The Affidavit of Support - for 1 year?

[Coffee2Go 5]

Hello lovely people,

 

I have a question about the Affidavit of Support. Based on the documentation from the travel.state.gov site, the Sponsor is required to provide 125% of the poverty rate.

 

If I as the petitioner do not have a job at the time of the visa being issued but have sufficient savings of the exact amount, will that suffice? Is the 125% of the poverty rate only required for 1 year or like do I need much more than that?

 

Thank you,

Coffee2Go

Edited September 19, 2021 by Coffee2Go

[Boiler 45,516]

The I 864?

 

It specifies the calculation for using assets.

 

There may also be a domicile issue.

[Crazy Cat 41,856]

There is the minimum level of either income or liquid assets a sponsor or joint sponsor must have for consideration.  The Consulate Officer will make a decision regarding ability to support a new immigrant based on the financial situation as a whole.  

Edited September 19, 2021 by Crazy Cat

[JeanneAdil 6,505]

Always best to refer to the instructions 

 

https://travel.state.gov/content/travel/en/us-visas/immigrate/i-864-affidavit-faqs.html#aos13

 

The total net value of assets, less liens and liabilities against them, must equal five times the difference between the sponsor's income and 125% of the poverty level for the household size.

 

Financial sponsors can only include assets that are convertible into cash within one year and without considerable hardship or financial loss to the sponsor and his/her family. Examples of assets easily convertible to cash are savings, stocks, bonds and property. Sponsors may include the value of their home. They may not include the value of their automobile, unless they can show they have more than one and the primary automobile is not included as an asset.

 

 

According to your posts,  u need to establish residency in the US

Edited September 19, 2021 by JeanneAdil

[pushbrk 12,883]

4 hours ago, JeanneAdil said:

Always best to refer to the instructions 

 

https://travel.state.gov/content/travel/en/us-visas/immigrate/i-864-affidavit-faqs.html#aos13

 

The total net value of assets, less liens and liabilities against them, must equal five times the difference between the sponsor's income and 125% of the poverty level for the household size.

 

Financial sponsors can only include assets that are convertible into cash within one year and without considerable hardship or financial loss to the sponsor and his/her family. Examples of assets easily convertible to cash are savings, stocks, bonds and property. Sponsors may include the value of their home. They may not include the value of their automobile, unless they can show they have more than one and the primary automobile is not included as an asset.

 

 

According to your posts,  u need to establish residency in the US

Yes, but for the spouse of a US Citizen, the minimum is 3 times the required income instead of 5 times.

[JeanneAdil 6,505]

2 hours ago, pushbrk said:

Yes, but for the spouse of a US Citizen, the minimum is 3 times the required income instead of 5 times.

sorry i hit the highlights as  I wanted him to read the site

 

this was the main concern as he does not have residency in the US

 

Can a U.S. citizen or lawful permanent resident (LPR) petitioner who is not domiciled (living) in the United States be a financial sponsor?

No, if a petitioner cannot satisfy the domicile requirement, the petitioner fails to qualify as a sponsor for the purposes of submitting Form I-864.

[pushbrk 12,883]

2 hours ago, JeanneAdil said:

sorry i hit the highlights as  I wanted him to read the site

 

this was the main concern as he does not have residency in the US

 

Can a U.S. citizen or lawful permanent resident (LPR) petitioner who is not domiciled (living) in the United States be a financial sponsor?

No, if a petitioner cannot satisfy the domicile requirement, the petitioner fails to qualify as a sponsor for the purposes of submitting Form I-864.

Yes, but for a petitioner sponsor, the requirement is only evidence of intent to re-establish domicile.  Not usually an issue unless coming from Canada.