UK Family Visa Financial Requirements 2024

At the end of 2023, the UK Home Office announced several new changes to the financial requirements for ALL UK Family visa categories, including fiance, spouse, civil partner and unmarried partner visas. The changes will come into effect in the spring of 2024, in which the current financial requirement threshold of £18,600 will be raised to £29,000 and gradually increased to meet the sum of £38,700 by early 2025.

Navigating the complexities of immigration? Dive deep into the essential aspects of UK Family Visa Financial Requirements to ensure a seamless transition for your loved ones.

What Are the “financial requirements of UK family visas?

The UK Family Visa financial threshold requirements refer to the specific monetary criteria that applicants must meet to be eligible for a family visa in the United Kingdom. These requirements are designed to ensure that those coming to the UK to join family members are financially stable and will not rely on public funds. Typically, this involves proving a certain level of income or having adequate savings (explained below). Moreover, the requirements can be met through a combination of income from employment, self-employment, pensions, or savings. It’s important to note that these requirements are subject to change, and applicants should refer to the latest guidelines provided by the UK Home Office for the most current information.

Implications of the Revised Income Requirement

The updated income requirement of £29,000 has several implications for those applying for family visas, including spouse visas and civil partner visas. Here’s an overview of what this change means for various applicants:

Existing Visa Holders pre-Spring 2024

Individuals who already possess a family visa under the five-year partner route will continue to be assessed under the current £18,600 income requirement. This applies to those extending their stay or seeking settlement in the UK, as well as to children joining or accompanying a parent.

New Applicants Before Implementation

Those applying for a family visa before the new threshold is implemented will also be assessed against the £18,600 requirement. This includes applicants for spouse, civil partner, and unmarried partner visas.

Pre Spring 2024 Fiancé(e) Visa Holders 

If granted a fiancé(e) visa before the new threshold is introduced, the subsequent application for a family visa will be assessed under the existing £18,600 requirement, and you will not be required to meet the requirement of £29,000.

Post-Spring 2024 Applicants

All applicants who apply for a family visa under the five-year partner route after introducing the new £29,000 requirement will be subject to this new threshold.

Switching Visa Categories Post Spring 2024

Individuals in the UK on a different visa category who wish to switch to the five-year partner route after the implementation will also face the £29,000 income requirement.

Also Read: How to Switch From Fiance Visa to Spouse Visa UK?

Meeting the Financial Requirement by Demonstrating Adequate Savings

If you do not meet the financial requirement of £18,600 a year, you can prove financial stability by demonstrating savings of £62,500. However, once the financial requirement rises to £29,000 on April 11th, 2024, the saving requirement will increase to £88,500.

Visa Application Fee 

In addition to meeting teh financial requirement, another key aspect an applicant needs to know about is being able to pay the visa application fee, especially if applying from outside the UK. The fee for in-country applications is £1,048, whereas applicants outside the UK is £1,846. 

It is very important for the applicant to factor in these increases in their budget when looking to ensure a smooth and uninterrupted application process.

Do not forget to Read: Recent Changes in UK Spouse and Family Visa Regulations for 2024

Increased Immigration Health Surcharge (IHS)

The IHS is a mandatory fee for most visa applicants that grants access to the UK’s National Health Service (NHS). As of January 2024, the IHS fee will be £1,035 for adults, up from the previous £624 and for individuals under the age of 18, the new fee will be £776.

The raised IHS fee is applicable to a broad spectrum of visa categories and reflects the ongoing efforts to balance the needs of the NHS with the influx of immigrants. Most UK visa applicants should also consider this fee and be aware of it.

Adapting the Changes: Dealing with the Evolving Dynamics of UK Family Visa Policies

The decision to set the threshold at £29,000 and then to £38,700 by early 2025 could potentially limit the accessibility of the visa for numerous applicants. Here are some recommended strategies to minimise the impact of the new regulation:

  • Early Application: Couples who foresee difficulties meeting this new requirement are encouraged to consider applying before the implementation date of £29,000 in Spring 2024. This preemptive step could circumvent the challenges posed by the increased financial threshold.
  • Investigating Alternative Routes: For applicants who may find the £29,000 requirement unfeasible and where early application is not an option, exploring alternative routes is critical. The UK’s immigration framework includes provisions for exceptions under certain conditions, presenting possible solutions for those unable to meet the standard financial criteria.
  • Professional Advice: Professional advice is highly recommended. Immigration regulations are complex. No two cases are the same. This makes it critical to consult with professionals as they work in a particular field and keep themselves updated with the recent changes in the policy. A qualified immigration attorney can provide the correct guidance and help make your dream come true.

For guidance in these matters, reaching out to immigration specialists is beneficial. They offer tailored advice and can help navigate through the complexities of UK immigration policies.

The Future of the Financial Requirement for Family Visas: Phased Increase

As stated above, the increase to £29,000 is part of a phased plan. The government wanted to elevate the threshold further to £38,700 in Spring 2024, but this has been delayed to early 2025. However, with the upcoming general election scheduled for January 2025, the future implementation of this increase is uncertain.

This latest update in UK immigration policy reflects the government’s ongoing attempts to manage legal migration effectively. Although this adjustment compromises the initial proposal and current standards, it introduces new challenges and opportunities for those aspiring to live in the UK under a family visa. 

For individuals and families navigating this changing landscape, staying informed and seeking expert guidance is essential. Understanding these changes and their implications is key to successfully navigating the UK immigration system and achieving family reunification under the new regulations. For the most up-to-date information on anything to do with UK family visas, it’s always best to speak to a legal expert. Do not hesitate to contact us with any questions you may have.

The information provided in our articles is intended solely for guidance and should not be considered legal advice. We do not assume responsibility for any liabilities arising from the information in written articles and recommend that all readers seek professional advice before taking any action. For those wishing to discuss their case with a professional, please feel free to contact us directly.

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