Get Visas Fast - UK is Cancelling Golden Visa Program (Tier 1 Investor Visa)
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Visas offering foreign investors fast-track residency in the UK are being scrapped with immediate effect, the home secretary has confirmed.
Priti Patel said ending Tier 1 investor visas, for those spending, at least £2m, was the start of a "renewed crackdown on illicit finance and fraud".
The scheme was introduced in 2008 to encourage wealthy people from outside the EU to invest in the UK. It has been under review for some time, after concerns it is open to abuse.
The Tier 1 (investor) visa, often called a "golden visa", offers residency to those investing £2m or more in the UK, and allows their families to join them.
Holders of these visas can then apply for permanent residency in the UK, at a speed depending on how much they invest.
A £2m investment allows an application within five years, shortened to three years with £5m or two years if £10m is invested.
But the route to residency is now being closed with immediate effect, with the government saying it "failed to deliver for the UK people and gave opportunities for corrupt elites to access the UK".
The UK has announced they are canceling their Tier 1 Investor Visa immediately citing "security concerns". Since 2008 thousands of Russians, as well as people from India and elsewhere, have used the program investing £2 million into British companies to qualify for the so-called Golden visa.
This is nonsense. It clearly has nothing to do with security concerns or they'd simply tighten background checks. After all, what does being an investor have to do with security vs any other path? It's clearly a bias against people with wealth being able to use their wealth to gain an advantage. Of course, this is very short-sighted, why wouldn't you want wealthy people in your country?
So what should you be doing? What visas can you get today?
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
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Видео Get Visas Fast - UK is Cancelling Golden Visa Program (Tier 1 Investor Visa) канала Offshore Citizen
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
Visas offering foreign investors fast-track residency in the UK are being scrapped with immediate effect, the home secretary has confirmed.
Priti Patel said ending Tier 1 investor visas, for those spending, at least £2m, was the start of a "renewed crackdown on illicit finance and fraud".
The scheme was introduced in 2008 to encourage wealthy people from outside the EU to invest in the UK. It has been under review for some time, after concerns it is open to abuse.
The Tier 1 (investor) visa, often called a "golden visa", offers residency to those investing £2m or more in the UK, and allows their families to join them.
Holders of these visas can then apply for permanent residency in the UK, at a speed depending on how much they invest.
A £2m investment allows an application within five years, shortened to three years with £5m or two years if £10m is invested.
But the route to residency is now being closed with immediate effect, with the government saying it "failed to deliver for the UK people and gave opportunities for corrupt elites to access the UK".
The UK has announced they are canceling their Tier 1 Investor Visa immediately citing "security concerns". Since 2008 thousands of Russians, as well as people from India and elsewhere, have used the program investing £2 million into British companies to qualify for the so-called Golden visa.
This is nonsense. It clearly has nothing to do with security concerns or they'd simply tighten background checks. After all, what does being an investor have to do with security vs any other path? It's clearly a bias against people with wealth being able to use their wealth to gain an advantage. Of course, this is very short-sighted, why wouldn't you want wealthy people in your country?
So what should you be doing? What visas can you get today?
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
Видео Get Visas Fast - UK is Cancelling Golden Visa Program (Tier 1 Investor Visa) канала Offshore Citizen
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