QUESTION
What should I enter in (23) of i-864 as my individual annual income?
Asked on Jan 20th, 2013 on Immigration - Nevada
More details to this question:
I am sponsoring GC for my parents. I am naturalized US citizen past couple of years. I am unemployed since beginning of last year. I have worked as a professional several years before that and have less than $150,000 in savings. I am getting unemployment benefits right now. Is that considered as income too?
2 ANSWERS
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Your unemployment benefits are income for the purposes of I-864. Besides, you do not need to rely on your income to qualify as your parents' sponsor: if you list your savings as your assets on the Form I-864, $150000 will cover the poverty guidelines for a family size up to 4 persons (including the sponsored immigrants, in this case, your parents). The formula is income + 20% of assets; the total must be equal or more than the current federal poverty guideline for your family size.
Answered on Jan 24th, 2013 at 10:26 PM