Spouse Visa Financial Requirement & Exemptions in 2024

spouse-visa-financial-requirement

Article updated on April 26th, 2024

Spouse Visa Financial Requirement and Exemptions in 2024

Relocating to the UK to join your spouse is a hopeful and exciting time. But, the process can also face handful of challenges. One such challenge is the UK spouse visa application process.

Knowing the financial requirements for this visa is crucial. This became even more important after the Home Secretary announced new financial requirements on December 5th, 2023. This article is a thorough guide that simplifies these rules to help you with the process.

As an applicant, you’re not alone in this journey. You have our professional team of immigration experts by your side, bringing timely knowledge, experience, and guidance to your aid. In this in-depth guide, you can confidently prepare for your spouse’s visa application, meeting every financial requirement set by the Home Office

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Understanding the Financial Requirement for a Spouse Visa in 2024

In addition to the application fee of £1,048 is you apply for inside the UK and £1,846 for an application from outside, spouse visa’s have a financial requirement based on the minimum income needed to support your family without depending on public funds. It’s essential to understand the prerequisite to make the visa process successful. 

The Minimum Income Requirement

Starting on April 11th 2024, the financial threshold for all family visas is £29,000, with a further rise to £34,500 later in 2024 nd then to £38,700 by early 2025. To stay informed about the latest changes in family visa financial requirements, click here, please contact us directly.

If you, the visa applicant, are already employed in the UK, your earnings can be combined with your partner’s to fulfill this financial requirement. However, bear in mind that earnings from a job held overseas that will be forfeited if your visa application is successful are not included in this calculation.

It’s crucial to understand that the fundamental income prerequisite isn’t a fixed figure; it fluctuates depending on the number of non-British citizen dependent children applying with you. The financial need rises by £3,800 for the first child and by £2,400 for each additional kid.

Fulfilling the Financial Requirement via Income

Now, the question arises: how does one accomplish the financial requirement through income? The guidelines are pretty explicit. To count your income towards the financial requirement, your job must be UK-based. This income can be earned from salaried employment, non-salaried employment, or even a mix of both. 

The evidence of your income can be displayed through your employer’s pay slips, bank statements, and a formal letter from your company verifying your employment status and income. These records must be no more than six months old from the date of application.

The demonstrated annual income should reflect a sum equivalent to or surpassing the stated financial requirement. If you operate a limited company, company tax returns can act as supplementary documents.

To sum up, irrespective of whether you’re dependent solely on your spouse’s income or combine both incomes, every penny is crucial. Each pound earned helps in achieving the financial requirement and draws you one step closer to achieving your UK spouse visa.

Using Cash Savings for the Spouse Visa Financial Requirement

While income plays a crucial role in meeting the financial requirement for your spouse visa application, cash savings can also provide substantial support. Understanding how to incorporate your savings into your application can significantly ease your financial planning for the visa process.

Cash savings don’t serve as an exception to the financial requirement. Still, they can reduce your income requirement if you don’t earn enough or act as a stand-alone source to meet the financial provision. The flexibility of cash savings can serve as a safety net, ensuring that you can meet your financial requirement one way or another.

Please note that when the minimum income requirements rises to £29,000 on April 11th, 2024, the minimum saving requirement will respectively rise to £88,500.

Combining Income and Savings

If you and your partner earn less than the annual income threshold, you can use your savings to bridge the gap. This approach can give you the flexibility to combine income and savings to meet the financial requirement. For more details on how to implement this, do not hesitate to contact us for expert advice.

Rules for Using Savings

Regardless of whether you’re using savings alone or combining them with income, specific rules govern using cash savings for visa applications. Key among these rules is that you or your partner should have held the money for at least six months prior to your visa application. The savings must be under your control, accessible, and not tied up in investments, property, or notice accounts.

To prove the existence of these savings, you need to provide bank statements showing the amount of money in the account. Rest assured, the funds can remain in the account and do not need to be spent or withdrawn to meet the financial requirement.

Navigating the financial requirements for a spouse visa application is no small task. But with the proper acquaintance and preparation, it becomes less daunting. As we’ve seen, income and savings can both play crucial roles in meeting financial requirements, providing flexibility based on your individua circumstances.

Rules for Using Other Sources of Income

Other methods can be employed besides savings to meet the economic prerequisite for a UK family visa. However, please note that these routes must equal the savings amount if they are utilised.

Pension Income: Pensions are a valid source of income for meeting financial requirements, especially for older or retired applicants. 

Investments: Income from investments like stocks and shares can help prove financial stability. However, these investments must be liquidated to fulfill the savings requirement during the application process. 

Non-Employment Income: Other income forms, such as rental income or stock dividends, can also count towards the financial requirement. Proper documentation is essential to verify this income. 

Partner’s Combined Income: Applicants can combine their income with their partner’s to meet the financial obligation. It’s important to note that income from employment outside the UK, which would be lost upon visa approval, cannot be included in this calculation.

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Document Guidelines for Spouse Visa Financial Requirements in 2024

Financial documentation must be thorough and correct when applying for a UK spouse visa. These records confirm your financial condition and demonstrate that you meet the necessary funds. Here, we’ll explore the types of documents you may need and the guidelines around them.

