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Cash savings requirement for ILR
Posted: Mon Jul 16, 2018 4:20 pm
by ScoobyLondon
Its still some way off but my wife's visa expires Sept 2019, which will make it 5 years.
On the previous application, FLR(M), I showed savings of £62,500, and it was fairly straightforward at the premium centre.
On next years SET(M) application, what are the cash savings requirements?
Lastly, as I'm born British, will my wife need to wait 1 year before applying for Citizenship or can we apply immediately following a successful ILR?
thanks
Re: Cash savings requirement for ILR
Posted: Mon Jul 16, 2018 5:05 pm
by Casa
ScoobyLondon wrote: ↑Mon Jul 16, 2018 4:20 pm
Its still some way off but my wife's visa expires Sept 2019, which will make it 5 years.
On the previous application, FLR(M), I showed savings of £62,500, and it was fairly straightforward at the premium centre.
On next years SET(M) application, what are the cash savings requirements?
The same.
Lastly, as I'm born British, will my wife need to wait 1 year before applying for Citizenship or can we apply immediately following a successful ILR?
Immediately.
thanks
Re: Cash savings requirement for ILR
Posted: Tue Jul 17, 2018 9:44 am
by ScoobyLondon
I just saw another posting from a few months ago that suggested the ILR savings requirement is £34,600, or have I misunderstood it and it remains at £62,500?
On next years SET(M) application, what are the cash savings requirements? The same.
thanks again
Re: Cash savings requirement for ILR
Posted: Tue Jul 17, 2018 1:08 pm
by Casa
ScoobyLondon wrote: ↑Tue Jul 17, 2018 9:44 am
I just saw another posting from a few months ago that suggested the ILR savings requirement is £34,600, or have I misunderstood it and it remains at £62,500?
On next years SET(M) application, what are the cash savings requirements?
The same.
thanks again
The same at each stage - £62.500
Re: Cash savings requirement for ILR
Posted: Tue Jul 17, 2018 4:43 pm
by equitydealer
Hi Casa
The table in 7.2.4 shows that £34,600 would be the level at which cash savings would suffice? Happy to be corrected.
£34,600 - £16,000 = £18,600
Re: Cash savings requirement for ILR
Posted: Tue Jul 17, 2018 7:08 pm
by Casa
equitydealer wrote: ↑Tue Jul 17, 2018 4:43 pm
Hi Casa
The table in 7.2.4 shows that £34,600 would be the level at which cash savings would suffice? Happy to be corrected.
£34,600 - £16,000 = £18,600
Thanks for the correction. I believe you're right due to the previous requirement of £62,500 having to cover a 2.5 year period.