K1 Visa Lost Job

[westonband 0]

Hi: 

 

I filed I-129F and it is in process, recently lost job, and no option of co-sponsor. Would anyone know if I can qualify on assets alone? 

[beloved_dingo 1,953]

36 minutes ago, westonband said:

Hi: 

 

I filed I-129F and it is in process, recently lost job, and no option of co-sponsor. Would anyone know if I can qualify on assets alone? 

Can you not get another similarly paying job? Assets will be irrelevant if you start a new position and still meet/exceed the income requirements. 

[EatBulaga 269]

1 hour ago, westonband said:

Hi: 

 

I filed I-129F and it is in process, recently lost job, and no option of co-sponsor. Would anyone know if I can qualify on assets alone? 

By filling out your Timeline, others have an idea how to respond to you based on where you are in the K1 process, and your data will help improve visajourney stats pages for others to compare.

 

@beloved_dingo is correct. If you are early in the K1 process like waiting for NOA2, you have time to get a new job before the K1 interview so that you can get the new employer to write you an employment verification letter, and collect a few months of payslips. Your current income will dictate your affidavit of support.

[westonband 0]

Thank you, I am searching for a job, but would still like to know if assets alone can qualify as it eases the worry with the uncertainty in a time frame. 

[waiting1234 25]

Assets alone can qualify. But its much better to have a job and income. I asked my lawyer about this since i was thinking about taking a year off and had over a mil in assets. He still said it was better to have a job but that it would more than likely be fine.

[SalishSea 17,074]

7 hours ago, westonband said:

Thank you, I am searching for a job, but would still like to know if assets alone can qualify as it eases the worry with the uncertainty in a time frame. 

When is the interview?

 

Unemployment in the US is still low.   Why can you not find a job?

[Dovydas 0]

10 hours ago, EatBulaga said:

By filling out your Timeline, others have an idea how to respond to you based on where you are in the K1 process, and your data will help improve visajourney stats pages for others to compare.

 

@beloved_dingo is correct. If you are early in the K1 process like waiting for NOA2, you have time to get a new job before the K1 interview so that you can get the new employer to write you an employment verification letter, and collect a few months of payslips. Your current income will dictate your affidavit of support.

I’m waiting for an interview now for K-1 and my fiance last year wasn’t working due to being in college. But this year she’s working and getting payed a good amount. As I understand you correctly, they would look into how much she’s making now and look at her’s projected income? In this case her income would be enough for affidavit of support.

[EatBulaga 269]

4 hours ago, Dovydas said:

I’m waiting for an interview now for K-1 and my fiance last year wasn’t working due to being in college. But this year she’s working and getting payed a good amount. As I understand you correctly, they would look into how much she’s making now and look at her’s projected income? In this case her income would be enough for affidavit of support.

So without the Timeline, I'm assuming you have received NOA2? And your case is transferred from NVC to the consulate? And you have scheduled a K1 interview with the consulate already? 

 

If her current income is 100% of the poverty guideline for the correct number of the household, then yes.

 

By the Adjustment of Status, the I-864 needs to have current income to be 125% of the guideline.

Edited July 6, 2022 by EatBulaga

[EatBulaga 269]

6 hours ago, waiting1234 said:

Assets alone can qualify. But its much better to have a job and income. I asked my lawyer about this since i was thinking about taking a year off and had over a mil in assets. He still said it was better to have a job but that it would more than likely be fine.

The K1 beneficiary foreign assets may not weigh much for proof of support. The K1 petitioner current income weighs more for the I-134.

[JeanneAdil 6,329]

Required Cash Value of Assets on Form I-134

The total net value of assets, less liens and liabilities against them, must equal five times the difference between the supporter's income and 100 percent of the federal poverty guideline for the household size.

 

and this is embassy dependent as they look at totality of circumstances 

1.  Can u liquidate assets within 1st year to pay for health insurance for the fiancee?

2.  to pay for airfare to get fiancee here?

3.  to pay the $1225 for AOS fees for after the marriage?

4.  are assets your primary residence?

 

[JeanneAdil 6,329]

PLEASE do a timeline and ID the country 

u have no idea how important that is

but the VJ community often relies on timelines to give the best answers