Jump to content
Sign in to follow this  
Lu_lu

can somebody comfirm this ???

11 posts in this topic

Recommended Posts

Filed: Timeline

so my brother wil be co sponsor for my fiance, and will this be enuff for him as a co sponsor,

-he get paid 18 an hours which for a whole year would be around 34,560 ( will not be enuff for a family of 6 including my fiance) Poverty guiedline for 6 people is 38,712

- but he own 2 house one he rent out for people to live, one he is living in

-savings in bank at least 15,000

would this be enuff for him to co sponsor my fiance ????

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ireland
Timeline

How much equity does he have in the houses, especially the rental property?


Bye: Penguin

Me: Irish/ Swiss citizen, and now naturalised US citizen. Husband: USC; twin babies born Feb 08 in Ireland and a daughter in Feb 2010 in Arkansas who are all joint Irish/ USC. Did DCF (IR1) in 6 weeks via the Dublin, Ireland embassy and now living in Arkansas.

mod penguin.jpg

Share this post


Link to post
Share on other sites
Filed: Timeline

How much equity does he have in the houses, especially the rental property?

IM not sure how much he has in equity for the house but pls try to make me understand this part if he is short at least around 4152k since he makes yearly estimated around 34,560 a year , and 4152 *3 is 12,456 would he only need to have at least 12,456 or little bit more to be able to qualify enuff to help co sponsor since he already have 15k in savings??? I saw a post that give me a example (For example: If a person makes $10k per year, and $18k is required for a household of 2, then there is an $8k shortfall. For the I-134, $8k*3 is required, so $24k in assets. For the I864 (for AOS), $8k*5 = $40k.)

Thanks

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ireland
Timeline

If a co-sponsor needs to use assets, it is x 5 the shortfall, not x3 (that is only for the spouse). So the savings alone won't do.


Bye: Penguin

Me: Irish/ Swiss citizen, and now naturalised US citizen. Husband: USC; twin babies born Feb 08 in Ireland and a daughter in Feb 2010 in Arkansas who are all joint Irish/ USC. Did DCF (IR1) in 6 weeks via the Dublin, Ireland embassy and now living in Arkansas.

mod penguin.jpg

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ukraine
Timeline

so my brother wil be co sponsor for my fiance, and will this be enuff for him as a co sponsor,

-he get paid 18 an hours which for a whole year would be around 34,560 ( will not be enuff for a family of 6 including my fiance) Poverty guiedline for 6 people is 38,712

- but he own 2 house one he rent out for people to live, one he is living in

-savings in bank at least 15,000

would this be enuff for him to co sponsor my fiance ????

Full time work is 2080 hrs. per year x 18 = $37,440. They go by current gross income. That plus the savings in the bank is enough.


VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

Share this post


Link to post
Share on other sites
Filed: Timeline

If a co-sponsor needs to use assets, it is x 5 the shortfall, not x3 (that is only for the spouse). So the savings alone won't do.

Im thinking my brother might have enough assets to still co-sponsor ..im gonna have to check with him about everything ...I will make a new thread later thanks..

Share this post


Link to post
Share on other sites
Filed: Timeline

Full time work is 2080 hrs. per year x 18 = $37,440. They go by current gross income. That plus the savings in the bank is enough.

I thought full time work is 40 hours a week, i made a estimated 18x40= 720 and 720x4 weeks in a month and multiply that by 12 month in a year, this is just my estimated for him but i gotta talk with him about his last year incomes, i will update later thanks

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ireland
Timeline

But there is a little more than 4 weeks in a month- so Gary is right, assuming he works all year and has paid or no vacation time.


Bye: Penguin

Me: Irish/ Swiss citizen, and now naturalised US citizen. Husband: USC; twin babies born Feb 08 in Ireland and a daughter in Feb 2010 in Arkansas who are all joint Irish/ USC. Did DCF (IR1) in 6 weeks via the Dublin, Ireland embassy and now living in Arkansas.

mod penguin.jpg

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ukraine
Timeline

I thought full time work is 40 hours a week, i made a estimated 18x40= 720 and 720x4 weeks in a month and multiply that by 12 month in a year, this is just my estimated for him but i gotta talk with him about his last year incomes, i will update later thanks

There are not four weeks in a month. There are 52 weeks in a year. 18 x 40 x 52. Try it, you'll like it. February is the only month with 4 weeks. And even in leap years it is 4 weeks and a day.

Shortfall is around a $1000 and is easily covered by the savings. A lot easier to document than realestate which is not always even counted (consulate can decide)

Edited by Gary and Alla

VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

Share this post


Link to post
Share on other sites
Filed: Citizen (apr) Country: Ukraine
Timeline

I thought full time work is 40 hours a week, i made a estimated 18x40= 720 and 720x4 weeks in a month and multiply that by 12 month in a year, this is just my estimated for him but i gotta talk with him about his last year incomes, i will update later thanks

The easy calculation is Hourly rate x 2080 for annual income. Assumes NO vacation or paid vacation. For quick and dirty estimates simply double the numbers of the hourly rate to the left of the decimal. ie. $9 per hour equals $18,000 per year. It is actually a little more but that is a quick estimate.


VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

Share this post


Link to post
Share on other sites

I thought full time work is 40 hours a week, i made a estimated 18x40= 720 and 720x4 weeks in a month and multiply that by 12 month in a year, this is just my estimated for him but i gotta talk with him about his last year incomes, i will update later thanks

I have to do this for budgeting. If he is paid for Holidays and receives vacation time then take 18 X 2080. 2080 is the total hours worked at 40 per week for 52 weeks. So it is $37,440 is his annualzed gross income.

Share this post


Link to post
Share on other sites
 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
- Back to Top -


Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...