Hi there,
I have a question of the financial requirements for FLR-M
Background:
My wife has already been in the UK for around 2.5 years and her leave to remain visa extension is due in September of this year.
I have my own small consultancy firm which I started in 2015, and until April 16 2017, my wife was also an employee and shareholder of the company (although she was never a director of the company). From April 2016, she resigned my company and joined a larger firm full-time where she is earning a significantly larger sum of money. Unfortunately, as of September 2017, she will still not have completed 6 months at her new firm. I am still employed by, and a director of the firm.
We are trying to determine under what category of the Financial Requirements we should apply, and whether we will not fall afoul of the rather stringent rules. To be clear, our total combined income for FY 2016-2017, if we include dividend payments comfortably clears the financial requirements for the last company financial year by a healthy margin. Thus, we believe we should apply using either Category F (or G?) as the main category, along with Category B as the sub-category. However, given the rules regarding using Categories F or G, it is unclear whether
a) the fact she has changed jobs in the last 4 months, i.e., she is no longer employed at my consulting firm company, although, technically, she was still employed at the time of the close of the last financial year (5th April 2017)
and/or b) the fact her total income at her new position at present falls below the £18,600 threshold
negates the possibility of us applying under Categories F/G combined with Category B?
I would be grateful if anyone could shed light on the above.
Many thanks & have a great weekend ahead!
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