Jedi001 wrote:Hi Kakamanna,
Could you please answer few questions for me as well?
I will have to apply for my extension next year March 2012. I am here on Tier 1 visa (applied before april 2009).
1 Main + 2 Dependents
Questions are:
What is the minimum Maintenance fund we have to keep in our account?
Also how much is the application fees for all 3 of us?
Many thanks
I hope the below would help -
If the Tier 1 Migrant is outside the United Kingdom or has been present in the United Kingdom for less than 12 months, each family member of the Tier 1 Migrant must show that he/she, the Tier 1 Migrant, or (for children) his/her other parent who is also legally present in the United Kingdom has at least £1600 to support him/her; this is in addition to any funds the Tier 1 Migrant needs to prove he/she has enough money to support himself/herself. Please note dependants of Tier 1 Investors do not need to satisfy the maintenance requirement.
If the Tier 1 Migrant has been in the United Kingdom for 12 months or more, each family member of the Tier 1 Migrant must have £533 to support himself/herself.
For example, the Tier 1 Migrant has been in the UK for 6 months and is making an application at the same time as his/her spouse and two children. He/she must show that he/she has £1600 for his spouse and a further £1600 for each child, in addition to £800 required for his/her own support. In total the family will require evidence that they hold £5600 in available funds (£1600 x 3 = £4800 + £800).
If the same Tier 1 Migrant and his family had been present in the UK for two years, they would require evidence that they held £2399 (£533 x 3 = £1599 + £800) in available funds.
If a family member applies separately from the Tier 1 Migrant, there must still be enough funds to support each member of the family. Therefore in the example above, if the family has a third child, the main applicant has been in the United Kingdom for two years and the family applies for leave to remain for the third child separately, they must provide evidence that they have an additional £533 in available funds.
I hope this clears your doubts
Thanks,
R
An [Expensive] Immigrant journey has ended 19/08/2015. Good luck to you all out there...