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I-864 and assets

By Frips in IR-1 / CR-1 Spouse Visa Process & Procedures

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Frips Proficient

Frips   166

Posted
Filed: Citizen (pnd) Country: Slovenia
 Timeline
Posted

Hi

Our I-130 has been approved and now we are waiting the case # at NVC.
On I-864 we want to try to use our assets to meet the requirement for household of three. Somehow we do not want to use co-sonsor. MY USC wife is with me in Europe and she has no US income because she is working here. Here we have two houses and two vehicles for sell.

When the time comes for filing AOS package and if by then we will not be able to sell one of the house (to get cash), can we use them as assets anyway?

As I understand the instructions for I864, we have to enclose proof of ownership and estimated net value of real estate?!

Who should do the estimation? Real estate agent ? How about the estimation of our vehicles?

At the end we are planning to sell everything here, but we do not want to sell under the price, just to get liquid cash.

N-400 Timeline
04/02/19 N-400 Submitted online
04/22/19 Biometrics
11/05/19 Interview (Approved)


ROC Timeline

Service Center: California

08/11/17 I-751 Packet delivered to USCIS

09/18/17 Biometrics Appointment

08/17/18 2nd extension letter (additional 6 months)

11/02/18 New card is being  produced (Approved)

 

NVC
11-04-2014 NVC case receive

05-20-2015 Visa received

10-06-2015 Time to kick back and let it fly

 

Frips Proficient

Frips   166

Posted
Filed: Citizen (pnd) Country: Slovenia
 Timeline
  • Author
Posted

Anyone?

N-400 Timeline
04/02/19 N-400 Submitted online
04/22/19 Biometrics
11/05/19 Interview (Approved)


ROC Timeline

Service Center: California

08/11/17 I-751 Packet delivered to USCIS

09/18/17 Biometrics Appointment

08/17/18 2nd extension letter (additional 6 months)

11/02/18 New card is being  produced (Approved)

 

NVC
11-04-2014 NVC case receive

05-20-2015 Visa received

10-06-2015 Time to kick back and let it fly

 

Ryan H Grand Master

Ryan H   3,813

Posted
Filed: Lift. Cond. (apr) Country: China
 Timeline
Posted (edited)

Whenever real estate is used as an asset, the estimated value must come from a professional appraiser in the form of an appraisal.

I may be wrong (and correct me if I am), but I find it highly unlikely foreign real estate would be allowed because if the terms of the I-864 were not met and the government sought reimbursement, they probably could not put any liens on foreign real estate the same way they could on US real estate.

Edited by Ryan H

Our journey:

Spoiler

September 2007: Met online via social networking site (MySpace); began exchanging messages.
March 26, 2009: We become a couple!
September 10, 2009: Arrived for first meeting in-person!
June 17, 2010: Arrived for second in-person meeting and start of travel together to other areas of China!
June 21, 2010: Engaged!!!
September 1, 2010: Switched course from K1 to CR-1
December 8, 2010: Wedding date set; it will be on February 18, 2011!
February 9, 2011: Depart for China
February 11, 2011: Registered for marriage in Wuhan, officially married!!!
February 18, 2011: Wedding ceremony in Shiyan!!!
April 22, 2011: Mailed I-130 to Chicago
April 28, 2011: Received NOA1 via text/email, file routed to CSC (priority date April 25th)
April 29, 2011: Updated
May 3, 2011: Received NOA1 hardcopy in mail
July 26, 2011: Received NOA2 via text/email!!!
July 30, 2011: Received NOA2 hardcopy in mail
August 8, 2011: NVC received file
September 1, 2011: NVC case number assigned
September 2, 2011: AOS invoice received, OPTIN email for EP sent
September 7, 2011: Paid AOS bill (payment portal showed PAID on September 9, 2011)
September 8, 2011: OPTIN email accepted, GZO number assigned
September 10, 2011: Emailed AOS package
September 12, 2011: IV bill invoiced
September 13, 2011: Paid IV bill (payment portal showed PAID on September 14, 2011)
September 14, 2011: Emailed IV package
October 3, 2011: Emailed checklist response (checklist generated due to typo on Form DS-230)
October 6, 2011: Case complete at NVC
November 10, 2011: Interview - APPROVED!!!
December 7, 2011: POE - Sea-Tac Airport

