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mallelac · 2005 December 22nd, 04:58 PM

Hi All,

I (from India) am relatively new for F1 visa financial statement. I am fully funded by Polytechnic University@Brooklyn-NY for Ph.D.-ECE.

I have the following questions regarding the financial statement required for F1 Visa processing.

(1)I have a flat worth 35 lacs in Bangalore. What documents does the Visa officer ask me as proof? Is it sale deed, the tax receipts(biannual) etc? Do we need to take original stamp papers or xeroxes will do?

(2)(a)My father has PF accounting to 14 lacs. What kind of documents Do I need to show along with pledge letter?
(b)He also has two sites in Chennai and one flat. Do I need to take original sale deeds etc to the Visa officer?

(3)My uncle has around 15 lacs as FD's. Do I need to take all originals along with the 'pledge letter'?

(4)I have always fixed savings(NSC's, mutual funds etc) and thus my bank balance is low - around 2 lacs or so. Is it a sufficient 'liquid asset'?

Please elaborate your answers.

Awaiting response eagerly,
Chandra

coolpaggy · 2006 January 7th, 12:32 AM

you have all the positive ingradients for getting a VISA ! What exacly is your question ?

mallelac · 2006 January 15th, 03:02 PM

Hi Coolpaggy,

I am looking for the exact financial documentation details for the F-1.

Regards,
Chandra

Quote:

Originally Posted by coolpaggy

you have all the positive ingradients for getting a VISA ! What exacly is your question ?

coolpaggy · 2006 January 15th, 05:20 PM

www.immihelp.com should help

swaroop · 2006 February 16th, 04:16 PM

hi chandra... slightly late reply here...
Guess you would have found all this out by now.

Firstly approach a chartered accountant, and ask her(him) to do a detailed audit of your family. (S)He will include the estimated worth of all your fixed and liquid assets including land, jewelery, bonds etc., and will give you a net worth assessment on their company letter head.
Get an affidavit of support from the person who is going to be your sponsor. This letter will state that s(he) possesses $ XYZ in her(his) account enough for atleast your first year of education, and is ready to spend it for your education. This needs to be notarised later.
Get a statement from the bank where your sponsor has the account. In this letter the bank manager (typically on their letterhead) states that the account indeed has that much amount of ready funds.
Get your sponsor's Income tax returns for the last 2 years.

I think these documents must stand you in good stead for the Visa.

Last line of advice. Please speak to a visa consultant for an hour or so. They will enlist all the necessary docs / processess involved.

best,
Swaroop.

mishu007 · 2006 April 11th, 10:47 AM

Quote:

Originally Posted by coolpaggy

www.immihelp.com should help

excellent site for VISA...

fianceevisa · 2009 August 9th, 09:23 PM

F1 or K1 can be an interesting journey.

2005 December 22nd, 04:58 PM	#1 (permalink)
mallelac Eager! Join Date: Sep 2004 Posts: 75	F-1 Visa Finance - Help pls Hi All, I (from India) am relatively new for F1 visa financial statement. I am fully funded by Polytechnic University@Brooklyn-NY for Ph.D.-ECE. I have the following questions regarding the financial statement required for F1 Visa processing. (1)I have a flat worth 35 lacs in Bangalore. What documents does the Visa officer ask me as proof? Is it sale deed, the tax receipts(biannual) etc? Do we need to take original stamp papers or xeroxes will do? (2)(a)My father has PF accounting to 14 lacs. What kind of documents Do I need to show along with pledge letter? (b)He also has two sites in Chennai and one flat. Do I need to take original sale deeds etc to the Visa officer? (3)My uncle has around 15 lacs as FD's. Do I need to take all originals along with the 'pledge letter'? (4)I have always fixed savings(NSC's, mutual funds etc) and thus my bank balance is low - around 2 lacs or so. Is it a sufficient 'liquid asset'? Please elaborate your answers. Awaiting response eagerly, Chandra

2006 January 7th, 12:32 AM	#2 (permalink)
coolpaggy Blank....... Join Date: Feb 2005 Posts: 1,774	you have all the positive ingradients for getting a VISA ! What exacly is your question ? _ _ _ _ SIG _ _ _ _ http://www.bookin.biz/images/TV_BlankStatic.jpg IMAGE REMOVED; IT'S TOO LARGE

2006 January 15th, 05:20 PM	#4 (permalink)
coolpaggy Blank....... Join Date: Feb 2005 Posts: 1,774	www.immihelp.com should help _ _ _ _ SIG _ _ _ _ http://www.bookin.biz/images/TV_BlankStatic.jpg IMAGE REMOVED; IT'S TOO LARGE

2006 February 16th, 04:16 PM	#5 (permalink)
swaroop Eager! Join Date: Jul 2005 Posts: 71	hi chandra... slightly late reply here... Guess you would have found all this out by now. Firstly approach a chartered accountant, and ask her(him) to do a detailed audit of your family. (S)He will include the estimated worth of all your fixed and liquid assets including land, jewelery, bonds etc., and will give you a net worth assessment on their company letter head. Get an affidavit of support from the person who is going to be your sponsor. This letter will state that s(he) possesses $ XYZ in her(his) account enough for atleast your first year of education, and is ready to spend it for your education. This needs to be notarised later. Get a statement from the bank where your sponsor has the account. In this letter the bank manager (typically on their letterhead) states that the account indeed has that much amount of ready funds. Get your sponsor's Income tax returns for the last 2 years. I think these documents must stand you in good stead for the Visa. Last line of advice. Please speak to a visa consultant for an hour or so. They will enlist all the necessary docs / processess involved. best, Swaroop.

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2009 August 9th, 09:23 PM	#7 (permalink)
fianceevisa Fiancee Visa Philippines Join Date: Aug 2009 Posts: 1	F1 or K1 can be an interesting journey.

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