Wealthy spouse

[NancyHartman 0]

My foreign spouse is wealthy and will need  no support from me, guaranteed. I, however, am self employed and like all self employed people I minimize my taxable income on my tax return every year for tax purposes. Can I include my spouse's assets on my affidavit of support? Doesn't his current income/wealth factor into whether he will someday need welfare or not?
 

[Roel 7,192]

No matter how much money your spouse have, you need to be a main sponsor.

 

I believe only some countries allow immigrant assets to be included in the petition?

[geowrian 22,337]

You can include your spouse’s assets on the I-864. The CO makes the final call on the public charge consideration. You still need to provide an I-864 and supporting evidence.

 

Edit: Their income can only be included if it will continue from the same source upon entry on the immigrant visa.

Edited May 23, 2018 by geowrian

[databit 328]

1 hour ago, NancyHartman said:

 I, however, am self employed and like all self employed people I minimize my taxable income on my tax return every year for tax purposes.
 

No, "all self-employed people" do not cheat on their taxes. Stop trying to rationalize your fraud.

[Jojo92122 1,924]

6 minutes ago, databit said:

No, "all self-employed people" do not cheat on their taxes. Stop trying to rationalize your fraud.

Minimizing self-income income with permissible deductions is perfectly legal.  Only an idiot would not seek to minimize his/her tax owed with legal allowable deductions. 

Now, where did the OP say that she was cheating on her taxes and rationalizing her fraud?   You are reading something that is not there and accusing her of something that you misunderstood.  You owe the OP an apology.

Edited May 23, 2018 by Jojo92122

[geowrian 22,337]

One has a duty to minimize their tax liability, but to pay all taxes they owe. Nothing is wrong with avoiding taxes you don’t actually owe, and there’s nothing suggesting more than that was done here.

[NancyHartman 0]

Whoa, fraud? Nope. Just schedule C, reporting business expenses to lower my tax liability, and I already don't make much money to start with. Jump to conclusions much? Sheesh.

It looks like I might have to ask a family member to co-sponsor. But my spouse has considerable assets which it sounds like maybe I can include on the form. He's from a first world European country, not sure if that makes any difference. I don't know how racist the system is, or not. Or if they have quotas for different countries, etc. 

 

If I do it without a co-sponsor, and get rejected, can I re-submit with a co-sponsor? Is there a waiting period to resubmit?

This is all new to me.

[Jojo92122 1,924]

If you submit an insufficient I-864, you will get an RFE and be asked to resubmit.  That will add months to your process.

Why bother wasting time?  Why submit something that is insufficient?  That's needlessly delaying the case and cause unforeseeable problems.  

Do it right.  Do it once.  File an I-864 that meets the requirements.

[geowrian 22,337]

25 minutes ago, NancyHartman said:

If I do it without a co-sponsor, and get rejected, can I re-submit with a co-sponsor? Is there a waiting period to resubmit?

You would get a refusal under 221g and can submit a new I-864 (including a joint sponsor).

 

Or if it is at NVC, it would be a checklist instead.

Edited May 23, 2018 by geowrian

[JFH 12,190]

*~*~*moved from "bringing family members of USCs" to "IR-1/CR-1 spouse visa process and procedures"*~*~*

[bad4tatt 168]

19 hours ago, NancyHartman said:

My foreign spouse is wealthy and will need  no support from me, guaranteed. I, however, am self employed and like all self employed people I minimize my taxable income on my tax return every year for tax purposes. Can I include my spouse's assets on my affidavit of support? Doesn't his current income/wealth factor into whether he will someday need welfare or not?
 

You can include spouses assets but it's at the discretion of officer to use it or not. This is from experience.

[issea 43]

Just wonder how rich a person should be so as to be called wealthy. I saw web definition is an average of 2.4 millions USD in the US. And also wonder if you couple mingle financially? I guess not for the taxes purpose. But anyway,  is it possible to let your spouse wire some amount of his money and deposit into your bank account, so to say becoming the assets of yours? 

[Randyandyuni 2,682]

19 minutes ago, issea said:

Just wonder how rich a person should be so as to be called wealthy. I saw web definition is an average of 2.4 millions USD in the US. And also wonder if you couple mingle financially? I guess not for the taxes purpose. But anyway,  is it possible to let your spouse wire some amount of his money and deposit into your bank account, so to say becoming the assets of yours? 

I was curious of the same thing, or opening a joint account at a US based bank in both names adds some level of protection for the foreigner fiancé (not making disparaging commentary on OP just to assure him of his moneys safety)

[NikLR 13,227]

Non-liquid Assets are more difficult than liquid.  Can your spouse liquidate their assets into a joint bank account? Since they will be living in the USA this seems to make sense to me anyhow. 

[pushbrk 12,979]

On 5/23/2018 at 10:24 AM, Roel said:

No matter how much money your spouse have, you need to be a main sponsor.

 

I believe only some countries allow immigrant assets to be included in the petition?

This is DEAD WRONG.  Sponsorship for an immigrant visa to the US, is a USA issue.  It does not matter which country the immigrant is coming from.  The requirements are the same.  

 

Further, the intending immigrant's liquid assets CAN be used to help qualify.  How to do so is covered very well in the excellent "INSTRUCTIONS" for the I-864.  I urge all members here who intend to respond to affidavit of support questions to become A-students of that document AND its instructions BEFORE responding.