Please guide me to apply Tire 1 visa

[vprakashonnet]

Hi Friends,

I am prakash currently working in chennai India.Please find my details below.

Degree :B.Tech(IT)
Last 12 month Salary : 6 lakhs
Last 3 months i maintained 2.5 lakhs in my bank account.

I know my earning need to be 6.4 lakhs to become eligble for tire 1.

My question : I got 50000 from Reliance insurace by surrendring the policy. can i show fifty thousand as my earing for this year?so I will be eligble for Tier 1 visa. Please clarify my doubts.

Thanks
Prakash

[geriatrix]

My question : I got 50000 from Reliance insurace by surrendring the policy. can i show fifty thousand as my earing for this year?

Simple answer, no.


regards

[vprakashonnet]

If there is any other way to improve my earning? I need to bridge the gap of 40000.

I have mutual funds worth around eighty thousand,
shares: ten thousand.

with this it is possible to bridge this gap?

[geriatrix]

Read Tier 1 (General) policy guidance carefully. See also Points-based system Tier 1, General Migrant - visa application guide

regards

[mulderpf]

Also see: http://www.ukba.homeoffice.gov.uk/worki ... /earnings/

Refer to the section called "Earnings we include in the assessment" - the last set of points tell you what they will not consider. Things like interest, pension pay-outs, dividends, reimbursements and so on, unless part of your actual day-to-day trading, will not be included.

Basically under earnings they only want to see what you are earning from the work you are doing and not how smart you can be with money to increase your wealth.

[vprakashonnet]

Thanks friends for your valuble input.Need to improve my earnings . You people have any idea when they are going to change the rules ?

[geriatrix]

Don't expect the policy to get any lenient. It will only get tougher .. whenever it happens.


regards