jbrierley82

Hello,

I have UK assets and income to use as evidence for the AOS. Will the embassy just use current exchange rates for assets and exchange rates for income when it was earned?

Has anyone had any experience with this? I have printed out exchange rates for my income from xe.com - would this be useful?

I am getting more and more worried as the exchange rate plummets!


Thank you,
James

ian-mstm

They will use the exchange rate on whatever day you are interviewed.

Ian

jbrierley82

Is that the same with income over the past 12 months ie do they just say total X exchange rate

Or can you show the actual exchange rate when the income is earned? Obviously the exchange rate was better at the time the income was earned

ian-mstm

Yes.


It's value in the past is irrelevant. What's important, is what it's worth *now* ( now = interview).

Ian

jbrierley82

I better start getting more evidence or a joint sponsor then or just hope for the exchange rate to go back up before the interview!

Thanks for all your replies!

Noorah101

Just so you know, the income must be current (earned at the time of the interview), and must be in USD. If you are earning income in the UK, it must continue from the same source once you are over in the USA. if it will not, then you cannot use that income.

They have also been refusing to use your primary residence as an asset, so be aware of that new glitch as well.

Rene

jbrierley82

Thanks

meauxna

The IRS posts an unofficial exchange rate history; this is what I've heard people used for past dollar amounts: http://london.usembassy.gov/irs/irsxchng.htm