What did you do with your returned $100k bond?
May 16th 2007, 10:15 pm
#1
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What did you do with your returned $100k bond?
Out of interest...what did people do with the $100k, after it was returned to them- holiday, downpayment on a house, car, saved it....went back home?
(those that gained a visa that way
)
(those that gained a visa that way
)
May 16th 2007, 10:37 pm
#2
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Re: What did you do with your returned $100k bond?
ours is still in an australian bank account we set up a year ago waiting for us to get there next month (hopefully )
May 17th 2007, 12:45 am
#3
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Location: Wello Point, Bayside, Brisbane & Loving It !!!
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Re: What did you do with your returned $100k bond?
New pool
Landscaping
Rest off home loan
May 17th 2007, 6:27 pm
#4
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Re: What did you do with your returned $100k bond?
Planning to put ours towards an investment property when it does come out in 4 months' time.
May 17th 2007, 9:14 pm
#5
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Re: What did you do with your returned $100k bond?
WHAT is this $100k bond?? when and to whom do you pay it? when do you get it back?
is it for all types of visa??
is it for all types of visa??
May 17th 2007, 9:40 pm
#6
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Re: What did you do with your returned $100k bond?
As above, but also is it tax free? and what is the intrest rate on it?
Just trying to figgure if they are a good safe place to invest some cash.
Just trying to figgure if they are a good safe place to invest some cash.
May 17th 2007, 9:56 pm
#7
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Re: What did you do with your returned $100k bond?
Last edited by MartinLuther; May 17th 2007 at 10:04 pm.
May 17th 2007, 10:01 pm
#8
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Re: What did you do with your returned $100k bond?
The rates are generally comparable to a savings account so you should be able to find better if you want to tie up your money. Should be safe though, as they are issued by the state governments. Note you don't have to get it from the government of the state that you are going to.
May 18th 2007, 2:21 am
#9
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May 18th 2007, 8:57 pm
#10
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Re: What did you do with your returned $100k bond?
What, no-one blew it all on the gee-gees or wine women and song? 
(I think ours will go on a house downpayment or a business- BTW)
(I think ours will go on a house downpayment or a business- BTW)
May 19th 2007, 5:46 am
#11
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Re: What did you do with your returned $100k bond?
You can actually buy them from ANY state government, doesn't have to be where you're going to live. We put our money with WA but are going to Victoria in 2 weeks' time. You can shop around and go with the one offering highest interest rate.
They are as safe as you can get as government bonds are government guaranteed.
They are as safe as you can get as government bonds are government guaranteed.
