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Affidavit Of Financial Support for Singapore

Affidavit Of Financial Support Template for Singapore

An Affidavit of Financial Support is a legally binding document under Singapore law where an individual formally declares their commitment and ability to provide financial support to another person. This document is commonly used for immigration purposes, student visa applications, and family support declarations. It must be sworn before a Commissioner for Oaths and comply with Singapore's Oaths and Declarations Act, Immigration Act, and related regulations.

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What is a Affidavit Of Financial Support?

The Affidavit of Financial Support is a crucial document in Singapore's legal framework, particularly for immigration and family support matters. It serves as a formal declaration where the deponent commits to providing financial support to a specified beneficiary. This document is commonly required by the Immigration & Checkpoints Authority (ICA) for dependent's pass applications, student visa applications, and other immigration matters. The affidavit must include detailed information about the sponsor's financial capacity, employment, income, and specific support commitments. It requires proper execution before a Commissioner for Oaths and must comply with Singapore's strict legal requirements for sworn statements.

What sections should be included in a Affidavit Of Financial Support?

1. Declaration Header: Formal opening stating this is an affidavit, including deponent's details

2. Personal Information: Deponent's full details including citizenship, occupation, and address

3. Beneficiary Information: Details of person(s) being supported

4. Financial Capability Statement: Declaration of income, assets, and ability to provide support

5. Support Commitment: Specific details of financial support to be provided

6. Verification Statement: Declaration of truth and accuracy

What sections are optional to include in a Affidavit Of Financial Support?

1. Employment Details: Detailed employment information when required for immigration purposes

2. Additional Assets Declaration: Detailed list of assets when required for high-value support commitments

3. Third-Party Guarantor: Details of additional guarantor when required by authorities

What schedules should be included in a Affidavit Of Financial Support?

1. Income Proof: Recent salary statements, tax returns, or employment letter

2. Bank Statements: Recent bank statements showing financial capacity

3. Asset Documentation: Property ownership documents, investment statements if applicable

4. Identification Documents: Copies of passport, NRIC, or other official ID

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions

























Clauses




















Industries

Oaths and Declarations Act (Chapter 211): Primary legislation governing the making of sworn statements, legal formalities for affidavits, and authority of Commissioner for Oaths in Singapore

Immigration Act (Chapter 133): Legislation covering financial requirements for dependent's passes, Immigration & Checkpoints Authority (ICA) regulations, and proof of financial capability requirements

Women's Charter (Chapter 353): Law governing maintenance obligations and financial support requirements for family members in Singapore

Destitute Persons Act (Chapter 78): Legislation defining obligations regarding financial support and definition of financial capacity for supporting destitute persons

Evidence Act (Chapter 97): Law specifying requirements for documentary evidence, admissibility of financial statements, and sworn statement requirements

MAS Guidelines: Monetary Authority of Singapore guidelines covering financial documentation requirements, currency regulations, and banking information requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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