Indefinite Leave to Remain - savings
#1
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Joined: Jul 2016
Posts: 219
Indefinite Leave to Remain - savings
I am a bit embarrassed asking this, but I will feel more reassured to have your replies! My question is about the savings route to satisfy the financial requirement at the Indefinite Leave to Remain (five year) stage. I had always assumed that the minimum was £62,500 but having read the full financial requirement details on the document available on government website I see that for ILR the minimum amount is only £34,600 (£16,000 + £18,600), clearly a significant change compared the the limits at earlier stages. I was so surprised, I did a search here but I couldn't find anything. I know I am asking the obvious, but is my understanding correct, or have I missed something.
Thanks a lot.
Thanks a lot.
#2
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Joined: May 2019
Location: Ground Floor
Posts: 130
Re: Indefinite Leave to Remain - savings
I am a bit embarrassed asking this, but I will feel more reassured to have your replies! My question is about the savings route to satisfy the financial requirement at the Indefinite Leave to Remain (five year) stage. I had always assumed that the minimum was £62,500 but having read the full financial requirement details on the document available on government website I see that for ILR the minimum amount is only £34,600 (£16,000 + £18,600), clearly a significant change compared the the limits at earlier stages. I was so surprised, I did a search here but I couldn't find anything. I know I am asking the obvious, but is my understanding correct, or have I missed something.
Thanks a lot.
Thanks a lot.
#3
Forum Regular
Thread Starter
Joined: Jul 2016
Posts: 219
Re: Indefinite Leave to Remain - savings
You are correct what you have actually learned from the guidance, because the reminder after deducting the £16000 isn't divided by 2.5 at the ILR stage. But still I will suggest you to keep reading & corroborating it with the official guidance until you will actually apply because the rules or guidance might change which although seldomly happens.
#5
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Joined: Jul 2016
Posts: 219
Re: Indefinite Leave to Remain - savings
Thanks for adding your confirmation to the thread!!......I don't ever recall this being mentioned anywhere on the forums, which is why I had the well-known figure of £62,500 in my mind. It is a huge difference over the requirements at the first two stages.
#6
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Joined: Jun 2018
Location: UK
Posts: 89
Re: Indefinite Leave to Remain - savings
Yh DernierVillage, I researched this a while back and I came to the same conclusion of £34,600. If BritInParis says it, then its gospel. but yh huge relief, though I just applied for my spouses entry clearence, so I'm far away yet. I checked some solicitors/lawyers pages and they said the same.
If ever in doubt ask a forum, or cold call some local solicitors etc
Good luck!!
If ever in doubt ask a forum, or cold call some local solicitors etc
Good luck!!
#7
Forum Regular
Thread Starter
Joined: Jul 2016
Posts: 219
Re: Indefinite Leave to Remain - savings
Yh DernierVillage, I researched this a while back and I came to the same conclusion of £34,600. If BritInParis says it, then its gospel. but yh huge relief, though I just applied for my spouses entry clearence, so I'm far away yet. I checked some solicitors/lawyers pages and they said the same.
If ever in doubt ask a forum, or cold call some local solicitors etc
Good luck!!
If ever in doubt ask a forum, or cold call some local solicitors etc
Good luck!!
Last edited by DernierVirage; Sep 14th 2020 at 7:47 pm.