About 60 per cent of investor visas were given to Chinese and Russian citizens in the past ten years ALAMYOligarchs and the super-rich wishing to come to Britain are to face new curbs as the government suspends “gold-plated” investor visas from midnight. The move is part of a crackdown on organised crime and money laundering. The “Tier-1” investor visas give people who are willing to bring millions of pounds to Britain a fast track to settlement in the country. Applicants can then apply for British citizenship, which some believe is the ultimate goal for wealthy overseas migrants. Critics of the route say that it can be exploited…

Source: The Times December 06, 2018 00:03 UTC