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cash saving

 
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jay191
Newbie


Joined: 03 Sep 2012
Posts: 5

PostPosted: Fri Sep 07, 2012 1:08 pm    Post subject: cash saving Reply with quote

im earning £9000 at the moment, thus i shoud have saving of £40,000
(£18600-£9000(x2.5)+£1600)

but i have saving of around £20,000

my cousin offered with out me asking to lead my £20,000 for the 6 months

is thaat ok and would they ask and would i have to prove that its mine,
it will be in my account for 6 months as they want so would that be fine
would i come a cross any problems
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harv
Sage


Joined: 22 Dec 2010
Posts: 551
Location: London

PostPosted: Fri Sep 07, 2012 1:14 pm    Post subject: Reply with quote

As long as you have savings in your account for the past 6 months prior to your application, you should be fine.

Ofcourse when the time comes for VISA renewal for the 2.5 remaining years, you would need to meet the income requirements again.
_________________
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Greenie
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Joined: 21 Aug 2008
Posts: 6958

PostPosted: Fri Sep 07, 2012 1:14 pm    Post subject: Reply with quote

It can be a gift, but it can't be money loaned to you
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jay191
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Joined: 03 Sep 2012
Posts: 5

PostPosted: Fri Sep 07, 2012 2:15 pm    Post subject: Reply with quote

Greenie wrote:
It can be a gift, but it can't be money loaned to you


but how can you prove that ?
and say if i send the money back once my partner arrives in the uk
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Greenie
Guru


Joined: 21 Aug 2008
Posts: 6958

PostPosted: Sat Sep 08, 2012 12:30 pm    Post subject: Reply with quote

You need to declare the funds are yours and under your control, if the funds are not yours and just being loaned to you to circumvent the rules then you'll be practicing deception in order to get the visa which if found out will result in the refusal of the application. A gift of cash savings needs to be declared. See
http://www.ukba.homeoffice.gov.uk/policyandlaw/immigrationlaw/immigrationrules/appendix-fmse/

i would imagine that they might question how a person with a low income of £9000 manages to have savings of £40k
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