Affidavit of Support, Assets ???

[Jalan 1]

Hello All,

   I'm still very early in the process but want to nail some things down now.  I'm on a fixed income which falls slightly below the guidelines.  My house is in my family's name so can't be used.  It may be possible for them to cosign but prefer to avoid.

   My question concerns my wife's home and property in Ukraine.  It's fully owned but in her and my stepdaughters names.  Since we are now married can my name be added and use this property as an asset for immigration purposes?

Very much appreciated..

Thank you

[Lil bear 4,188]

13 minutes ago, Jalan said:

Hello All,

   I'm still very early in the process but want to nail some things down now.  I'm on a fixed income which falls slightly below the guidelines.  My house is in my family's name so can't be used.  It may be possible for them to cosign but prefer to avoid.

   My question concerns my wife's home and property in Ukraine.  It's fully owned but in her and my stepdaughters names.  Since we are now married can my name be added and use this property as an asset for immigration purposes?

Very much appreciated..

Thank you

Get a joint sponsor   Neither of the assets you have described are likely to be deemed “liquid assets” by the IO 

[powerpuff 6,697]

~~ Topic moved from Progress Reports to Process & Procedures ~~

[Boiler 45,467]

Another good reason for U4U

[Jalan 1]

1 minute ago, Boiler said:

Another good reason for U4U

My understanding is the Affidavit of Support is the same required for the I-130 or U4U ?

 

[Boiler 45,467]

2 minutes ago, Jalan said:

My understanding is the Affidavit of Support is the same required for the I-130 or U4U ?

 

No

[pushbrk 12,876]

57 minutes ago, Lil bear said:

Get a joint sponsor   Neither of the assets you have described are likely to be deemed “liquid assets” by the IO 

Yes, but one possible option is to sell the property in Ukraine.  Once it's converted to cash, it's liquid.  

[Boiler 45,467]

1 minute ago, pushbrk said:

Yes, but one possible option is to sell the property in Ukraine.  Once it's converted to cash, it's liquid.  

Wonder what the property market is like, now there is a rabbit hole to go down....

[Jalan 1]

9 minutes ago, Boiler said:

No

Hmm.. ok, thank you very much.  I'll dig back into the paperwork.  Not sure why I thought that, I could've sworn that affidavit was required to sponsor.

Thanks again

[Boiler 45,467]

I 134a for U4U

Edited August 18, 2023 by Boiler

[GP1977 288]

4 minutes ago, Boiler said:

Wonder what the property market is like, now there is a rabbit hole to go down....

Actually not as bad as one would think.  My wife is originally from Ukraine and owns two apartments there.  Most of the property there is paid for in cash because interest rates are so high for mortgages.  When you have no debt to carry you aren't in a hurry to sell.

 

 

[Boiler 45,467]

Just now, GP1977 said:

Actually not as bad as one would think.  My wife is originally from Ukraine and owns two apartments there.  Most of the property there is paid for in cash because interest rates are so high for mortgages.  When you have no debt to carry you aren't in a hurry to sell.

 

 

As long as you have people with cash to buy

[pushbrk 12,876]

11 minutes ago, Boiler said:

Wonder what the property market is like, now there is a rabbit hole to go down....

Yes, it's a BIG IF.

 

[Jalan 1]

15 minutes ago, Boiler said:

No

Ok. Sorry. I realized the declaration of support is a different thing.  It does appear to question the sponsors financial ability though.  I'll research. 

Much appreciated

[GP1977 288]

3 minutes ago, Boiler said:

As long as you have people with cash to buy

Pre-war many Ukrainians would go work in Europe for a good part of the year. Save Money. Repeat for a year years.   Buy an apartment with cash.  Actually most apartments are traded in USD, Second in Euro.  Now they own it debt free.

 

It isnt sunshine and roses but outside of the frontlines it isn't what the media portrays. My wife's friend opened a salon 6 months ago and every day she is booked doing facials, massages, skin care treatments.  Her schedule is booked two weeks out.