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jay191
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Posts: 5
Joined: Mon Sep 03, 2012 7:58 am

cash saving

Post by jay191 » Fri Sep 07, 2012 2:08 pm

im earning £9000 at the moment, thus i shoud have saving of £40,000
(£18600-£9000(x2.5)+£1600)

but i have saving of around £20,000

my cousin offered with out me asking to lead my £20,000 for the 6 months

is thaat ok and would they ask and would i have to prove that its mine,
it will be in my account for 6 months as they want so would that be fine
would i come a cross any problems

harv
Senior Member
Posts: 576
Joined: Wed Dec 22, 2010 11:51 am
Location: London
United Kingdom

Post by harv » Fri Sep 07, 2012 2:14 pm

As long as you have savings in your account for the past 6 months prior to your application, you should be fine.

Ofcourse when the time comes for VISA renewal for the 2.5 remaining years, you would need to meet the income requirements again.
Feb 2012 - Spouse Visa - New Delhi
Mar 2012 - Documents collected - VISA Granted
March 2014 - ILR Granted
Apr 2015 - Applied for Naturalisation
Nov 2015 - Naturalised

Greenie
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Posts: 7374
Joined: Thu Aug 21, 2008 9:45 pm
United Kingdom

Post by Greenie » Fri Sep 07, 2012 2:14 pm

It can be a gift, but it can't be money loaned to you

jay191
Newly Registered
Posts: 5
Joined: Mon Sep 03, 2012 7:58 am

Post by jay191 » Fri Sep 07, 2012 3:15 pm

Greenie wrote:It can be a gift, but it can't be money loaned to you
but how can you prove that ?
and say if i send the money back once my partner arrives in the uk

Greenie
Respected Guru
Posts: 7374
Joined: Thu Aug 21, 2008 9:45 pm
United Kingdom

Post by Greenie » Sat Sep 08, 2012 1:30 pm

You need to declare the funds are yours and under your control, if the funds are not yours and just being loaned to you to circumvent the rules then you'll be practicing deception in order to get the visa which if found out will result in the refusal of the application. A gift of cash savings needs to be declared. See
http://www.ukba.homeoffice.gov.uk/polic ... ndix-fmse/

i would imagine that they might question how a person with a low income of £9000 manages to have savings of £40k

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