I am not working for my 140/485 sponsor company. Once 140 approved I will switched to sponsor.
My sponsor got a Ability To Pay RFE that asks 2003 Tax returns and ALL W2's.
LC PD: May 2001, EB3, Proffered wage: 70k, Labor Substitution.
Company Net profits: Year 2002 - 40k, Year 2003 - 15k, Year 2004 -20k
Company has < 10 employees and 6 were hired by clients. Company cancelled 6 H1s in Dec 2004. So that revenue has been dropped in resent years. At present company has 3 to 4 employees and never submit the losses.
My sponsor willing to submit answer as bellow:
Company net assets - Company has its own office building. He willing to
submit the estimated value report as a net asset.
Owner Net asset - He will submit his net assets (owned house, bank balance)
Affidavit - That says "I am whole and sole owner for this company and having
the above net assets and strongly giving the assurance on
benificiary employment with proffered wage".
Company Bank balance - He willing to Deposit some money from other known
companies and show the balance around 80k.
H1 cancelled notice (6 H1s) and 2003 Tax returns with All w2's that USCIS asked in RFE.
Willing to make a request the Visa officer that As a small company, our Revenue was dropped due to bad economy, 6 employees hired by clients AND employees were moved to big companies due to long processing timings. So please consider not only net profits but also net assets.
Does it works?
I am already on H1 8th year and this case plays a big key role on my
immigration.
Please respond which way is better for me to get 140 approval.
Thanks
My sponsor got a Ability To Pay RFE that asks 2003 Tax returns and ALL W2's.
LC PD: May 2001, EB3, Proffered wage: 70k, Labor Substitution.
Company Net profits: Year 2002 - 40k, Year 2003 - 15k, Year 2004 -20k
Company has < 10 employees and 6 were hired by clients. Company cancelled 6 H1s in Dec 2004. So that revenue has been dropped in resent years. At present company has 3 to 4 employees and never submit the losses.
My sponsor willing to submit answer as bellow:
Company net assets - Company has its own office building. He willing to
submit the estimated value report as a net asset.
Owner Net asset - He will submit his net assets (owned house, bank balance)
Affidavit - That says "I am whole and sole owner for this company and having
the above net assets and strongly giving the assurance on
benificiary employment with proffered wage".
Company Bank balance - He willing to Deposit some money from other known
companies and show the balance around 80k.
H1 cancelled notice (6 H1s) and 2003 Tax returns with All w2's that USCIS asked in RFE.
Willing to make a request the Visa officer that As a small company, our Revenue was dropped due to bad economy, 6 employees hired by clients AND employees were moved to big companies due to long processing timings. So please consider not only net profits but also net assets.
Does it works?
I am already on H1 8th year and this case plays a big key role on my
immigration.
Please respond which way is better for me to get 140 approval.
Thanks