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Savings Requirement and Costs

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Marriage | Unmarried Partners | Fiancé | Ancestry

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HC809
Newly Registered
Posts: 1
Joined: Sat Nov 02, 2019 9:13 pm
United Kingdom

Savings Requirement and Costs

Post by HC809 » Sat Nov 02, 2019 9:41 pm

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.

geoeng
Senior Member
Posts: 953
Joined: Fri Aug 30, 2019 12:54 pm
Canada

Re: Savings Requirement and Costs

Post by geoeng » Sun Nov 03, 2019 7:00 am

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.
I'm just a guy on the Internet who immigrated to the UK. My opinions are based on my experience and interpretation of the immigration rules and should not be considered legal or immigration advice; your mileage may vary.

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seagul
Diamond Member
Posts: 10201
Joined: Thu Nov 12, 2015 11:23 am
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United Kingdom

Re: Savings Requirement and Costs

Post by seagul » Sun Nov 03, 2019 11:59 am

You also have to declare the source of these funds.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

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