How Much Bank Balance Is Required For an F2 Visa?
This post will review the minimum bank balance needed for an F2 visa.
The US government wants to be sure of this to prevent F2 visa candidates from becoming public charges while they are in the country. Hence, F2 visa applicants must demonstrate they have the financial resources to fulfill their expenses without returning to US government assistance.
What is the minimum bank balance required for an F2 visa?
There is no set sum for this. The amount of bank balance needed varies depending on several variables, including the applicant’s planned activities in the US, the length of stay in the US, the price of living in the area where they will be studying, and more.
Nonetheless, as a general rule, those applying for F2 visas ought to have enough money to pay for the costs of their stay in the US. Depending on the applicant’s location and way of life, the estimated monthly cost ranges from $500 to $1000.
F2 visa candidates must submit papers such as bank statements, investment portfolios, and job letters to demonstrate their ability to sustain themselves. An Affidavit of Support (Form I-134), which certifies that the F2 visa applicant will be financially supported during their stay in the US, may also be provided by the applicant’s spouse (the holder of an F1 visa). F2 visa applicants are not permitted to work in the US, so they cannot rely on that income to pay their bills.
- Applicants for F2 visas should have enough money saved up to pay for the costs of their entire stay in the US.
- Depending on the applicant’s location and way of life, the estimated monthly cost ranges from $500 to $1000.
- To demonstrate their financial stability, F2 visa applicants must submit documentation, including bank accounts, investment portfolios, and job letters.
In conclusion, several variables, including the applicant’s lifestyle, the length of stay in the US, and the cost of living in the area, affect the bank balance needed for an F2 visa. As a general rule, anyone applying for an F2 visa should have enough money to pay for the costs of their whole stay in the US. If you intend to apply for an F2 visa, be sure to seek advice from an experienced immigration lawyer to make sure you are in compliance with all regulations.
Can I utilize my spouse’s salary to demonstrate my ability to support myself when applying for an F2 visa?
Your spouse can certify that they will provide for you financially during your stay in the US by submitting Form I-134, Affidavit of Support. However, you should also have the money on hand to pay your costs for any unanticipated events.