I-864 assets in GBP vs USD
#1
Just Joined
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Joined: Jun 2009
Posts: 2
I-864 assets in GBP vs USD
Hi all, first thankyou all for creating a great resource that i've found really helpful getting to this stage (I-130 approved and now gathering forms & docs to submit the DS 2001)
I'm a UK citizen, the Mrs is American and we're currently living in London applying for a marriage visa through the US consulate here. Our plan is to leave our current jobs, travel to america once the visa is approved and find new jobs there. Our current salaries are way beyond the support level but my understanding from reading these forums and the USCIS directions is that we can't count these. The easiest way to meet the support requirements without my wife having to go on ahead to america by herself seems to be to have the 3xpoverty level*125% amount in our bank accounts as cash so we can count this as assets.
we're setting up a joint US account for use in the states but currently only have our UK bank accounts so the real 5555question is will £40k+ ($65k at today's FX rate, $56k at the worst FX rate in the last 2 years) be seen as adequate for meeting the ~$55k level or will we have to transfer the balance into a USD account?
thanks in advance, Ben
I'm a UK citizen, the Mrs is American and we're currently living in London applying for a marriage visa through the US consulate here. Our plan is to leave our current jobs, travel to america once the visa is approved and find new jobs there. Our current salaries are way beyond the support level but my understanding from reading these forums and the USCIS directions is that we can't count these. The easiest way to meet the support requirements without my wife having to go on ahead to america by herself seems to be to have the 3xpoverty level*125% amount in our bank accounts as cash so we can count this as assets.
we're setting up a joint US account for use in the states but currently only have our UK bank accounts so the real 5555question is will £40k+ ($65k at today's FX rate, $56k at the worst FX rate in the last 2 years) be seen as adequate for meeting the ~$55k level or will we have to transfer the balance into a USD account?
thanks in advance, Ben
#2
Re: I-864 assets in GBP vs USD
Having the assets in Sterling is fine. Consider how you would show property assets (i.e. house valuation document versus mortgage statement to show balance)....no way to hold that in dollars. We went through the same process last year and no problem presenting Sterling assets.
#3
Just Joined
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Joined: Jun 2009
Posts: 2
Re: I-864 assets in GBP vs USD
thanks, hadn't thought about the property angle, makes perfect sense.
#4
Account Closed
Joined: Aug 2002
Location: Kentucky
Posts: 38,865
Re: I-864 assets in GBP vs USD
The other option is to have someone in the US act as a joint sponsor for you. That person would need to demonstrate earnings sufficient for their household + you, or assets at 5x the 125% level. A joint sponsor can be any US citizen or PR, over age 18, and living in the US. This might be easier than having your wife travel to the US ahead of you and find employment sufficient to meet the requirements... as it'll delay your travel to the US significantly.
Ian
#5
Re: I-864 assets in GBP vs USD
The asset funds don't have to be in the US to be used on the I-864.