Financial Documents (2024)

Description

IRS Tax Transcript

NVC strongly recommends the submission of tax transcripts since they typically provide the information necessary for an evaluation of completeness of the Affidavit of Support and result in more efficient processing. Sponsors may submit copies of tax returns but must comply with the file size limits for electronic uploads to CEAC and could be delayed by requests for additional documentation.

If you completed FormI-864,I-864A, orI-864EZsubmit anIRS tax transcriptfrom the most recent tax year, which NVC can process more efficiently than a copy of a tax return. Alternatively, you may submit a complete copy of a filed tax return from the most recent tax year.

If you filed jointly: If you filed taxes under the “married filing jointly” category, you must also submit your Form(s) W-2 or schedules(s) from the most recent tax year.

Extensions: If you filed an extension for the most recent tax year, submit a photocopy of your IRS Form 4868, or write and sign a statement indicating you filed an extension, along with a tax transcript or tax return from the previous year.

If you did not file taxes: If you did not file Federal Income Tax Returns for the most recent tax year, write and sign a statement indicating why you were not required to file taxes.

Evidence of income

If you completed Form I-864,I-864A, orI-864EZand the income reported on this form or your tax transcript reflects income below the poverty guidelines for the year the form was submitted,submit evidence of your income.This can include evidence of current employment or self-employment, recent pay statements, a letter from the employer on business letterhead – showing dates of employment, wages paid, and type of work performed – or other financial data.

  • For those who are unemployed or retired, submit a photocopy of ongoing income from other means, such as:
    • retirement benefits;
    • other household members' income; or
    • other significant assets.

Social Security Administration (SSA) Earnings Statement

If the principal applicantcan be credited with 40 eligible quarters under the Social Security Act, submit Form I-864W andthe applicant’s SSA Earnings Statement showing the coverage.

You can obtain an SSA Earnings Statement online at http://ssa.gov/myaccount. You can also call the Social Security Administration at 1-800-772-1213 for more information.

Proof of Assets

If you submitted Form I-864,I-864Aand you used assets to meet the minimum income requirements, submit a photocopy of proof you own your assets. Proof can take any form as long as it establishes location, ownership, and value of each asset listed, including liens and liabilities for each asset listed.

Proof of relationship

If you completed Form I-864A,submit evidence that proves your relationship to the sponsor (the person who filed Form I-864). You can prove your relationship bysubmitting a photocopy of one of the documents below:

  • Birth certificate;
  • Marriage certificate;
  • Adoption certificate;
  • The petitioner or joint sponsor’s most recent Federal Income Tax Returns, if you are listed as a dependent; or
  • A signed, written statement describing the relationship.

Proof of domicile

If you completed Form I-864,I-864A, orI-864EZand your mailing address and/or place of residence is not in the United States, but your country of domicile is the United States,write an explanation and provide documentary evidence indicating how you meet the domicile requirement. Review our FAQs to learn more about domicile.

Proof of U.S. status

If you completed Form I-864as a joint sponsor, submit proof that you are a U.S. citizen, U.S. national, or Lawful Permanent Resident. You can do this by submitting a photocopy of one of the following documents:

  • Birth certificate showing birth in the United States;
  • U.S. Naturalization Certificate;
  • U.S. passport/passport card;
  • Form I-551 “green card;” or
  • Foreign passport containing Form I-94 with I-551stamp (if you entered the United States by land) or an electronic Form I-94 record (if you entered the United States by air or sea). You can request an electronic Form I-94 record from USCIS online.
Financial Documents (2024)

FAQs

How do you prove you have sufficient funds? ›

Common types of proof of funds documents include bank statements, investment account statements, balance certificates issued by financial institutions, and letters from financial institutions confirming the availability of funds.

How do I prove sufficient funds for a US visa? ›

Financial Documents/Proof of Funding Include:
  1. Personal funds: Bank statements in your name showing balance of account.
  2. Loan certificates/letters (must indicate your name and the amount of approved loan.
  3. Private sponsors, including parents (must show both of the following): Sponsor's bank or other financial statements.

