Thanks aussiewench! Appreciate you taking out time to provide such a detailed response. I am a little confused about some aspects still so will try and chime in below:QUOTE(aussiewench @ Mar 9 2007, 05:02 PM)

/UM
A couple of things. If you find that the I-130 is approved before the I-129F and forwarded to NVC for you to continue the process to apply for an immigrant visa, chances are pretty good that you will interview for this visa over the K-3. Reason: even if the I-129F is approved whilst your I-130 petition is still at NVC; once your approved I-130 and visa case arrives at the consulate/embassy, it will over-ride the K-3 even if a K-3 interview is scheduled already.
Got it... so preferably it works to my favor that the I-130 gets approved and forwarded to NVC before the I-129F as it leaves options open without me having to pay an extra $200 bucks for the I-824, right? QUOTE(aussiewench @ Mar 9 2007, 05:02 PM)

Providing your file for the immigrant visa isn't held up in security checks for any great length of time at NVC, on average you are looking at 3-4 months to get through this stage. (sometimes quicker, sometimes longer). To roughly work out time frames further, find out how long it takes to have Immigrant visas scheduled as opposed to K visas. Some consulates will vary quite a deal between the two, others not.
So I need to find out how long it takes for CR1 and K3 interviews to be set up at the Mumbai consulate once each is approved at the NVC. Any thoughts on how I go about doing this? Is this readily available on VJ somewhere? I remember someone mentioned on a post somewhere that from NVC approval to Mumbai consulate scheduling an interview for I-130 is 4 months?!QUOTE(aussiewench @ Mar 9 2007, 05:02 PM)

Sometimes the CR-1 can be faster than the K-3. It also depends on what you want. The CR-1 grants your spouse permanent residency with the green card on entry. No adjustment of status and nothing to do until 90 days before the two year anniversary of having entered the US. The adjustment of status process can be a royal pain in the butt especially if the Office you have to file with is one that is taking 2-3 years. Its all up to you. You can check on the processing times for the Office that you will have to file AOS through, by checking on the USCIS site.
Hmm, currently it says that CSC is processing AOS (I-485) for Aug 21st '06 which means its about 6 months processing time... and Employment Authorization (I-765) for Dec 4th '06, which means about 3 months processing time.
So assuming I go with the K-3, and the K-3 gets processed 2 months (?) faster than the I-130, for my wife to be able to work it would work out as follows:
K3 Timeline from visa approval: Atleast 3 months before she can work
K3 Additional Cost: I-485 Filing fee ($325) + Biometrics Fee ($70) + I-765 Filing Fee ($180) = Total cost of $575 + Atleast 1 month opportunity cost
Vs.
I-130 Timeline: 2 months additional wait than K3 approval, but she can work immediately on arrival
I-130 Additional Cost: None
So based on this is it fair to assume that it is more cost effective and faster from an employment perspective to follow the I-130 path, assuming there are no hiccups in the process? Or am I making an error here?
QUOTE(aussiewench @ Mar 9 2007, 05:02 PM)

If your I-130 is held at the service center and the entry is made on the K-3, there is two options....to apply to adjust status in the US, or by filing the I-824 to have the I-130 transferred to NVC and then when complete and forwarded to the consulate, where one would return to the consulate for the immigrant visa. The processing time for the I-824 is showing 6 months so its not just a matter of filing the form/fee and it being automatically transferred.
So if I understood this correctly, in the first option we'd follow the process of adjusting status in the US which as calculated above would cost around $575... or we can file the I-824 which would cost $200 plus she would have to fly back to India for an interview at the consulate, so about $1300 for her roundtrip plane ticket....QUOTE(aussiewench @ Mar 9 2007, 05:02 PM)

Hope that is not too mixed up. Not easy to always put some things into words.
Absolutely agree, I'm having a hard time asking some of my questions so I'm sure its tough when trying to answer people on VJ. once again, thank you for helping.
While I don't want to overanalyze stuff and money is not the biggest issue... the reason I'm asking all this is to understand timelines for my wife to be able to start working. We're trying to do some life planning, and if I'm going to go to MBA school full-time we want to see what's our best option to have atleast one income coming in to manage daily expenses
while still reducing our time apart....
Best,
/UM