UK Work Visa Savings Requirements

Applying for a work visa in the United Kingdom requires a significant amount of preparation. One of the most crucial requirements is the amount of savings you need to have in your account to show that you can support yourself while living and working in the UK. The specific amount differs depending on the visa category you are applying for.

Tier 2 General Visa

The Tier 2 General Visa is for skilled workers who have a job offer in the UK. To be eligible, you must have at least ￡945 (or equivalent in your currency) in your bank account for 90 consecutive days before you apply. This requirement is to demonstrate that you can support yourself without relying on public funds.

Tier 2 Intra-Company Transfer Visa

The Tier 2 Intra-Company Transfer Visa is for employees of multinational companies transferring to a UK branch of the same company. If you are applying for this visa under the Long-term Staff category, you must have ￡1,270 in your bank account for 90 consecutive days before you apply. If you are applying under the Graduate Trainee category, you must have ￡945 in your bank account for 90 consecutive days before you apply.

Tier 5 Visa

The Tier 5 Visa is for temporary workers and young people who want to work in the UK for a limited period. The amount of savings required for this visa depends on the subcategory you are applying for. For the Youth Mobility Scheme, you must have at least ￡1,890 in your bank account for 90 consecutive days before you apply. For the Creative and Sporting subcategory, you must have at least ￡945 in your bank account for 90 consecutive days before you apply.

Other Requirements

In addition to the savings requirements, you must also provide evidence of your ability to support yourself and any dependents while living in the UK. This includes proof of your income, such as payslips and bank statements, as well as evidence of your accommodation arrangements.

It is essential to have a thorough understanding of the savings requirements for your specific visa category and to plan accordingly. Failure to meet these requirements could result in your visa application being refused.

In conclusion, the amount of savings you need to have in your bank account when applying for a work visa in the UK varies depending on the visa category. It is essential to ensure that you have enough savings and the necessary documentation to support yourself without relying on public funds.