--- title: Alternatives to Affidavit of Support Income Requirements description: If you do not meet the income requirements for the affidavit of support, you may be able to use assets to meet the income requirements. --- [![Envoy Global company logo](https://info.envoyglobal.com/hs-fs/hubfs/eg_logo%20_2000.png?width=2000&height=218&name=eg_logo%20_2000.png "Envoy Global company logo")](https://www.envoyglobal.com/) # 2015 Old Blog # Alternatives to Affidavit of Support Income Requirements Posted by [Aneesah Ali](https://info.envoyglobal.com/blog-old-test/author/aneesah-ali) on Jan 19, 2015 9:08:03 AM - [Tweet](https://twitter.com/share) If you are sponsoring a Green Card or fiancé visa, there are income requirements you must meet for the affidavit of support. To determine if your income qualifies, refer to the federal poverty [guideline chart](http://www.uscis.gov/sites/default/files/files/form/i-864p.pdf.). If you do not meet the income requirements for the affidavit of support, you may be able to use assets to meet the income requirements. ## **Requirements for an Eligible Asset** - The asset must be able to be converted into cash within one year and in doing so, not cause financial hardship to the owner of the asset. - The value of the assets is determined by the sale price as opposed to purchased price. ## **Examples of Assets that can be used for the Affidavit of Support:** - Vehicles (the owner must possess at least one other vehicle. The owner’s sole vehicle cannot be considered as an asset for the affidavit of support.) - Real Estate - Stocks - Bonds - Certificate of Deposit - Pension - Savings and Checking Accounts ## **Whose Assets are Eligible?** - The Sponsor - Relative Household Member (spouse, adult son/daughter, parent or sibling) - Must live with sponsor and complete Form I-864A - Assets of the Applicant - Must be able to show that the assets can be taken from their country to intending immigrant country - The value of these assets can be combined to meet the requirement. ## **Determining the Required Value of Assets** Use this equation to determine if combining your assets with your income will meet the affidavit of support income requirements: **If a U.S. Citizen and sponsoring a spouse or minor child:** Value of assets = (affidavit of support minimum income requirement – actual income) multiplied by 3. **If sponsoring someone other than a spouse or minor child:** Value of assets = (affidavit of support minimum income requirement – actual income) multiplied by 5. Example: A USC sponsor with a household size of four is petitioning a Green Card for their spouse. Therefore, their minimum income according to federal poverty guidelines needs to be $29,812.The sponsor’s actual income is $15,037 annually. So, $29,812-15,037= $14,775 $14,775 X 3= $44,325 The cash value of the assets must equal at least $44,325. In order to get approved for a fiancé visa or a Green Card, the affidavit of support must be properly prepared, if not, you may be denied. Check out another [blog](http://www.visanow.com/affidavit-of-support-co-sponsor/) about the affidavit of support. For more information about using assets to satisfy the income requirement, contact an immigration specialist at 855-VISANOW. 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