Hi antar45,
As far as I know his household size is 2 + you = 3
and that equals $22,888
If your sponsor has other assets they might help as well.
I'll put down an example I found try to understand it.
But I have to tell you this: When I read the form I-134 and instructions
I don't see any detailed explanation. So my advice is if you can not find any
other sponsor get the I-134 from this one read the instructions on the form
you have to add supporting documents like tax return, W-2 or 1099, bank statement,
employment letter, copy of green card etc. But if you can find somebody has
more income it would be better.
Read the example I found somewhere shows how they calculate assets...
"HOW TO CALCULATE ASSETS TO MEET THE REQUIREMENT NECESSARY TO SPONSOR AN IMMIGRANT
The value of assets (minus mortgages, liens, outstanding taxes, total unpaid debt, etc.) must be equal to five times the difference between the sponsor's income and 125% of the poverty level for the household in question.
As an example, a US Citizen seeking to sponsor an immigrant earns $19,000 in taxable income. He owns a $100,000 home with a mortgage of $80,000. His bank account has $2,000 in it. The US Immigration officials will probably compute this situation as follows:
First we need to find the number we need to hit which must be equal to five times the difference between the sponsor's income and 125 percent of the poverty line for the household size:
17,112.50-14,112.50 = 3,000
3000 x 5 = 15,000
15,000 = the value the US Citizen’s total assets must be in order to be applied toward sponsor's sponsorship of the immigrant.
Home Value: $100,000-$80,000=$20,000
Liquidity in Bank Account: $2,000
$20,000 + $2,000 = $22,000
Total value of assets = $22,000
The US Citizen’s net asset value is $22,000, which is a higher amount than the $15,000 necessary to meet the income requirement."
Hi guys,
This is what I've understood. I found a guy with a GC who liked to sponsor me. He is married and does not have any kids. But the thing is his total income in his W2 for 2009 is about $19,000. Is he ok to be my sponsor or his income should be $22,888 or more?
Will keep my fingers crossed.