Co-Sponsor Poverty Line & Assets Question

[GodRaine 0]

Hey everyone,

So the lovely KayDeeCee was helping me in another thread with respect to co-sponsors. I determined that our co-sponsor, who is retired (from a back injury, he's 55) but makes money from property at this point, has $11K to report in terms of income but also has about $90K in assets on a house that we can put down.

KayDeeCee indicated that since the person is below the poverty line according to their tax forms, they need five times the difference in assets.

The deficit is thus $9,662 (We're two people, nobody additional) and so five times that is 48,310. We've got approximately 47% more than what is required in this case.

Am I in the clear? Is there any documentation from the USCIS that discusses this? Any help or insight into this would be amazing.

Thank you everyone

[Kay&Jay 44]

Check this out sister follow this.

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

[GodRaine 0]

Check this out sister follow this.

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

Yep - that's what I used to determine the poverty minimum. Unfortunately that document does not tell me whether or not a co-sponsor with $11K in income and a $90K house is in the clear ): Thank you though!

[Kay&Jay 44]

Yep - that's what I used to determine the poverty minimum. Unfortunately that document does not tell me whether or not a co-sponsor with $11K in income and a $90K house is in the clear ): Thank you though!

Why don't you find another co sponsor with a higher income ?

[GodRaine 0]

Why don't you find another co sponsor with a higher income ?

If we had that option, that would be preferable, yes - but unfortunately this person is the only person that we have been able to get to agree to do it. It's a big responsibility, and so there's only one person we have that is willing to make it happen.

[Kay&Jay 44]

If we had that option, that would be preferable, yes - but unfortunately this person is the only person that we have been able to get to agree to do it. It's a big responsibility, and so there's only one person we have that is willing to make it happen.

Yeah I understand honestly I don't know much about assets hope there be someone who will explain that to you.Good luck