With tier1 system come in to effect, i have following doubts regarding the same : I have my HSMP approved in feb 2008 and will apply for EC after 1st April 2008.
1) What are the implications for me ,of this new system ( my case is, i have HSMP in old system and will go for EC in tier1) ?
2) What is the fees for filing EC, for me and my wife ( as dependent) ? Are they same as old system ?
3) Any major changes i should be aware of ?
4) I heard that, in tier1 system-"According to the new rules, you will have to maintain 800GBP in your account for a period of 3 months continuously before you can apply for the EC with new rules (Tier 1) ".Will this be applicable for me ?
thanks,
Chetan.
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