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UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Immigration Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
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Hi, Would the following meet the financial requirement part

Resolved Question:

Hi, Would the following meet the financial requirement part of the spouse settlement visa?:

1) GBP 62500 in a bank a/c for last 3 months before application
2) Source of the fund being "gift from family"
3) Evidence of gift money provided as sale of property that was owned by family for last 6 months prior to visa application.

Thanks
Submitted: 2 years ago.
Category: Immigration Law
Expert:  UKSolicitorJA replied 2 years ago.
Hello ,

I would respond as follows:

1) the money has to be in the account for at least 6 months to be taken into account;
2) yes, provided the gift is a sufficient amount and held for at least 6 months in the applicant or their partners account
3) only if the money was held for at least 6 months as above. If the property was in the applicants name or the partners then the 6 months rule would not apply.

Hope this helps
Customer: replied 2 years ago.

So the gift money arising from sale of property that was in father-in-laws's name WON'T be acceptable?

Expert:  UKSolicitorJA replied 2 years ago.
It would be if held for 6 months in bank account after the date of gift.

All the best
UKSolicitorJA, Solicitor
Category: Immigration Law
Satisfied Customers: 4312
Experience: English solicitor with over 12 years experience
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