Affidavit of Support-Assets Only-any advice?

[Rohini 0]

I will be using assets only in the affidavit of support. I have more than the amount needed for 125% for 5 years. Is this generally a problem to use assets only and not have a co-sponsor? The other people I know who may qualify to be co-sponsors only have assets as well.

I signed the affidavit of support for my ex 10 years ago, and assets seemed to be no prob., except he was already in the U.S. on a student visa when we married. Maybe it's different if your fiance(e) is not in the country?

Does owning real estate help in the case of assets only?

Any further information or advice is appreciated.

Edited July 10, 2009 by Rohini

[Gary and Alla 3,694]

I will be using assets only in the affidavit of support. I have more than the amount needed for 125% for 5 years. Is this generally a problem to use assets only and not have a co-sponsor? The other people I know who may qualify to be co-sponsors only have assets as well.

I signed the affidavit of support for my ex 10 years ago, and assets seemed to be no prob., except he was already in the U.S. on a student visa when we married. Maybe it's different if your fiance(e) is not in the country?

Does owning real estate help in the case of assets only?

Any further information or advice is appreciated.

It depends on the consulate. You can ask in the regional forum. YES, it makes a difference when the person is already in the US as you do not deal with a consulate. Consulates have braod latitude on this. YOU must satisfy them your fiancee will not become a public charge. This is more than just meeting a particular number, it is not so cut and dried as that. It is a subjective decision and a consulate can refuse to consider any, or all, assets.

Owning property is considered an "asset" but you must have a current professional appraisal or tax assessment and current mortgage statement to determine "equity" in the property. If there is little or no equity, then it is not considered an asset at all.

The affidavit you submitted for your "ex" means you must consider her in your family size unless she is no longer covered by that. If she has become a citizen, left the country, or worked the required 40 quarters (she may have by now) you would be released from your obligation, if not you must still count her in your family size.

[payxibka 10,044]

moving thread to:

US Embassy and Consulate Discussion

You are almost there and now you have to deal with the embassy. This is the place to post your experiences or questions related to this last step before moving to the US. Topics relating to I-134's, packets sent from consulate and medical & police certificates should be posted here.

[Penguin_ie 5,985]

If you are well over the 125% x 5, and you can clearly demonstrate that you own the assets and what they are worth (for example with a home, have a current evaluation and show how much, if anything, is owed to the bank), it is generally not a problem to use assets, but as PP said, it does depend somewhat on the consulate. They will take into account how easy it is to liquidate said assets; for example if you "only" own a home that is just above the needed asset amount, they may not allow it as it would be difficult to sell a house for full price quickly in the current market.

It's usually x 3 for a spouse, x5 for others btw, but I am not sure what visa you are applying for- a timeline would help us advise you better.