of age or older, the total value of your assets must only be equal to at least three times the difference.

 

Also note --

 

Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included. The owner of the asset must include a description of the asset, proof of ownership, and the basis for the owner’s claim of its net cash value.

 

Federal Poverty Guidelines -- https://www.uscis.gov/i-864p

 

I've highlighted a key section of these instructions which defines what they consider to be "liquid".

[DaleLee 0]

Thanks