Affidavit of support I-864 (intended immigrants asset)

[jn0603 0]

We have just gotten married last week and my husband the sponsor recently quit his job, he's working as a promoter as of now (self employed). So there's not much of proof of income. It says that I the intended immigrant may use my assets so does that mean I can show proof I have money in the bank?

[belinda63 2,981]

Assets must be 3X the difference between income (which I assume is currently $0) and 125% of the poverty level for the household size. They must be in a US bank.

[jn0603 0]

Thank you for replying.

I was reading the instructions page for the form I-864

4. What If I Cannot Meet the Income Requirements?

If your income alone is not sufficient to meet the requirement for your household size, the intending immigrant will be ineligible for an immigrant visa or adjustment of status, unless the requirement can be met using any combination of the following:

a. Income from any relatives or dependents living in your household or dependents listed on your most recent Federal tax return who signed a Form I-864A, Contract Between Sponsor and Household Member.

b. Income from the intending immigrant, if that income will continue from the same source after immigration, and if the intending immigrant is currently living in your residence. If the intending immigrant is your spouse, his or her income can be counted regardless of current residence, but it must continue from the same source after he or she becomes a lawful permanent resident;

c. The value of your assets, the assets of any household member who has signed a Form I-864A, or the assets of the intending immigrant;

In part C, I do have assets in USD but in a Canadian bank account but they're in stocks so can that be used? Because it can be cashed in within a year.

[KayDeeCee 4,892]

Yes. The I-864 instructions do not ever state that the assets must be in a US bank. They need to be able to turned into cash within a year without financial hardship. For assets alone with a household of 2, you need at the bare minimum around $60k usd. The more you have, the better for using assets alone. Provide proof you own the stocks and their value.

You may use the assets of the intending immigrant regardless of where he or she resides. The intending immigrant
must provide evidence of such assets with this form. Form I-864A is not required to document the intending
immigrant's assets.

http://www.uscis.gov/sites/default/files/files/form/i-864instr.pdf

~ Moved from K-1 Process to AOS from Family Based Visas - topic is AOS, not K-1 ~

[belinda63 2,981]

I stand corrected. I had always assumed they had to be in a US bank so they could be garnished it necessary.

[jn0603 0]

Ok thank you for your help but I also have a car in canada, may I use that as my asset? I read that the sponsor may use car as asset as long as it's their 2nd car? But this is my car in canada?