Get 1139a - Statement Of Assets And Liabilities Position. 1139a - Statement Of Assets And Liabilities

Filling out the 1139A - Statement Of Assets And Liabilities Position is an essential step for applicants seeking the Business Innovation and Investment (Provisional) subclass 188 visa. This guide will provide you with clear and supportive instructions on how to complete the form thoroughly and accurately.

Follow the steps to complete the 1139A form effectively:

1. Click the ‘Get Form’ button to obtain the 1139A form and open it in your preferred editor.
2. In columns 1 and 2, list the type of assets you own along with their details. For cash on deposit, provide each bank's name and their address, including account numbers. For properties, write the address and indicate if they are tenanted or untenanted.
3. In column 3, indicate the value of each asset in the relevant currency. At the bottom of this column, include both the total value in the relevant currency and the Australian dollar equivalent of your eligible and personal assets.
4. Column 4 requires stating any liabilities against each asset. For properties, for instance, indicate the mortgage amount or other loans. Include total liabilities at the bottom of this column, again in both relevant currency and Australian dollars.
5. Calculate the net asset value in column 5 by subtracting the liabilities in column 4 from the asset values in column 3. Provide totals for both eligible and personal assets at the bottom in both relevant currency and Australian dollars.
6. In column 6, reference the page numbers of documentation that supports your claims about asset ownership, values, and liabilities. Include acceptable evidence such as bank statements or property deeds as outlined in the form's instructions.
7. Finally, review all entered information for accuracy, ensuring each detail reflects your current situation. Save your form, and if needed, download, print, or share it as required.

Complete your 1139A form online to ensure a smooth application process for your visa.