Using savings on Affidavit of Support

[684117 15]

Hello members, I kindly need your input, 

 

We went through our process via DCF. Obviously my USC wife does not live in USA, we are good on the domicile proof part. 

 

For the form i864, can we use her and MY savings on the form even though she makes above the poverty guideline? We do have a joint sponsor as her source of income will stop. but what she made last year and will be making this year before we depart is also above the 125%. So should we add the savings anyways? is it also advisable to add my savings? 

 

Thank you. 

[Redheadguy03 505]

45 minutes ago, 684117 said:

Hello members, I kindly need your input, 

 

We went through our process via DCF. Obviously my USC wife does not live in USA, we are good on the domicile proof part. 

 

For the form i864, can we use her and MY savings on the form even though she makes above the poverty guideline? We do have a joint sponsor as her source of income will stop. but what she made last year and will be making this year before we depart is also above the 125%. So should we add the savings anyways? is it also advisable to add my savings? 

 

Thank you. 

I'm not sure if your savings is able to be counted. As far as hers if you are above the 125 it isn't needed. However, it won't hurt anything to put it, so do it! Extra can't hurt. ☺️

[ASMS 86]

I know assets can be counted but under certain conditions.

 

Not sure, But I think her income in there doesn't count since it will stop after moving to the U.S, so the joint sponsor is mandatory in your case (if he/she meets the requirements)

[mallafri76 1,012]

There are plenty of threads about assets. You can find them by using the search tool.

 

Yes assets can be used. We used pure assets in my name (beneficiary) and didn't have any issues, as has many others. With that said, you are going through the most difficult embassy and "normal" rules don't apply to you. 

 

Since your wife's salary will stop, you need a joint sponsor. 

[684117 15]

We do have a joint sponsor. 

 

My question is specifically to know if its okay to add the savings, not assets. It is not clear hat is the rule for me, the beneficiary to add my savings. 

 

For assets it says I must be a household member or so but not for saving accounts. 

[Penguin_ie 5,986]

Savings are assets.

Yes you can ad yours; keep in mind the CO may question why you do not have them in a joint account, and many embassies do not take foreign assets/ savings, only those in the USA, so if you can, transfer the savings to a US account.

[684117 15]

12 hours ago, mallafri76 said:

There are plenty of threads about assets. You can find them by using the search tool.

 

Yes assets can be used. We used pure assets in my name (beneficiary) and didn't have any issues, as has many others. With that said, you are going through the most difficult embassy and "normal" rules don't apply to you. 

 

Since your wife's salary will stop, you need a joint sponsor. 

Thanks, 

I couldn't find any thread that answered my question   what we intend to use is not assets like house or land or so, we just want to add our checking and savings accounts funds and show statements as proof. 

 

We do have a joint sponsor. 

[684117 15]

1 minute ago, Penguin_ie said:

Savings are assets.

Yes you can ad yours; keep in mind the CO may question why you do not have them in a joint account, and many embassies do not take foreign assets/ savings, only those in the USA, so if you can, transfer the savings to a US account.

Much appreciated. 

 

We do not have them in joint accounts but I actually have a supplement card to her account and she has one to my account. we have copies of cards in case CO asked. 

[Thesmiths2016 117]

Savings do count as assets.  In fact this is ALL we used.  There is a section for your savings and a section for her savings on the form, then a spot to add them together.  We just finished the process (got approved on thursday) using just assets of above the requirements (for us it was a household size of 3, so we needed $76,600K).  We had money in a US account under my husbands name for half, and the rest was in an account under my name but he had access, and 2 accounts with both our names on it.  No issues at all.  We are however from a low fraud country, I'm unsure of your embassy? 

At our interview we were asked if we had jobs lined up. We advised not yet but that we are both from industries that are employable.  I (the beneficiary) mentioned I worked in the rail industry and have a past workmate living in the USA in the town we will be in... but that we plan to start our own business also.  He then asked "I see your AOS mentions you're petitioning based on assets. Tell me about them", so we explained we started saving in 2014 to ensure we had enough to cover our application, and allow us to setup our new life in the USA... and that although we could get a sponsor if needed we prefer to do everything off our own back.  

So that's our experience, I hope that helps. 

Now onto "proving" your assets.  They will want to see that you've had them in your possession for more than 12 months ... basically that you didn't just "come across" funds suddenly for your visa. We provided bank statements for 2 years for our savings account, 1 year for our transaction account which had just a small amount in, 1 year statements for the US account we have been transferring to, and the currency fair transaction summary to show the funds going from our AUS and NZ accounts to the US account.
We also used the federal exchange rates as a "reputable" site. We printed out the latest and provided it along with a summary showing funds in current currency and the exchanged amount. Here's the link. 

 

https://www.federalreserve.gov/releases/h10/current/default.htm

Message me if you need more help with this :-)   PS; when you get to interview stage they'll want an updated form with updated statements (in my case just the statements and balance since the ones I sent to NVC)

[684117 15]

 

Savings do count as assets.  In fact this is ALL we used.  There is a section for your savings and a section for her savings on the form, then a spot to add them together.  We just finished the process (got approved on thursday) using just assets of above the requirements (for us it was a household size of 3, so we needed $76,600K).  We had money in a US account under my husbands name for half, and the rest was in an account under my name but he had access, and 2 accounts with both our names on it.  No issues at all.  We are however from a low fraud country, I'm unsure of your embassy? 

