How you can meet the skilled worker visa maintenance funds requirement

by UK Immigration Law Firm in India

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UK Skilled Worker Visa Maintenance Funds Requirement

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Quick UK Skilled Worker Visa Overview

Here’s a quick UK Skilled Worker Visa Overview and also an essential guide to understanding the UK Skilled Worker Visa Maintenance Funds Requirement

  • The UK Skilled Worker is one of the popular UK routes because there’s so much more to it than work
  • It also 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
  • One of the keys to making a successful UK Skilled Worker Visa application is meeting the financial requirement, including the UK Skilled Worker Visa maintenance funds requirement
According to the UK government statistics, the rejection rate for UK work visas in 2020 was 4.93%. This shows that only 1 application out of 20 was turned down

What are the UK Skilled Worker Visa Documents requirement?

Here is a general list of documents that you will require at the time of submitting the Skilled Worker Visa UK application

  • Certificate of Sponsorship (CoS) – provided by the UK-based employer
  • Proof of your knowledge of the English language
  • A valid passport with a blank page
  • Evidence that you have £1,270 as maintenance funds to support yourself in the UK
  • Your job title and annual salary
  • Your job’s occupation code (mentioned on the CoS)
  • The name of your UK-based employer and their Sponsor Licence number (mentioned on the CoS)
  • Criminal record certificate
  • Your tuberculosis test results if you’re from a listed country

What does UK Skilled Worker Visa Maintenance Funds Requirement mean?

  • To meet the UK Skilled Worker Visa maintenance funds requirement, you must be financially capable of paying the application fee
  • The Skilled Worker Visa UK Cost, i.e. the application fee varies as per your visa validity, the fee amount can be between £625 and £1,423
  • You also have to pay the Immigration Health Surcharge (IHS), which is generally £624
  • IHS has to be paid for each year that has been granted to you on your Skilled Worker Visa UK
Important read: UK Skilled Worker Visa – Everything you need to know. Click Here

How much money will you need to meet the UK Skilled Worker Visa maintenance funds requirement?

  • To prove you can support yourself in the UK, you must have at least £1,270 in your bank account for 28 consecutive days
  • You don’t have to show evidence of the UK Skilled Worker Visa Maintenance Funds Requirement if –
    • You have been in the UK with a valid visa for at least 12 months, or
    • Your UK employer agrees to pay £1,270 for your first month’s living expenses in the UK
    • If your employer assists you, then 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”

Our UK Visa Experts have been receiving queries regarding the UK Skilled Worker Visa Maintenance Funds Requirement for Dependant partner and Dependant children (under 18 years) and here’s what you must know! If you want to bring your partner and kids with you to the UK, you must also evidence enough funds to support your dependants in the UK.

  • £285 – for your partner
  • £315 – for one child (under 18 years)
  • £200 – for every additional child (under 18 years)
Important read: 10 Most Common UK Visa Rejection Reasons

UK Shortage Occupation List

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

How The SmartMove2UK can help you with the UK Skilled Worker Visa Maintenance Funds Requirement?

  • 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
  • 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 laws that undergo frequent updates
  • Our UK-qualified immigration lawyers have helped over 1,000 clients make successful applications of Skilled Worker Visa UK from India
  • 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 Financial Requirement? Contact us now!

FAQ’s

  • 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.

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

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.
  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.

Our branches of UK Immigration Law Firm in India

The SmartMove2UK
Immigration Law Firm Mumbai

Email : info@smartmove2uk.com
HELPLINE : +91 98191 27002

The SmartMove2UK
Immigration Law Firm Delhi

Email : info@smartmove2uk.com
HELPLINE : 011 3044 6462

The SmartMove2UK
Immigration Law Firm Bengaluru

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HELPLINE : 080679 20729

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