Normally, you can do this in two ways: By earning a minimum of £18,600 annually By having a minimum of £62,500 in cash savings.
Normally, you can do this in two ways: By earning a minimum of £18,600 annually By having a minimum of £62,500 in cash savings. UK Spouse Visa Financial Requirement – Savings Calculator You don't need to keep a 'constant balance' of £7,000 to £8,000 in your account.
For a partner applying under Appendix FM, without dependent children, the threshold is a gross annual income of at least £18,600.
The savings must have been in your name for 6 months or more. Your wife's income in … You only need to show you have held the 62500 for a period of 6 months.
Unless exempt, you must meet the financial requirement for spouse visas in the form of a minimum income threshold.
Savings aren't required as long as you've met the minimum annual income of £18,600.
You’ll need £16,000 plus £2.50 for every £1 your income is below the financial requirement. The government also disregard any savings below £16,000, meaning that you need £16,000 PLUS the shortfall amount PER YEAR for the duration of the visa. 62,500-16000=46500 46500/2.5=18600 That will amount to the 18600, provided you have held it for 6 months prior to application, in a bank.
If you have more than £16,000 in cash savings, then this can be used to reduce the minimum income threshold (which is usually £18,600) or it can be used to meet the financial requirement of your spouse visa completely (if you have more than £62,500 in cash savings). The requirements that an applicant must meet in order to obtain a spouse visa are set out in Appendix FM of the Immigration Rules.
At 50, if your household income is $75,000, you should strive to have 3.9 times your income saved, if you want to retire at 65. These rules contain a minimum income requirement of at least £18,600 or a cash savings requirement of at least £62,500 (or a combination of both).
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