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Topic: Cash savings  (Read 660 times)

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Cash savings
« on: January 31, 2017, 09:02:43 PM »
Hi
If we are using the sale of our house as our cash savings do we have to keep it in savings in the U.K. For six months as my husband (U.K. Citizen)
Won't have a job when we arrive over there
Also am I right in thinking the money doesn't have to be in the bank here in theUS for six months prior to applying if it's from the sale of our house?
Thank you so much for all the info you supply - you make my anxiety about all this bearable!


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Re: Cash savings
« Reply #1 on: January 31, 2017, 09:16:23 PM »
As long as you've owned the house for more than 6 months, the savings can be used right away.
The money can be banked either in the US or the UK


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Re: Cash savings
« Reply #2 on: February 01, 2017, 02:11:37 AM »
No, but you will have to meet the financial requirements again after 30 months and 60 months of living in the UK.  Just something to be mindful of.


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