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Hello, specific immigration question regarding the financial affidavit of support i-864:
Brief Details:
Husband wishes to sponsor his Wife.
Wife is not a U.S. citizen, but she lived in the U.S. for 13 consecutive years, and had to return to her home country in August, 2017 to fulfill a two-year home country presence obligation due to a Fulbright scholarship she took from 2004-2006.
Husband is U.S. citizen currently living in the U.S.
Husband has been unemployed for 3 years, and is currently a student.
While Wife lived and worked in the U.S., Wife accumulated approximately $59,000 in savings in her bank account.
Husband was added to Wife's bank account two months ago.
Since the bank account was originally opened by Wife, should the $59,000 be listed under Wife's assets or under Husband's assets?
How negatively would it reflect that Husband has no assets?
If all money/assets are listed under Wife, and Husband is sponsoring Wife while Husband shows no assets/income, how significant a problem would that be?
In addition to the $59,000 savings, Wife also earned her 401K in the amount of $28,000.
Husband is the primary beneficiary of Wife's 401K.
If her 401K is cashed out/liquified, the amount would be at least $17,000.
So the bank account money and liquified 401K would total at least $76,000.
Would $76,000 be sufficient to satisfy the financial affadavit of support?
Considering that 125% of the 2018 U.S. poverty guideline = $20,575 for a 2-person household, and three times that number is required if sponsoring a spouse, the minimum assets required should be $61,725.
The couple can show $76,000 in available/liquifiable assets. With this in mind, can the couple confidently file?
Any thoughts? Comments? Experience with a similar scenario?
Brief Details:
Husband wishes to sponsor his Wife.
Wife is not a U.S. citizen, but she lived in the U.S. for 13 consecutive years, and had to return to her home country in August, 2017 to fulfill a two-year home country presence obligation due to a Fulbright scholarship she took from 2004-2006.
Husband is U.S. citizen currently living in the U.S.
Husband has been unemployed for 3 years, and is currently a student.
While Wife lived and worked in the U.S., Wife accumulated approximately $59,000 in savings in her bank account.
Husband was added to Wife's bank account two months ago.
Since the bank account was originally opened by Wife, should the $59,000 be listed under Wife's assets or under Husband's assets?
How negatively would it reflect that Husband has no assets?
If all money/assets are listed under Wife, and Husband is sponsoring Wife while Husband shows no assets/income, how significant a problem would that be?
In addition to the $59,000 savings, Wife also earned her 401K in the amount of $28,000.
Husband is the primary beneficiary of Wife's 401K.
If her 401K is cashed out/liquified, the amount would be at least $17,000.
So the bank account money and liquified 401K would total at least $76,000.
Would $76,000 be sufficient to satisfy the financial affadavit of support?
Considering that 125% of the 2018 U.S. poverty guideline = $20,575 for a 2-person household, and three times that number is required if sponsoring a spouse, the minimum assets required should be $61,725.
The couple can show $76,000 in available/liquifiable assets. With this in mind, can the couple confidently file?
Any thoughts? Comments? Experience with a similar scenario?
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