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Croydon

Required Funds and Evidence of Funds

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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!

Edited by Croydon

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You need to update your info, those visas are no longer open to new applicants. The equivalent visas are the 189 and 190 via skill select. Some states require you to show funds if they are sponsoring you for a visa. The unsponsored one requires no funds, though they do advise you have enough to settle, very few benefits are available for the first two years.

 

Visa fees have gone up too. You are looking at more than $6k just for the visa now plus assessment fees, IELTS, medicals etc. It isn't a cheap gig.


So many wineries ......so little time :yes:

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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!!!

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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!!!

 

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.

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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

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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]

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I had to provide proof for QLD 190 visa, cant rememeber exact amounts sorry


2012 IELTS 26/5 ANMAC 27/10 2013 LOD 14/03 AHPRA 08/05 LOE 30/05 EOI for QLD SS submitted and invited (same day) 30/05 190 Visa lodged 11/06 Medicals 29/06 CO allocated 12/7 PCC 23/7 extra docs 18/8 VISA GRANTED 23/8! Flights booked 10 Sept Brisbane bound! :jiggy:

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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]

 

 

 

Where is this information from please Croydon??


''Don't bother searching for the light at the end of the tunnel.....march right up there and turn the b*stard thing on yourself.'' :wink:Sarah Millican

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Hi Jodi podi

 

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

 

Thanks

Croydon

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Hi Jodi podi

 

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

 

Thanks

Croydon

 

Thanks Croydon, it seems to be that WA don't actually ask for evidence, simply want to know you'll have enough to settle....havnt heard of anyone actually having to provide proof for WA 190 up to now. Obviously best to have a good safe amount of money to take though :)


''Don't bother searching for the light at the end of the tunnel.....march right up there and turn the b*stard thing on yourself.'' :wink:Sarah Millican

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Nic1171 could you use funds in bank and assets to prove sufficient funds?

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Just to clarify...

 

Those state funds requirements listed in the above posts ONLY apply to applications for 489 and 190 state sponsored visas.

 

There are NO funds requirements for 189 visas. There should be, but there are none and you can apply for a 189 with no more funds than the absolute minimum needed to get the visa and you could arrive with nothing. You would be crazy to do so, but DIBP won't do anything to stop you either when you apply for the 189 or when you arrive in the country. Just be aware that you are not eligible for any government income support for 2 years after arrival.

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Please senior members,i am new in this forum.can someone help me out in the format to write commitment to SA.How many words? A sample if possible.Thanks everyone.

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