UK Revokes Visa-Free Travel for Dominica, Vanuatu Citizens Over “Clear and Evident Abuse” of CBI Programs
The Home Office said the changes would have immediate effect to prevent “a wave of travelers” from the affected countries.
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UK Supreme Court Overturns Ruling in UK Tier 1 Case: Maxwell Holding’s Contingent Financing Not Compliant
The UK Supreme Court settles a nearly four-year-old legal dispute over self-serving UK Tier 1 investment structures.
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UK Minister Confirms CIPs Are “Being Looked At”, Fears Visa-Waiver “Backdoor ” to UK
“We simply cannot have visa waivers with backdoor economies,” said the UK Security Minister, with reference to CBI programs.
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How to Get Your Business Ready for a UK Innovator and Startup Visa Endorsing Body
To qualify for a UK Startup or Innovator Visa, applicants must obtain the endorsement of designated endorsing bodies. John Courtney explains how to get it.
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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”.
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Patel “Undermines Democratic Procedures” in Snap Program Closure Says Law Association, Calling for Application Grace Period
The ILPA, an influential group of lawyers, accuses the Home Secretary of flouting democratic convention by unilaterally closing the program.
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UK to End Investor Visa “Within Weeks”, Ostensibly to Cut Economic Ties to Russia Over Ukraine Impasse
The decision is reportedly motivated by a desire to cut economic ties to Russia and concerns the program is vulnerable to money laundering.
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Even for The Super-Rich, Citizenship by Descent is Extremely Useful: Lessons From Abramovich
Abramovich recently picked up another citizenship by descent, this time in Portugal. Millions more should do the same, says David Lesperance.
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UK Investor Visa Sets Post-Pandemic Record in Q3, Startup Visas at All-Time High
The strong rebound, says Tolstaia, reflects the UK’s persisting status as a “magnet for international UHNWIs.”
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UK Processes 20k ECAA Turkish Businessperson Applications in 2021, Rejects 84%
Though the program closed in December, the Home Office has processed more than 20,000 Turkish Businessperson visas in 2021, rejecting nearly all.
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Record Quarter for UK Innovator Visa, 187% YoY Improvement for Investor Category
Arrows are pointing up for all of the UK’s investment-based visas.
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The Man Who Grew Sark’s Population 20% by Wooing Digital Business-Owners With Political Freedom
Lorenz – the man behind Sark Society – calls the island, which has no cars, no paved roads, and practically no taxes, a “secret European micro-state”.
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Innovisa: Matching UK Start-Ups With Active Entrepreneurs Seeking UK Innovator Visa
IMI interviews Eric Major and Alex Hopkin about the new Innovisa platform, which matches UK Innovator Visa applicants with eligible startups.
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Brokerage Acquires Majority of Shuttered UK Tier 1 Specialist Dolfin’s Clients
UK Tier 1 specialist Dolfin’s special administrators have found a successor service provider for more than half of the firm’s client accounts.
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UK Court of Appeal Overturns Tier 1 IV Ruling: Investment-Loan Structure Was Legal
In 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.
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UK’s Share of Overseas Property Exhibitions in Hong Kong Triples in 2021
“The UK represents almost one in two exhibitions so far this year,” says Eli McGeever, Vice President of property discovery platform Soho App.
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Shard Capital Investor Visa Appoints Chief Investment Officer
“We expect a significant bounce back in the number visa issuances as 2021 progresses,” said Shard Capital’s Head of Investor Visa, Farzin Yazdi.
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UK’s FCA Orders Major Investor Visa Provider to Stop Activities Over Concerns of Misconduct
The FCA said it had “identified a number of serious concerns” about the firm’s conduct, including for Tier 1 investor visa activities.
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UK Tier 1 Investment Down 40% in 2020: Quick Vaccine Rollout and Brexit Expected to Drive Rebound in 2021
The UK Tier 1 Investor Visa ended 2020 40% below 2019. Farzin Yazdi offers three reasons the market will bounce back in 2021.
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Pandemic Brings UK Tier 1 Investor Visa Applications to Halt in Q2
Not since Q3 2008 has the Home Office approved fewer applications for Tier 1 investor visas in the UK.
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