Partner visa, enough money to support for 2 years?

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Partner visa, enough money to support for 2 years?


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Old 11-27-2019, 09:50 AM
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Partner visa, enough money to support for 2 years?

Hello,

I am looking at the partner visa, it says "The applicants will need to have enough money, even if unemployed, to support themselves for the first two years and if they run out of money or fail to get a job in that period, that would not be sufficient reason to make them eligible for social security income support payments".

Does that mean I need to show that much money in the Australian bank account or can I show that money in an overseas bank account?

Regards, Philip


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Old 11-27-2019, 10:43 AM
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I'm sure it doesn't matter in the first instance where the funds are as long as they can be accessed by one of you.
But of course an Australian bank account makes access and monitoring easier.
The government just wants to avoid another free ride situation

Having said that there may be a statutory requirement such as Thailand has for a lump sum to be on deposit (80,000 baht from memory)


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Old 11-27-2019, 10:59 AM
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Originally Posted by philip368320 View Post
Hello,

I am looking at the partner visa, it says "The applicants will need to have enough money, even if unemployed, to support themselves for the first two years and if they run out of money or fail to get a job in that period, that would not be sufficient reason to make them eligible for social security income support payments".

Does that mean I need to show that much money in the Australian bank account or can I show that money in an overseas bank account?

Regards, Philip
Where did u see this?

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Old 11-27-2019, 11:40 AM
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Quote:
Originally Posted by philip368320 View Post
Hello,

I am looking at the partner visa, it says "The applicants will need to have enough money, even if unemployed, to support themselves for the first two years and if they run out of money or fail to get a job in that period, that would not be sufficient reason to make them eligible for social security income support payments".

Does that mean I need to show that much money in the Australian bank account or can I show that money in an overseas bank account?

Regards, Philip
There is no current requirement to hold such a sum.

It is mentioned to make sure you are aware that the government will not support you if you are in hardship.

The 2 year waiting period, for such benefits, has been increased to 4 years, for those whose residence visa or specified visa subclass is granted on or after 1 January 2019.

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Old 11-29-2019, 10:10 AM
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Originally Posted by Rock747 View Post
Where did u see this?
The online application form, its not a "requirement", it just say's that on the form at the bottom.


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Old 11-29-2019, 08:17 PM
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Quote:
Originally Posted by philip368320 View Post
The online application form, its not a "requirement", it just say's that on the form at the bottom.
It basically just refers to the fact that you don’t be able to access unemployment benefits or social security.

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