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Cash savings in joint account for ilr

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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Mfamily
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Pakistan

Cash savings in joint account for ilr

Post by Mfamily » Thu May 09, 2024 11:44 am

Hi,
I wanted to ask few questions regarding my application

1:how much cash savings do i need to apply if I'm relying only on cash savings for ilr after 5 years?

2: Can i use joint account(myself and wife's) for cash savings?

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zimba
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Re: Cash savings in joint account for ilr

Post by zimba » Thu May 09, 2024 1:10 pm

1. The requirement is that the cash saving must be above (min salary threshold + £16000) for ILR so £18600 + £16000 = £34,600 minimum

2. Yes

Guide: https://assets.publishing.service.gov.u ... rement.pdf
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

Mfamily
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Posts: 102
Joined: Fri May 03, 2019 2:45 am
Pakistan

Re: Cash savings in joint account for ilr

Post by Mfamily » Sun Jul 07, 2024 1:21 pm

Hi I wanted to ask I'm on spouse visa and I used 62500 cash savings for my first time visa in 2020 and for extension aswel now I'm about to apply for indefinite after five years. The question is that how much cash savings do I need to show them 62500 or 3400??
thank you

vinny
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Re: Cash savings in joint account for ilr

Post by vinny » Sun Jul 07, 2024 3:27 pm

zimba wrote:
Thu May 09, 2024 1:10 pm
1. The requirement is that the cash saving must be above (min salary threshold + £16000) for ILR so £18600 + £16000 = £34,600 minimum
is correct, assuming no extra for children.
This is not intended to be legal or professional advice in any jurisdiction. Please click on any given links for further information. Refer to the source of any quotes.
We do not inherit the Earth from our ancestors, we borrow it from our children.

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zimba
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Re: Cash savings in joint account for ilr

Post by zimba » Sun Jul 07, 2024 5:03 pm

Mfamily wrote:
Sun Jul 07, 2024 1:21 pm
Hi I wanted to ask I'm on spouse visa and I used 62500 cash savings for my first time visa in 2020 and for extension aswel now I'm about to apply for indefinite after five years. The question is that how much cash savings do I need to show them 62500 or 3400??
thank you
Extension and ILR do NOT have the same thresholds for cash savings. Follow the advice given above
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

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