Types of Financial Documents and Guidelines

The UK Home Office provides a comprehensive guide, Appendix FM-SE, that outlines the specific documents eligible as evidence. Here are some of the most important documents you might need:

  • Bank Statements: These documents on official bank stationery show your financial history over the specified period. For using electronic bank statements, you must also provide a letter from the bank attesting to their validity.
  • Employer’s Payslips: Payslips should clearly show the employer’s name. If not, they must include a letter from the employer on their headed paper confirming their authenticity.
  • Building Society Statements or Pass Books: These must show the account number, the society’s name and logo, and the relevant transaction and balance information.
  • Letters from Banks or Financial Institutions: These letters, on official stationery, provide information about your transactions, held funds, and the period for which the account has been active.

Keep in mind that a certified translation must be provided with any papers that are not in Welsh or English.

Along with gathering all the necessary documents, it’s equally crucial to ensure they adhere to the specific guidelines. They must be presented in complete form, with all the pages included, and be original or certified copies. The documents must also be up-to-date, typically not more than 28 days old at the time of application.

By ensuring that your documents meet the guidelines, you increase your chances of a successful application and potentially avoid delays or refusal.

Exemptions to the Spouse Visa Financial Requirements 2024

Exemptions to the Spouse Visa Financial Requirements 2023

The UK spouse visa application process acknowledges that not all applicants can meet the standard financial requirements due to specific circumstances. In these instances, exemptions apply, meaning the applicant or their sponsor isn’t expected to meet the minimum income threshold. Instead, they must offer proof of “adequate maintenance”.

Exemptions are granted if the main applicant or their UK sponsor receives any of the following UK benefits:

  • Personal Independence Payment
  • Disability Living Allowance
  • Industrial Injuries Disablement Benefit
  • Severe Disablement Allowance
  • Attendance Allowance
  • Bereavement benefits
  • Police Injury Pension
  • War Disablement Pension, Mobility Supplement, Constant Attendance Allowance or under the War Pensions Scheme
  • Guaranteed Income Payment or Armed Forces Independence Payment under the Armed Forces Compensation Scheme

If you qualify for an exemption, you must give the Home Office the following information:

  1. Authentication of current entitlement to benefits and the sum of money received from the Department for Work and Pensions, Veterans Agency, or Police Pension Authority. 
  2. A minimum of one own bank statement from the twelve months before the application date demonstrating the deposit of the allotment.

Take the Next Step with Gulbenkian Andonian Solicitors

UK Spouse Visa applications can be confusing. There’s a lot to think about, especially the financial requirements. But having a good legal expert can really help.

Our team at Gulbenkian Andonian Immigration Solicitors is here for you. We are experts in UK immigration law and especially on family visa applications including spouse, fiance, civil partner and unmarried partner visas.  

Our approach is designed to guide and represent you at every moment where we will use the most up-to-date knowledge of UK immigration law to find a solution suited for you. If you choose to work with us, our team will simplify the application process, increasing your chances of getting approved. 

For expert advice and representation, contact us to speak to a member of our legal team. 

FAQs

If you are thinking of making an application for a spouse visa, but don’t qualify as someone who meets the £29,000 threshold (as of April 2024), you can make up for this by showcasing adequate, savings, investment or a pension. For more details on how to go about this please contact our expert spouse and family visa lawyers.

Cash savings can include money in a bank account held by you or your partner. These savings should be under your control and must have been held for at least six months before your application. The savings must be readily accessible, meaning they cannot be tied up in investments, property, or notice accounts.

The calculation can be complex, especially when combining savings with other income sources. In general, if you wish to rely solely on savings, you’ll need at least £62,500. However, savings can also be used to offset a shortfall in income. A certain formula is used for this, so seeking professional guidance is highly advised.

Yes, it is possible to combine cash savings alongside other income streams such as pensions, non-employment income, salaried or unpaid jobs, and so on. Each income category has specific rules and requirements set by the UK Home Office, so it’s crucial to ensure your income sources meet the criteria.

To meet the financial requirement by demonstrating other means such as savings and investments, the process if quite technical. Based on this it is highly advisable to speak with our legal team who can advise you on exactly what needs to be done to leverage such funds towards your application. 

To apply for a spouse visa as a foreigner who is in a relationship with a UK permanent resident or British Citizen, both you and your partner must be over 18 years old. Moreover, you must demonstrate proficiency in English through academic study or by passing a language test. Your spouse should be a British citizen, have indefinite leave to remain, settled status, or permanent residence. Your marriage must be legally recognised in the UK and it must be a genuine relationship. You must also prove that you have previously met in person, that you intend to live together in the UK by showing that you have adequate accommodation arranged for yourself and any dependents. Additionally, you will need to demonstrate that you are able to support yourselves without recourse to public funds and have undergone tuberculosis testing at a Home Office approved clinic (only applicable if you are from certain countries.

Satisfying financial requirements for a spouse visa or acquiring the spouse visa does not grant leave in the UK. You must still meet all the other requirements of the application as well Leave will be granted when your application is approved by the Home Office in adherence to the UK’s immigration rules and regulations.

Ask our Expert Legal Team

At Gulbenkian Andonian, we pride ourselves on “Excellence, Experience and Efficiency”. With over 35 years of experience on your side, our team of London based lawyers and solicitors have a wealth of experience advising individuals, families and businesses of all sizes to find clarity on UK law.

Call us on +44 (0) 207 269 9590 or fill out the form below. We usually reply within a few hours.

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