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Financial Requirement with savings?

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

Moderators: Casa, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, archigabe

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Ligitaz
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Posts: 3
Joined: Mon Jul 23, 2018 10:45 pm
Mexico

Financial Requirement with savings?

Post by Ligitaz » Tue Jul 24, 2018 9:16 am

Hi all,

I'm preparing everything to apply for my ILR next year and I want to apply through savings but we have read the rules Set M Guidance Notes and the Appendix FM 1.7 and we are still not very clear what is the minimum amount we must have in our bank account. Our understanding is that we must have £34600 (£18,600 + £16000) as a minimum level of savings to be able to rely on without any other income.

Is this correct?

Any advice will be greatly appreciated!

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Casa
Moderator
Posts: 25685
Joined: Wed Jul 23, 2008 2:32 pm

Re: Financial Requirement with savings?

Post by Casa » Tue Jul 24, 2018 12:15 pm

Ligitaz wrote:
Tue Jul 24, 2018 9:16 am
Hi all,

I'm preparing everything to apply for my ILR next year and I want to apply through savings but we have read the rules Set M Guidance Notes and the Appendix FM 1.7 and we are still not very clear what is the minimum amount we must have in our bank account. Our understanding is that we must have £34600 (£18,600 + £16000) as a minimum level of savings to be able to rely on without any other income.

Is this correct?

Any advice will be greatly appreciated!
Correct
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

Ligitaz
Newly Registered
Posts: 3
Joined: Mon Jul 23, 2018 10:45 pm
Mexico

Re: Financial Requirement with savings?

Post by Ligitaz » Thu Jul 26, 2018 11:33 am

Great! thank you very much casa .

Ligitaz
Newly Registered
Posts: 3
Joined: Mon Jul 23, 2018 10:45 pm
Mexico

Re: Financial Requirement with savings?

Post by Ligitaz » Thu Jul 26, 2018 11:36 am

Casa wrote:
Tue Jul 24, 2018 12:15 pm
Ligitaz wrote:
Tue Jul 24, 2018 9:16 am
Hi all,

I'm preparing everything to apply for my ILR next year and I want to apply through savings but we have read the rules Set M Guidance Notes and the Appendix FM 1.7 and we are still not very clear what is the minimum amount we must have in our bank account. Our understanding is that we must have £34600 (£18,600 + £16000) as a minimum level of savings to be able to rely on without any other income.

Is this correct?

Any advice will be greatly appreciated!
Correct
Fab, thank you very much!

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