Affidavit Of Financial Support

Affidavit Of Financial Support Template for Singapore

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Key Requirements PROMPT example:

"I need an Affidavit of Financial Support to sponsor my nephew who will be studying at NUS in Singapore from January 2025, showing my commitment to cover his tuition fees of SGD 45,000 per year and living expenses of SGD 1,500 per month during his 4-year undergraduate program."

Document background

The Affidavit of Financial Support is a crucial document in Singapore's legal framework, particularly for immigration and family support matters. It serves as a formal declaration where the deponent commits to providing financial support to a specified beneficiary. This document is commonly required by the Immigration & Checkpoints Authority (ICA) for dependent's pass applications, student visa applications, and other immigration matters. The affidavit must include detailed information about the sponsor's financial capacity, employment, income, and specific support commitments. It requires proper execution before a Commissioner for Oaths and must comply with Singapore's strict legal requirements for sworn statements.

Suggested Sections

1. Declaration Header: Formal opening stating this is an affidavit, including deponent's details

2. Personal Information: Deponent's full details including citizenship, occupation, and address

3. Beneficiary Information: Details of person(s) being supported

4. Financial Capability Statement: Declaration of income, assets, and ability to provide support

5. Support Commitment: Specific details of financial support to be provided

6. Verification Statement: Declaration of truth and accuracy

Optional Sections

1. Employment Details: Detailed employment information when required for immigration purposes

2. Additional Assets Declaration: Detailed list of assets when required for high-value support commitments

3. Third-Party Guarantor: Details of additional guarantor when required by authorities

Suggested Schedules

1. Income Proof: Recent salary statements, tax returns, or employment letter

2. Bank Statements: Recent bank statements showing financial capacity

3. Asset Documentation: Property ownership documents, investment statements if applicable

4. Identification Documents: Copies of passport, NRIC, or other official ID

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

alex.den.21@genieai.co

Relevant legal definitions

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Immigration Services
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Financial Services
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Human Resources
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International Office
Finance
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Immigration Officer
Human Resources Manager
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International Student Advisor
Compliance Officer

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Let's create your Affidavit Of Financial Support

Authors

Alex Denne

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