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Affidavit Of Financial Support for Philippines

Affidavit Of Financial Support Template for Philippines

An Affidavit of Financial Support is a legally binding document used in the Philippines that formally declares an individual's commitment to provide financial support to another person or persons. This document, governed by Philippine law and subject to notarial regulations, serves as a sworn statement detailing the supporter's financial capacity and specific commitments. It is commonly used for immigration applications, educational sponsorship, family support arrangements, and various other purposes requiring formal documentation of financial responsibility. The document must comply with Philippine notarial laws and may need to meet additional requirements depending on its specific use, such as immigration regulations or educational institution policies.

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What is a Affidavit Of Financial Support?

The Affidavit of Financial Support is a crucial document in Philippine legal practice that serves multiple purposes across various contexts. It is commonly required when an individual needs to formally declare their commitment to financially support another person, whether for immigration purposes, educational support, family maintenance, or other legal requirements. The document must be executed in accordance with Philippine notarial laws and typically includes detailed information about the financial supporter's capacity, specific support commitments, and the purpose of the support. This affidavit is particularly important in visa applications, school admissions, and family support arrangements, where formal proof of financial capability and commitment is required. The document must be notarized and may need to be accompanied by supporting documentation such as bank statements, employment certificates, or tax returns to substantiate the declared financial capacity.

What sections should be included in a Affidavit Of Financial Support?

1. Title and Venue: States that this is an Affidavit of Financial Support and specifies the location where the affidavit is being executed

2. Affiant Information: Complete identification of the person providing financial support, including full legal name, age, citizenship, civil status, and current address

3. Beneficiary Information: Complete details of the person(s) receiving financial support, including full legal name, age, citizenship, and current address

4. Relationship Declaration: Statement of the relationship between the affiant and the beneficiary

5. Purpose of Support: Clear statement of why the financial support is being provided and how it will be used

6. Financial Capacity: Declaration of affiant's employment, income, and ability to provide the promised support

7. Support Commitment: Specific details about the financial support, including amount, frequency, and duration

8. Undertaking: Formal commitment to fulfill the obligations stated in the affidavit

9. Verification and Certification of Oath: Standard closing statements declaring the truth of the contents and notarial portion

What sections are optional to include in a Affidavit Of Financial Support?

1. Immigration Purpose: Additional declarations required when the affidavit is for visa or immigration purposes, including specific commitments required by immigration authorities

2. Educational Support: Specific provisions when the support is for educational purposes, including details about the educational institution and expected expenses

3. Medical Support: Special provisions when support is for medical expenses, including details about medical conditions and expected treatments

4. Property Details: Information about specific properties or assets being used to demonstrate financial capacity

5. Third-Party Guarantor: Information about additional guarantors if required for the support commitment

What schedules should be included in a Affidavit Of Financial Support?

1. Proof of Income: Copies of recent pay slips, tax returns, or other income documentation

2. Bank Statements: Recent bank statements showing financial capacity

3. Employment Certificate: Current employment certification or business registration if self-employed

4. Government IDs: Copies of valid government-issued identification for all parties

5. Supporting Documents: Additional documents specific to the purpose (e.g., school admission, medical certificates, visa applications)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions

























Clauses




















Relevant Industries

Immigration

Education

Healthcare

Legal Services

Financial Services

Government Services

International Relations

Social Services

Non-Profit Organizations

Corporate Services

Relevant Teams

Legal

Human Resources

Immigration

Compliance

International Relations

Student Services

Document Processing

Administrative Support

Corporate Secretariat

Global Mobility

Relevant Roles

Immigration Lawyer

Legal Counsel

Notary Public

HR Manager

Compliance Officer

Embassy Consul

Visa Officer

University Admissions Officer

Financial Advisor

Legal Administrative Assistant

Corporate Secretary

International Student Coordinator

Social Services Coordinator

Legal Document Specialist

Immigration Consultant

Industries







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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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