https://www.visacoach.com/k1fiance... 2021 Income requirements for Fiancee Visa have been published by Health and Human Services and have risen $180 from last year.


In order to successfully be approved for a K1 Fiance visa
that allows your fiancee to travel to the USA, US immigration
must be confident that you, the US sponsor, have enough
financial strength, to support and feed your future
family. They must be convinced that there is no chance
your new family would need public benefits such as welfare,
or food stamps to survive.

It is critical that you understand BEFORE you apply, what the
requirements are, in order to avoid surprises and denial.

I am Fred Wahl the VisaCoach and I work for you to prepare and craft
your applications to submit to US Immigration. Sometimes callers
ask me "Do I fill in the forms for them,or do they have to do it themselves?".
Absolutely, it will be ME filling in all the needed forms and putting together your
Application.

After we submit your application, I do not abandon you. I remain with you on this journey.

I continue by your side personally helping and guiding you until that happy day your
foreign partner calls to say she or he is "on the way".

Today I will share with you what the Financial requirements
in 2021 are and how to demonstrate that you meet them.

And if you can't meet them, what can you do about it.

And if your Fiancee is from Philippines, Vietnam, Nigeria or Indonesia,
please watch to the end, because towards the end of this video
I've got some bad news for those whose income is too low, However I do
offer a solution on what to do

Now, on to today's topic.
"What are the Income requirements to obtain a Fiance Visa in 2021?"


In order to successfully be approved for a K1 Fiance
visa that allows your foreign fiance to enter the USA
and take up permanent residence with you, US immigration
must be confident that you, the US sponsor, have enough
financial strength, to support and feed your future
family. They must be convinced that there is no chance
your new family would need public benefits such as welfare,
or food stamps to survive.

The financial requirement is that your income
must be over 125% of the poverty income level, based on the number
of people you have to support, in the state where you live.

Each year the Department of Health and Human Services
publishes their Poverty Guidelines. As announced in 2021
the guidelines have risen for a household of 2 persons by $ 180 from last year.

For residents in the continental
US the Financial Eligibility Thresholds for K1 Fiance Visas
are as follows.

Required Annual Income
$17,420, if 2 Persons in Family or Household
$21,960, if 3 Persons in Family or Household
$26,500, if 4 Persons in Family or Household

For each Additional person add $4,540

The Financial eligibility thresholds are lower for
active military, and higher for residents of Alaska or Hawaii.

Proving your Income.

Normally you provide your most recent Federal Tax Return,
3 to 6 pay stubs showing 'Year to date' earnings,
plus a letter from your employer confirming your
job, and what your expected annual pay is.

Cash Assets can count as an alternate to income.

In some cases a your income may be low, but you have
'money in the bank'. Cash assets, can be used as
a substitute for annual income. 'Cash' assets
are assets which can be easily converted (sold)
to cash. For example: stocks, bonds, certificates of
deposit, cash in a checking account can be used.
Other assets that can NOT be easily turned to cash
with the EXCEPTION of equity in your home, are not useable.

$5 cash assets = $1 annual income

For example, if you are retired
living in the continental USA, with NO income, and
no dependents would need to have

5 times $17,420 or $87,100 in cash assets to quality for the Fiancee Visa.

Alternatively a combination of income and assets will work.

For example, if your income is $10,000 per year,
that means your annual income is short by $7,420 so you will need
to have 5 times that amount or $37,100 cash or convertible assets
to qualify.

This is calculated by subtracting $10,000 from the annual
requirement of $17,420. And then the difference of $7,420
times Five equals $37,100 of cash assets needed.


What if you don't have enough income OR assets?

In that case you would ask a relative or friend to act as a co or jointsponsor.

Just like buying a car, a second person
could 'cosign' your loan. In this case he is a financial joint sponsor
to your application and he is guaranteeing, your household will not
need welfare or public benefits.

When a jointsponsor is used the size of the household increases.
The combined household (for the financial calculations) would include the
household size of the sponsor combined with the household size of the cosponsor.