I-134: Do I need to find a co-sponsor? Do I make the cut?

[newsboy 0]

Hi everyone,

I'm filling out the I-134 and I'm hoping this is convincing enough for my fiancee to get the visa. Here's the facts:

$19,300 a year

$5,400 in the bank

$4,700 property (my car)

$4,800 401k

$45,000 life insurance

No real estate

I also have other liquid assets like my Macbook Pro some video equipment. I could live without the car and use public transportation.

What constitutes "other encumbrances"? Basically any outstanding debt like student loans?

If so I have $19,000 in student loans.

Is this solid enough or would the consulate in El Salvador be hesitant to grant the visa?

[Penguin_ie 5,997]

If you only have one car, it won't count (as they assume you need one car and so won;t be able to sell it).

You are over with the savings and 401K, so in many US embassies you'd be fine but some are stricter- hopefully someone with local experience will come along and advice you.

[Hank_ 9,174]

If your income meets or exceeds the income requirements of the Poverty Guidelines you do not need to list additional assets, just include copies of your tax return, W-2, pay stubs and if possible an employers letter.

If you are short you need assets that are equal to 5 times the shortage.

Edited August 8, 2013 by Hank_

[baron555 934]

Hi everyone,

I'm filling out the I-134 and I'm hoping this is convincing enough for my fiancee to get the visa. Here's the facts:

$19,300 a year

$5,400 in the bank

$4,700 property (my car)

$4,800 401k

$45,000 life insurance

No real estate

I also have other liquid assets like my Macbook Pro some video equipment. I could live without the car and use public transportation.

What constitutes "other encumbrances"? Basically any outstanding debt like student loans?

If so I have $19,000 in student loans.

Is this solid enough or would the consulate in El Salvador be hesitant to grant the visa?

The car doesn't count unless you sell it and convert it to cash.

Same with the life insurance unless you die and convert it also to cash....but doing that may mess up your other plans !!!!

The 401K amount would have to be reduced such that you did an early withdrawal and paid the extra IRS penalties.

Edited August 8, 2013 by baron555

[baron555 934]

The car doesn't count unless you sell it and convert it to cash.

Same with the video equipment; sell it and convert it to cash.

Same with the life insurance unless you die and convert it also to cash....but doing that may mess up your other plans !!!!

The 401K amount would have to be reduced such that you did an early withdrawal and paid the extra IRS penalties.

If you're close, I'd look for a cosponsor.

Edited August 8, 2013 by baron555

[newsboy 0]

If your [yearly] income meets or exceeds the income requirements of the Poverty Guidelines you do not need to list additional assets...

I'm short by $87... But I easily cover that 5 times over and then some.

Thank you everyone for the quick answers!

Does anyone know what constitutes "other encumbrances" though? that's the one question I still have

...but doing that may mess up your other plans !!!!

Yeah, it's definitely not on the to do list lol.

[Hank_ 9,174]

Other encumbrances: liens - such as tax liens, mechanical liens