Hi all, We have a SS visa which requires that we have financial capacity of $40,000 ($20 in cash or savings) to enter the country. We had hoped we would have much more however it looks like we will have to rent out our house, and like most people our money is tied up in equity.
My question is, Do we need to bring the full amount over from Uk when we move or can it be left offshore so we can access it as and when we need it ( dont really want to exchange more than we need due to awful exchange rates). Do we need to prove we have the funds on arrival in the country? Also how have other people done it? Money transfer/bank accounts/cash brought on flight? If anyone could help explaining the requirments and usual proceedures it would really help me.
Also has anyone got a rough guide to expenses in the first 3 months? I have heard that it is possible to get rent assistance and child benefit, is this true?
A lot of questions I know but not selling our house has really thrown a spanner in the works.
We have friends to stay with for the first couple of weeks but we will have to rent and do not have jobs to come to but hope we will get sorted quickly.
Any advice would be fantastic.