Thanks. I understand about the seeding but my point is when I come to try and swap over to the 65 method, subject to approval, do I have to get back up to 800k at the time of renewal in December 2025 and if I do get approval to change, can I take the 800k out. Thanks

@Brook *******

sounds good. I would transfer the money myself like I do already for other things and I'm good with that. Each to their own

@Brandon ***********

thanks for the confirmation. One last point please. So I start making 65k transfers in November 2024 but applying this year in December 2024 using the 800k method. Assuming I do monthly transfers up until December 2025, do I still need to show the 800k when I apply in December 2025 ? I assume once / if the visa is extended then and it is confirmed I can use 65k method, I can withdraw the 800k if I wish. Thanks

@Dave *********

it's not the interest that bothers me, I could use the 800k to put a payment on a house, buy a car and stuff like that. With modern IT, in an emergency, you can get money wired here in seconds, literally. Good question tho

@Brandon ***********

really helpful chart thanks

@Brandon ***********

also am I right in thinking that you can touch the 65k each month and spend it after you have transferred it each month.You just have to demonstrate via the 12 months statements that you have transferred the 65k as a minimum each month. Thanks

@Brandon ***********

thanks I thought so. In my case then to be safe, I should start the 65k thing in November 24 and apply in December 25, showing the 12 or 13 months statements when I apply for the extension in December 2025. I should have said I'm from the UK, sorry to confuse my Aussie brothers on here.

@Brook *******

I thought you did but couldn't find your post. Did you have to show bank statements for both accounts to cover the 12 month period between visa applications? Thanks

@Andreas ********

still I’d settle for 200k et tu ?

@Kool ******

lucky them