At our interview we were asked if we had jobs lined up. We advised not yet but that we are both from industries that are employable.  I (the beneficiary) mentioned I worked in the rail industry and have a past workmate living in the USA in the town we will be in... but that we plan to start our own business also.  He then asked "I see your AOS mentions you're petitioning based on assets. Tell me about them", so we explained we started saving in 2014 to ensure we had enough to cover our application, and allow us to setup our new life in the USA... and that although we could get a sponsor if needed we prefer to do everything off our own back.  

So that's our experience, I hope that helps. 

Now onto "proving" your assets.  They will want to see that you've had them in your possession for more than 12 months ... basically that you didn't just "come across" funds suddenly for your visa. We provided bank statements for 2 years for our savings account, 1 year for our transaction account which had just a small amount in, 1 year statements for the US account we have been transferring to, and the currency fair transaction summary to show the funds going from our AUS and NZ accounts to the US account.
We also used the federal exchange rates as a "reputable" site. We printed out the latest and provided it along with a summary showing funds in current currency and the exchanged amount. Here's the link. 

 

https://www.federalreserve.gov/releases/h10/current/default.htm

Message me if you need more help with this :-)   PS; when you get to interview stage they'll want an updated form with updated statements (in my case just the statements and balance since the ones I sent to NVC)

It is pretty much the same as we are doing, we are using assets as we both live abroad and we are DCFing.

 

Seems your spouse also lives abroad? from your timeline it seems you filed at lockbox, so for the current individual income for the petitioner...did you insert 0? as the source of income will not continue? Did he need to prove domicile? 

For the bank statements, did you have them stamped or attested? or did you just print out the online statements? 

Edited May 6, 2017 by 684117

[Thesmiths2016 117]

 

It is pretty much the same as we are doing, we are using assets as we both live abroad and we are DCFing.

 

Seems your spouse also lives abroad? from your timeline it seems you filed at lockbox, so for the current individual income for the petitioner...did you insert 0? as the source of income will not continue? Did he need to prove domicile? 

For the bank statements, did you have them stamped or attested? or did you just print out the online statements? 

Yes correct, income would be zero, and he had to prove domicile also.  We've lived overseas since 2010.  We did so by explaining in a letter all the steps he had taken to keep connections there, and some evidence also. I don't want to post the letter on here for all to see, but if you want to see it please message me and I can remove the private info and send it to you. I think there might be one on the wiki also.  They look for how you've kept domicile (drivers licence, permanent address mail, bank acct still active, etc), and how you intend to re-establish (emails to real estate agents about housing, joint bank acct enquiries, email enquiries about schooling for child, etc). Also copies of any temporary visas, as these show that your living overseas is only intended as temporary. They were a big deal.

For statements we downloaded the official ones from our internet banking, then did a screenshot of our current balance with recent transactions for our main account which we were still using day to day.  We didn't get them stamped or anything. 

Edited May 6, 2017 by Thesmiths2016

[684117 15]

 

Yes correct, income would be zero, and he had to prove domicile also.  We've lived overseas since 2010.  We did so by explaining in a letter all the steps he had taken to keep connections there, and some evidence also. I don't want to post the letter on here for all to see, but if you want to see it please message me and I can remove the private info and send it to you. I think there might be one on the wiki also.  They look for how you've kept domicile (drivers licence, permanent address mail, bank acct still active, etc), and how you intend to re-establish (emails to real estate agents about housing, joint bank acct enquiries, email enquiries about schooling for child, etc). Also copies of any temporary visas, as these show that your living overseas is only intended as temporary. They were a big deal.

For statements we downloaded the official ones from our internet banking, then did a screenshot of our current balance with recent transactions for our main account which we were still using day to day.  We didn't get them stamped or anything. 

Reading you comforts me 😂 

We are doing exactly the same. Added a letter for domicile with all steps, accounts back in the usa active since 2011, bought a car there recently, insurance, voting records abroad, investment, 2555, taxes, real estate inquiries driver license, communication with uni for phd programs for my USC wife ect...

 

for the affidavit we made 2 copies, one with 0 current and another with income, we are planning to move by December, therefore income for 2017 will be reported? Ill present the one with income, if asked ill hand out the one with 0. Both forms have the assets. We also have her parents as joint sponsors, just in case. 

[Thesmiths2016 117]

It sounds like you're pretty well sorted and your domicile proof sounds adequate to me.  What stage are you currently at?  You mentioned moving at the end of the year, just bear in mind its taking about a year at the moment (although DCF filing may save you some time)

[684117 15]

 

It sounds like you're pretty well sorted and your domicile proof sounds adequate to me.  What stage are you currently at?  You mentioned moving at the end of the year, just bear in mind its taking about a year at the moment (although DCF filing may save you some time)

Thank you. 

 

Actually my interview is in 2 weeks. The whole DCF process took us 4 months simce we submitted the i130. 

[Thesmiths2016 117]

 

Thank you. 

 

Actually my interview is in 2 weeks. The whole DCF process took us 4 months simce we submitted the i130. 

wow congrats thats so fast!