Classify Currency Affidavit For Free

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What can be used as assets? 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.

The total value of assets must equal at least five times the difference between the sponsor's income and the applicable Federal Poverty Guidelines. If, for instance, that shortfall is $5,000, you must include at least $25,000 in assets on your Affidavit of Support.