Update on new financial requirement for Family visas
The new financial requirement will NOT apply to those who already have a Family visa or are in the process of applying for one (spouse / partner / fiance etc.).
The financial requirement will remain at £18,600 for those extending their visas (FLR) or applying for Indefinite Leave to Remain (ILR).
The new higher financial requirement will initially be set at £29,000 from “spring 2024” and will only be applicable to those applying for their visas for the first time.
This was confirmed yesterday in a Home Office news release.
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