- I-485 Cover Letter Samples
- DIY Green Card E-Book (English Version)
- DIY Green Card E-Book (Chinese Version)
- AOS Assembling Guide
- I-751 Cover Letter Samples
- Q&A Group
- H1-B Spouse
- K1 Fiance
- Foreign Parents
- 10-Year Green Card (Form I-751)
- US Citizenship
How to Include Assets for Form I-864 Affidavit of Support
What forms of assets are accepted for I-864 Affidavit of Support
864 Affidavit of Support" width="940" height="788" />
If your household income is still below the requirement, you may use your assets. As a rule of thumb, the asset needs to be liquid, which means you can cash out quickly within 1 year without considerable hardship or financial loss to the owner. You have to include a description of the asset, proof of ownership, and the basis for the owner's claim of its net cash value.
Some accepted forms of asset include:- Stocks, bonds, other security holdings
- Real estate property
- Saving or checking accounts
If I include my assets, how much extra value in assets is enough?
Generally, you need to have 5 times the income difference to meet the financial requirement. For example, if the sponsor's annual income is projected at $15,000 and the required income is $20,000. So you have $5,000 ($20,000-$15,000) income deficiency. Therefore, you would need 5x$5,000=$25,000 value in your assets to meet the threshold.
There are some exceptions that only require 3 times the difference. Read the I-864 instruction for details. (on the top row of the instruction)
Disclaimer: This article is for sharing my personal experience only and not for the purpose of providing legal advice.
