US Visa Assets
Reuniting Couples Since 2003
I-134 / I-864 Assets
Types & how to Include Assets with I-134, I-864 Affidavit of Support
Assets used toward meeting the poverty guidelines with I-134, I-864. Types of assets, How to apply. Best are home or land, 401K, US Savings.
If you need to apply assets, then the best are going to be easy to liquidate assets such as 401K Savings or US Saving account untouched for a years and verifiable.
Using assets together with I-134 for a K1 Visa Interview
When applying for a K1 visa, it is common for the US petitioner (sponsor) to provide financial support for the foreign fiancé(e).
One way to demonstrate this support is by using assets alongside the Form I-134, Affidavit of Support.
Here is how assets can be used in conjunction with the I-134 for the K1 visa interview process:
1. Understand the purpose of the I-134:
The Form I-134 is a legally binding document that affirms the financial responsibility of the US petitioner.
The sponsor is required to provide evidence demonstrating that they have the means to financially support their fiancé(e) during their stay in the United States.
2. Determine the minimum income requirements:
According to the US Citizenship and Immigration Services (USCIS), the petitioner’s income must be above 100% of the US federal poverty guidelines for their household size.
In case the petitioner’s income falls below this threshold, assets can be used to supplement the income requirement.
3. Gather documentation for assets:
The sponsor should gather documentation proving ownership and the value of their assets.
Acceptable assets can include bank statements, property titles, investments, or any other documentation that verifies ownership and the current market value.
4. Calculate the value of assets:
The total value of assets can be used to determine additional financial support, but it is important to note that the USCIS assigns a specific value to each type of asset.
Generally, the USCIS values liquid assets (such as cash, stocks, and bonds) at 100% of their current market value while other assets like real estate may be valued at a percentage of their fair market value.
5. Include assets information in the I-134:
When completing the I-134 form, ensure that the value of the assets, along with the supporting documentation, is indicated accurately.
This will demonstrate the sponsor’s financial ability to support the foreign fiancé(e) during their initial period in the United States.
6. Prepare for the K1 visa interview:
During the interview, the sponsor should provide the I-134 form along with the supporting asset documentation to the consular officer.
Be ready to answer any questions regarding the assets and their value.
It is always advisable to consult an immigration attorney or specialist for guidance and assistance throughout the visa application process.
Remember, every K1 visa case is unique, and it is crucial to follow all instructions provided by the USCIS and the U.S. consulate or embassy.
Providing adequate financial support, including assets, will help strengthen the application and increase the chances of a successful visa interview outcome.
i-134 i-864 assets 2023 revised
Which assets are accepted with I-134 for a K1 Visa Interview?
When applying for a K1 visa, the Form I-134 Affidavit of Support is typically required to demonstrate financial capability and help ensure that the sponsored fiancé(e) will not become a public charge in the United States.
While the I-134 form does not necessarily require specific assets to be listed, providing evidence of financial assets can strengthen the overall application.
Acceptable assets that can be included are as follows:
1. Cash:
Providing bank statements verifying your cash savings can be helpful.
2. Real estate:
Documentation such as property deeds or mortgage statements showing the value of owned property can be included.
3. Stock and investments:
Evidence of stocks, bonds, mutual funds, or other investment portfolios can be beneficial.
4. Retirement accounts: Proof of contributions or statements from retirement accounts like 401(k) or IRA can be submitted.
5. Vehicles:
Documentation indicating the value of owned vehicles can be included.
6. Other assets:
Any other valuable assets, such as valuable collections, jewelry, or valuable personal belongings, can also be mentioned.
It is important to note that although assets can be included, the primary focus of the I-134 is demonstrating sufficient income to support the sponsored fiancé(e).
Providing evidence of stable employment and a strong income is crucial to a successful application.
It’s advisable to consult with an immigration attorney or explore the official USCIS guidelines to ensure accurate and up-to-date information regarding the specific requirements for the I-134 form and supporting assets.
i-134 i-864 assets 2023 revised
How is a home or land valued with I-134 for a K1 Visa Interview?
When it comes to determining the value of a home or land for a K1 visa interview, the I-134 form itself doesn’t directly address this aspect.
The I-134, also known as the Affidavit of Support, is a document that a U.S. citizen or legal resident sponsor submits to demonstrate their ability to financially support their foreign fiancé(e) during their adjustment of status process.
While the I-134 primarily focuses on income and financial resources, it’s important to note that the value of a home or land can indirectly affect the sponsor’s financial capacity.
A higher value in real estate assets can indicate greater financial stability and resources.
However, it’s crucial to understand that the I-134 primarily relies on income and assets that generate income (such as bank accounts, stocks, or bonds) to determine the sponsor’s ability to meet the financial obligations of supporting the K1 visa applicant.
During the interview, the consular officer may ask about the sponsor’s assets, including any real estate properties they own.
