Starting January 2025, individuals from India planning to study or work in the United Kingdom (UK) will need to showcase increased financial reserves. The UK government has raised the monthly maintenance cost for student and work visas by at least 11 percent to address concerns about immigration's impact on housing and the economy.

The updated financial thresholds, detailed on the UK government website, outline new requirements for study and work visa applicants.

Requirements for Students

From January 2, international students applying for UK study visas must demonstrate adequate funds to cover living expenses:

• £1,483 (approx. ₹1.5 lakh) per month for courses in London.
• £1,136 per month for courses outside London.

For a one-year master’s programme, this totals:

• £13,347 (approx. ₹14 lakh) for nine months in London.
• £10,224 for nine months outside London.

These funds must remain in the applicant's account for at least 28 consecutive days before the visa application.

Currently, living expense requirements are £1,334 per month for London and £1,023 for other regions. Students already residing in the UK or from certain countries are exempt from the updated requirements.

Requirements for Skilled Worker Visas

First-time skilled worker visa applicants must prove a minimum income of £38,700 to cover living expenses and accommodation. Additionally, they need sponsorship from a UK employer approved by the Home Office.

Applicants without employer sponsorship must hold the required funds for at least 28 days before applying for the visa.

Hike in Visa Fees

Visa application fees will increase slightly across various categories, including tourist, family, spouse, child, and student visas. However, exemptions remain for applicants with disabilities, carers, and professionals in specific sectors such as healthcare, the armed forces, and talent-based roles.

28-Day Rule

The UK government has introduced a mandatory 28-day rule, requiring applicants to ensure their financial reserves remain above the required threshold for 28 consecutive days.

Key points of the rule include:

• The closing balance must not be older than 31 days from the date of visa application submission.
• Funds must be held in a bank account or certified in an official letter meeting the required conditions.

This 28-day period is calculated backward from the closing balance date, aligning with the online application submission date.

Prepare accordingly to meet these updated financial requirements for a smooth application process!