Hello,
I would like to ask the board how the INS tests the financial stability of a company during the I-140 stage?
Here's my situation: I have an approved LC and pending I-140/485 cases. My company has been around for nearly 10 years with a steady stream of revenue. For the first time in 11/2001, we all had paycuts followed by layoffs. In 7/2002, our company brought back our pays to it's 11/2001 levels - in my case offering more pay and I still have the same job. Now in 10/2002, the CEO says that our pay will be postponed by a couple of weeks as we are waiting on some significant business deals that should get us enough cash to pay everyone. This shows that we are not cash rich. And also, perhaps, the taxes from my pay won't reach the IRS for two weeks.
From what point of view could an INS officer look at this case? We have sent all the required paystubs/annual reports etc., at the point of I-140/485 filings. How could the INS officer look at the financial ability of the company to pay my wages? Does anyone think that I may have a weak case??
I am new to this board. Please advice. I am very anxiously awaiting your valuable replies. Thanks in advance.
gcapp2002
I would like to ask the board how the INS tests the financial stability of a company during the I-140 stage?
Here's my situation: I have an approved LC and pending I-140/485 cases. My company has been around for nearly 10 years with a steady stream of revenue. For the first time in 11/2001, we all had paycuts followed by layoffs. In 7/2002, our company brought back our pays to it's 11/2001 levels - in my case offering more pay and I still have the same job. Now in 10/2002, the CEO says that our pay will be postponed by a couple of weeks as we are waiting on some significant business deals that should get us enough cash to pay everyone. This shows that we are not cash rich. And also, perhaps, the taxes from my pay won't reach the IRS for two weeks.
From what point of view could an INS officer look at this case? We have sent all the required paystubs/annual reports etc., at the point of I-140/485 filings. How could the INS officer look at the financial ability of the company to pay my wages? Does anyone think that I may have a weak case??
I am new to this board. Please advice. I am very anxiously awaiting your valuable replies. Thanks in advance.
gcapp2002