Worried about finding a qualified sponsor.....

[Sino's Suga 0]

Sponsers:

do they need to own their own home?

how much income do they need?

what kind of financial things does a sponsor have to have?

we are very worried that we will not find a sponsor that qualifies...

does anyone have any ideas or answers?

Courage is not the absence of fear but rather the triumph over it. The brave man is not he who does not feel afraid but he who conquers that fear.... Nelson Mandela

Edited November 30, 2007 by Sino's Suga

[Chica Yeyé 41]

Your sponsor needs to be able to pass the poverty guidelines by, I believe, 125%: either in income or assets I believe.

Your spouse will still need to submit an Affidavit of Support as primary sponsor, never mind how little money he/she has.

[Sino's Suga 0]

does the sponsor have to be in the same state ?

[YuAndDan 153]

does the sponsor have to be in the same state ?

NO

Primary sponsor MUST be spouse, joint sponsor can be a friend or family joint sponsors income must be at or above 125% poverty line.

[Abby-Ron 8]

Your sponsor needs to be able to pass the poverty guidelines by, I believe, 125%: either in income or assets I believe.

Your spouse will still need to submit an Affidavit of Support as primary sponsor, never mind how little money he/she has.

125% poverty line should be income (around $17200/year for 2 people, before taxes). The consulate at the embassy is more concerned about obtaining a fix monthly income rather than assets. Lets say you declare your car as an asset, and its paid off and say its worth $10,000. The question with Assets are, will the sponsor be able to sell the car at $10,000? and if so, will the person be able to go to work because of this sold car? Remember assets are only extra support to show that you can provide food, shelter and expenses for your beneficiary and not a substitute of income. The best is always showing proof of 125% income from taxes filed and W2 forms from the previous years and if you dont meet the 125% poverty line then get a co-sponsor. The consulate wants to make sure that the beneficiary will not be living off government money (food stamps, SSS, etc) .

[Sino's Suga 0]

does the sponsor have to be in the same state ?

NO

Primary sponsor MUST be spouse, joint sponsor can be a friend or family joint sponsors income must be at or above 125% poverty line.

Your sponsor needs to be able to pass the poverty guidelines by, I believe, 125%: either in income or assets I believe.

Your spouse will still need to submit an Affidavit of Support as primary sponsor, never mind how little money he/she has.

125% poverty line should be income (around $17200/year for 2 people, before taxes). The consulate at the embassy is more concerned about obtaining a fix monthly income rather than assets. Lets say you declare your car as an asset, and its paid off and say its worth $10,000. The question with Assets are, will the sponsor be able to sell the car at $10,000? and if so, will the person be able to go to work because of this sold car? Remember assets are only extra support to show that you can provide food, shelter and expenses for your beneficiary and not a substitute of income. The best is always showing proof of 125% income from taxes filed and W2 forms from the previous years and if you dont meet the 125% poverty line then get a co-sponsor. The consulate wants to make sure that the beneficiary will not be living off government money (food stamps, SSS, etc) .

Thank you!!! very helpful information!!! i appreciate the simple terms too lol i get lost in the big words sometimes lol

Edited December 3, 2007 by Sino's Suga

[Southern_Canadian 0]

Hey everyone!

I'm a little confused about one thing. My Fiance (USC), makes well over the 125% for a household of 3 before taxes and child support. Are they looking for him to make over the 125% before or after child support and taxes are taken off?

Thanks!!

[coolgt 0]

put it this way, what they looking at is 125% of your house hold not 1 person.

let said

2 people= 17k

3=19k

4=22k

so if your fiance household is 4 people including you then you should look at 22k mark not 17k mark