For information about State sponsorship, please refer to the Small Business Development Corporation of Western Australia website.
In accordance with Department of Home Affairs’ guidelines, State Bonds as a designated investment are non-transferable and non-redeemable prior to maturity. However, after receiving written confirmation from Department of Home Affairs, Western Australian Treasury Corporation (WATC) will repurchase your designated investment should your personal circumstances change resulting in either the issue of a different visa for which a designated investment is not required or revocation of your existing visa.
For more information about this process, please refer to the frequently asked questions provided below.
WATC does not charge transaction or management fees for a designated investment. Your bank and/or its intermediary bank may, on the other hand, charge you a fee for transferring your investment funds to WATC’s bank account. Payment of this fee is your responsibility. Please ensure the amount of the fee is not deducted from the money you are using to purchase your designated investment.