financial rules

Showing 2 questions

This page displays all the results for the Financial Rules tag, sorted by the most recent activity. There are a total of 2 questions that have been tagged with Financial Rules. Explore the questions to find discussions and information relevant to this topic.
Jul 1, 2023
a year ago
Bob *******
ORIGINAL POSTER
Good afternoon I have a question I am on a Non O retirement visa. I have for a year. I have 800K in the bank. I have now changed to 65K per 12 months now. I am taking 400K out in august. Do I need to keep the other 400K in there until renew extension
Apr 20, 2019
6 years ago
Joe ***********
ORIGINAL POSTER
Tod Daniels :

IF how to properly meet income documentation requirements to successfully apply for and receive a one year extension of stay based on being age 50 or over IS NOT a valid subject for discussion here, then I do not know what issue is more important in preparing a TM 7 Application for an Extension.

The issue of properly meeting the recently changed financial rules for qualification is The Most Important Aspect in applying for a one year Extension of Stay. Because without properly meeting the new financial rules - no other requirement even when successfully met matters at all. The ability to meet the financial rules as now stated is complicated in some aspects especially in documenting the source of the monthly income. Expats want answers on this issue and denial of discussion about this issue is wrong headed and a disservice to members.

All other Extension Application requirements are discussed why are details of meeting income requirements off topic?
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