RCV International | Immigration Services Cape Town

Financial Requirements for Your UK Visa

Robyn Lamb, RCV founder, Cape Town

May 14 2019

Deciding to move to the UK isn’t an easy decision. The actual choice to move isn’t easy to begin with, and you also have to consider any financial requirements you may have in order to be granted a visa. The UK Settlement Visa is also known as the UK Spousal Visa and is available to individuals wishing to join their non-EU partner or spouse in the UK.

Whilst it may be known as the Spousal Visa, it is also open to civil partners, individuals living together in a relationship akin to marriage for longer than two years, and those engaged to be married or to become civil partners. This visa option has a pretty heft financial requirement in place. A minimum income of £18,600 is required to sponsor the settlement of the spouse, partner, fiancé or proposed civil partner. Furthermore, there is also a higher threshold for any children also sponsored: £22,400 for one child and an additional £2,400 for each further child.

If you do not meet the financial requirement by income, one can also include savings to supplement your income. It is also possible to rely only on savings. Only savings above £16,000 are considered. It is important to note that the Home Office will carefully consider the source of your income and how genuine your income is. If you are planning to receive a lump sum of money from whatever source, you will need to prove the validity of this, in order to prove to Home Office that you are not simply borrowing money from someone to meet the requirement.

If you are applying for an Ancestral Visa, the financial requirement would be slightly different. Individuals need to have around £1,200 to £1,600 in their account 90 days prior to your date of application for an Ancestral Visa.

Whichever route you’re planning on going, Robyn Lamb from RCV International can assist you with the correct financial requirements and how you would go about meeting these requirements.

Email Robyn today on robyn@rcvinternational.com or contact 02 412 1501 today.