Are you dreaming of studying or working in the United Kingdom? If so, you’ll need to be prepared for some changes to the financial requirements for visas in 2025.
The UK government has announced an increase in the amount of money that international students and skilled workers will need to show they have available to cover their living expenses.
Here’s a detailed breakdown of what aspiring students and skilled workers need to know.
New Financial Requirements for UK Study Visas
From January 2, 2025, international students applying for UK study visas must demonstrate higher financial reserves to cover living expenses:
- For courses in London: £1,483 per month (approximately ₹1.5 lakh).
- For courses outside London: £1,136 per month.
For a typical one-year master’s program:
- Students must show proof of £13,347 (around ₹14 lakh) for London.
- Students outside London must show £10,224 for nine months of expenses.
Applicants must hold funds in their account for at least 28 consecutive days before submitting their visa application.
Current Requirement Comparison
- London: £1,334 per month.
- Outside London: £1,023 per month.
Exemptions
These updated rules do not apply to:
- Students already residing in the UK.
- Nationals from specific countries are listed under visa exemptions.
Revised Rules for Skilled Worker Visas
Individuals applying for a skilled worker visa for the first time must meet new financial thresholds:
- Income requirement: £38,700 annually to cover living expenses and accommodation.
- Employer sponsorship: Applicants must secure sponsorship from a UK employer approved by the Home Office.
Applicants must hold the required funds in their account for at least 28 days before applying for unsponsored applications.
Increased UK Visa Fees
UK Visa application fees for 2025 have been updated to account for inflation and improved services. The changes affect student, tourist, work, and family visas, along with premium processing options. Here’s a breakdown:
| Visa Category | Fee (USD) |
|---|---|
| Short-term Visit (6 months) | $153 |
| Long-term Visit (2 years) | $573 |
| Long-term Visit (5 years) | $1,023 |
| Long-term Visit (10 years) | $1,277 |
| Skilled Worker Visa | $827 |
| Student Visa (Outside UK) | $647 |
| Parent of Student Child Visa | $845 |
For premium services, priority visas cost $550, while super-priority visas are $1,050.
Exemptions: Applicants with disabilities, carers, and professionals in specific sectors, such as healthcare, the armed forces, and talent-based roles, will continue to benefit from fee waivers.
Understanding the 28-Day Rule
An important new regulation is the “28-day rule.” This rule requires applicants to ensure that the necessary funds remain in their bank account for a minimum of 28 consecutive days without going below the designated amount.
Under the revised regulations:
- Funds must remain in the applicant’s account for 28 consecutive days.
- The closing balance must not be older than 30 days when the visa application is submitted.
- This rule applies to all financial documentation, such as bank statements or certified letters.
Non-compliance may result in visa rejections.
Tips for Prospective Applicants
- Start budgeting early: Prepare financial reserves well before your application date.
- Monitor exchange rates: Currency fluctuations may impact your required funds.
- Double-check documentation: Ensure bank statements meet the 28-day requirement.
Conclusion
With these changes on the horizon, prospective students and workers aiming for the UK should begin their financial planning now. Early preparation can help ensure a smooth visa application process and improve your chances of success.
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