What is acceptable proof of funds for US visa? ›

Accepts forms of financial proof:

Bank account statements translated to English. Proof of guaranteed loans. Financial award letters. Other official documents outlining liquid assets.

Can you get a student visa if you have not enough money? ›

Unless you are able to provide written evidence demonstrating you have adequate financial resources for the entire time needed to complete your degree program, the consul will not grant a student visa.

What is evidence of sufficient funds? ›

Proof of funds usually comes in the form of a bank security or custody statement. These can be procured from your bank or the financial institution that holds your money. Bank statements are the most common document to use as POF and can typically be found online or at a bank branch.

What is sufficient for proof of funds? ›

While a simple bank statement often suffices as proof of funds, you might need to provide more context with an official letter from your bank. Sometimes, the lender has the borrower fill out a request form that is then forwarded to the bank. In other cases, you might need to request one yourself.

What is evidence of financial support? ›

Proof of funds usually includes bank statements and/or scholarship letters.

How much is considered sufficient fund for US visa? ›

The key is demonstrating you have enough funds for your entire study period, as estimated on your I-20 form (Certificate of Eligibility for Nonimmigrant Student Status). While there's no set minimum, many universities and embassies recommend having enough to cover at least the first year's expenses listed on your I-20.

How do I show proof of sufficient funds for travel? ›

Travelers visiting the United States from a foreign country must be able to prove to a U.S. Customs and Border Protection (CBP) officer that they have sufficient funds, i.e., credit card, cash, travelers' checks, money order to cover travel, lodging, entertainment, meals, etc. to be admitted into the United States.

How much should I have in my bank account to get US visa? ›

So, what's the Minimum bank balance for a US visitor visa? We recommend showing a minimum of $6000-10000$ in your statement.

How much money do you need to show in your account for a US visa? ›

How Much Bank Balance & Statements is Required for a US Student Visa? There is no fixed minimum bank balance for a US student visa, but one should have at least USD 10,000 or INR 8,33,120 and above, which also must be reflected in the previous 6-9 months of bank statements.

What is proof of financial support for visa? ›

Proof of Sponsor's Funds

Letter or letters verifying ownership of stocks and bonds, with present market value or indication of expected earnings. Statement from insurance company showing policies held and present case surrender value. Proof of income from business investments or other sources.

What if visa is rejected due to insufficient funds? ›

Improve financial evidence: If your visa was denied due to insufficient funds or financial reasons, provide updated financial records showing improved circ*mstances or a more detailed financial plan for your visit.

How much money should be in bank account for US student visa? ›

While it is not specified, for US student visa applications, you must have a minimum balance of $10,000 to get an F1 visa. It is usually said that your bank account must show at least 1.5 times the amount mentioned in your I-20 form or a minimum of 10,000 USD to be considered eligible for the F1 visa.

Who can show funds for student visa in USA? ›

A prospective student must have financial evidence showing that they or a sponsor has sufficient funds to cover tuition and living expenses during the period of intended study. Evidence of financial ability includes but is not limited to: Family bank statements. Documentation from a sponsor.

How do you demonstrate proof of funds? ›

Proof of funds can be shown with:
  1. An agreement in principle/mortgage in principle.
  2. Bank statements of your deposit amount (for mortgage buyers)
  3. Bank statements of your cash amount (for cash buyers)
  4. Evidence of you selling a property (if using the funds to buy the new property)
  5. Evidence if the money has been gifted.

How to verify proof of funds? ›

You can apply for a proof of funds verification from your bank. This letter should be signed by authorised bank personnel and must include the following points: Details of the bank, including name, address, and contact information. An official statement from the bank verifying the concerned individual's financial ...

How do you prove financial support? ›

Proof of funds usually includes bank statements and/or scholarship letters.

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