What is the asset requirement for the fiance visa?

[Rohini 0]

I am sure I have adequate assets for bringing my fiance to the U.S., but I haven't found any clear information about how much is required. Is it 125% of the poverty line per person for how many years? Or is it something different?

[payxibka 10,044]

I am sure I have adequate assets for bringing my fiance to the U.S., but I haven't found any clear information about how much is required. Is it 125% of the poverty line per person for how many years? Or is it something different?

Assets replace $1 of income at a rate (it appears) somewhere between 3-5X. So, if the 125% line was $20,000 then expect the asset requirement to be somewhere between $60 to $100K. Since the I-134 is adjudicaed at the consulate, there simply is no consistency with the rate....

Edited September 3, 2008 by fwaguy

[KYlady 1]

I am sure I have adequate assets for bringing my fiance to the U.S., but I haven't found any clear information about how much is required. Is it 125% of the poverty line per person for how many years? Or is it something different?

Hello,

The 2008 poverty guidlelines are included with the directions for completing the I-864 & I864P.

Good Luck with all!

[Ling Ling 22]

If your current and average income (verifiable by tax returns) meets the 125% poverty guideline,

there is no need to present assets.

As others have noted, guidelines are published in I-864P which is readily found via Google.

[pushbrk 12,243]

I am sure I have adequate assets for bringing my fiance to the U.S., but I haven't found any clear information about how much is required. Is it 125% of the poverty line per person for how many years? Or is it something different?

The asset requirement is zero. The income requirement, as a practical matter is 125% of poverty level for the applicable household size. For fiance or spouse, $3 in liquide assets can replace $1 in income shortfall, if needed.

[Rohini 0]

Thank you for your replies. I do not make enough money to exceed 125% of the poverty line, but I DO have enough assets to exceed 5 years (per person @ 125%). My actual income is quite low, do I still need to a co-sponser despite my assets?

[pushbrk 12,243]

Thank you for your replies. I do not make enough money to exceed 125% of the poverty line, but I DO have enough assets to exceed 5 years (per person @ 125%). My actual income is quite low, do I still need to a co-sponser despite my assets?

Probably not, provided you can document the assets.

[Penguin_ie 5,986]

Thank you for your replies. I do not make enough money to exceed 125% of the poverty line, but I DO have enough assets to exceed 5 years (per person @ 125%). My actual income is quite low, do I still need to a co-sponser despite my assets?

It depends slightly on the consulate (some don't seem to like a mostly asset based petition), but yes, you can use assets and technically they have to allow you, as per the directions on the I-864. We did my IR-1 on assets only as my husband hasn't worked in the last 3 years and instead lived with me here in Ireland. We had a mortgage free house in joint names, valued in 2007, and a US bank account with some cash in the USC's name only, and that was accepted no problem.