required/minimun amount of bank savings

[pinedo 2]

Hi everyone. Sorry if i keep on asking and posting here. We just need to know few things so our worries could decrease. We were wondering is there a minimum amount of savings from your bank that is required to get approved? Been searching for answers over the net but I could find any. Thank you for your help. Very much appreciated!

[Cathi 5,609]

No

[Penguin_ie 5,985]

No, income is far more important.

Savings only matter if you don;t have enough income.

[Mike-eeh and Odie 192]

The beneficiary of the Visa does not need to have a savings account. The petitioner however would need a substantial amount of savings if they do not meet the minimum income requirements.

[pinedo 2]

thank you so much for all your answers. I really appreciate all of it!

[Hank_ 9,173]

Hi everyone. Sorry if i keep on asking and posting here. We just need to know few things so our worries could decrease. We were wondering is there a minimum amount of savings from your bank that is required to get approved? Been searching for answers over the net but I could find any. Thank you for your help. Very much appreciated!

There is no savings requirement to get approved, in fact USEM does not even consider assets when approving applications, they want to see adequate income or a qualified co-sponsor.

For everything K-1 related for USEM in the Philippines follow the flashing arrow below in my signature.

When you have time pop over to the Philippines forum to get better answers relating to the process in the Philippines: http://www.visajourney.com/forums/forum/129-philippines/

No, income is far more important.

Savings only matter if you don;t have enough income.

The beneficiary of the Visa does not need to have a savings account. The petitioner however would need a substantial amount of savings if they do not meet the minimum income requirements.

[VOL 425]

No, income is far more important.

Savings only matter if you don;t have enough income.

Negative, Not in Philippines

[VOL 425]

The beneficiary of the Visa does not need to have a savings account. The petitioner however would need a substantial amount of savings if they do not meet the minimum income requirements.

Negative, You could have 100 thousand US dollars in your bank account, It would do no good in Philippines, They only look at income.

And lately they don't even care if you have work or not, Most are not having to show tax returns, or income or anything and CO is not asking for I-134

[pinedo 2]

Thanks everyone. I hope co sponsor will be accepted here in the Philippines. my partner wants his mother to be our sponsor. And another question. Which does the embassy focus on? Your current income or your last income tax return? My fiance is about a year on his job this coming may. Thank you again everyone!

[VOL 425]

Thanks everyone. I hope co sponsor will be accepted here in the Philippines. my partner wants his mother to be our sponsor. And another question. Which does the embassy focus on? Your current income or your last income tax return? My fiance is about a year on his job this coming may. Thank you again everyone!

The focus on either Current Income or Income Tax return.

It depends if the person is self employed or work for somebody

[pinedo 2]

his currently employed. His total annual income last year is short for the required amount but on his current job he has a higher salary and we believe it reached the required amount of 125% (19***$). I just hope we got approved. But will still have his mother as our sponsor in case.

[raven52 233]

All depends on income, per month/year, and how many dependents.