UK Spouse Visa Financial Requirements – Cash Savings

UK Spouse Visa Financial Requirements - Cash Savings

Appendix FM specifies the evidence required to meet the financial requirements for visa applications, including the use of cash savings. Here are the key points regarding cash savings:

 

1. Cash savings can be held in any form of bank or savings account, including current, deposit, or investment accounts, provided by a financial institution regulated by the appropriate regulatory body for the country where the institution operates.

 

2. The account must allow immediate access to the savings, with or without a penalty for withdrawing funds without notice. This also includes savings held in a pension savings account that can be immediately withdrawn.

 

3. The sponsor must provide personal bank statements demonstrating that the required level of cash savings has been maintained in the account(s) in their name or jointly with their partner for at least 6 months prior to the date of application.

 

4. The account holder(s) must provide a declaration confirming the source(s) of the cash savings.

 

5. The cash savings must have been owned and controlled by the applicant, their partner, or both jointly for at least 6 months before the application date.

 

It’s important to ensure that all documentation and evidence regarding cash savings meet these requirements to satisfy the financial criteria for the visa application.

 

 

 

 

 

Facebook
Twitter
LinkedIn
Pinterest
Contact US