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Coco20

Please help me about k1

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My fiancé is American and he has over a million dollars in his bank, but he’s been out of work since 2019, so he has no tax returns or financial documentation. The only thing I can provide at the k1 visa interview is a bank statement . Is this acceptable at the interview or will they reject this? We want to start a business together in usa. If not, what are some options we have. Thank you everyone for helping me with this. 

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I'd find it hard to believe that he doesn't have at least enough interest or passive income that wouldn't trigger a tax return.  But if he didn't need to file then at least a letter from him to explain that will be needed.  Bank statements will be used to show the sponsorship ability.

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Filed: Citizen (apr) Country: Taiwan
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2 minutes ago, Coco20 said:

To clarify, he has been outside America for two years and has been living with me since then, and the money is a gift from his father

The US citizen should join us here for this discussion.

Edited by Crazy Cat

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Filed: Citizen (apr) Country: Morocco
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29 minutes ago, Just Paul said:

I'd find it hard to believe that he doesn't have at least enough interest or passive income that wouldn't trigger a tax return.  But if he didn't need to file then at least a letter from him to explain that will be needed.  Bank statements will be used to show the sponsorship ability.

my Thoughts too

 

but for the embassy interview ,  they will accept the back statement 

and a letter from IRS that no tax returns have been filed

 

he can get that  by filing out a  4506-T

 

Mail or fax the completed IRS Form 4506-T to the address (or FAX number) provided on page 2 of Form 4506-T. If the 4506-T information is successfully validated, tax filers can expect to receive a paper IRS Verification of Non-filing Letter at the address provided on their request within 5 to 10 days.

 

He's also going to have to prove US residency 

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Filed: K-1 Visa Country: Turkey
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I am in a similar situation.  I have a few million in the bank but my income is very low and I am about $1000 under the poverty guidelines.  I was going to get a co-sponsor but my attorney informed me that so long as I provide my tax returns (even though I don't meet the poverty guidelines) and a year of bank statements, I should have no problem.  So I am hoping my attorney is correct.  We are waiting for our interview date.

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2 hours ago, MonkeyDan said:

I am in a similar situation.  I have a few million in the bank but my income is very low and I am about $1000 under the poverty guidelines.  I was going to get a co-sponsor but my attorney informed me that so long as I provide my tax returns (even though I don't meet the poverty guidelines) and a year of bank statements, I should have no problem.  So I am hoping my attorney is correct.  We are waiting for our interview date.

Your attorney is right 

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Filed: K-1 Visa Country: Thailand
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On 9/27/2023 at 3:43 PM, MonkeyDan said:

I am in a similar situation.  I have a few million in the bank but my income is very low and I am about $1000 under the poverty guidelines.  I was going to get a co-sponsor but my attorney informed me that so long as I provide my tax returns (even though I don't meet the poverty guidelines) and a year of bank statements, I should have no problem.  So I am hoping my attorney is correct.  We are waiting for our interview date.

You will not need a co-sponsor, if you show your bank statements, as the I-134 /864 advises.

Edited by Stook
Typo
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Filed: K-1 Visa Country: Thailand
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On 9/27/2023 at 10:38 AM, Coco20 said:


My fiancé is American and he has over a million dollars in his bank, but he’s been out of work since 2019, so he has no tax returns or financial documentation. The only thing I can provide at the k1 visa interview is a bank statement . Is this acceptable at the interview or will they reject this? We want to start a business together in usa. If not, what are some options we have. Thank you everyone for helping me with this. 

If he meets certain criteria, he can get a "Non-filer" transcript from the IRS.    I agree with others... If his money is in a bank, it's earning interest and that must be reported.  

 

If it's interest from a foreign bank account, this also has to be reported to the IRS.

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