Assets Affidavit Of Support
Description
How to fill out Affidavit Or Proof Of Income And Property - Assets And Liabilities?
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FAQ
If sponsoring a spouse, the assets must value at least $30,000 (3 times the shortfall). For most other intending immigrants, the assets must value $50,000 (5 times the shortfall).
Financial sponsors can only include assets that are convertible into cash within one year and without considerable hardship or financial loss to the sponsor and his/her family. Examples of assets easily convertible to cash are savings, stocks, bonds and property. Sponsors may include the value of their home.
To meet the Affidavit of Support requirements using assets, there are two general requirements: (1) the assets must be convertible to cash within one year, and (2) the net worth of the assets must be five times the difference between the sponsor's actual income and the income the sponsor is required to have according
You must also be at least 18 years old and a U.S. citizen or a permanent resident. You must have a domicile in the United States or a territory or possession of the United States. Usually, this requirement means you must actually live in the United States, or a territory or possession, in order to be a sponsor.
To meet the Affidavit of Support requirements using assets, there are two general requirements: (1) the assets must be convertible to cash within one year, and (2) the net worth of the assets must be five times the difference between the sponsor's actual income and the income the sponsor is required to have according
