It is a requirement of your application that you have sufficient funds available to you in order to settle in Queensland. Settlement funds differ depending on whether the applicant is onshore or offshore, and how many secondary applicants are included in the application.
MANDATORY REQUIREMENTS
An applicant is required to have a mandatory cash component of settlement funds that is inclusive of the total cash and liquid assets.
Settlement Funds
All Applicants are required to complete a Settlement Funds Declaration Form affirming financial capacity.
Financial Support
Applicants that are under 23 years of age, or applicants seeking nomination through the Queensland University Alumni stream can declare financial assistance where they cannot meet the settlement funds requirements in their own right from an eligible relative. An eligible relative constitutes:
- Parent or step-parent
- Brother/ sister (including step brother/sister)
- Mother/father in-law
- Grandparent
Please note: you will receive a copy of the settlement declaration form after you have been sent an invitation from BSMQ to lodge an application with us.
The post Settlement Funds Requirements for Skilled Visa Applications appeared first on BSMQ.
Originally Published here: Settlement Funds Requirements for Skilled Visa Applications
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