Do I need to show funds for State Sponsorship?

[navendum]

Hey! Pal,

I've a question popping up in my mind on whether I need to show funds in bank account while applying for State Sponsorship.

One of our pals in the forum told me that there are some States who require and some who dont.

Please help me and give me clear idea about the same.


Best Wishes

Cheerio!!!

[aussieland]

u need to visit respective state wesite to confim the same....

[navendum]

Hey Pal,

Please go through this and kindly let me know how much settlement funds (as cash) does Queensland Government ask for us to show in our saving a/c?


Applicants seeking sponsorship from the Queensland Government for the Skilled Sponsored (Migrant) Visa (Subclass 176) must:

meet the Australian Government's eligibility criteria for the Skilled Sponsored (Migrant) Visa (Subclass 176)
have an occupation on the Skilled Sponsored (Migrant) Visa (Subclass 176) Eligible Skills List
meet the requirements for the nominated occupation as detailed on the Skilled Sponsored (Migrant) Visa (Subclass 176) Eligible Skills List
have a current positive skills assessment for that occupation from the relevant assessing authority
meet other nomination requirements detailed on the application form
include a copy of a detailed CV
include any other supporting documentation deemed relevant to the application
be assessed by Skilled and Business Migration as being likely to provide a clear benefit to the Queensland economy
have sufficient settlement funds (as cash) to cover potential long periods of unemployment
complete and submit an application form.
Note: A positive skills assessment does not necessarily guarantee approval.

Best Wishes

Cheerio!!!

[wattsbug]

Queensland are strict. They require a bank statement showing sufficient funds. For a family of 2 adults and 2 children, I have been advised that I would need a Statement showing 34,000 aud in my account. Perth, on the other hand, just ask that you tell them what funds you plan to take with you. That's what I'm lead to believe. Hope that helps

[navendum]

Hey! Pal,

Thanks a lot.

So, you mean to say only Queensland is the one which ask for funds in your account.

Best Wishes

Cheerio!!!

Originally Posted by wattsbug

Queensland are strict. They require a bank statement showing sufficient funds. For a family of 2 adults and 2 children, I have been advised that I would need a Statement showing 34,000 aud in my account. Perth, on the other hand, just ask that you tell them what funds you plan to take with you. That's what I'm lead to believe. Hope that helps

[wattsbug]

No, I don't know what the other states requirements are I'm afraid. Try emailing the migration dept of the states you're interested in. On another note I see you received your ielts results. Did you obtain the bands you required, if so Congratulations. Which test did you sit, the academic or general? I've to sit my academic 2 weeks tomorrow.

[shafaqat309]

Originally Posted by navendum

Hey! Pal,

Thanks a lot.

So, you mean to say only Queensland is the one which ask for funds in your account.

Best Wishes

Cheerio!!!

almost all states ask for funds but some of them ask for the proof of fund, like bank statement.
Victoria ask for some amount to be mentioned while filling up the form but they usually do not ask for the proof.

[navendum]

Hey! Pals,

Finally, I got a concrete information from the Queensland officials. The message is as follows:


Dear Sir/Madam

Thank you for your email.

Firstly I am not able to say when the Queensland State Migration Plan will be finalised. This is mainly due to the uncertainties that exist because of the federal election.

Regarding funds, we require evidence that applicants have liquid assets of at least $20,000 for the main applicant plus $7,000 for a spouse or partner plus $4,000 for the first child and $3,000 for each addition children. This basically means cash in the bank.

Regards
Principal Migration Consultant
Skilled and Business Migration
Department of Employment, Economic Development and Innovation
City East, Brisbane, Qld
________________________________________
From: navendum@gmail.com
Sent: Monday, 2 August 2010 6:00 PM
To: workliveplay@qld.gov.au
Subject: Enquiry
Dear Sir / Madame,
Just want to know, when the SMP will be released exactly?
And, are funds in a bank required to be shown by the candidate for getting the Sponsorship?
Will appreciate for your kind support and help.
Regards,
Navendum