It’s advisable to provide accurate and specific details about these assets, such as the property’s location, purchase price, approximate current market value, and whether it generates income (such as through rental).
Providing supporting documents, such as property deeds, recent property assessments, or rental agreements, can help validate the stated value and income potential.
It’s worth noting that the consular officer’s primary concern is to assess the sponsor’s financial ability to support the K1 visa applicant and ensure that they won’t become a burden on U.S. public resources.
Therefore, focusing on demonstrating sufficient income and assets with clear financial documentation to fulfill the requirements outlined in the I-134 is essential.
i-134 i-864 assets 2023 revised
What percentage is a home or land valued with I-134 for a K1 Visa Interview?
The I-134 Affidavit of Support is a form that is filled out by the petitioner for a K1 visa, specifically to demonstrate that they have the financial means to financially support their foreign fiancé(e) during their stay in the United States.
The form does not provide a specific percentage for valuing a home or land.
Instead, the I-134 focuses on income.
The petitioner must demonstrate that they have an income that is at least 100% of the federal poverty guidelines for their household size, along with providing evidence of assets or property that can be used as a backup to meet the financial obligations.
If the petitioner’s assets include a home or land, they can provide documentation such as property deeds, mortgage statements, property appraisals, or other relevant information to show the value of the asset.
However, it is important to note that simply having a valuable asset does not guarantee approval of the visa; the focus is primarily on the petitioner’s income and ability to financially support their fiancé(e).
i-134 i-864 assets 2023 revised
Does the state department verify assets of a petitioner for immigrants and non-immigrants?
Yes, the U.S. Department of State plays a role in verifying the financial assets of both immigrants and non-immigrants during the visa application process.
The specific procedure and requirements vary based on the type of visa being applied for.
For immigrant visas, individuals seeking permanent residency in the United States typically need to demonstrate that they have sufficient financial resources to support themselves and their dependents.
The Department of State may request documentation such as bank statements, tax records, employment verification, or affidavits of support from sponsors to verify these financial assets.
Similarly, non-immigrant visa applicants, such as those applying for tourist, student, or work visas, may also be required to show proof of financial capability to cover their expenses during their stay in the United States.
This can include evidence of personal bank accounts, sponsorship funds, or scholarship awards.
However, it’s important to note that the primary responsibility for verifying the financial assets generally falls on the U.S. Citizenship and Immigration Services (USCIS) or the U.S. Consular Officer during the visa interview.
The Department of State’s consular officers have the authority to request additional documentation or information to ensure that the applicant meets the financial requirements of the specific visa category.
i-134 i-864 assets 2023 revised
What are the differences between I-134 and I-864 Affidavit of Support?
The I-134 and I-864 are both forms related to the Affidavit of Support, but they serve different purposes and are used in distinct situations.
Here are the key differences between the two:
1. Purpose:
– I-134:
The I-134 is used for nonimmigrant visa applications, such as visitor visas (B-1/B-2) or fiancé(e) visas (K-1).
– I-864:
The I-864 is used for immigrant visa applications or adjustment of status, such as family-sponsored or employment-based immigrant visas.
2. Responsibility:
– I-134:
By signing the I-134, the sponsor makes a legally binding commitment to provide financial support to the foreign visitor during their stay in the United States.
However, the sponsor’s obligation is not enforceable by legal action.
– I-864:
The I-864 is a legally binding contract between the sponsor and the U.S. government
By signing the form, the sponsor agrees to provide financial support to the sponsored immigrant intending to immigrate to the United States.
The sponsor’s obligation can be enforced through legal action by the government.
3. Income Requirement:
– I-134:
The income requirement for the I-134 is less strict and only requires the sponsor to demonstrate that they have enough income or assets to support the visitor during their visit.
– I-864:
The income requirement for the I-864 is more stringent.
The sponsor needs to prove that their income is at least 125% of the current Federal Poverty Guidelines (or 100% if the sponsor is the petitioner’s spouse).
4. Duration of Responsibility:
– I-134:
The sponsor’s responsibility ends once the visitor’s stay in the U.S. is completed or after the expiration of the visa, whichever comes first.
– I-864:
The sponsor’s responsibility continues until the sponsored immigrant accumulates 40 qualifying quarters of work, becomes a U.S. citizen, can be credited with 40 quarters as a parent, or departs the U.S. permanently.
5. Submission and Processing:
– I-134:
The I-134 is usually submitted alongside the nonimmigrant visa application at the U.S. consulate or embassy abroad.
The processing is generally quicker.
– I-864:
The I-864 is submitted after the initial immigrant visa petition is approved by the U.S. Citizenship and Immigration Services (USCIS).
It is typically filed along with the adjustment of status application if the immigrant is already in the United States.
The processing may take more time.It is important to consult with an immigration attorney or trusted professional to determine which form is appropriate in your specific case and to ensure accurate completion and submission.
i-134 i-864 assets 2023 revised