AOS bond - Confused

Old Mar 10th 2004, 10:34 am
  #1  
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Default AOS bond - Confused

OK, I know you are all probably gonna sigh when you hear thsi one - but "AOS BOnd"??? WHat is it, who has to pay it - HELP!
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Old Mar 10th 2004, 10:56 am
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Default Re: AOS bond - Confused

Assurance of Support.

See skilled migration booklet.
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Old Mar 10th 2004, 2:38 pm
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Default Re: AOS bond - Confused

Originally posted by Tarryn
OK, I know you are all probably gonna sigh when you hear thsi one - but "AOS BOnd"??? WHat is it, who has to pay it - HELP!
Assurance of Support Bond.

Two types, Required and I believe Discretionary. The second MAY be asked for, the first is a definite yes.

The sponsor pays it. Ours for example was $14000 plus $200 for the bank to arrange it. The bond pays interest and in our case matures after ten years. I hope to be around then.........

I think technically the bond belongs to the sponsor, although I guess most migrants send the cash out.
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Old Mar 11th 2004, 12:26 pm
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Default Re: AOS bond - Confused

There is such a thing as a discretionary assurance of support, but no
bond is needed in this case.

The figures you quoted are for the Contributory Parent visa, regular
bonds are much less and normal maturity is 2 years.

Jeremy

Rog Williams wrote:
    > Originally posted by Tarryn
    >
    >>OK, I know you are all
    >
    > probably gonna sigh when you hear thsi one - but "AOS BOnd"??? WHat is
    > it, who has to pay it - HELP!
    >
    > Assurance of Support Bond.
    >
    > Two
    > types, Required and I believe Discretionary. The second MAY be asked
    > for, the first is a definite yes.
    >
    > The sponsor pays it. Ours for example
    > was $14000 plus $200 for the bank to arrange it. The bond pays interest
    > and in our case matures after ten years. I hope to be around
    > then.........
    >
    > I think technically the bond belongs to the sponsor,
    > although I guess most migrants send the cash out.
    >
    >
 

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