Croydon

Hi Jodi podi

Sorry for the delayed response. Some of this is from State websites and the rest from an Immigration Consultant.

Thanks

Croydon

Hi

 

I read somewhere on the Australian Immigration website that 'required to demonstrate and/or declare that they have genuine access to sufficient funds to be granted a student visa. Applicants may have to demonstrate sufficient funds to cover these expenses for the first one or two years in Australia, depending on their assessment level'

 

My questions therefore ( and I apologize if these are one too many) are:

 

- Is the above also applicable in someway for the the below categories?

 

 

 

• Skilled – 189

• Skilled –190

 

 

- Does any know if one needs to show any funds prior to VISA application?

- What is the amount to be shown per person (for a family of 4 - Wife, 2 kids and self)?

- Does the evidence have to be funds in my bank account or

- can it be in the form of assets or

- can it be the balance in account + assets?

- If money is to be shown, does the required amount have to be in the account for a certain history say last 3 months or last 6 months?

 

Any information regarding the all or some of the above would be really appreciated.

 

Thanks

 

 

___________________________________________________________________________________

 

The trouble with cash flow is that the tide always seems to be going out!

Finally all the answers!!!:biggrin:

[TABLE=class: MsoNormalTable, width: 490]

[TR]

[TD=width: 215] South Australia

[/TD]

[TD=width: 439] 25000AUD for single applicant and 5000AUD for every additional applicant

[/TD]

[/TR]

[TR]

[TD=width: 439] Liquid Assets should not be less than 20000 AUD

[/TD]

[/TR]

[TR]

[TD=width: 215] New South Wales

[/TD]

[TD=width: 439] Not required

[/TD]

[/TR]

[TR]

[TD=width: 215] Northern Territory

* You need to maintain the funds from the initial day itself,

to ensure you meet 3 months maintenance to lodge your sponsorship.

[/TD]

[TD=width: 439] Single Applicant - 35000 AUD

[/TD]

[/TR]

[TR]

[TD=width: 439] Applicant + Spouse - AUD $50,000

[/TD]

[/TR]

[TR]

[TD=width: 439] Applicant + Spouse + 1 Child - AUD $60,000

[/TD]

[/TR]

[TR]

[TD=width: 439] Applicant + Spouse + 2 Children - AUD $65,000

[/TD]

[/TR]

[TR]

[TD=width: 215] Victoria

[/TD]

[TD=width: 439] 30000 AUD - Liquid assets

5000 AUD- For Additional Applicants

[/TD]

[/TR]

[TR]

[TD=width: 215] Western Australia

[/TD]

[TD=width: 439] 20000 AUD - fixed and liquid assets

10000 AUD- For Addition Applicants

[/TD]

[/TR]

[TR]

[TD=width: 215] Australian Capital Territory

* You need to maintain the funds from the initial day itself,

to ensure you meet 3 months maintenance to lodge your sponsorship.

[/TD]

[TD=width: 439] 20000 AUD transferable assets

[/TD]

[/TR]

[TR]

[TD=width: 439] 10000 AUD for each dependent

[/TD]

[/TR]

[/TABLE]

Each state have different requirements regarding funds - some require proof, other self declaration.

 

For example NT require $65,000 for 2 adults and 2 children, and need to provide proof of the financial assets http://www.migration.nt.gov.au/visa/skilled_nominated.html

 

SA, between $35,000-40,000, stating were financial assets are coming from - i.e savings, sale of property. https://www.migration.sa.gov.au/node/104

 

WA no set amount - but figures similar to SA would be required.

 

 

There is no requirement for 189, but a CO could ask regarding settlement funds.

_______________________________________________

Thanks a ton for the detailed response. This really helps. Appreciate it mate.

Cheers

Croydon

Thanks for the info. I do understand that it is now 189 and 190 via skill select. Of course, you are spot on with the 'cheap gig' remark. But I am sure in the end it will be worth it!!!

Hi

I read somewhere on the Australian Immigration website that 'required to demonstrate and/or declare that they have genuine access to sufficient funds to be granted a student visa. Applicants may have to demonstrate sufficient funds to cover these expenses for the first one or two years in Australia, depending on their assessment level'

My questions therefore ( and I apologize if these are one too many) are:

- Is the above also applicable in someway for the the below categories?

• Skilled – 189
  
• Skilled –190
  

- Does any know if one needs to show any funds prior to VISA application?

- What is the amount to be shown per person (for a family of 4 - Wife, 2 kids and self)?

- Does the evidence have to be funds in my bank account or

- can it be in the form of assets or

- can it be the balance in account + assets?

- If money is to be shown, does the required amount have to be in the account for a certain history say last 3 months or last 6 months?

Any information regarding the all or some of the above would be really appreciated.

Thanks

___________________________________________________________________________________

The trouble with cash flow is that the tide always seems to be going out!