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minimum balance for ILR ?

Posted: Thu Mar 24, 2011 8:56 pm
by apply4hsmp
Is there a minimum balance required in the account for applying for ILR ?

Posted: Fri Mar 25, 2011 9:47 am
by saayinla
Not that am aware of and the Draft Guidance note says nothing about this either.

Re: minimum balance for ILR ?

Posted: Fri Mar 25, 2011 9:48 am
by psdesai
apply4hsmp wrote:Is there a minimum balance required in the account for applying for ILR ?
this is a good question. Any more takers

Posted: Fri Mar 25, 2011 9:53 am
by rajivilr
Earlier there was nothing of that sort, but now with these rule changes they could ask you for anything.

Posted: Wed Apr 13, 2011 11:36 pm
by apply4hsmp
any updates on minimum balance acc to new rules ?

Posted: Thu Apr 14, 2011 1:33 pm
by jami
there is specific amount , however as per law one should be able to support/maintain himself/dependents-
if there is regular source of income than it is no issue other wise as an abundant precaution 800 GBP for main applicant and 533 GBP per dependent should be sufficient apart from Home Office fees

Posted: Thu Apr 14, 2011 1:53 pm
by Pierrot95
jami wrote:there is specific amount , however as per law one should be able to support/maintain himself/dependents-
if there is regular source of income than it is no issue other wise as an abundant precaution 800 GBP per head should be sufficient apart from Home Office fees
No minimum balance required. FULL STOP.
Please don't give suggestions to HO. They might as well ask us to own a house (without a mortgage), a car, health insurance and so on ... :D :D :D

Re: minimum balance for ILR ?

Posted: Thu Apr 14, 2011 7:49 pm
by SNG
apply4hsmp wrote:Is there a minimum balance required in the account for applying for ILR ?
In my opinion there is no minimum balance specified anywhere, but refer to Section 5
YOUR HOME AND FINANCES
if Rent(mortgage)+ Dependant expenses(550 -as per visa requirements) are not more than your salary after tax, i think its fine. If Dependant working you can mention it to show good earnings in the family(but you have to show statements/payslips of spouse)
this is my math. but wait for Seniors' suggestions.

Posted: Thu Apr 14, 2011 8:23 pm
by Pierrot95
Please calm down, the time will come when we will have to worry about that.

'Charge every would-be migrant £30k to settle in Britain', says Nobel Prize-winning economist

Posted: Thu Apr 14, 2011 11:11 pm
by [iD]
Pierrot95 wrote:Please calm down, the time will come when we will have to worry about that.

'Charge every would-be migrant £30k to settle in Britain', says Nobel Prize-winning economist
Well, finally they started to accept that they take us as cash cows. Mr Nobel price winner might be good at number crunching but seriously lacks ethics!