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Filed: Country: Canada
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Posted

Hey! Anybody ever do an Affidavit of Support using only assets (we can show 3X the poverty level for our family)? This is for adjusting status via marriage to a USC.....how does USCIS look at Affidavits that only have assets (and we don't have millions of assets - but we can show 3X the poverty limit in cash accounts pretty easily)....I have read that they take the income more into consideration than assets but wondering if they can/would deny Adjustment of Status for an I-864 that shows only assets....

Thanks!

Filed: IR-1/CR-1 Visa Country: Vietnam
Timeline
Posted

If the assets are in cash or cash equivalents you ought to be fine. Now if some of this cash is in a business/sole proprietor account it may not be considered. The big test is would liquidating the asset(s) cause considerable hardship or financial loss.

From the I-864 instructions: Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included.

I-864 Affidavit of Support FAQ -->> https://travel.state.gov/content/visas/en/immigrate/immigrant-process/documents/support/i-864-frequently-asked-questions.html

FOREIGN INCOME REPORTING & TAX FILING -->> https://www.irs.gov/publications/p54/ch01.html#en_US_2015_publink100047318

CALL THIS NUMBER TO ORDER IRS TAX TRANSCRIPTS >> 800-908-9946

PLEASE READ THE GUIDES -->> Link to Visa Journey Guides

MULTI ENTRY SPOUSE VISA TO VN -->>Link to Visa Exemption for Vietnamese Residents Overseas & Their Spouses

 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

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