Sufficient Funds? 475
#1
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Joined: Jan 2008
Posts: 12
Sufficient Funds? 475
Hi, could anyone tell me when they say sufficient funds to live off when you arrive in OZ for state sponsorship, how much is this?
Ive had a look on the WA Website but cant seem to find a figure
Ive had a look on the WA Website but cant seem to find a figure
#2
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Joined: Dec 2003
Location: Currently Sydney, but returning to UK in April
Posts: 504
Re: Sufficient Funds? 475
For SA it's $25k for the main applicant and $5k for each additional applicant. At least $10k of that amount must be liquidated.
You should probably aim for a similar amount for States/Territories that don't publish exact required amounts.
You should probably aim for a similar amount for States/Territories that don't publish exact required amounts.
#3
Re: Sufficient Funds? 475
WA doesn't use a simple formula like SA; instead they expect you to perform a calculation, as per the following questions in their online application form:
Provide an estimate of the funds you will bring to WA ($AUD):*
Where will these funds come from?:*
Estimate the cost of your relocation to WA ($AUD):*
Provide details of how you researched the cost of living in WA:*
Estimate the cost of living in WA, provide details.:*
Do you believe that you are able to sustain yourself (including dependents) adequately if your application is successful?:
And for the best advice available on living costs in Australia, try our list of sources at http://austimmigration.com.au/site/?q=node/12 .
Cheers,
George Lombard