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Applying for Dependent Visa, Bank Statement mostly in Overdraft? Please help?

• Hi all, Well I guess the title gives a vague idea what my question will be related to ... hehehhe ... Please need quick help regarding this, here's the full detail, Well I am working in the UK for the last almost 4 yrs, I have a salary of £22k a year, I am on a Tier 1 (General) - Migrant visa and got married about 2 years back. My wife was here with me for nearly a year on a visiting visa, now she has gone back and will be applying for a dependent visa under Tier 1 category. Well here are the details of my balances at the moment, 1) I have a savings account covering around £2100 2) My approx. salary after tax is around £1450 3) I have an approved Bank Overdraft limit of £2100 4) My overall Rental + Bills for a 1 bed flat is around £550 (Leaving behind £900 for other stuff) So, well ... for the past few months, I have been constantly in Overdraft, reaching close to the border line of my overdraft limit, but as I am on a permanent job, every month I receive salary and account gets better but still remains in Negative. Well my question is, with a saving of £2100 plus a £22k/year salary, does the overdraft affect in any way on the decision of my wife's visa? Can it get refused on the clause that my account has been in negative for quite a long time ... or do they only check if the money is going in and out of the account ... If yes, is there a work around to make the visa application more effective, like getting a letter from the bank stating that I have an approved Overdraft limit from the bank or such ... Please help, time is running out and I really need to apply quickly ... Thanks in advance, Take Care all :) ...

• Answer:

  from a financial perspective: why are you keeping 2100 in savings (0.5% - 3% interest less TAX at best) and still paying for overdraft on 2100 (10-20%....out of your Taxed (20% tax+10% NI) income) Be sensible and put all those savings into your current account and SAVE (all those overdraft charges every month !!) Even if for some reason that is an ISA, the tax saving for a Standard rate (20%) tax payer is not enough to make it worth it, you are paying many times more in overdrfat than you save each month (it will take many years to get that back) If you do not pay bank charges, you will stay and get more and more positive every month., for immigration: The overdraft does not actually matter, provided that - all income - all outgoings =extra money left. The extra money left should be enough to support your wife, 22K salary should be enough, but see the calculation you need to do in guidance for family members http://www.ukba.homeoffice.gov.uk/visas-immigration/partners-families/migrant-workers-students/ http://www.ukba.homeoffice.gov.uk/sitecontent/applicationforms/pbs/pbsdependantspolicy1.pdf - here page 10 but to be honest, it is a low salary for a Tier 1 visa. Will she be able to work when she gets to the UK ? Will you be able to show she will add to your income "if" she can get a job ? BTW: 1 year on a visit visa ? 6 months is the normal maximum - did she overstay ?