Beneficiary Assets used for sponsoring I-864A questions

[rac717 7]

I think I am clear but..

I am the sponsor.  I have no income for the last few years as I quit my job and husband supports us.  I am clear with the IRS that I did not need to file as I have zero income.

 

1) When filing, on the form where I will be asked for prior tax returns, I simply write in that I have not filed as I have no income and have been living abroad.

2) We will file the I-864A to use our assets, not the I-864.  Is that correct?

3) Also, we are filing electronically.  I have the paperwork showing the ownership of properties, ongoing rental contracts in the commercial property, and bank accounts, etc.  I assume I can just scan those and he can bring the originals to the embassy when he goes for his interview?

 

Thanks all!

[mallafri76 1,012]

1. Also attach a letter explaining why you were not required to file taxes. 

 

2. The petitioner will file I-864 and there's a part on that form where you can add the intended immigrant's assets. When the intended immigrant is your spouse, you do NOT file I-864a.

 

3. I would assume so but I have no experience with electronic filing so hopefully someone else will come along to confirm.

 

Side note: not sure if you know this but assets must be three times the poverty guidelines and you must show evidence that the assets have been in your possession for at least a year. Foreign income cannot be counted unless it continues from the same source after immigration. 

When we did assets, we used a letter from my bank manager as well as stock portfolio analysis to prove assets. If the assets are not in US dollars, ad a note converting the foreign asset amounts to USD and what exchange rate used.

Edited March 21, 2017 by mallafri76

[rac717 7]

Thanks!  Yes, income will continue even when we're in the US, it's a commercial property and rented out so inherent value + ongoing rents.  Also, ownerships in company which will be ongoing funds.  And then bank accounts. 

 

Agh - so exciting and yet also nerve-wracking!