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Cash savings requirement for ILR

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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ScoobyLondon
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Posts: 48
Joined: Mon Jul 16, 2018 4:14 pm
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Cash savings requirement for ILR

Post by ScoobyLondon » Mon Jul 16, 2018 4:20 pm

Its still some way off but my wife's visa expires Sept 2019, which will make it 5 years.

On the previous application, FLR(M), I showed savings of £62,500, and it was fairly straightforward at the premium centre.

On next years SET(M) application, what are the cash savings requirements?

Lastly, as I'm born British, will my wife need to wait 1 year before applying for Citizenship or can we apply immediately following a successful ILR?

thanks

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Casa
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Joined: Wed Jul 23, 2008 3:32 pm
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Re: Cash savings requirement for ILR

Post by Casa » Mon Jul 16, 2018 5:05 pm

ScoobyLondon wrote:
Mon Jul 16, 2018 4:20 pm
Its still some way off but my wife's visa expires Sept 2019, which will make it 5 years.

On the previous application, FLR(M), I showed savings of £62,500, and it was fairly straightforward at the premium centre.

On next years SET(M) application, what are the cash savings requirements? The same.

Lastly, as I'm born British, will my wife need to wait 1 year before applying for Citizenship or can we apply immediately following a successful ILR? Immediately.

thanks
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

ScoobyLondon
Newbie
Posts: 48
Joined: Mon Jul 16, 2018 4:14 pm
United Kingdom

Re: Cash savings requirement for ILR

Post by ScoobyLondon » Tue Jul 17, 2018 9:44 am

I just saw another posting from a few months ago that suggested the ILR savings requirement is £34,600, or have I misunderstood it and it remains at £62,500?


On next years SET(M) application, what are the cash savings requirements? The same.

thanks again

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Casa
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Posts: 25786
Joined: Wed Jul 23, 2008 3:32 pm
United Kingdom

Re: Cash savings requirement for ILR

Post by Casa » Tue Jul 17, 2018 1:08 pm

ScoobyLondon wrote:
Tue Jul 17, 2018 9:44 am
I just saw another posting from a few months ago that suggested the ILR savings requirement is £34,600, or have I misunderstood it and it remains at £62,500?


On next years SET(M) application, what are the cash savings requirements? The same.

thanks again
The same at each stage - £62.500
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

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equitydealer
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Joined: Sun Dec 02, 2012 6:22 am
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Re: Cash savings requirement for ILR

Post by equitydealer » Tue Jul 17, 2018 4:43 pm

Hi Casa

The table in 7.2.4 shows that £34,600 would be the level at which cash savings would suffice? Happy to be corrected.

£34,600 - £16,000 = £18,600
My comments do not constitute immigration advice, if in doubt consult an immigration adviser/solicitor

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Casa
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Joined: Wed Jul 23, 2008 3:32 pm
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Re: Cash savings requirement for ILR

Post by Casa » Tue Jul 17, 2018 7:08 pm

equitydealer wrote:
Tue Jul 17, 2018 4:43 pm
Hi Casa

The table in 7.2.4 shows that £34,600 would be the level at which cash savings would suffice? Happy to be corrected.

£34,600 - £16,000 = £18,600
Thanks for the correction. I believe you're right due to the previous requirement of £62,500 having to cover a 2.5 year period.
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

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