If you and your partner have a minimum of £62,500 in cash savings, then you can meet UK Spouse visa financial requirements using £62,500 of cash savings.

You need more than £62,500 in cash savings if you are applying for a Spouse visa with any dependent children (under 18) to meet the financial requirements.

If you have cash savings of less than £62,500, you may still be able to meet the Spouse visa financial requirements by combining cash savings and income. In this case, you must have cash savings of £16,000 or over. Whether you can use a combination of income and cash savings will depend on the source of the income.

Table of Contents

  1. How to calculate cash savings of £62,500?
  2. How to meet spouse visa financial requirements?
  3. Spouse visa minimum income requirements of £29,000
  4. What are the requirements for a UK Spouse visa application?
  5. Does the cash have to be in the UK?
  6. UK Spouse visa processing time
  7. How much does a UK Spouse visa cost?
  8. Solicitors for UK Spouse visas
  9. Need legal advice & assistance?

How to calculate cash savings of £62,500?

  1. First of all, you have to identify the lowest amount as seen in the bank account in the 6 months before submitting your Spouse visa application.
  2. Then, minus £16,000 from this amount as the first £16,000 of cash savings cannot be counted towards the financial requirement.
  3. Then, divide this amount by 2.5

How to meet spouse visa financial requirements?

The financial requirements that an applicant must meet to make a successful spouse visa application are set out in Appendix FM of the Immigration Rules.

There are different ways to meet the Spouse visa financial requirements:

  • Via gross annual income of at least £29,000; or
  • Via £62,500 in cash savings (if solely relying on cash savings); or
  • Via a combination of income and cash savings (depending on the source of the income).

Spouse visa minimum income requirements of £29,000

To meet the financial requirements of a UK Spouse visa application, you and your partner must have a combined income of at least £29,000 gross per year. You need to meet this income threshold requirement if you want to settle in the UK within 5 years.

Spouse / Partner visa minimum income requirement from 11 April 2024

From 11 April 2024, the minimum income requirement of a UK Spouse or Partner visa is increased from £18,600 to £29,000 gross per year. Contact our immigration solicitors on 0203 417 3700  or complete our online enquiry form for your eligibility assessment.

What are the requirements for a UK Spouse visa application?

The main requirements for a UK Spouse visa application are as follows: 

  • Both, you and your partner must be 18 or over;
  • You need to prove that your relationship is genuine and you intend to live together permanently in the UK;
  • You need to meet the financial requirements to prove that you can support your family without seeking public funds;
  • You must meet the requirement of adequate accommodation;
  • You must satisfy the English language requirements to prove your knowledge of the English language.

You must meet all other requirements depending on your circumstances. Feel free to ask a question to our expert immigration solicitor regarding your Spouse visa application.

Does the cash have to be in the UK?

It is not mandatory to have all the cash savings physically held in the UK to meet the financial requirement of a spouse visa application via cash savings. All or some of the money can be held overseas.

UK Spouse visa processing time

Currently, the UK Spouse visa application processing time is 24 weeks if applying from outside the UK. Time starts from the date of your appointment at the visa application centre.

You should usually get a decision on your Spouse visa within 8 weeks if applying from inside the UK.

How much does a UK Spouse visa cost?

The fee for a UK spouse visa application is £1,538 if you are applying from outside the UK and £1,048 for inside applications. It does not include Immigration Healthcare Surcharge (IHS).

Click here to find out the latest Family visa fees and Healthcare surcharges.

Solicitors for UK Spouse visas

Our expert team of UK immigration solicitors and lawyers will be able to assist you with any type of UK Family visa or immigration application.

Immigration solicitors at Wembley Solicitors will:

  • Provide detailed immigration advice.
  • Assess your personal circumstances and eligibility for a UK Family visa.
  • Assess the eligibility of your sponsor.
  • Explain the entire UK Family visa application process.
  • Give you a completed checklist of documents according to the type of visa application and your circumstances.
  • Check all the supporting documents to ensure that they are sufficient and in the correct format.
  • Fill out the complete application form and prepare detailed representations/cover letters for the Home Office UKVI in reference to the Immigration Rules.
  • Book an appointment for you to enrol your biometrics.
  • Upload all the supporting documents.
  • Liaise with the Home Office UKVI throughout the process until we receive the decision.
  • Keep you updated with every stage of your application.

Contact our UK Family visa solicitors in Wembley, London on 020 3417 3700 or fill in the enquiry form for immediate legal advice & assistance with your UK visa application.

We provide expert advice, practical assistance, and professional representation to guide you through the application and decision-making process, from start to finish. 

We're authorised and regulated by the Solicitors Regulation Authority (SRA), so you know you're in safe hands.

Contact our solicitor today to get legal advice and assistance with your UK immigration matters.

You can call us on 02034173700 or leave your details here for a callback request regarding your legal matter.

CALL