September 17, 2013: Mailed I-751 to CSC

September 23, 2013: Received NOA1 in mail (receipt date September 19th)

October 16, 2013: Biometrics Appointment

January 28, 2014: Production of new Green Card ordered

February 3, 2014: New Green Card received; done with USCIS until fall of 2023*

December 18, 2023:  Filed I-90 to renew Green Card

December 21, 2023:  Production of new Green Card ordered - will be seeing USCIS again every 10 years for renewal

 

Penguin_ie Grand Master

Penguin_ie   5,994

Posted
Filed: Citizen (apr) Country: Ireland
 Timeline
Posted

Ryan is correct.

Most embassies will want the assets to be US based. If needed, you can probably delay the case some to get the house sold.

A professional and recent appraisal is needed to value the home. As for the vehicle, in the USA you'd use Kelly Blue Book, is there something similar in your country? If not, maybe get evaluation from 2-3 garages.

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

Frips Proficient

Frips   166

Posted
Filed: Citizen (pnd) Country: Slovenia
 Timeline
  • Author
Posted

I have asked my embassy (Slovenia)about that question, but the answer was they can not help me with filling the form...whatever....

We will estimated real estate and try to use it...we'll se what will happen.

Thx for replays

N-400 Timeline
04/02/19 N-400 Submitted online
04/22/19 Biometrics
11/05/19 Interview (Approved)


ROC Timeline

Service Center: California

08/11/17 I-751 Packet delivered to USCIS

09/18/17 Biometrics Appointment

08/17/18 2nd extension letter (additional 6 months)

11/02/18 New card is being  produced (Approved)

 

NVC
11-04-2014 NVC case receive

05-20-2015 Visa received

10-06-2015 Time to kick back and let it fly

 

  • 4 weeks later...
Frips Proficient

Frips   166

Posted
Filed: Citizen (pnd) Country: Slovenia
 Timeline
  • Author
Posted (edited)

Yeah...we managed to sell one real estate :D. Now we will transfer money to US account. Do you recommend that we include sales contract to show from where the money is?

Edited by Frips

N-400 Timeline
04/02/19 N-400 Submitted online
04/22/19 Biometrics
11/05/19 Interview (Approved)


ROC Timeline

Service Center: California

08/11/17 I-751 Packet delivered to USCIS

09/18/17 Biometrics Appointment

08/17/18 2nd extension letter (additional 6 months)

11/02/18 New card is being  produced (Approved)

 

NVC
11-04-2014 NVC case receive

05-20-2015 Visa received

10-06-2015 Time to kick back and let it fly

 

Penguin_ie Grand Master

Penguin_ie   5,994

Posted
Filed: Citizen (apr) Country: Ireland
 Timeline
Posted

It probably won't be needed, but may be best to bring the contract to the interview, just in case.

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

Frips Proficient

Frips   166

Posted
Filed: Citizen (pnd) Country: Slovenia
 Timeline
  • Author
Posted

Thx:)

N-400 Timeline
04/02/19 N-400 Submitted online
04/22/19 Biometrics
11/05/19 Interview (Approved)


ROC Timeline

Service Center: California

08/11/17 I-751 Packet delivered to USCIS

09/18/17 Biometrics Appointment

08/17/18 2nd extension letter (additional 6 months)

11/02/18 New card is being  produced (Approved)

 

NVC
11-04-2014 NVC case receive

05-20-2015 Visa received

10-06-2015 Time to kick back and let it fly

 

 
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