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Yes.Devanshi wrote:1. Can I provide Indian and UK bank account to satisfy maintenance fund requirement?
800.vmitt wrote:Hi,
I am a new memeber and was impressed with this site. Here goes my 2 questions :
1.) I am in UK from 2nd Jan to 15th feb & then 10 th march till date.
I am applying for tier-1 gen in UK and understand that 800 GBP (or equivalent) is required to be maintained for 3 months.
I have these funds (800 GBP) available in indian bank account. I see in some thread its mentioned to maintain 2800 gbp for 3 months even while applying from withiin UK..That has trigered my confusion. As I am applying from within UK , I am just showing 800gbp equivalent indian bank statement for lasst 3 months. (I do not have 2800 gbp for 3 months in indian a/c). Is my understanding right?
You may apply uplift ratio for the earnings made in India only for the months that you were physically present and working in India.vmitt wrote:2.) I am showing earnings as my indian salary for period april 2009 to march 2010. I am straight forward applying uplift ratio of 5.3 to my 12 month earnings (suppotred by payslips & bank statement). As I have stayed more than 6 months in india (earning period), do you foresee any issue with this.
Does the policy guidance say so? Check!vmitt wrote:I read from one of the threads (regarding secondment post) that during calculation the caseworker , checks where most of the time has been sent in last one year. If it is more than 6 months in single country then they he/she extrapolates that 6 month earning to 12month to give points on earnings.
Cant use uplift ratio for the earnings while you are in UK. See note #132 from guidance notessushdmehta wrote:800.vmitt wrote:Hi,
I am a new memeber and was impressed with this site. Here goes my 2 questions :
1.) I am in UK from 2nd Jan to 15th feb & then 10 th march till date.
I am applying for tier-1 gen in UK and understand that 800 GBP (or equivalent) is required to be maintained for 3 months.
I have these funds (800 GBP) available in indian bank account. I see in some thread its mentioned to maintain 2800 gbp for 3 months even while applying from withiin UK..That has trigered my confusion. As I am applying from within UK , I am just showing 800gbp equivalent indian bank statement for lasst 3 months. (I do not have 2800 gbp for 3 months in indian a/c). Is my understanding right?
hmm. For dependants it depends on the length of your stay in Uk(1600 if less than 12 months). Havent seen any clause for main applicants
You may apply uplift ratio for the earnings made in India only for the months that you were physically present and working in India.vmitt wrote:2.) I am showing earnings as my indian salary for period april 2009 to march 2010. I am straight forward applying uplift ratio of 5.3 to my 12 month earnings (suppotred by payslips & bank statement). As I have stayed more than 6 months in india (earning period), do you foresee any issue with this.
regards
Correct.vmitt wrote:March 2009-dec 2009 : INR with uplift factor 5.3
It is my understanding that you cannot break up earnings in a given month and apply uplift ratio to one portion and not apply it to another. So, AIUI, Jan-Feb (whole months) - UK equivalent of salary with no uplift ratio. This said, others have a different interpretation of the rules on this point and therefore you might want to wait for a correction (or confirmation) from other members.vmitt wrote:Jan 2010 - 17th feb 2010 : UK equivalent of salary paid in india (without uplifting Indian salary)
- 18th feb 2010 to 28th feb : INR salary calculated for 10 days on pro rata basis (with uplift factor)