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Cash savings in joint account for ilr
Posted: Thu May 09, 2024 11:44 am
by Mfamily
Hi,
I wanted to ask few questions regarding my application
1:how much cash savings do i need to apply if I'm relying only on cash savings for ilr after 5 years?
2: Can i use joint account(myself and wife's) for cash savings?
Re: Cash savings in joint account for ilr
Posted: Thu May 09, 2024 1:10 pm
by zimba
1. The requirement is that the cash saving must be above (min salary threshold + £16000) for ILR so £18600 + £16000 = £34,600 minimum
2. Yes
Guide:
https://assets.publishing.service.gov.u ... rement.pdf
Re: Cash savings in joint account for ilr
Posted: Sun Jul 07, 2024 1:21 pm
by Mfamily
Hi I wanted to ask I'm on spouse visa and I used 62500 cash savings for my first time visa in 2020 and for extension aswel now I'm about to apply for indefinite after five years. The question is that how much cash savings do I need to show them 62500 or 3400??
thank you
Re: Cash savings in joint account for ilr
Posted: Sun Jul 07, 2024 3:27 pm
by vinny
zimba wrote: ↑Thu May 09, 2024 1:10 pm
1. The requirement is that the cash saving must be above (min salary threshold + £16000) for ILR so £18600 + £16000 = £34,600 minimum
is
correct, assuming no extra for children.
Re: Cash savings in joint account for ilr
Posted: Sun Jul 07, 2024 5:03 pm
by zimba
Mfamily wrote: ↑Sun Jul 07, 2024 1:21 pm
Hi I wanted to ask I'm on spouse visa and I used 62500 cash savings for my first time visa in 2020 and for extension aswel now I'm about to apply for indefinite after five years. The question is that how much cash savings do I need to show them 62500 or 3400??
thank you
Extension and ILR do NOT have the same thresholds for cash savings. Follow the advice given above