$100k Bond Solution from South Australia
#1
Reg. Migration Agent
Thread Starter
Joined: Jan 2003
Location: Inner Western suburbs of Sydney
Posts: 4,483
$100k Bond Solution from South Australia
The South Australian Government Financing Authority (SAFA) is reinstating the Designated Investment for General Skilled Migration program (bonus points for capital investment) administered by the Commonwealth Department of Immigration and Citizenship (DIAC). This programme is only for those applicants who applied prior to 1st September 2007 and who are instructed by DIAC to invest a minimum amount of $100,000 for at least one year to gain the extra points.
Applicants are advised not to use the old information paper and application form as SAFA has changed its Registry provider to Link Market Services.
DIAC will also make an announcement on their website and you are advised to read both announcements before preparing an application.
To apply for the designated investment the following documents must be provided to our Registry:
• Form 1134 Part 2 completed.
• An application form from the SAFA information paper
• An Investor Identification Information form
• Certified copies of documents of proof of identity.
We appreciate that certified copies of these documents may have already been provided to DIAC, but under the ‘Anti-Money Laundering and Counter Terrorism Financing Act 2006’ we are obliged to collect this information ourselves. Failure to provide adequate or incomplete information will result in the application being returned to you.
It is anticipated that there may be a rush of applications and to enable us to concentrate on processing them we would appreciate your co-operation by keeping telephone enquiries as to the progress of your application to the minimum. We will give an indication in the information paper of the time that we think it will take our Registry to process your application.
Our Information Paper is expected to be on our website www.safa.sa.gov.au later today (29th January 2009).
Applicants are advised not to use the old information paper and application form as SAFA has changed its Registry provider to Link Market Services.
DIAC will also make an announcement on their website and you are advised to read both announcements before preparing an application.
To apply for the designated investment the following documents must be provided to our Registry:
• Form 1134 Part 2 completed.
• An application form from the SAFA information paper
• An Investor Identification Information form
• Certified copies of documents of proof of identity.
We appreciate that certified copies of these documents may have already been provided to DIAC, but under the ‘Anti-Money Laundering and Counter Terrorism Financing Act 2006’ we are obliged to collect this information ourselves. Failure to provide adequate or incomplete information will result in the application being returned to you.
It is anticipated that there may be a rush of applications and to enable us to concentrate on processing them we would appreciate your co-operation by keeping telephone enquiries as to the progress of your application to the minimum. We will give an indication in the information paper of the time that we think it will take our Registry to process your application.
Our Information Paper is expected to be on our website www.safa.sa.gov.au later today (29th January 2009).
#2
BE Enthusiast
Joined: Aug 2007
Location: Geelong.
Posts: 391
Re: $100k Bond Solution from South Australia
I'm sure everyone involved will be relieved, this has been going on for such a long time. Thanks George.
#3
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,814
Re: $100k Bond Solution from South Australia
Thanks for the info George, I'll make it a "sticky" for a few days
#5
Re: $100k Bond Solution from South Australia
OMG, I am so pleased for all those people who have been waiting so long to hear this news.
#6
Just Joined
Joined: Feb 2009
Posts: 8
Re: $100k Bond Solution from South Australia
Hello, is there any know will SAFA withdraw this service again? and When? How long do we have to do this?