Jump to content
trailmix

I-864 - how to enter assets

 Share

6 posts in this topic

Recommended Posts

Filed: IR-1/CR-1 Visa Country: Canada
Timeline

Ok so going along in this form (I864 aff of support).

When using assets (this is probably just being paranoid but...)

Say you have 60000.00 in assets in Canadian dollars in your joint account. Do you:

1) Divide these assets equally between the U.S. citizen and the immigrant - or is it ok to just enter it all under 'Your Assets' - item 26.

2) Do I need to convert the Canadian dollars in to U.S. dollars for this figure?

Thanks!

Link to comment
Share on other sites

Filed: AOS (apr) Country: Australia
Timeline

The I-864 is filled out by the US CItizen to ensure that there is not a public charge. I think you would have to convert that into American Dollars, but you should wait for another opinion because I am not wholly sure

TIME LINE 2007

01/12/07-I Fly to Australia

01/25/07-We Got Married!

07/15/07-Point of Entry (K3 Visa)

K3 Time Line for the I-130, I-129F, EAD and AOS

usaCa.gifanimated-hearts.gifaustralC_1xa.gif

Lifting Conditions Timeline

11/06/09- Mailed Petition Via USPS Certified Mail

11/09/09- Your item was delivered at 11:08 AM on November 9, 2009 in LAGUNA NIGUEL, CA 92677.

11/12/09- Check Cashed

11/12/09- Return Receipt Arrives in Mail

11/13/09- Touched

11/16/09- NOA Received

11/27/09- Received Appointment Letter

12/18/09- Biometrics

12/21/09- Touched

01/08/10- Card Production Ordered (E-Mail)

01/09/10- Touched

01/14/10- Greencard Received

Link to comment
Share on other sites

Ok so going along in this form (I864 aff of support).

When using assets (this is probably just being paranoid but...)

Say you have 60000.00 in assets in Canadian dollars in your joint account. Do you:

1) Divide these assets equally between the U.S. citizen and the immigrant - or is it ok to just enter it all under 'Your Assets' - item 26.

2) Do I need to convert the Canadian dollars in to U.S. dollars for this figure?

Thanks!

I think it depends.

Who owns the asset legally ?

If it is bank account, who is account owner registered in the bank ?

If it is joint account, which list both of you as owner, yes, you can divide equally, and use half for you, and another half for your other legal owner.

But if it is registered only by your canadian (soon-to-be) spouse, you can not claim it as your asset, and you may have to use I-864A for your canadian (soon-to-be) spouse as co-sponser.

I think all foreign currency should be converted to U.S. Dollar amount for I-864 purpose.

Link to comment
Share on other sites

Filed: Other Country: China
Timeline
Ok so going along in this form (I864 aff of support).

When using assets (this is probably just being paranoid but...)

Say you have 60000.00 in assets in Canadian dollars in your joint account. Do you:

1) Divide these assets equally between the U.S. citizen and the immigrant - or is it ok to just enter it all under 'Your Assets' - item 26.

2) Do I need to convert the Canadian dollars in to U.S. dollars for this figure?

Thanks!

I think it depends.

Who owns the asset legally ?

If it is bank account, who is account owner registered in the bank ?

If it is joint account, which list both of you as owner, yes, you can divide equally, and use half for you, and another half for your other legal owner.

But if it is registered only by your canadian (soon-to-be) spouse, you can not claim it as your asset, and you may have to use I-864A for your canadian (soon-to-be) spouse as co-sponser.

I think all foreign currency should be converted to U.S. Dollar amount for I-864 purpose.

Well, I think if you're married and it's a joint account you can list it all as an asset. On the other hand, if you qualify on income alone, you can simply leave all asset related portions of the form blank, as per the instructions that come with the form. Yes, convert to USD.

Facts are cheap...knowing how to use them is precious...
Understanding the big picture is priceless. Anonymous

Google Who is Pushbrk?

A Warning to Green Card Holders About Voting

http://www.visajourney.com/forums/topic/606646-a-warning-to-green-card-holders-about-voting/

Link to comment
Share on other sites

Filed: Citizen (apr) Country: England
Timeline

We showed all of our assets and didn't divide them in half.

All amounts should be shown in US dollars. Interestedly when we filled out our form and did this no-one questioned us about what conversion rate we had used.

What to expect at the POE - WIKI entry

IR-1 Timeline IR-1 details in my timeline

N-400 Timeline

2009-08-21 Applied for US Citizenship

2009-08-28 NOA

2009-09-22 Biometrics appointment

2009-12-01 Interview - Approved

2009-12-02 Oath ceremony - now a US Citizen

Link to comment
Share on other sites

 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...