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ILR Cash 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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md3
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Posts: 26
Joined: Sun Mar 31, 2019 10:36 am

ILR Cash savings query

Post by md3 » Thu Mar 11, 2021 11:45 am

Upcoming ILR Spouse and one dependent son (now18 which complicates matters).

Calculating on using cash savings only. As this will require two separate applications will each application require proof of £46,500 in savings held for 6 months total £93,000, or can the same £46,500 be used for both? Or would £72,000 (spouse + child) come into the equation anywhere? :roll:

FLR application was under spouse name as son was under 18. I assume son will require his own UKVCAS account for ILR?

vinny
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Joined: Tue Sep 25, 2007 7:58 pm

Re: ILR Cash savings query

Post by vinny » Thu Mar 11, 2021 12:12 pm

Children 18 and over
You can only include older children in your application if they both:

were under 18 when they got permission to be in the UK as your dependant

still do not live an independent life - for example, they have not left home, got married or had children
If they turn 18 before you apply, they also need to:

pass the Life in the UK Test
meet the English language requirements
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.

md3
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Posts: 26
Joined: Sun Mar 31, 2019 10:36 am

Re: ILR Cash savings query

Post by md3 » Thu Mar 11, 2021 12:23 pm

Thank you Vinny. I think previously there was a "may" be able to add son to wife's application so we were exploring both options.

Given that we can add son, that would mean having £56,000 in savings? (£72,000 - £16,000)

md3
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Posts: 26
Joined: Sun Mar 31, 2019 10:36 am

ILR spouse + child/dependent over 18

Post by md3 » Thu Jul 15, 2021 2:38 pm

Application for my wife and stepson’s ILR is approaching but is not quite straight forward. Her son (now aged 19) arrived in the UK in May 2019 following a successful refused visa appeal (a process which took four years in total). He was added to his mothers FLR. He has completed A levels and continues to live at home until he can attend University as a UK student. (3 year residency rule)

According to Gov.UK:
Children 18 and over
You can only include older children in your application if they both:
• were under 18 when they got permission to be in the UK as your dependent
• still do not live an independent life - for example, they have not left home, got married or had children

However, looking at the 2018 (last updated printed) version of the application form I can see no provision to include children over 18. Do we complete Section 3 as if he is younger and add a note to that effect (Section 3.9 Further information) or is there a supplementary form/section to complete?
Confusingly it says “Children aged 18 or over must apply separately”

And/or should we complete
Section 2C “YOUR RELATIONSHIP WITH YOUR CHILD - Complete if you are applying as a parent of a child who is present and settled in the UK”

2.32 What is your child’s current immigration status in the UK?
British Citizen in the UK
Settled in the UK
Other - please specify "Entered UK age 16 attached to mother’s FLR"

md3
Newly Registered
Posts: 26
Joined: Sun Mar 31, 2019 10:36 am

ILR Cash savings

Post by md3 » Tue Jul 20, 2021 9:06 am

1. Does anyone know if Premium Bonds are acceptable as part of cash savings? (As an Investment Account?)

2. Am I correct in understanding that investment accounts which produce only annual statements (prior to the preceding 6 months) are not acceptable?

These are the requirements that must be met:
the bank/savings account is a current, deposit or investment account
• the account is held is a financial institution regulated by the appropriate
regulatory body for the country in which that institution is operating
• the financial institution is not on the list of excluded institutions under the
Immigration Rules
• regular bank statements are provided
the statements cover the necessary time period required in the Immigration
Rules

• the savings are held in cash (or their cash value is clear)
• the savings can be immediately withdrawn (with or without penalty)
• the funds are under the control of the person and/or their partner for the
necessary time period required in the Immigration Rules
• the source of the funds is legal
• the source of the funds has been declared

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