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UK government scraps Tier 1 Investor Visas – private wealth reaction

Katie Royals, 18/02/2022

The UK Home Office has shut the Tier 1 Investor Visa route to all new applicants, effective immediately.

This move has surprised many private wealth professionals. Unlike many announcements of this kind, there had been little to no speculation surrounding the so-called golden visas for some time.

The Home Office said this move demonstrates the government’s new plan for immigration in action, aiming to be firm against those wanting to abuse the immigration system.

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