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Filed: K-1 Visa Country: China
Timeline
Posted
I had a quick question regarding I-134. I have worked for the past 5 years and recently went back to school. My income is currently $0 but I do have over $100,000 in savings and assests. Is this sufficient to sponsor my fiance? Thanks for your guidance.

That should be sufficient. I was unemployed at the time I filed my Affidavit of Support and used assets as opposed to income. Below is a quote from the government web site.

What Cash Value of Assets is Needed?

To be counted, the cash value of assets must equal five times the difference between the sponsor's income and 125 percent of the poverty line for the household size. For example, a petitioner/sponsor with a household size of four and an income of $18,000 would need assets equal to five times the difference between his/her income and the income required for a family of four at the current federal poverty guidelines level. He/she would also need to show evidence of mortgages, liens, and liabilities against the assets.

The cash value of assets required is different for these sponsors:

Sponsors of immediate relative spouses and children of U.S. citizens must only show assets in the amount of three times the difference between the poverty guideline and actual household income.

Sponsors of foreign orphans who will acquire citizenship after admission to the United States need only prove assets in the amount of the difference between the poverty guideline and actual household income.

What can be used as assets?

Assets can be savings, stocks, bonds and property. They must be easily converted to cash.

Here's a link to the web site. There's a lot more information there

http://travel.state.gov/visa/immigrants/in...equirements_and

For 125% of the poverty line go to this site.

http://travel.state.gov/visa/immigrants/info/info_1327.html

10-17-2006. I-129F filed.

10-19-2006. NOA1

01-25-2007. NOA2

02-12-2007. NVC notification saying petition is approved.

05-11-2007. Packet 3 received.

05-14-2007. Packet 3 forms sent.

06-16-2007. Packet 4 received.

07-03-2007. Medical examination.

07-10-2007. Interview. Passed!!!!

07-12-2007. Received visa.

07-18-2007. Applied for Marriage License.

08-04-2007. Fan arrives in the United States.

08-08-2007. Married.

08-24-2007. Applications for AOS, EAD, and Advance Parole.

08-30-2007. NOA for AOS.

09-07-2007. Applied for SSN.

09-18-2007. NOA for EAD and Advance Parole.

09-20-2007. Received SS card.

10-05-2007. Received appointment date for biometrics.

10-23-2007. Received Advance Parole.

11-02-2007. Biometrics.

11-06-2007. AOS transfered to CSC.

11-07-2007. EAD approved.

11-16-2007. EAD card received.

12-06-2007. AOS approved.

12-14-2007. Green Card Received in mail.

09-05-2009. I-751, Petition to Remove Conditions on Residence sent.

09-16-2009. NOA and biometrics appointment received.

10-13-2009. Biometrics.

10-26-2009. USCIS email. Approved. Card production ordered.

10-29-2009. Approval notice, dated 10-26, arrives in mail.

11-02-2009. Green Card arrives in mail.

Filed: Other Country: China
Timeline
Posted
I had a quick question regarding I-134. I have worked for the past 5 years and recently went back to school. My income is currently $0 but I do have over $100,000 in savings and assests. Is this sufficient to sponsor my fiance? Thanks for your guidance.

You're good to go. It takes only about $51k to substitute cash for income. You say savings and assets. Liquid assets convert at 3 to 1. If most of the assets are tied up in home equity, they may look at that differently and consider you are unwilling to sell your house to support your wife. History of good income from someone who is furthering their education should overcome any such concern.

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/

 
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