The £12,570 figure does not currently apply as a mandatory income requirement for BNO visa holders. The BNO visa itself requires only that applicants demonstrate they can support themselves and dependents for at least six months without relying on public funds [1]. This is assessed on a case-by-case basis using available savings, confirmed job offers, or existing income rather than a fixed threshold. Applicants already in the UK for 12 months or more on a valid visa generally satisfy the financial requirement automatically.

However, the UK Home Office has proposed "earned settlement" reforms that would introduce stricter criteria for BNO holders seeking indefinite leave to remain (ILR) or settlement [2][3][4]. Under these proposals, applicants would need to demonstrate annual taxable earnings of approximately £12,570 for 3 to 5 years, alongside a higher English language requirement at B2 level [3][4]. These reforms remain under consultation and no final decision has been confirmed, so the £12,570 threshold is not yet a settled rule.

The key distinction is between the visa itself and settlement. The current BNO visa route does not impose the £12,570 requirement. If you are asking about future settlement applications, the threshold may apply but is not yet finalised. Anyone considering BNO visa or settlement applications should check the official GOV.UK guidance [1] and monitor Home Office announcements, as immigration rules are subject to change and the proposed reforms may be modified or implemented differently than currently proposed.