Introduction
Applying for a UK tourist visa can be a daunting process, particularly with the requirements surrounding the necessary funds. One critical requirement is the UK tourist visa's financial threshold, which includes the amount of money that an applicant must have either in their bank account or sponsor's account to qualify for a visa application. This article provides an overview of the current UK tourist visa's financial threshold and what applicants need to know about this requirement.
What Is the Required Financial Threshold for a UK Tourist Visa?
The financial threshold for a UK tourist visa is the minimum amount of money an applicant must have in their account to qualify for the visa. The amount varies depending on the length of stay in the UK and whether the applicant will be staying with a friend or family member or in a hotel. Visitors who will be staying in a hotel or other accommodation need to have ￡1,890 available in their account for a 30-day trip. If the trip is longer than 30 days, then an additional ￡630 per person is required for each additional month the visitor plans on staying. Visitors who will be staying with a friend or family member need to have ￡1,015 available in their account for this 30-day trip. If the trip is longer than 30 days, then an additional ￡315 per person is required for each additional month the visitor plans on staying.
What Funds Can Be Used to Meet the Financial Threshold?
The funds that applicants can use to meet the financial threshold for a UK tourist visa are savings deposit accounts, current accounts, fixed deposits, provident funds, and any other liquid asset that can be easily converted into cash. The funds should be in the applicant's name or the sponsor's name, and there should be no outstanding loans or obligations against the account that could create a financial burden. The funds should be maintained in the account for at least 28 days before the visa application is submitted.
What If the Applicant Is Not Providing Their Own Funds?
If the applicant is not providing their own funds, they must provide proof that they have permission to use the sponsor's account and that the sponsor has given their consent for the applicant to use those funds. The sponsor must also provide a letter of invitation stating the nature of the visit and how long the applicant plans to stay.
Summary
In summary, the financial threshold is a critical requirement for anyone applying for a UK tourist visa. Visitors need to adhere to the guidelines for the length of stay and the arrangement type when calculating the required amount of funds. Applicants should maintain the funds in their account for at least 28 days before applying for the visa. Lastly, if there are any additional sponsors involved, the sponsor must provide a letter of invitation and proof of funds and consent.
