65k monthly transfer rule

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This page displays all the results for the 65k Monthly Transfer Rule tag, sorted by the most recent activity. There are a total of 1 questions that have been tagged with 65k Monthly Transfer Rule. Explore the questions to find discussions and information relevant to this topic.
December 17, 2022
2 years ago
James ***************
ORIGINAL POSTER
I have been on non o retirement extension for 11 years with no problems.

I have used the 800k/400k rule for every extension to date.

My visa is due for extension again in April 2023.

I still have sufficient bank funds to cover requirements for visa extension

but

I would like to switch to the minimum 65k monthly transfer/deposit rule. I have been transferring 65k plus every month since January this year (2022).

My question is: do i still need to abide by the 800/400 rule until April 2023 when my new extension is required or do i just need to show proof of the 12 months plus minimum 65k monthly transfer/deposits to qualify for my next 12 month extension ?

Or do the two need to run in tandum up until my next extension renewal ?

Would be great to hear from members who have already went through this process or anyone who is aware of the process.

Thank You

James
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