Larry207

Yes I did get that notice. Thanks to you, I have ignored that part. I have seen you mentioning that on other people's posts.

That's a good alternative if it comes to that. My IRA is a conventional pre tax IRA, not a Roth. I only hesitate to make a large withdrawal due to taxes. Thanks for the suggestion.

My assets are cash and are very liquid. So liquid that I can withdrawal them from the ATM. Your right, interest only will not go up as fast as the cost of living. That's why people use a managed brokerage account with a diverse portfolio.

It's easy to add a spouse to my health insurance once I enter the United States. I just go to the "life changes" section and add the spouse.

I'm not withdrawing from my IRA yet. I have an individual brokerage account that deposits a certain amount of cash into my checking account. Since I'm spending less than the tax threshold, my form 1040 income appears low. That's how inexpensive it is to live in the Philippines.

I won't be eligible for social security until July 2025. I retired early.

My assets are generating the same amount of income as if I was working, and still earning dividends. The problem is, like me, everyone is getting information from Ms Heard. Please see the comments from pushbrk regarding assets.

Thank you for taking the time to answer my questions.

My evidence of domicile consists of: I intend to re establish domicile by moving into the house that I own. House with with a deed, property tax receipts, property insurance, drivers license, voting records, bank and brokerage accounts, credit cards, U.S Cell phone plan with a U.S. phone number. I am temporarily living in the the Philippines only because the visa process is long. 14 months for I-130. DQ in September, now another 12 months estimated wait time. I hope they realize this was a temporary stay.

Thank you again for your detailed answer. You definitely helped me out with your statement " Instead of focusing on possible failure, I suggest you focus on why you will succeed." I will succeed because my assets are sufficient.

Thanks for you reply. My spouse is DQ. I'm temporarily living in the Philippines due to the long processing time. We are still awaiting the interview at Manila. The assets I'm using are liquid. Maybe it only appears that many people are getting denied because they are the ones that complain and the people with a positive experience don't even mention being approved.

Thanks for your reply. I have conclusive evidence and my assets are generating income. I hope this is enough. My evidence of domicile consists of: House with with a deed, property tax receipts, property insurance, drivers license, voting records, bank and brokerage accounts, credit cards, U.S Cell phone plan with number

Thank you Mr pushbrk. I always look forward to your answers to others on this forum. Thank you for your hard work answering member questions. You answer has actually eased my anxiety. I am old enough to withdrawal from my IRA, and I also have a non retirement brokerage account that generates income that I have been withdrawing from. I do meet the asset requirements . Since the cost of living is so low in the Philippines, my income for tax purposes appear insufficient. Thank you for time. I always enjoy reading your straight to the point, no nonsense answers.

I have health insurance, and my assets are generating income. The problem is they are generating non taxable income. My spouse also is an registered nurse with a bachelor's degree and will be able to find a job at a hospital.

My assets are generating income. The policy states that assets can be used. Let me restate my question. Why are some people getting approved on assets, but others aren't. It seems to depend on the mood of the consul. You have to keep reading the instructions. They state starting on page 9: If your total household income does not meet the requirement, you may submit evidence of the value of your assets, the sponsored immigrant’s assets, and/or assets of a household member that can be used, if necessary, for the support of the intending immigrants. The value of assets of all of these persons may be combined in order to meet the necessary requirement. Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included. The owner of the asset must include a description of the asset, proof of ownership, and the basis for the owner’s claim of its net cash value. You may include the net value of your home as an asset. The net value of the home is the appraised value of the home, minus the sum of any and all loans secured by a mortgage, trust deed, or other lien on the home. If you wish to include the net value of your home, then you must include documentation demonstrating that you own it, a recent appraisal by a licensed appraiser, and evidence of the amount of any and all loans secured by a mortgage, trust deed, or other lien on the home. You may not include the net value of an automobile unless you show that you have more than one automobile, and at least one automobile is not included as an asset Total Value of Assets. In order to qualify based on the value of your assets, the total value of your assets must equal at least five times the difference between your total household income and the current Federal Poverty Guidelines for your household size. However, if you are a U.S. citizen and you are sponsoring your spouse or child age 18 years of age or older, the total value of your assets must only be equal to at least three times the difference. If the intending immigrant is a foreign national orphan who will be adopted in the United States after he or she acquires legal permanent residence, and who will, as a result, acquire citizenship under section 320 of the INA, the total value of your assets need only equal the difference. What if I Cannot Meet the Income Requirements? The value of your assets, the assets of any household member who has signed Form I-864A, or the assets of the intending immigrants; or 4. A joint sponsor whose income and/or assets equal at least 125 percent of the Federal Poverty Guidelines. You may use assets to supplement income if the consular or immigration officer is convinced that the monetary value of the asset could reasonably be made available to support the sponsored immigrant and converted to cash within one year without undue harm to the sponsor or his or her family members. You may not include an automobile unless you show that you own at least one working automobile that you have not included.