Total Assets Question

[santoki 2]

Hi, 

I am a US citizen living in Canada and I want to move back to the US with my non-citizen spouse (Canadian) and our child (US Citizenship obtained through CRBA approval).

I would not have a job in the US when moving back, so I have a question about the minimum income requirements.

As I understand it, if I don't meet the minimum income requirements we can satisfy sponsorship without the need of a joint sponsor through a valuation of assets. Those assets need to be in some kind of convertible cash form (within a year). For our situation, we would need three times the size of our household income which according to the 2018 Poverty Guidelines would be $25,975 (125% of the rate). Three times that amount would be $77,925.

 

We comfortably have that amount alone in savings and could prove that easily through bank statements. 

My question is, in my case am I able to qualify as the sponsor alone without the help of a joint sponsor?

[NikLR 13,220]

On 1/13/2019 at 8:58 PM, santoki said:

Hi, 

I am a US citizen living in Canada and I want to move back to the US with my non-citizen spouse (Canadian) and our child (US Citizenship obtained through CRBA approval).

I would not have a job in the US when moving back, so I have a question about the minimum income requirements.

As I understand it, if I don't meet the minimum income requirements we can satisfy sponsorship without the need of a joint sponsor through a valuation of assets. Those assets need to be in some kind of convertible cash form (within a year). For our situation, we would need three times the size of our household income which according to the 2018 Poverty Guidelines would be $25,975 (125% of the rate). Three times that amount would be $77,925.

 

We comfortably have that amount alone in savings and could prove that easily through bank statements. 

My question is, in my case am I able to qualify as the sponsor alone without the help of a joint sponsor?

Since there are numbers here vs the domicile thread... yes you should be fine since these assets are liquid. Make sure the amount is correct in USD. 

[Delman 0]

On 1/13/2019 at 10:58 PM, santoki said:

Hi, 

I am a US citizen living in Canada and I want to move back to the US with my non-citizen spouse (Canadian) and our child (US Citizenship obtained through CRBA approval).

I would not have a job in the US when moving back, so I have a question about the minimum income requirements.

As I understand it, if I don't meet the minimum income requirements we can satisfy sponsorship without the need of a joint sponsor through a valuation of assets. Those assets need to be in some kind of convertible cash form (within a year). For our situation, we would need three times the size of our household income which according to the 2018 Poverty Guidelines would be $25,975 (125% of the rate). Three times that amount would be $77,925.

 

We comfortably have that amount alone in savings and could prove that easily through bank statements. 

My question is, in my case am I able to qualify as the sponsor alone without the help of a joint sponsor?

We are in exactly same situation I’m us citizen living in Toronto with my Canadian spouse and 2 kids (canadain/us citizens). We just started researching on how ir-1 process is working and how to prove domicile (since I’m living in Canada for 4 years now) 

[AstroCanada 206]

On 1/13/2019 at 7:58 PM, santoki said:

Hi, 

I am a US citizen living in Canada and I want to move back to the US with my non-citizen spouse (Canadian) and our child (US Citizenship obtained through CRBA approval).

I would not have a job in the US when moving back, so I have a question about the minimum income requirements.

As I understand it, if I don't meet the minimum income requirements we can satisfy sponsorship without the need of a joint sponsor through a valuation of assets. Those assets need to be in some kind of convertible cash form (within a year). For our situation, we would need three times the size of our household income which according to the 2018 Poverty Guidelines would be $25,975 (125% of the rate). Three times that amount would be $77,925.

 

We comfortably have that amount alone in savings and could prove that easily through bank statements. 

My question is, in my case am I able to qualify as the sponsor alone without the help of a joint sponsor?

Yep, you should be totally fine.  From following this forum over the years, Montreal is pickiest about domicile.  I don't recall too many threads about them being unreasonable with the AOS.