The $5,000 Requirement

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The $5,000 Requirement


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Old 06-15-2011, 12:56 PM
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Exclamation The $5,000 Requirement

If you've been reading the forum over the past few days you'll probably know my situation. My partner and I (I'm Australian) are heading to Australia (Melbourne) in August.

My partner is coming on a working holiday visa for 12 months, and we plan on applying for the defacto visa (which we will meet - and will most probably register our relationship as a back up anyway) around the 11 month mark.

My question now is about the $5,000 requirement. We will have this by this time, as my employer is helping out a huge amount by paying for our flights.

First question is when do we prove this? At the time of lodgement (online) or when we depart UK or arrive in Oz?

We have a shared account - is it ok to show the bank statement with $5k+ even if it has both our names on it, or does this need to be in my partners name alone? Also, this will be in our UK account. We plan on transferring our funds to our already set up Australian account a week or two before, so the funds will no longer be there. Is that a problem?

Many thanks.


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Old 06-16-2011, 10:41 AM
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Anyone know about the joint statement? Or should we show the funds in just my partners account?


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Old 06-17-2011, 12:04 AM
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Hi callum

Proof of the $5K doesn't appear to be in the checklist of documents required in the WHV application (but I remember when I did my WHV for UK I had to give bank statements at time of app lodgement ....) In any case, I reckon you'd need to have it handy just in case they do ask for evidence of it -- at time of lodgement, and I guess up until she arrives in Australia.

It won't matter if its in a UK or Aust account. Does she have a CR card as well by any chance? You MIGHT be able to inc that too as proof of availability of funds -- they accept this for tourist visas afterall.

I also don't think it will matter too much if its in a joint account -- you could always accompany it with a short letter from yourself stating that you "permit" your partner the full use of the money for her arrival expenses in Australia. You could also mention that you are Australian citizen & are happy to provide accomodation etc on her arrival.... it could even be helpful for when you do the de facto app (ie you could use your letter to DIAC as added evidence of a history of combination of financial affairs etc).





Quote:
Originally Posted by callumchapman View Post
If you've been reading the forum over the past few days you'll probably know my situation. My partner and I (I'm Australian) are heading to Australia (Melbourne) in August.

My partner is coming on a working holiday visa for 12 months, and we plan on applying for the defacto visa (which we will meet - and will most probably register our relationship as a back up anyway) around the 11 month mark.

My question now is about the $5,000 requirement. We will have this by this time, as my employer is helping out a huge amount by paying for our flights.

First question is when do we prove this? At the time of lodgement (online) or when we depart UK or arrive in Oz?

We have a shared account - is it ok to show the bank statement with $5k+ even if it has both our names on it, or does this need to be in my partners name alone? Also, this will be in our UK account. We plan on transferring our funds to our already set up Australian account a week or two before, so the funds will no longer be there. Is that a problem?

Many thanks.

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Old 06-17-2011, 07:45 AM
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Hi again!

First of all - where are you based? I owe you a drink or something, you've been a huge help!

We went ahead with the WHV application and we wasn't asked to prove the funds. Just had to tick a box to say we'll have them at the time of travel (I guess this is because you have up to 12 months to go out there)!

We applied on the 15th, and it was approved on the 16th. So super speedy! No where does it state that there is a no further stay condition, so I guess we're safe there. I read somewhere that that's usually only the case if you're from certain countries, or have children.

I think what we'll do is just have a shared bank statement. We're hoping to have around $7,500+ by time we go so I doubt we'll have any problems. Good idea with the letter though, probably worth writing something. Although I'll be there anyway so I can always tell them our case; that I'm working there for a year and Alex, my partner, is coming with me to explore Melbourne, and will be living with me. That and the funds should prove no problem!

Thanks again for all your help!


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