assets of co cponsor

[sarbonna]

the difference b/w the income of my joint sponsor and required poverty line is 1,800. times 5 it should be about 9,000 on checking account or cash value of the property.

question 1. the sponsor has the house but its on his grandma's name. the notarized letter explaining the situation and his check for the house will help?

2. if not the property then the account. do they really check how much exactly on the account? it doesn't really has exactly that much still has big deposits and balance but still not 9.000 exactly. he offered me to use photoshop, i doubt it could work put so easy.

3. any other choices?

thank you!

[kittenKat]

Do NOT do any photoshop!!! It's a fraud and you can pay by loosing any immigrant privileges if caught!

Do you have any extra cars? Any 401K? Also as far as I know for MARRIAGE-based you have to multiply by 3, not by 5 ("if you are a U.S. citizen and you are sponsoring your spouse or minor child, the total value of your assets must only be equal to at least three times the difference.").

As for house
"Only assets that can be converted into cash within one year and without considerable hardship or financial loss to the owner may be included. The owner of the asset must include a description of the asset, proof of ownership, and the basis for the owner's claim of its net cash value."

Is your grandmom your co-sponsor?

[MOM1211]

They do look into the assets from what I know, and I am sure they know lots of people would try to get one past them out of desperation which is why they require proof. so basically you'd get caught and lose any chance of the green card. But if one is stupid enough to do it, then they deserve to get caught.

[Jackolantern]

His grandmother would have to be a co-sponsor if the value of her house is to be used towards this, and he would have to convince the interviewer that the grandmother would not be homeless or otherwise in hardship if the house was sold (if she is living there he will have a very difficult task to convince the interviewer).

Most importantly, the value relevant for this purpose is nothing more than the equity, not the entire house value. Millions of houses in this market have negative equity and would be ineligible for this purpose.

[sarbonna]

Originally Posted by kittenKat

MARRIAGE-based you have to multiply by 3, not by 5 ("if you are a U.S. citizen and you are sponsoring your spouse or minor child, the total value of your assets must only be equal to at least three times the difference.").

i didint know about that. so my joint sponsor has green card and he is sponsoring only me, im not related to him. are you sure its goona be times 3? i never heard of it.

[sarbonna]

as far as i understood the house should be only on his name. but its not.its on his granma's name but only he and his wife lives there,and he pays the mortgage. so only cars and cash onthe account will help. can anyone know exactly if it should be times 3 or times 5.?

[Jackolantern]

Originally Posted by sarbonna

so only cars and cash onthe account will help.

Only EXTRA cars can be counted. The I-864 instructions say "You may not include an automobile unless you show that you own at least one working automobile that you have not included."

As far as the 3 times vs 5 times is concerned, the I-864 instructions say the 3X rule applies when the sponsor is a US citizen who is sponsoring a spouse or minor child.

Note that your own assets can be added to the sponsor's assets for the purpose of the affidavit of support. And if you are inside the US employed in a job that can reasonably be expected to still exist when you get your green card, you can count your own income. Are you inside or outside the US?

[sarbonna]

Originally Posted by Jackolantern

Are you inside or outside the US?

im inside, dont have really any assets. so extra cars plus the cash on the account. times 5 since he is not us citizen. this is the only choice, right?

[Jackolantern]

Yes, 5x the cash and extra cars would be the only choice for the asset calculation, unless there are other assets you haven't thought of or mentioned.

But you may have other problems. Because the sponsor is not a US citizen, it will be years before you can get any legal status in the US based on his sponsorship. So if you are out of status, you would remain out of status, and if you have some other nonimmigrant status, you would have to leave the US when that status expires otherwise you will be out of status and subject to deportation (unless he becomes a citizen or you are able to hold that status for enough years until your priority date becomes current).

What is your relation to the sponsor? Marriage?

[sarbonna]

Originally Posted by Jackolantern

What is your relation to the sponsor? Marriage?

i wrote before that this is our joint sponsor. im married to us citizen but since his income is not enough we have a joint sponsor. his income is not enought either. the cash value should be over 9,000.and there is about 6,000 on his account. can we actually put the cash for couple of days on his savings account. take the bank statement for 12 months and then take the cash back. will it work?

[Jackolantern]

Originally Posted by sarbonna

i wrote before that this is our joint sponsor.

I know. I was asking about the main sponsor because who your sponsor is will affect your immigration status and whether you can combine your own income to make up the total. If you are legally employed now, and a US citizen is the main sponsor, you will be able to apply for work authorization that enables you to continue being employed thru the process and up until your green card is approved. That would enable you to add your own income to the total.

im married to us citizen but since his income is not enough we have a joint sponsor. his income is not enought either. the cash value should be over 9,000.and there is about 6,000 on his account. can we actually put the cash for couple of days on his savings account. take the bank statement for 12 months and then take the cash back. will it work?

Your main or joint sponsor owns cash outside of the account? Of course you can use that cash and deposit it into the account to make the value bigger, as long as it can stay there at least until the green card is approved (you may be asked for bank statements while your case is pending and/or at the interview) or until you get a job and can combine your income with your main sponsor so you won't need the cash in the account any more (in which case you would need to bring a new affidavit of support to the interview to include your income).

[sarbonna]

Originally Posted by Jackolantern

Your main or joint sponsor owns cash outside of the account? Of course you can use that cash and deposit it into the account to make the value bigger, as long as it can stay there at least until the green card is approved (you may be asked for bank statements while your case is pending and/or at the interview) or until you get a job and can combine your income with your main sponsor so you won't need the cash in the account any more (in which case you would need to bring a new affidavit of support to the interview to include your income).

i came more clear to me, thank you.