How you can meet the skilled worker visa maintenance funds requirement in 2022!

How you can meet the skilled worker visa maintenance funds requirement in 2022! smartmove2uk.com/how-you-can-meet-the-skilled-worker-visa-maintenance-funds-requirement

Here’s a quick Skilled Worker visa: Overview The UK Skilled Worker is one of the popular UK routes because there’s so much more to it than work. It offers you the chance to settle in the UK. While fewer applicants are being turned down, more competent foreigners are receiving UK work visas regularly. The rejection rate for UK work visas in 2020 was 4.93%, according to UK government statistics. This shows that only 1 application out of 20 was turned down.

One of the keys to making a successful UK Skilled Worker visa application is meeting the financial requirement, including the skilled worker visa maintenance funds requirement.

What are maintenance funds With maintenance funds – Let us quickly understand ‘what are maintenance funds’?

To meet the skilled worker visa maintenance funds requirement, you must be financially capable of paying the application fee, which, depending on your situation, might be anywhere between £625 and £1,423. Pay the annual healthcare surcharge, which is generally £624.

Important read: UK Skilled Worker Visa – Everything you need to know. Click Here

Funds you will need to meet the Skilled Worker Visa maintenance requirements To prove you can support yourself in the UK, you must have at least £1,270 in your bank account.

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The funds must have been accessible to you for at least 28 days straight. Day 28 must occur no later than 31 days after this visa application.

Unless you have been in the UK with a valid visa for at least 12 months or unless your company will pay up to £1,270 off your first month’s living expenses in the UK, you’ll often need to provide proof of this when you apply.

We have been receiving a query frequently asking ”What about dependants, how are funds then calculated”?. Here’s how!

Along with you, your partner and kids must also prove that they have enough funds to support themselves while they are in the UK. £285 – for your partner £315 – for one child £200 – for every additional child

If your employer assist you instead…

Your sponsorship certificate must attest to this. The line on your certificate that says, “sponsor confirms maintenance” must be filled out by your employer. This is listed as “Additional data.”

If your profession is listed as a shortage occupation If your employment is on the shortage occupation list, you and your family will pay a lesser application price.

Each applicant must pay the following fee: For stays of up to 3 years – £479 To stay for more than 3 years – £943 Whether you apply from within the UK or outside, the price is the same.

UK Skilled Worker visa Requirements | A complete guide to understand the visa application process. Click here.

If your profession is not listed as a shortage occupation If your employment is not on the shortage occupation list, you and your family have to pay the general amount and meet the requirements as stated by the UK Home Office.

How The SmartMove2UK can help!

It can be challenging to understand UK immigration laws, and mistakes on the application form can lead to rejections and, in certain cases, admission denials for as long as ten years.

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We at The SmartMove2UK understand how significant an applicant’s immigration journey is. We also recognize that you may find it challenging to keep up with and comprehend the constantly evolving lawns that undergo frequent updates.

Our UK-qualified immigration lawyers have helped over 1000 clients make their smart move to the UK. We have advised clients from all around the world via Zoom & Skype and also have clients visiting our offices in Mumbai & Delhi for in-person consultations.

Looking for assistance with your UK Skilled Worker visa application? Contact us now!

FAQ’s How much bank balance is required for a UK Skilled Worker visa?

– You will need to prove that you can meet the skilled worker visa maintenance funds requirement to sustain yourself while you’re in the UK, and pay the Health Surcharge and the application fee.

– To demonstrate that you can sustain yourself in the UK, you must have at least £1,270 in your bank account.

What are the benefits of a Skilled Worker visa UK? Some benefits of the UK Skilled Worker visa are – – You can take your partner and children as dependents – You can settle in the UK through this visa – You can avail resident benefits if you are eligible Who is eligible for a Skilled Worker visa?

One of the major eligibility criteria for the Skilled Worker visa is that you must have a job offer from a Home Office licensed sponsor.

Do I need to provide evidence of maintenance funds?

Yes. You will have to maintain the funds in your bank and provide evidence for the same.

During extending my Skilled Worker visa inside the UK, will I be required to show maintenance funds?

– When extending your UK Skilled Worker visa, you will be required to show that you continue to meet the skilled worker visa maintenance funds requirement.

– You will also be required to show that you continue to work with the same employer.

Are there any other ways to show maintenance funds for a UK Skilled Worker visa?

The 3 ways of showing you can meet the skilled worker visa maintenance funds requirement are: 1. Personal bank statements – Your account number, bank name, name and logo of the institution 2. Holding the funds – Passbook record or statements to prove that you have been holding the funds for more than 28 consecutive days.

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3. Letter from the financial institution – A letter from the bank stating that you have held the funds for at least 28 days. The last date of holding the funds should not be more than 31 days before making the application.

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