ASSURANCES OF SUPPORT – BIG CHANGES TO AOS Bond payments AND also the LEVEL OF INCOMES required for assurers
Changes to the required level of income for assurers started on 12 April 2018
Assurances of support (Bond) will increase by approximately 50% from 1 April 2019.
Income requirements have also been updated to ensure that an assurer has the capacity to provide the level of financial support required by a visa or CSP entrant
The legislative instrument can be found at: