I-134 Income Requirements
What is i-134 income requirements?
I-134 income requirements refer to the financial criteria that need to be met by individuals who are sponsoring a foreign national's entry into the United States. These requirements are put in place to ensure that the sponsor has sufficient financial means to support the immigrant during their stay in the country.
What are the types of i-134 income requirements?
There are two main types of i-134 income requirements: 1. Minimum Income Requirement: The sponsor must show that they have an income above the federal poverty guideline for their household size. The specific amount required varies depending on the number of people in the sponsor's household. 2. Assets Requirement: If the sponsor's income does not meet the minimum requirement, they can also use their assets to demonstrate the ability to financially support the immigrant. The total value of the assets must be at least five times the difference between the sponsor's income and the poverty guideline.
How to complete i-134 income requirements
To complete the i-134 income requirements, follow these steps: 1. Gather the necessary financial documents, including tax returns, bank statements, and proof of assets. 2. Calculate your total income and compare it to the federal poverty guideline for your household size. Ensure that your income meets the minimum requirement. 3. If your income falls below the minimum requirement, gather documentation for your assets and calculate their total value. 4. Fill out the relevant sections of the i-134 form, providing accurate information about your income and assets. 5. Attach the supporting documents to the form to validate your financial claims. 6. Review the completed form and documents for accuracy and completeness. 7. Sign the form and make copies for your records. 8. Submit the i-134 form along with the supporting documents to the appropriate immigration authorities.
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