I-864: Exact Assets Info

[TVH 0]

Hello, I am new here. Thank you for allowing me to post. I want to ask those who have similar experience.

 

We submitted I-864 with I-485 but we got RFE because US citizen husband just came back to the US earlier this year. We both worked outside the United States fyi. USCIS said that based on the documents submitted, they could not determine that the petitioning sponsor is qualified.

 

Supporting Documents Submitted With I-864:

1) The past 3 years of 1040 Tax Return Filings 

2) Employment Confirmation from Previous Employer (overseas) and Letter of Employment from Present Employer (USA)

3) Report of Investments (stocks) and annual dividends

 

His annual income does not meet 125 percent of the federal poverty guideline for our household size of 3 and USCIS told us to obtain a qualifying joint sponsor, but it is not that easy to get one. We are still trying. Right now, we want to use stocks (US-based) as assets to sponsor. What other documents do we still need to procure for him to qualify?

 

Hoping you can help us. Thank you very much.

Edited 5 hours ago by TVH

[Lil bear 4,230]

34 minutes ago, TVH said:

Hello, I am new here. Thank you for allowing me to post. I want to ask those who have similar experience.

 

We submitted I-864 with I-485 but we got RFE because US citizen husband just came back to the US earlier this year. We both worked outside the United States fyi. USCIS said that based on the documents submitted, they could not determine that the petitioning sponsor is qualified.

 

Supporting Documents Submitted With I-864:

1) The past 3 years of 1040 Tax Return Filings 

2) Employment Confirmation from Previous Employer (overseas) and Letter of Employment from Present Employer (USA)

3) Report of Investments (stocks) and annual dividends

 

His annual income does not meet 125 percent of the federal poverty guideline for our household size of 3 and USCIS told us to obtain a qualifying joint sponsor, but it is not that easy to get one. We are still trying. Right now, we want to use stocks (US-based) as assets to sponsor. What other documents do we still need to procure for him to qualify?

 

Hoping you can help us. Thank you very much.

Assets must be deemed able to be liquidated within 12 months and the value needs to be verified. One issue i can see with stocks is that it is an “on paper” moment in time valuation which can vary greatly and in n fact become worthless .. unlike tangible assets such as property, cash in the back etc. 

 

Either a joint sponsor is needed or increase to the household income as a second job, with 4-6 payslips that document the now increased income  

[OldUser 6,732]

Since you already tried using assets in initial submission and USCIS sent RFE, they're not satisfied with it.

 

Looks like the only way to progress is joint sponsor for foreseeable future, as even with changes to income you need to wait until it continues, but you have deadline for RFE.

[TVH 0]

3 hours ago, Lil bear said:

Assets must be deemed able to be liquidated within 12 months and the value needs to be verified. One issue i can see with stocks is that it is an “on paper” moment in time valuation which can vary greatly and in n fact become worthless .. unlike tangible assets such as property, cash in the back etc. 

 

Either a joint sponsor is needed or increase to the household income as a second job, with 4-6 payslips that document the now increased income  

 

Hi. Thanks for the reply. Husband has cash in his brokerage account that is more than the stated difference between sponsor's income and 125% of the federal poverty guideline for our household size. He puts it there because it receives more interest than in the bank. He hasn't bought new stocks lately and the cash is just sitting there for about six months. Thus, it is easier to send it to his US bank account just in case he needs it. We did include the summary of his brokerage account in the initial filing of I-864. Do you think he still has a chance to qualify if he moves the cash from the brokerage account to his US bank now?

Edited 1 hour ago by TVH

[Lil bear 4,230]

7 minutes ago, TVH said:

 

Hi. Thanks for the reply. Husband has cash in his brokerage account that is more than the stated difference between sponsor's income and 125% of the federal poverty guideline for our household size. He puts it there because it receives more interest than in the bank. He hasn't bought new stocks lately and the cash is just sitting there for about six months. Thus, it is easier to send it to his US bank account just in case he needs it. We did include the summary of his brokerage account in the initial filing of I-864. Do you think he still has a chance to qualify if he moves the cash from the brokerage account to his US bank now?

The usual thought is that they want to see US based cards funds having been in the account for 12 months plus. But none of us are able to be say what the decision will actually be