Increased funds required for UK Tier 2 visa applicants from 14 June 2012
04 April 2012
For concise and recent immigration information watch our news.The UK Border Agency (UKBA) announced that they will increase the funds required to satisfy the maintenance requirement for Tier 2 visas applicants. The changes go into effect from 14 June 2012.
- Tier 2 Visa Applicants: Increased from £800 to £900
- Dependents of Tier 2 applicants who have been in the UK for less than 12 months: Increased from £1,600 to £1,800
- Dependents of Tier 2 applicants - all other applications: Increased from £533 to £600
The UKBA has stated that these increases are in line with cost of living rises in the UK.
Other Tier 2 changes that will go into effect 6 April 2012 include:
- Introducing a new minimum salary requirement of £35,000 for Tier 2 general and sportsperson migrants who wish to settle here (indefinite leave to remain or permanent residence) from April 2016 (with exemptions for those in PhD level and shortage occupation categories).
- Introducing a 'cooling-off period' across all the Tier 2 routes. Tier 2 migrants will need to wait for 12 months from the expiration of their previous visa before they may apply for a further Tier 2 visa. Although, it is important to note that many Tier 2 visa holders can still apply for indefinite leave to remain if they meet all of the requirements including showing that they meet the new minimum pay requirement of £35,000.
- Introducing new post-study arrangements for graduates switching into Tier 2.