Can I use cash savings for my UK Spouse Visa application?
Applying for a UK Spouse Visa can be a complex process, especially when it comes to meeting the financial requirements. One way to fulfil these requirements is through cash savings. This article will guide you through the process in clear, simple terms.
Understanding the Financial Requirement for Spouse Visa UK Application
The UK government requires visa applicants to demonstrate that they have sufficient funds to support themselves without needing public assistance. This is to ensure that you and your spouse can live in the UK without financial difficulty. Get in touch now for further information.
Cash Savings Requirement
To meet the financial requirement using cash savings, you need to have a certain amount saved over a specific period. The current minimum amount required is £88,500. This amount must be held in your or your partner’s name for at least six months before applying for the visa.
Eligibility Criteria for Cash Savings for a UK spouse visa application
- Amount: You need to have a minimum of £88,500 in savings.
- Duration: These savings must have been held for at least six months before the application.
- Source of Funds: The savings can come from any legal source, but you must provide evidence of the source if the funds were obtained within the last six months.
- Accessibility: The funds must be readily accessible in a cash account. This means they should not be tied up in investments or property.
Documents Required
When applying for a UK spouse visa using cash savings, you need to provide several documents to prove the savings:
- Bank Statements: Provide statements from the last six months showing the funds have been held continuously.
- Bank Letter: A letter from your bank confirming the funds have been in your account for at least six months and are immediately accessible.
- Source of Funds: If the funds were obtained within the last six months, provide evidence of where they came from (e.g., sale of property, inheritance, etc.).
Combining Income and Savings
If your income is below the threshold, you can combine it with cash savings to meet the requirement. You can include income from employment, self-employment, or other sources such as rental income. The important thing is that the total amount meets or exceeds the financial requirement.
How much of my current savings can count towards my UK spouse visa application?
If you want to work out the exact amount of your savings you can rely upon in an entry application or extension application, you have to go through the following steps:
- First, calculate the lowest balance you have held in the 6 months to the date of the application
- Take away £16,000 from that amount
- Divide the remaining amount by 2.5
Common Pitfalls to Avoid:
- Insufficient Funds: Ensure you have the correct amount saved for the required period.
- Incorrect Documentation: Double-check that all bank statements and letters meet the UKVI’s requirements.
- Source of Funds: Be prepared to provide clear evidence of where the savings came from if they were obtained recently.
Conclusion
Meeting the financial requirement for a Spouse Visa UK through cash savings is a viable option if you have the necessary funds. By understanding the eligibility criteria, preparing the right documents, and avoiding common pitfalls, you can improve your chances of a successful application. Always consider seeking professional advice to help you through this process.
By following this guide, you can confidently approach your UK spouse visa application and look forward to starting your life in the UK with your partner. Click here for a callback from our qualified Solicitors.
FAQs
Can my wife cancel my spouse’s visa?
No, your wife, husband, or partner doesn’t have the authority to cancel your Spouse’s Visa, only the Home Office gets to decide when a credible reason comes about.
How much is a UK spouse visa?
As of 2024, a spouse visa applied from inside the UK costs £1,048 and £1,846 when applying from outside the UK. However, they are subject to change each year.
How to apply for a spouse visa from the UK?
To apply for a UK Spouse Visa, you must be married to or in a civil partnership with a British citizen, UK-settled person or UK refugee. The process includes providing proof of a genuine relationship and specific financial conditions. If you are already in the UK on a fiancé visa, work visa, or student visa valid for more than six months, you may be able to switch to a spouse visa as well.
How long does it take to process a UK Spouse Visa?
A spouse visa application usually takes about 2 – 12 weeks from the date of application. However, it can vary depending on the country you’re applying from.
Can I work in the UK on a Spouse Visa?
Yes, you can work in the UK if you hold a Spouse Visa without needing a separate work permit or sponsorship from an employer.
What documents are needed for a UK Spouse Visa application?
A UK Spouse Visa application requires the following:
1) Application Form,
2) Current Passport,
3) Biometric Residence Permit (BRP),
4) Marriage Certificate,
5) Evidence of Relationship,
6) Financial Requirement,
7) Accommodation,
8) English Language Proficiency, and
9) TB Test Results
Can I extend my UK Spouse Visa?
Yes, you can extend your UK Spouse Visa, if you continue to meet the eligibility criteria and fulfil the requirements set by the Home Office.
