Renewal of retirement visa extension from 800000 to 65000/mo method. Does the 65000 need to be in one lump sum deposit or can it be divided into 2 deposits say 30000 and 35000 total 65000 in each month?
Answer summary
The funds for a retirement visa extension must be shown as monthly deposits. Although there is no strict policy mandating a single transfer, immigration offices may have their preferences. It's crucial that each deposit for 12 months is coded correctly as an international transfer to fulfill the requirements.
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Greg ********
It’s has to be monthly, and coded as an international transfer each month. If only 1 month is coded incorrectly, it won’t work. You need 12 months of transfers.
That's really a question for your immigration office. While there is no policy that says the funds must all come in a single transfer, some immigration offices prefer it that way, and some might even require it.