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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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I am wishing to apply visa wife to come to the

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I am wishing to apply for a visa for my wife to come to the UK to live. She is a Chinese citizen. I have enough savings to meet the financial criteria but I have a bank loan which I took 3 years ago which I pay back monthly, with no difficulty. As I still owe the bank £4000 will this have to be shown as negative to my savings.
Hello,
How much savings do you have, and for how long have you had these savings? Are they in a UK bank?
Customer: replied 2 years ago.

I have £ 21000 which is in the Halifax for more than 2 yrs but I need £ 18700 to show as savings as the visa does not allow our two pensions to count only mine. If I have to declare the loan as negative equity it means I only have £17000.

You do not need to declare the loan as that is a separate matter between you and the bank.

You should use £21,000 as your savings figure. However, you will also need to show an annual income of £16,600 as your savings are not enough on their own to satisfy the financial requirement.

Can I clarify anything else for you?
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