Savings Requirement and Costs

Dear all,

Many thanks for everyone on this forum - the information here hugely helped to be successful in visitors visas in the past.

My situation is that my partner plans to apply for a fiancee visa as soon as we are eligible. I am doing a Master's degree this year so will need to rely on savings. Since August 31st I have had above the £62,500 requirement after receiving a gift, and it has remained very close to that minimum (about £500ish above) since then (plus a few hundred in savings interest, my partner's savings, and a premium bond win but not sure if that counts). However, I am relying on weekly gifts and received a gift before my uni fee cost to keep above the requirement.

I know the requirement is that I have received the gift 6 months in advance of the application to reach the £62,500, but am wondering if the gifts during the 6 months to keep me above the requirement are counted or if they even matter if I have stayed above the limit? I am also concerned that the savings are in multiple accounts and change around a bit, although have just stayed above the limit day-by-day) - must they stay in 1 account?

Would hugely appreciate any advice. Thanks.

HC809 wrote: ↑

Sat Nov 02, 2019 9:41 pm

must they stay in 1 account?

There is no requirement for them to be in one account. The cash savings you are using to meet the requirement must be held for at least 6 months, whatever you do above that amount shouldn't be considered. However, if you're using continuous gifts to top up the account above the minimum balance because it has gone below the requirement, you might have issues.

You also have to declare the source of these funds.