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Migration Bonds The information papers accessible below have been prepared for the purpose of providing information only to those persons applying for a designated investment (Bond) under the following visas;
all of which are administered by the Commonwealth Department of Immigration and Citizenship. An information paper is solely for the use of a qualifying person applying for the relevant Bond. The Bonds as Designated Investments are only available in accordance with, and to those who meet, the requirements of the Department of Immigration and Citizenship. No person is authorised in connection with the information papers to give any information or to make any representation other than those contained in the information paper s and, if given or made, such information or representation must not be relied upon as having been authorised by SAFA or the State of South Australia. Applicants should carefully consider each information paper relevant to the particular Bond, if is seeking to invest in, as each may contain different terms.
The South Australian Government Financing Authority (SAFA) is reinstating the Designated Investment for General Skilled Migration program (bonus points for capital investment) administered by the Commonwealth Department of Immigration and Citizenship (DIAC). This programme is only for those applicants who applied prior to 1 st September 2007 and who are instructed by DIAC to invest a minimum amount of $100,000 for at least one year to gain the extra points. Applicants are advised not to use the old information paper and application form as SAFA has changed its Registry provider to Link Market Services. DIAC will also make an announcement on their website and you are advised to read both announcements before preparing your application. To apply for the designated investment you must provide our Registry with:
We appreciate that you may have already provided DIAC with certified copies of these documents but under the ‘Anti-Money Laundering and Counter Terrorism Financing Act 2006' we are obliged to collect this information ourselves. Failure to provide adequate or incomplete information will result in your application being returned to you. It is anticipated that there may be a rush of applications and to enable us to concentrate on processing them we would appreciate your co-operation by keeping telephone enquiries as to the progress of your application to the minimum. We will give an indication in the information paper of the time that we think it will take our Registry to process your application. Interest rates as at 08-02-2010 applicable to investments banked by our Registry on this date:
* Interest Payable ( % p.a. ) and First Interest Payment Date.
Interest rates as at 08-02-2010 applicable for the following maturities are:
* Interest Payable ( % p.a. ) and First Interest Payment Date. Please note that interest rates applicable to SAFA Bonds are reviewed regularly and subject to change.
Interest rates as at 08-02-2010 applicable for the following maturities are:
* Interest Payable ( % p.a. ) and First Interest Payment Date. Please note that interest rates applicable to SAFA Bonds are reviewed regularly and subject to change.
Please contact Nigel Harvey on 08 8226 9471, or e-mail mail.safa@sa.gov.au for any further information.
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