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jeff27

Can we use Gold as an asset for I864?

By jeff27 in IR-1 / CR-1 Spouse Visa Process & Procedures

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Loren Y Proficient

Loren Y   2,755

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Filed: Citizen (apr) Country: Thailand
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That is a good question. I think it would depend. I physically own gold Krugerrand, and US eagle gold coins, but unless you can show proof of that I am not sure you can use any you Physically own. Now I also own gold thru a broker and have certificates showing how much I own. That is more like a bank account and I can see the value of it at any time by logging into my account. If you are holding gold that way I believe you could use it because it is like being in a bank, and you have a statement showing value, and basically an account backed by gold. I think if you own your gold that way you could use it because it shows as an asset. If you have a bunch of gold bricks laying around your house I don't think you will be able to use those unless you transfer them into a broker type account.

 

That is what I would think on owning gold or any other traded commodity.

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Ryan H Grand Master

Ryan H   3,813

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Filed: Lift. Cond. (apr) Country: China
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Moved from Progress Reports to Process & Procedures.

Our journey:

Spoiler

September 2007: Met online via social networking site (MySpace); began exchanging messages.
March 26, 2009: We become a couple!
September 10, 2009: Arrived for first meeting in-person!
June 17, 2010: Arrived for second in-person meeting and start of travel together to other areas of China!
June 21, 2010: Engaged!!!
September 1, 2010: Switched course from K1 to CR-1
December 8, 2010: Wedding date set; it will be on February 18, 2011!
February 9, 2011: Depart for China
February 11, 2011: Registered for marriage in Wuhan, officially married!!!
February 18, 2011: Wedding ceremony in Shiyan!!!
April 22, 2011: Mailed I-130 to Chicago
April 28, 2011: Received NOA1 via text/email, file routed to CSC (priority date April 25th)
April 29, 2011: Updated
May 3, 2011: Received NOA1 hardcopy in mail
July 26, 2011: Received NOA2 via text/email!!!
July 30, 2011: Received NOA2 hardcopy in mail
August 8, 2011: NVC received file
September 1, 2011: NVC case number assigned
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September 13, 2011: Paid IV bill (payment portal showed PAID on September 14, 2011)
September 14, 2011: Emailed IV package
October 3, 2011: Emailed checklist response (checklist generated due to typo on Form DS-230)
October 6, 2011: Case complete at NVC
November 10, 2011: Interview - APPROVED!!!
December 7, 2011: POE - Sea-Tac Airport

September 17, 2013: Mailed I-751 to CSC

September 23, 2013: Received NOA1 in mail (receipt date September 19th)

October 16, 2013: Biometrics Appointment

January 28, 2014: Production of new Green Card ordered

February 3, 2014: New Green Card received; done with USCIS until fall of 2023*

December 18, 2023:  Filed I-90 to renew Green Card

December 21, 2023:  Production of new Green Card ordered - will be seeing USCIS again every 10 years for renewal

 

jeff27 Apprentice

jeff27   2

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6 hours ago, Ryan H said:

Moved from Progress Reports to Process & Procedures.

 

14 hours ago, Loren Y said:

That is a good question. I think it would depend. I physically own gold Krugerrand, and US eagle gold coins, but unless you can show proof of that I am not sure you can use any you Physically own. Now I also own gold thru a broker and have certificates showing how much I own. That is more like a bank account and I can see the value of it at any time by logging into my account. If you are holding gold that way I believe you could use it because it is like being in a bank, and you have a statement showing value, and basically an account backed by gold. I think if you own your gold that way you could use it because it shows as an asset. If you have a bunch of gold bricks laying around your house I don't think you will be able to use those unless you transfer them into a broker type account.

 

That is what I would think on owning gold or any other traded commodity.

Thank you - I had no idea that a broker could do that!

 
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