Is the transferred money to US included tax?
His wife has not found any co-sponsor so far and she does not meet the minimum requirement to be her spouse sponsor.
They intend to transfer money according to the Form I-864P from our country to US and keep the money in a bank account for a while.After that they can be self-sponsored.
They are three people and need 125560 $.
My question: Is there any limitation for amount of transferring money to US ?
I mean can they transfer this money to US without any problem at once?
My second question: Is the transferred money included tax?
Will the USA government deduct some part of this money as tax?
I should mention that source of money is clear.
Your swift responses will be highly appreciated
1 attorney answer
No tax on the transfer. No need to transfer either, right the way. A letter from the back confirming immediate availability of the finds for transfer is sufficient. Keep in mind that for each dollar in income you will need three dollars in assets.
The information contained in this answer is provided for informational purposes only, and should not be construed as legal advice on any subject matter,not should it be viewed as establishing an attorney client relationship of any kind.