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when do sponsor's get money back?

when do sponsor's get money back?

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Old Mar 25th 2008, 4:07 am
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Default when do sponsor's get money back?

Hi

we moved to perth in oct 07 and sister in law sponsored us and put in $5000 - she gets it back after 2 yrs but is it 2 yrs from getting our visa's validated or 2 yrs from when we arrived here to live?
What if we go home within 2 yrs (suffering the dreaded homesickness badly right now..) - does she still get it back?

just wondered if anyone knew....

thanks all,
Lisa x
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Old Mar 25th 2008, 5:07 am
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Default Re: when do sponsor's get money back?

Hi

I sponsored my brother and his family. They have been here 2 years in April.

I placed the $5,000 into the Commonwealth bank in November 2005, as they arrived in the April of 2006, it is deemed two years from the date of arrival.

I enquired with the bank and was informed that I and the bank would receive letters from Centrelink when the two years were up. Upon receipt of the letter from Centrelink, I will then be able to get the deposit back from the bank. When Centrelink send out these letters, I can only presume that it will be after 20th April. I only know that I cannot get the money until the letters have been sent.

Hope this helps.

Regards

Barney
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Old Mar 25th 2008, 5:27 am
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Default Re: when do sponsor's get money back?

Originally Posted by POW148
Hi

I sponsored my brother and his family. They have been here 2 years in April.

I placed the $5,000 into the Commonwealth bank in November 2005, as they arrived in the April of 2006, it is deemed two years from the date of arrival.

I enquired with the bank and was informed that I and the bank would receive letters from Centrelink when the two years were up. Upon receipt of the letter from Centrelink, I will then be able to get the deposit back from the bank. When Centrelink send out these letters, I can only presume that it will be after 20th April. I only know that I cannot get the money until the letters have been sent.

Hope this helps.

Regards

Barney
that does help.

thank you.

I just need to know if we return to UK within the 2 yrs whether they still get the money back!? Hope so.
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Old Mar 25th 2008, 1:54 pm
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Default Re: when do sponsor's get money back?

Originally Posted by sylvesterthecat
that does help.

thank you.

I just need to know if we return to UK within the 2 yrs whether they still get the money back!? Hope so.
Not until the 2 years has passed.
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Old Mar 25th 2008, 2:00 pm
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Default Re: when do sponsor's get money back?

I will be paying the $5000 myself, so if for any reason the money isn't returned, or anything, then it'll be me who loses out.
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Old Mar 26th 2008, 12:44 am
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Default Re: when do sponsor's get money back?

Originally Posted by JAJ
Not until the 2 years has passed.
so regardless of where we are they still get the money back in 2 yrs?
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Old Mar 26th 2008, 1:24 am
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Default Re: when do sponsor's get money back?

Originally Posted by sylvesterthecat
so regardless of where we are they still get the money back in 2 yrs?

I would say so cos if you went back to the UK you could possibly come back to OZ if your visa allowed it.
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Old Mar 26th 2008, 1:25 am
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Default Re: when do sponsor's get money back?

Originally Posted by xzibit
I will be paying the $5000 myself, so if for any reason the money isn't returned, or anything, then it'll be me who loses out.
Personally I think thats the only way for it to be done.
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Old Mar 26th 2008, 5:06 am
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Default Re: when do sponsor's get money back?

Originally Posted by Siren & Brian
Personally I think thats the only way for it to be done.
thanks all.

unfortunately we are not in the position to pay the $5000 otherwise we certainly would have.
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