UK GOVT SLAMMED FOR U-TURN ON SUSPENSION OF ‘GOLDEN’ VISA SCHEME FOR SUPER WEALTHY

The Hindu on 12 December reported that campaigners have condemned the British Home Office’s decision to backtrack on plans to suspend a “golden” visa scheme for wealthy investors, just days after announcing the suspension.  After no formal announcement was made to Parliament, with no mention of the scheme or changes to it in an update from the Home Office, a statement from the Home Office sais that,. “The Tier 1 (Investor) visa is not currently suspended, however we remain committed to reforming the route. A further announcement will be made in due course”.

https://www.thehindubusinessline.com/news/world/uk-govt-slammed-for-u-turn-on-suspension-of-golden-visa-scheme-for-super-wealthy/article25727025.ece

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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