The Statement of Financial Support Form is a crucial document in Philippine legal and administrative processes, particularly in immigration, education, and visa applications. This document serves as a formal declaration where a sponsor commits to providing financial support to a beneficiary, ensuring they will not become a public charge. The form must comply with Philippine immigration regulations, including the Immigration Act of 1940 and relevant Bureau of Immigration memoranda. It typically requires notarization and must be accompanied by supporting documentation proving the sponsor's financial capacity. The document is commonly used when foreign students apply for study visas, during family sponsorship for immigration purposes, or when proving financial support for dependent visa applications. The form's content and structure are designed to meet the requirements of Philippine authorities while providing clear evidence of financial responsibility and support commitment.
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1. Document Title and Date: Clear identification of the document as a Statement of Financial Support with date of execution
2. Sponsor Information: Complete details of the financial sponsor including full legal name, nationality, current address, contact information, and government-issued ID numbers
3. Beneficiary Information: Full details of the person being supported including full legal name, nationality, current address, and relationship to sponsor
4. Financial Support Declaration: Explicit statement of financial support commitment, including the amount or nature of support and duration
5. Source of Income: Declaration of sponsor's employment, business, or other sources of income that enable them to provide the support
6. Legal Declaration: Statement affirming the truth and accuracy of all information provided, with acknowledgment of legal responsibilities
7. Notarization Block: Space for notary public's authentication of the document
1. Purpose of Support: Specific reason for financial support (e.g., education, immigration, medical) - include when support is for a specific purpose
2. Additional Beneficiaries: Section for listing multiple beneficiaries if support extends to family members - include when supporting multiple individuals
3. Terms and Conditions: Specific conditions or limitations of support - include when support has specific constraints or requirements
4. Emergency Contact Information: Additional contact persons - include when required by institutions or for emergency situations
5. Termination Clause: Conditions under which support may be terminated - include when support is conditional or time-bound
1. Proof of Income: Copies of salary statements, tax returns, or other income documentation
2. Bank Statements: Recent bank statements showing financial capability
3. Employment Certification: Current employment verification or business registration documents
4. Identity Documents: Copies of government-issued IDs of sponsor and beneficiary
5. Property Documents: Optional documentation of assets and properties if relevant to financial capacity
Relevant legal definitions
Clauses
Relevant Industries
Education
Immigration Services
Legal Services
Financial Services
Healthcare
International Business
Government Services
Travel and Tourism
Diplomatic Services
Relevant Teams
Legal
Compliance
Administrative Services
International Relations
Student Services
Document Processing
Immigration Services
Human Resources
Risk Management
Relevant Roles
Immigration Officer
Visa Processing Officer
Compliance Officer
Administrative Manager
Legal Assistant
International Student Advisor
Embassy Liaison Officer
HR Manager
University Admissions Officer
Legal Counsel
Document Control Specialist
Foreign Student Coordinator
Visa Application Specialist
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