Post
by krishnakumarg » Thu Sep 17, 2020 2:57 am
My personal advice is that you really don't want to be cutting things too close, since unexpected life events can happen for anyone and circumstances can be outside your control.
For example, if you have to be away from the UK in that month due to illness or bereavement of an elderly family member, or for unavoidable business-related travel, then this is a recipe for unnecessary stress by shaving it too close (i.e. days, rather than weeks or months cushion/buffer). For instance, nobody expected a pandemic, and my friends who travelled from US to India for vacation/visa renewal got stuck there and are still separated from their families in the US due to being unable to have visa stamps affixed on their passports. This is due to a) lack of US Visa appointments in India (which are closed) and b) the US President's executive order banning H1B visas. Basically, circumstances can change in a jiffy.
Since you are applying before the IHS fee increase due in October 2020, perhaps the extra £400 for 1 additional year is worth considering the comfortable buffer it provides you. Otherwise, if you get caught out due to the then prevailing circumstances, you may have to renew the GTV from outside the UK for 1 year with a higher UHS fee (since ILR cannot be applied from outside the UK). This requires specific evidence that you have earned money in the UK linked to your expert field that led to the initial endorsement, during your last grant of GTV. Examples of such evidence is a letter from an employer and/or your contract of employment, which might not be easy to procure when you are stuck outside the UK.
Obviously, I can't speak for your personal financial situation, but it is worth considering such situations. I know the GTV is not attached to employers, but some employers are generous to provide at least a partial reimbursement. Personally, I can't claim from my university, but I opted for the extra year buffer.