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Affidavit Of Financial Support

Affidavit Of Financial Support Template for Malaysia

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Key Requirements PROMPT example:

Affidavit Of Financial Support

"I need an Affidavit of Financial Support for my nephew who will be studying at a Malaysian university starting March 2025, where I'll commit to covering his tuition fees of RM45,000 per year and monthly living expenses of RM3,000 throughout his 4-year degree program."

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Document background
The Affidavit of Financial Support is a crucial document in Malaysian legal practice, particularly in immigration and education contexts. It serves as a formal declaration where one party commits to providing financial support to another, typically for purposes such as education, family maintenance, or immigration requirements. The document must be executed in accordance with Malaysian law, specifically the Statutory Declarations Act 1960 and related regulations. It requires detailed financial information, proof of income and assets, and must be sworn before a Commissioner for Oaths. Common uses include supporting student visa applications, family immigration cases, and demonstrating financial capability for dependent care. The affidavit typically needs to be accompanied by supporting documentation such as bank statements, employment verification, and proof of assets.
Suggested Sections

1. Title and Heading: Formal title 'Affidavit of Financial Support' with court jurisdiction details if applicable

2. Deponent Information: Full legal name, identification details, occupation, and address of the person providing financial support

3. Beneficiary Information: Full details of the person(s) receiving financial support, including their relationship to the deponent

4. Purpose Declaration: Clear statement of the purpose for which the financial support is being provided

5. Financial Commitment: Specific details of the financial support being offered, including amount and duration

6. Financial Capability Statement: Declaration of the deponent's financial ability to provide the promised support

7. Obligations and Responsibilities: Detailed description of what the support will cover (e.g., living expenses, education, healthcare)

8. Declaration of Truth: Formal statement affirming that all information provided is true and correct

9. Execution Block: Space for signature, date, and Commissioner for Oaths verification

Optional Sections

1. Immigration Status: Required when the affidavit is for immigration purposes, including visa applications or extensions

2. Educational Support: Specific details about educational expenses coverage, required for student visa applications

3. Emergency Contact Information: Alternative contact details, recommended for long-term support arrangements

4. Term of Support: Specific duration of support, required when the support is not indefinite

5. Additional Beneficiaries: Details of other family members covered by the support, if applicable

6. Special Conditions: Any specific conditions or limitations on the financial support provided

Suggested Schedules

1. Schedule A - Proof of Income: Recent salary statements, employment contract, or business ownership documents

2. Schedule B - Bank Statements: Last 3-6 months of bank statements showing financial capability

3. Schedule C - Asset Documentation: Proof of property ownership, investments, or other significant assets

4. Schedule D - Identification Documents: Copies of deponent's identification documents and relevant certificates

5. Schedule E - Relationship Evidence: Documents proving relationship between deponent and beneficiary (if applicable)

6. Schedule F - Immigration Documents: Relevant visa applications or immigration documents (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




















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Relevant Industries

Education

Immigration Services

Legal Services

Financial Services

Healthcare

International Business

Government and Public Sector

Non-Profit Organizations

Professional Services

Travel and Tourism

Relevant Teams

Legal

Human Resources

Immigration

Compliance

International Relations

Student Services

Document Control

Administrative Services

Global Mobility

Risk Management

Relevant Roles

Immigration Officer

Legal Counsel

Human Resources Manager

International Student Advisor

Compliance Officer

Visa Coordinator

Legal Administrator

Embassy Official

University Admissions Officer

Financial Advisor

Corporate Immigration Specialist

Document Control Specialist

Industries







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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