Is what I have enough for I-134?

[nihaoma18 0]

Hi all, I need to fill up the I-134 form for my fiance. We got our interview on April 20th. My situations are I was previously a real estate investor before 2008, I have sold all my houses during 2007 and moved to peru with my fiance of 3 years, I live off my assets and i invest in stock account. Last year i came back to the state and open a small importing company, it's in its beginning stage. The company is worth about $50,000 only, I have $12,000 in saving, and $120,000 in stock account with Charles Schwabs, which I have printed out all the evidences. Will this be enough for supporting my fiance for the K-1 Visa?

Thank you for you opinions

[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.

[K and L 27]

AFAIK, if you do not have an income of $18,212, you will need to prove that you've got the difference in assets for the 10 year period (or, $182,120). You are close enough that you may be able to skirt by if you can wrangle up other assets (jewelry, owned car(s), etc).

However, you may wish to consider finding a cosponsor, just to ensure no delays.

Edited April 9, 2010 by K and L

[Darnell 8,478]

10 year period? did something change?

It was, last time I checked, assets totalling 3 times the poverty level guideline amount (times 1.25)

Where did you see '10 year period'?

[nihaoma18 0]

10 years? i have never heard of that one before? i know i do have to have 5 times of the differeces for the minimum 125% guideline..

[Audy_Rob 26]

It could be construe to mean five times for Alien fiance(e) and three times for Alien spouse.

In Section 29, page 9 of the I-864 instructions:

In order to qualify based on the value of your assets, the total value of your assets must equal at least five times thedifference between your total household income and the current poverty guidelines for your household size. However,if you are a U.S. citizen and you are sponsoring your spouse or minor child, the total value of your assets must only be equal to at least three times the difference.

But if it is I-129F and K-1, the fiance(e) will become a spouse very shortly after entering the USA. I believe three times would work but you might want to check with your Embassy or a thread here at VJ for your Embassy.

[Darnell 8,478]

ya, it's that computation from the I-864 that I'm referring to. for a USC, it's 3 times (poverty guidelines amount X 1.25) in assets.

[Audy_Rob 26]

If it is three times (and not five times) then it would be:

[(PovertyAmount * 1.25) - Current Income ] * 3.

That is three times the difference between 1.25 times the correct poverty line MINUS the current income which leaves the shortfall or amount to be made up with assets. Multiply the shortfall or amount to be made up times THREE to get the necessary amount in assets.

Editing to Clarify the other posting:

10 years is the length that the contract remains in force (with some exceptions) between the USC or joint sponsors and the US Government. It has nothing to do with calculation of assets.

Edited April 9, 2010 by Audy_Rob

[nihaoma18 0]

So I should be fine, right? i believed i filed for somewhere around $6000 for income tax. I am the only one in the household, and I have about $120,000 in stock, additional $10,000 in bank and other misc. moneys and assets?

Thanks

[Darnell 8,478]

Ya, I think you will be fine. List the assets (stock account) in the I-864.

[nihaoma18 0]

I 184? it's for my fiance visa, I-134 is the form i need to fill up for my fiance's interview.

[Audy_Rob 26]

I 184? it's for my fiance visa, I-134 is the form i need to fill up for my fiance's interview.

Yes, I-134.

Be sure to provide copies of the stock account statements. More than just one months worth.

[Darnell 8,478]

I 184? it's for my fiance visa, I-134 is the form i need to fill up for my fiance's interview.

Sorry - was bleary eyed last night.

I DO MEAN I-134.

[K and L 27]

10 year period? did something change?

It was, last time I checked, assets totalling 3 times the poverty level guideline amount (times 1.25)

Where did you see '10 year period'?

Could not tell you. Glad to know it's only 3/5 (depending on who the sponsor is) instead of 10 -- I probably assumed that since the contract's for 40 working quarters, the assets had to clear 10 years as well.