DCF and financials

[shyaushu]

I have a related question (about income levels and the I-864).

 

I made way more than the 125% cutoff for our family size for many years, and comfortably more than it in 2006. However, I retired in 2007 and for this year my income from retirement benefits and a part time job in the US will be a couple of thousand dollars shy of the 125% threshold. However, I am filing directly from China, and if my income here is included, I will be comfortably over the 125% level.

 

I know the thinking of the USCIS is "can this guy support this alien back in the US", so I will have to demonstrate to them that my income in the coming years will be adequate.

 

I have a fair amount of assets, including a farm and house and a second property on the coast. I also have a couple of fairly valuable automobiles and a boat, all worth far more than the 5 times the shortfall in my direct income. The second property, cars and boats can be probably easily liquidated.

 

I plan to have my wife bring the deeds to our property, with notarized, professional appraisals, as well as information on the cars and boats with her.

 

Does this sound adequate for the I-864? I would obviously hate to be denied the visa on the basis of the I-864.

 

Any thoughts?

[MikeandRong]

It sounds fine, but here is the legal version of the assets part:

Evidence of Assets

You provide evidence of assets that meet the

requirements outlined under ''Evidence of Assets''

below; and/or

The immigrant you are sponsoring provides evidence

of assets that meet the requirements under ''Evidence of

Assets'' below; or All assets must be supported with evidence to verify location,

ownership, and value of each asset. Any liens and liabilities

relating to the assets must be documented. List only assets that

can be readily converted into cash within one year. Evidence of

assets includes, but is not limited to the following:

A joint sponsor assumes the liability of the intending

immigrant with you. A joint sponsor must execute a

separate affidavit of support on behalf of the intending

.

.

.

In order to complete this form you must submit the following

evidence of income: .

.

.

If you want to use your assets, the assets of your household

members or dependents, and/or the assets of the immigrant you

are sponsoring to meet the minimum income requirement, you

must provide evidence of assets with a cash value that equals at

least five times the difference between your total household

income and the minimum income requirement. For the assets of

a household member, other than the immigrant(s) you are

sponsoring, to be considered, the household member must

complete and sign Form I-864A, Contract Between Sponsor and

Household Member.

Form I-864 Instructions (Rev. 11/05/01)Y Page 2

Bank statements covering the last 12 months, or a

statement from an officer of the bank or other financial

institution in which you have deposits, including

deposit/withdrawal history for the last 12 months, and

current balance;

Evidence of ownership and value of stocks, bonds,

and certificates of deposit, and date(s) acquired;

Evidence of ownership and value of other personal

property, and date(s) acquired; and

Evidence of ownership and value of any real estate,

and date(s) acquired.

 

Edited December 11, 2007 by MikeandRong (see edit history)