For the significant investor visa there is a requirement that all funds used to make the investment must be lawfully acquired and not encumbered. You should expect to provide documentary evidence, including bank statements, showing the dates, the amount, the names of the original fund depositor, the beneficiary and the financial institutions involved in the funds transfer. Do note you must also provide evidence of having using the nominated assets evidenced in the visa application to make your investment. This may include evidence of sale of assets, transfer of funds or other documentation. This evidence needs to clearly show the steps from liquidation of each asset to investment of the funds in a complying significant investment. There are transfer mechanisms that have been used and previously accepted for transfers. These options are different by country. Which bank to use is largely a personal preference. You can open a bank account for making deposits while overseas but will need to visit the bank in person with identification before you can perform other transactions. AFR has previously published a guide for banking with $1 million or more.
