Golden visas for wealthy foreign investors suspended in crime crackdown

Pedro Gonçalves
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Golden visas for wealthy foreign investors suspended in crime crackdown

Foreign investors spending millions of pounds in the UK will face new visa restrictions as part of reforms designed to tackle organised crime and money laundering. The tier 1 visa, which provides a fast track route to settlement for people willing to invest millions in the UK, will be suspended from Friday until new rules are put in place in 2019. Tier 1 visas were introduced in 2008 to attract non-EU citizens to invest millions of pounds into the UK, with more than 1,000 granted in...

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