Co-sponsor assets

[kristinaa 2]

Hello,

I am going to use a joint sponsor for the Affidavit of Support. She is married, and is going to be using assets rather than income. Some of the assets are only hers, and others are shared with her spouse. Is she able to use the shared assets, or only the ones she owns 100%?

Thanks for your help.

Edited March 21, 2015 by kristinaa

[bahar 4]

I had co-sponsor and used his assets and they DID NOT accepted that.

[Ryan H 3,790]

Hello,

I am going to use a joint sponsor for the Affidavit of Support. She is married, and is going to be using assets rather than income. Some of the assets are only hers, and others are shared with her spouse. Is she able to use the shared assets, or only the ones she owns 100%?

Thanks for your help.

If a joint sponsor plans to use assets only, those assets must amount to 5x the difference of the figure for the joint sponsor's applicable household size. Furthermore, if the liquidation of an asset within one year would be considered an undue hardship to the holder, then it will be disallowed. This is applied at the CO's discretion.

If shared assets are going to be used, then joint sponsor's spouse would need to complete an I-864A documenting said assets.

[kristinaa 2]

If a joint sponsor plans to use assets only, those assets must amount to 5x the difference of the figure for the joint sponsor's applicable household size. Furthermore, if the liquidation of an asset within one year would be considered an undue hardship to the holder, then it will be disallowed. This is applied at the CO's discretion.

If shared assets are going to be used, then joint sponsor's spouse would need to complete an I-864A documenting said assets.

It sounds like it's overall a bit risky, then, if there is the element of the CO's discretion. My joint sponsor does exceed the 5x difference requirement, though.

So shared assets can be counted as well?

[NikLR 13,220]

yes, as Ryan stated.

Assets need to be well documented. You cannot use a primary residence or car.