Contractors & Freelancers + US Immigration & Visa: The Challenge
As contractor, preparing bank statements for us immigration & visa is a common but time-consuming task. US immigration applications (H-1B, L-1, EB-5, family sponsorship) require bank statements proving financial capability. USCIS needs clear, organized financial evidence.
How BankScan AI Helps Contractors & Freelancers with US Immigration & Visa
Upload your bank statements and get organised spreadsheets that make expense categorisation and self-assessment tax returns straightforward. For us immigration & visa specifically, BankScan AI extracts Household income relative to 125% of Federal Poverty Guidelines (for I-864), ass automatically.
How Contractors & Freelancers Handle US Immigration & Visa
When preparing bank statements for us immigration & visa, contractors & freelancers need to Contractors download bank statements from both personal and business accounts, separate allowable business expenses from personal spending, categorise. BankScan AI automates the data extraction step.
Key terms you'll encounter: IR35, director's loan account, allowable expenses, flat rate VAT.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 12 months for most family-based petitions (I-864 Affidavit of Support); EB-5 investors need to show full source-of-funds history which may span several years of statements for us immigration & visa.
AI extracts what you need
Our AI extracts Household income relative to 125% of Federal Poverty Guideli — formatted for contractors & freelancers workflows.
Complete your us immigration & visa work
Download Excel files ready for us immigration & visa. Statements must show account holder name matching passport, consistent with I-864 reported income; EB-5 requires detailed source-of-funds tracing with annotated transaction history
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for Contractors & Freelancers — US Immigration & Visa
- Built for Contractors & Freelancers — Saves 1-2 hours per month on expense tracking and categorisation, plus 3-4 hours at year-end when preparing records for self-assessment
- Software compatible — Output works directly with FreeAgent, Xero, QuickBooks Self-Employed
- Built for US Immigration & Visa — Convert bank statements to structured Excel spreadsheets showing balance history, income sources, and savings — formatted for USCIS evidence packages and immigration attorney review.
- Key data extracted — Household income relative to 125% of Federal Poverty Guidelines (for I-864), asset values, evidence of consistent employment income, source of investment funds for EB-5
Compliance: Contractors & Freelancers + US Immigration & Visa
When contractors & freelancers prepare bank statements for us immigration & visa, specific compliance requirements apply.
- IR35 legislation requires contractors to demonstrate they are genuinely self-employed. HMRC may request bank statements during IR35 investigations. Contractors operating through limited companies must comply with corporation tax filing and Companies House requirements. Self-employed contractors must register for self-assessment.
- Legal basis: Immigration and Nationality Act section 213A (Affidavit of Support); 8 CFR 213a (I-864 requirements); INA section 203(b)(5) (EB-5 investor visa regulations)
US Immigration & Visa — Built for Contractors & Freelancers
USCIS RFE (Request for Evidence) responses are due within 30-87 days depending on the notice; expired evidence packages require complete resubmission
Try Free — Contractors & Freelancers + US Immigration & Visa