The UK Home Office has gone back on its suspension of Tier 1 Investor visas just days after announcing their suspension. In doing so, UK law firm Irwin Mitchell Private Wealth has warned that this creates "uncertainty for wealthy immigrants and their advisors and potentially jeopardising millions of pounds of investment to the country".

Tier 1 Investor visas were introduced a decade ago to encourage more investment into the UK from foreign countries. The minimum requirement of investment into the UK is now £2 million and investors are granted indefinite leave to remain after a five-year period.

The Home Office app...