Hitting salary requirements with liquid assets

[1257919478 0]

I have a lot of liquid assets in hand because I recently just sold a property, but I do not currently have a job. HOWEVER, I will 100% start later this year (2019). Based on my past history, I was employed for 3 months in 2018 and almost made enough to hit the poverty of 16k. Will it be alright to still apply? Also, how should I present myself when it comes to salary requirements? I haven't file taxes yet for 2018.

[geowrian 22,335]

You can submit liquid assets for consideration. For a K-1 visa, the CO looks at a totality of the circumstances. COs at some embassies/consulates are more likely to consider assets than others (i.e. Manila is known to not do so).

Assets should be at least 3x the minimum required income level, with more obviously being better.

 

If you start the process now, you are looking at ~8-12 months before having to send the I-134 + income evidence. That's plenty of time to try to find a job and just use income.

 

The tax forms for 2018 aren't even available yet. They won't request 2018 tax returns until after tax day. But as noted above, that doesn't come into play until towards the end of the K-1 process.

[payxibka 10,044]

Some consuls accept income only.  What embassy?

[1257919478 0]

21 hours ago, geowrian said:

You can submit liquid assets for consideration. For a K-1 visa, the CO looks at a totality of the circumstances. COs at some embassies/consulates are more likely to consider assets than others (i.e. Manila is known to not do so).

Assets should be at least 3x the minimum required income level, with more obviously being better.

 

If you start the process now, you are looking at ~8-12 months before having to send the I-134 + income evidence. That's plenty of time to try to find a job and just use income.

 

The tax forms for 2018 aren't even available yet. They won't request 2018 tax returns until after tax day. But as noted above, that doesn't come into play until towards the end of the K-1 process.

 

Thank you very much for the help and advice, I really do appreciate it =). I was definitely really worried about the income part. 

It sounds like, I don't have to submit my income evidence until the end of the process, which is really great and it will definitely give me time to work things out!

 

 

21 hours ago, payxibka said:

Some consuls accept income only.  What embassy?

The embassy where my fiance is Guangzhou, China. My embassy would probably be in Dallas, Texas. 

I haven't started the process yet and I am still researching how to prepare.

Edited January 5, 2019 by 1257919478
grammar

[geowrian 22,335]

12 minutes ago, 1257919478 said:

My embassy would probably be in Dallas, Texas. 

No US embassie3s in the US.

Your service center for I-129F processing would be CSC (California) since all I-129Fs for a fiance go there. The Dallas lockbox is where you send it, but not where it's processed. It's just an intake facility.

[1257919478 0]

13 hours ago, geowrian said:

No US embassie3s in the US.

Your service center for I-129F processing would be CSC (California) since all I-129Fs for a fiance go there. The Dallas lockbox is where you send it, but not where it's processed. It's just an intake facility.

 

Ah! Thank you! Great stuff. 😃

[Nitas_man 3,100]

On 1/3/2019 at 10:15 PM, 1257919478 said:

I have a lot of liquid assets in hand because I recently just sold a property, but I do not currently have a job. HOWEVER, I will 100% start later this year (2019). Based on my past history, I was employed for 3 months in 2018 and almost made enough to hit the poverty of 16k. Will it be alright to still apply? Also, how should I present myself when it comes to salary requirements? I haven't file taxes yet for 2018.

Depends on the consulate and the form.

Our experience:  I-864 (already married) has a lower bar than the I-134F for a fiance (or returning resident).

Technically for USC applicants the requirement is 3x income for household size.

Edited January 5, 2019 by Nitas_man