No. 13 - March 2008
KINGDOM – NEW MAINTENANCE FUNDS REQUIREMENT
IMPORTANT INFORMATION FOR UK EMPLOYERS
The UK government have announced details of the new requirement for maintenance
funds for applicants under the new Points Based System.
The new system is currently in place for applicants who are applying from within the UK. Over the next 6 months or so, the system will replace the HSMP
visa process for applicants applying from outside the UK.
For applicants currently in the UK, the required amount is UK£800.
For applicants applying from outside the UK, the proposed required amounts are;
Principal applicant UK£2,800
Each child UK£800
The accepted evidence of such funds will be the applicant’s last 3 months bank
statements, showing a constant balance at or above the required level.
We are still awaiting exact details of the new application system and maintenance funds required for Out of Country applicants. Once we have this, we
will be detailing the process for you on our website and explaining exactly what it involves.
In the meantime, if you are outside the UK and are eligible to apply for the HSMP visa now, it may be advisable to do so, to avoid having to meet the new
Also if you are a UK employer, looking to take on overseas workers on work permits, then you need to be aware of the process to do so under the Points
Based System. This involves a pre-registration application to be included on the new “Register of Sponsors”.
The UK government will implement the new regime for work permits in September/October this year. Only employers who are registered, as approved Sponsors will
be permitted to apply for work permits. If you are a UK employer that requires
further information on the new process as it becomes available, then please contact us.
for United Kingdom info page with the latest migration news
Previous Newsletters on migration issues:
1 - January 2007
2 - March 2007
3 - April 2007
4 - May 2007
5 - May 2007 - In Focus: Australia
6 - June 2007
7 - July 2007
8 - August 2007
9 - October 2007
10 - November 2007
11 - December 2007
12 - February 2007
Commonwealth Immigration Consultants
59 Cambridge Gardens
London, N10 2LN
Tel. +44 (0)20 8365 3380