I-864 for K1 Visa, 100% assets?

[Andy&Dom 0]

I have read on a few attorney websites that you are unable to use assets in lieu of income in order to meet the income requirements for the K1 visa, however, I have read opposing statements as well. For our situation, we both live overseas in Europe as masters students(free tuition) and have only part time foreign income. From what I understand we can only use US based income for the I-864 and therefore, we would need to use 100% assets. I have 78,000$ in liquid assets (cash, stocks etc) and about 50,000$ in property (personal property and 3 FAA registered airplanes). My fiancee also has 15,000$ in liquid assets. We are worried about potentially being denied the K1 visa as I dont have US based income, and only using assets to qualify. Does anyone have any advice or experience in regard to this? Has what I have said correct?

Edited July 10, 2021 by asweeney

[Ryan H 3,812]

Moved from Progress Reports to Process & Procedures.

[Chancy 6,241]

On 7/11/2021 at 4:23 AM, asweeney said:

I have read on a few attorney websites that you are unable to use assets in lieu of income in order to meet the income requirements for the K1 visa, however, I have read opposing statements as well.

 

First, the affidavit of support form needed at the K1 visa interview is the I-134 form, not I-864.  The I-864 form will be required only when the K1 visa holder moves to the US and applies to adjust status.

 

As to whether the use of assets instead of income will be acceptable for the I-134, that depends on the interviewing consulate.  For example, if the K1 applicant will be interviewing in London, self-sponsorship (as in, using only the beneficiary's assets) would probably be fine.