UK tourist visa changes - ahhhhhhhhhhhhhhhh

[purplealien]

I wonder what happens to the interest earned on the deposit ?

[andypaul]

I wonder what happens to the interest earned on the deposit ?

goes to northern rock

[fred]

goes to northern rock

Good answer and accurate too.

So what we have decided is that I will go and live in the Philippines with my honey. My house is up for sale and as soon as it is sold i will have to leave my beloved England for a new life in Cebu.

Ahh! Poor you!!

I hope you manage to sell before prices start to go down next year.

Is it possible for you to preserve the capital raised (house sale)whilst living here?
You are entitled to leave the proceeds in an offshore bank and so receive the interest tax free ..6.8%..All you really need is a police clearance and a forwarding address abroad..http://www.angloirishbank.co.im/pers...st-account.asp
Of course..If you have no extra savings to live here whilst the interest is being earned then the bit above might be useless information.
I just don't like to see guys coming here and going back broke or at least financially much worse off.
Cant you rent the house out instead of selling??
I suppose it all depends on the size of your mortgage as to whether it would be worth it.



Incidentally.. Regarding your visa here.. You can stay here from 16 to 24 months without doing the HK trip.

Foreign tourists can now stay 16 months without prior approval of the commissioner, 24 months with approval or they have to leave for one day every 16 months.

Fred.

[joebloggs]

i've read somewhere, that the visitor visa's valid date starts from when it's issued, not when people arrive in the UK, so visitors can only stay in the UK for 2-2.5 months or so at the longest.

[A_flyer]

i've read somewhere, that the visitor visa's valid date starts from when it's issued, not when people arrive in the UK, so visitors can only stay in the UK for 2-2.5 months or so at the longest.

Yes that's usually the case with visas issued by Embassies (same for Schengen visas). So sooner you travel after having the visa issued better it is.
Only in case of visa granted when you pass immigration at arrival (like the waiver visa for the US or the 21 days visa for the Philippines), you have the exact duration in days.

Visas are valid from 0h the day it is signed to 23h59mn59s the last day (meaning you must leave the country before this time). So in fact you always loose some time on the visa duration...

Other point: visa duration is given in days and not months. So meaning if you have a 90days (so called 3 months) visa including February month, they will really count 90 days to calculate the end date. So it may be more that 3 months from a calendar point of view (but not in days).