UK Home Office Defends Closure of Investor Visa, Signals New Provisions for Innovator Route
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”.
Read moreWhile it plans new provisions for the Innovator visa in the fall, the Home Office says these will not “accommodate would-be Tier 1 investors”.
Read moreLatitude’s Eric Major and Charles Russell Speechlys’ Kelvin Tanner question the Home Office’s justifications for scrapping the Investor visa.
Read moreThe decision is reportedly motivated by a desire to cut economic ties to Russia and concerns the program is vulnerable to money laundering.
Read moreThe strong rebound, says Tolstaia, reflects the UK’s persisting status as a “magnet for international UHNWIs.”
Read moreArrows are pointing up for all of the UK’s investment-based visas.
Read moreUK Tier 1 specialist Dolfin’s special administrators have found a successor service provider for more than half of the firm’s client accounts.
Read moreDolfin Financial, which once managed GBP 1.3 billion on behalf of clients, has filed for special administration in the city’s High Court.
Read moreMore than one in four Iranians, 22% of Pakistanis, 16% of Indians, and 13% of Egyptians have historically been turned away. No Brazilians have ever been rejected.
Read moreIn a ruling of some consequence, the UK Court of Appeal has overturned an Upper Tribunal decision that said the Maxwell/Eclectic structure was a rule-violation.
Read more“We expect a significant bounce back in the number visa issuances as 2021 progresses,” said Shard Capital’s Head of Investor Visa, Farzin Yazdi.
Read moreThe FCA said it had “identified a number of serious concerns” about the firm’s conduct, including for Tier 1 investor visa activities.
Read moreThe UK Tier 1 Investor Visa ended 2020 40% below 2019. Farzin Yazdi offers three reasons the market will bounce back in 2021.
Read moreFarzin Yazdi attributes the late summer and early fall investment boom to a release of pent-up demand stemming from the lockdown-months.
Read moreFarzin Yazdi is upset that “a few bad actors see migrants as naïve and an easy catch for a scam,” and admires the work of Bruno L’ecuyer’s IMC.
Read moreNot since Q3 2008 has the Home Office approved fewer applications for Tier 1 investor visas in the UK.
Read more“The UK could lose over £350m of foreign direct investment if universities move classes online during the next academic year,” Farzin Yazdi estimates.
Read moreNext year, EU citizens will no longer have automatic settlement-rights in the UK. This widens the Tier 1 visa’s target demographic by 11m European HNWIs.
Read moreOne firm’s director lent more than GBP 100 million to UK Tier 1 applicants on the condition they invest it in a company controlled by his wife.
Read moreOnly 49 main applicants received Tier 1 Investor visas during the Q3 2019, a down from 124 in the preceding quarter.
Read moreNot since the entry price was half of today’s – five years ago – have more Hongkongers obtained UK Tier 1 Investor visas in a single quarter.
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