While it plans new provisions for the Innovator visa in the fall, the Home Office says these will not “accommodate would-be Tier 1 investors”.
The UK Investor Visa raised at least £600 million in 2021, and likely closer to £1 billion. The Startup and Innovator visas hit record highs.
Latitude’s Eric Major and Charles Russell Speechlys’ Kelvin Tanner question the Home Office’s justifications for scrapping the Investor visa.
The decision is reportedly motivated by a desire to cut economic ties to Russia and concerns the program is vulnerable to money laundering.
Winners, losers, surprises, and new trends. These are five graphs that characterize the year in golden visa programs.
